40 Ridge Lea

    40, RIDGE LEA, HEMEL HEMPSTEAD, HP1 2AZ

    This semi-detached freehold property on Ridge Lea last sold in February 2024 for £460,000. Based on price growth in the HP1 district since then, its estimated current value is £465,729 — placing it in the 76th percentile nationally and the 60th percentile within HP1. The property covers 84 m² (904 sq ft), giving an estimated value of £5,544 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £460,000

    Feb 2024

    Estimated Valuation

    £465,729

    Est. £/sq ft

    £515/sq ft

    £5,544/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area904 sq ft (84 m²)
    EPC dateApr 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Feb 2024

    £460,000

    Key Metrics

    Estimated valuation£465,729
    Value per sq ft / m²£515/sq ft (£5,544/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    HP1 district percentile60th percentile
    National percentile76th percentile

    District Context — HP1

    HP1 covers Hemel Hempstead and surrounding areas in Hertfordshire, north-west of London. It is a well-established commuter territory with a mixed residential character, blending suburban estates with commercial development.

    Average Property Price - HP1

    £461,176

    76

    National percentile

    Average Net Household Income - HP1

    £44,676

    75

    National percentile

    10-Year Annualised Price Growth - HP1

    3.4%

    43

    National percentile

    10-Year Annualised Rent Growth - HP

    3.7%

    43

    National percentile

    View full analysis for HP1

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