1, SHERIDAN CLOSE, HEMEL HEMPSTEAD, HP1 1XS - £440,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

1 SHERIDAN CLOSE is a small detached house of 117m², built sometime between 1976 and 1982, which could now be worth an estimated £788,527. It was last sold for £440,000 in April 2008, which was around 14% below the average April 2008 detached price in the Dacorum local authority area. The most recent EPC inspection was January 2014, where the current energy rating was E, and the potential energy rating was B.

1 SHERIDAN CLOSE Sold Prices

Land registry data shows two sales for 1 SHERIDAN CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. Both of the two 1 SHERIDAN CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2008 28 APR	£440,000	£513,923	14% below HPI
1999 20 SEP	£206,000	£237,382	13% below HPI

1 SHERIDAN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Dacorum local authority area over time, sourced from the HPI. The two 1 SHERIDAN CLOSE sales from September 1999 and April 2008 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 1999 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the April 2008 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 1 SHERIDAN CLOSE be worth now?

1 SHERIDAN CLOSE might now be worth an estimated £788,527.

This is based on house price inflation of 79.2%, between April 2008 and February 2025, for detached houses, in the Dacorum local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 79.2% inflationary increase is applied to the most recent sale price for 1 SHERIDAN CLOSE of £440,000 on 28th April 2008. For the value to have increased from £440,000 to £788,527 over the seventeen years and two months to February 2025, the following assumptions must hold true:

• The value of 1 SHERIDAN CLOSE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The April 2008 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SHERIDAN CLOSE has not materially changed since April 2008.

How Large is 1 SHERIDAN CLOSE?

1 SHERIDAN CLOSE is 117m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 40% of detached houses houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of detached houses houses by size in Hemel Hempstead, and where 1 SHERIDAN CLOSE lies on this distribution: 39% of detached houses houses are smaller than 1 SHERIDAN CLOSE, and 60% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

1 SHERIDAN CLOSE: Plot and Title Map

1 SHERIDAN CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 1 SHERIDAN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 SHERIDAN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 SHERIDAN CLOSE?

1 SHERIDAN CLOSE is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 1 on SHERIDAN CLOSE.