14, THE CHESTNUTS, HEMEL HEMPSTEAD, HP3 0DZ - £880,000

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.

14 THE CHESTNUTS is a very large extended detached house of 190m², built sometime between 1976 and 1982, which could now be worth an estimated £1,043,837. It was last sold for £880,000 in May 2017, which was around 13% above the average May 2017 detached price in the Dacorum local authority area. The most recent EPC inspection was July 2016, where the current energy rating was C, and the potential energy rating was B.

14 THE CHESTNUTS Sold Prices

Land registry data shows two sales for 14 THE CHESTNUTS 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 14 THE CHESTNUTS sales were for above 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
2017 3 MAY	£880,000	£776,447	13% above HPI
1996 31 JUL	£235,000	£151,187	55% above HPI

14 THE CHESTNUTS 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 14 THE CHESTNUTS sales from July 1996 and May 2017 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 July 1996 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the May 2017 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 14 THE CHESTNUTS be worth now?

14 THE CHESTNUTS might now be worth an estimated £1,043,837.

This is based on house price inflation of 18.6%, between May 2017 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 18.6% inflationary increase is applied to the most recent sale price for 14 THE CHESTNUTS of £880,000 on 3rd May 2017. For the value to have increased from £880,000 to £1,043,837 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 14 THE CHESTNUTS has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The May 2017 sale price of £880,000 represented a fair market value for the property.
• The size, condition, and specification of 14 THE CHESTNUTS has not materially changed since May 2017.

How Large is 14 THE CHESTNUTS?

14 THE CHESTNUTS is 190m², which includes three extensions, according to the EPC inspection conducted in July 2016. This puts it in the largest 20% 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 14 THE CHESTNUTS lies on this distribution: 86% of detached houses houses are smaller than 14 THE CHESTNUTS, and 14% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

14 THE CHESTNUTS: Plot and Title Map

14 THE CHESTNUTS sits on a plot of roughly 0.170 of an acre, or 687m². The below map shows the location of 14 THE CHESTNUTS, 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 14 THE CHESTNUTS). 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 14 THE CHESTNUTS?

14 THE CHESTNUTS is located in HEMEL HEMPSTEAD, in the HP3 postcode district. The below map shows the position of No. 14 on THE CHESTNUTS.