12, LOMBARDY CLOSE, HEMEL HEMPSTEAD, HP2 4NG - £625,000

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.

12 LOMBARDY CLOSE is a small extended detached house of 106m², built sometime between 1976 and 1982, which could now be worth an estimated £738,261. It was last sold for £625,000 in July 2018, which was around 20% below the average July 2018 detached price in the Dacorum local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

12 LOMBARDY CLOSE Sold Prices

Land registry data shows three sales for 12 LOMBARDY CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the three 12 LOMBARDY 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
2018 17 JUL	£625,000	£779,708	20% below HPI
2014 28 FEB	£405,000	£558,798	28% below HPI
1998 18 SEP	£185,000	£214,563	14% below HPI

12 LOMBARDY 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 three 12 LOMBARDY CLOSE sales between September 1998 and July 2018 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 February 2014 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the July 2018 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 12 LOMBARDY CLOSE be worth now?

12 LOMBARDY CLOSE might now be worth an estimated £738,261.

This is based on house price inflation of 18.1%, between July 2018 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 18.1% inflationary increase is applied to the most recent sale price for 12 LOMBARDY CLOSE of £625,000 on 17th July 2018. For the value to have increased from £625,000 to £738,261 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 12 LOMBARDY CLOSE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The July 2018 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LOMBARDY CLOSE has not materially changed since July 2018.

How Large is 12 LOMBARDY CLOSE?

12 LOMBARDY CLOSE is 106m², which includes two extensions, according to the EPC inspection conducted in February 2013. This puts it in the smallest 30% 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 12 LOMBARDY CLOSE lies on this distribution: 27% of detached houses houses are smaller than 12 LOMBARDY CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

12 LOMBARDY CLOSE: Plot and Title Map

12 LOMBARDY CLOSE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 12 LOMBARDY 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 12 LOMBARDY 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 12 LOMBARDY CLOSE?

12 LOMBARDY CLOSE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 12 on LOMBARDY CLOSE.