15, RYMILL CLOSE, BOVINGDON, HEMEL HEMPSTEAD, HP3 0JA - £600,000

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 RYMILL CLOSE is a small detached house of 122m², built sometime between 1950 and 1966, which could now be worth an estimated £692,775. It was last sold for £600,000 in August 2020, which was around 25% below the average August 2020 detached price in the Dacorum local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was C.

15 RYMILL CLOSE Sold Prices

Land registry data shows three sales for 15 RYMILL 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 15 RYMILL 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
2020 28 AUG	£600,000	£797,666	25% below HPI
2019 25 OCT	£531,000	£779,026	32% below HPI
2006 26 SEP	£382,500	£443,947	14% below HPI

15 RYMILL 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 15 RYMILL CLOSE sales between September 2006 and August 2020 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 October 2019 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the August 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 15 RYMILL CLOSE be worth now?

15 RYMILL CLOSE might now be worth an estimated £692,775.

This is based on house price inflation of 15.5%, between August 2020 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 15.5% inflationary increase is applied to the most recent sale price for 15 RYMILL CLOSE of £600,000 on 28th August 2020. For the value to have increased from £600,000 to £692,775 over the five years and six months to February 2025, the following assumptions must hold true:

• The value of 15 RYMILL CLOSE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The August 2020 sale price of £600,000 represented a fair market value for the property.
• The size, condition, and specification of 15 RYMILL CLOSE has not materially changed since August 2020.

How Large is 15 RYMILL CLOSE?

15 RYMILL CLOSE is 122m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% of detached houses houses in Bovingdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bovingdon, and where 15 RYMILL CLOSE lies on this distribution: 34% of detached houses houses are smaller than 15 RYMILL CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Bovingdon.

15 RYMILL CLOSE: Plot and Title Map

15 RYMILL CLOSE sits on a plot of roughly 0.099 of an acre, or 401m². The below map shows the location of 15 RYMILL 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 RYMILL 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 RYMILL CLOSE?

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