15, FARNHAM CLOSE, BOVINGDON, HEMEL HEMPSTEAD, HP3 0QT - £565,000

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.

15 FARNHAM CLOSE is a very small semi-detached house of 90m², built sometime between 1976 and 1982, which could now be worth an estimated £581,723. It was last sold for £565,000 in May 2024, which was around 6% above the average May 2024 semi-detached price in the Dacorum local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

15 FARNHAM CLOSE Sold Prices

Land registry data shows two sales for 15 FARNHAM CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Dacorum local authority area for the corresponding sale date. Both of the two 15 FARNHAM CLOSE 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
2024 3 MAY	£565,000	£530,980	6% above HPI
2012 24 SEP	£325,000	£295,598	10% above HPI

15 FARNHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dacorum local authority area over time, sourced from the HPI. The two 15 FARNHAM CLOSE sales from September 2012 and May 2024 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 2012 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the May 2024 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 15 FARNHAM CLOSE be worth now?

15 FARNHAM CLOSE might now be worth an estimated £581,723.

This is based on house price inflation of 3%, between May 2024 and February 2025, for semi-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 3% inflationary increase is applied to the most recent sale price for 15 FARNHAM CLOSE of £565,000 on 3rd May 2024. For the value to have increased from £565,000 to £581,723 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 15 FARNHAM CLOSE has moved in line with the HPI for semi-detached houses in the Dacorum local authority area.
• The May 2024 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 15 FARNHAM CLOSE has not materially changed since May 2024.

How Large is 15 FARNHAM CLOSE?

15 FARNHAM CLOSE is 90m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of semi-detached houses houses in Bovingdon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bovingdon, and where 15 FARNHAM CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 15 FARNHAM CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bovingdon.

15 FARNHAM CLOSE: Plot and Title Map

15 FARNHAM CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 15 FARNHAM 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 15 FARNHAM 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 15 FARNHAM CLOSE?

15 FARNHAM CLOSE is located in BOVINGDON, in the HP3 postcode district. The below map shows the position of No. 15 on FARNHAM CLOSE.