23, HADLAND CLOSE, BOVINGDON, HEMEL HEMPSTEAD, HP3 0UD - £415,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 HADLAND CLOSE is a very small extended detached house of 83m², built sometime from 2007 onwards, which could now be worth an estimated £501,951. It was last sold for £415,000 in February 2018, which was around 46% below the average February 2018 detached price in the Dacorum local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

23 HADLAND CLOSE Sold Prices

Land registry data shows two sales for 23 HADLAND 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 23 HADLAND 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
2018 21 FEB	£415,000	£765,647	46% below HPI
1997 1 DEC	£137,950	£194,119	29% below HPI

23 HADLAND 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 23 HADLAND CLOSE sales from December 1997 and February 2018 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 December 1997 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the February 2018 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 23 HADLAND CLOSE be worth now?

23 HADLAND CLOSE might now be worth an estimated £501,951.

This is based on house price inflation of 21%, between February 2018 and December 2024, 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 21% inflationary increase is applied to the most recent sale price for 23 HADLAND CLOSE of £415,000 on 21st February 2018. For the value to have increased from £415,000 to £501,951 over the five years and two months to December 2024, the following assumptions must hold true:

• The value of 23 HADLAND CLOSE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The February 2018 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 23 HADLAND CLOSE has not materially changed since February 2018.

How Large is 23 HADLAND CLOSE?

23 HADLAND CLOSE is 83m², which includes one extension, according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% 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 23 HADLAND CLOSE lies on this distribution: 6% of detached houses houses are smaller than 23 HADLAND CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bovingdon.

23 HADLAND CLOSE: Plot and Title Map

23 HADLAND CLOSE sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 23 HADLAND 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 23 HADLAND 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 23 HADLAND CLOSE?

23 HADLAND CLOSE is located in BOVINGDON, in the HP3 postcode district. The below map shows the position of No. 23 on HADLAND CLOSE.