2, FARNHAM CLOSE, BOVINGDON, HEMEL HEMPSTEAD, HP3 0QT - £353,000

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.

2 FARNHAM CLOSE is a very small semi-detached house of 88m², built sometime between 1967 and 1975, which could now be worth an estimated £569,366. It was last sold for £353,000 in July 2014, which was around 4% above the average July 2014 semi-detached price in the Dacorum local authority area. The most recent EPC inspection was February 2014, where the current energy rating was E, and the potential energy rating was C.

2 FARNHAM CLOSE Sold Prices

Land registry data shows two sales for 2 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 2 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
2014 4 JUL	£353,000	£338,945	4% above HPI
2002 15 APR	£189,450	£174,761	8% above HPI

2 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 2 FARNHAM CLOSE sales from April 2002 and July 2014 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 April 2002 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the July 2014 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 2 FARNHAM CLOSE be worth now?

2 FARNHAM CLOSE might now be worth an estimated £569,366.

This is based on house price inflation of 61.3%, between July 2014 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 61.3% inflationary increase is applied to the most recent sale price for 2 FARNHAM CLOSE of £353,000 on 4th July 2014. For the value to have increased from £353,000 to £569,366 over the eleven years and five months to February 2025, the following assumptions must hold true:

• The value of 2 FARNHAM CLOSE has moved in line with the HPI for semi-detached houses in the Dacorum local authority area.
• The July 2014 sale price of £353,000 represented a fair market value for the property.
• The size, condition, and specification of 2 FARNHAM CLOSE has not materially changed since July 2014.

How Large is 2 FARNHAM CLOSE?

2 FARNHAM CLOSE is 88m² according to the EPC inspection conducted in February 2014. 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 2 FARNHAM CLOSE lies on this distribution: 8% of semi-detached houses houses are smaller than 2 FARNHAM CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Bovingdon.

2 FARNHAM CLOSE: Plot and Title Map

2 FARNHAM CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 2 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 2 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 2 FARNHAM CLOSE?

2 FARNHAM CLOSE is located in BOVINGDON, in the HP3 postcode district. The below map shows the position of No. 2 on FARNHAM CLOSE.