2, SHERBOURNE CLOSE, HEMEL HEMPSTEAD, HP2 4JA - £283,000

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 SHERBOURNE CLOSE is a very small detached house of 62m², built sometime between 1996 and 2002, which could now be worth an estimated £506,430. It was last sold for £283,000 in September 2010, which was around 45% below the average September 2010 detached price in the Dacorum local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

2 SHERBOURNE CLOSE Sold Prices

Land registry data shows two sales for 2 SHERBOURNE CLOSE 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 2 SHERBOURNE 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
2010 7 SEP	£283,000	£514,670	45% below HPI
1995 28 JUN	£114,500	£143,835	20% below HPI

2 SHERBOURNE 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 two 2 SHERBOURNE CLOSE sales from June 1995 and September 2010 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 June 1995 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2010 sale, where it falls to 45% below the HPI. The line then continues to track at 45% below the HPI.

What might 2 SHERBOURNE CLOSE be worth now?

2 SHERBOURNE CLOSE might now be worth an estimated £506,430.

This is based on house price inflation of 79%, between September 2010 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 79% inflationary increase is applied to the most recent sale price for 2 SHERBOURNE CLOSE of £283,000 on 7th September 2010. For the value to have increased from £283,000 to £506,430 over the fifteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 SHERBOURNE CLOSE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The September 2010 sale price of £283,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SHERBOURNE CLOSE has not materially changed since September 2010.

How Large is 2 SHERBOURNE CLOSE?

2 SHERBOURNE CLOSE is 62m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% 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 2 SHERBOURNE CLOSE lies on this distribution: 1% of detached houses houses are smaller than 2 SHERBOURNE CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

2 SHERBOURNE CLOSE: Plot and Title Map

2 SHERBOURNE CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 2 SHERBOURNE 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 SHERBOURNE 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 SHERBOURNE CLOSE?

2 SHERBOURNE CLOSE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 2 on SHERBOURNE CLOSE.