3, SHERBOURNE CLOSE, HEMEL HEMPSTEAD, HP2 4JA - £439,000

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.

3 SHERBOURNE CLOSE is a very small detached house of 79m², built sometime between 1991 and 1995, which could now be worth an estimated £520,142. It was last sold for £439,000 in August 2017, which was around 44% below the average August 2017 detached price in the Dacorum local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

3 SHERBOURNE CLOSE Sold Prices

Land registry data shows four sales for 3 SHERBOURNE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the four 3 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
2017 17 AUG	£439,000	£777,329	44% below HPI
2005 12 AUG	£249,950	£415,961	40% below HPI
2002 14 JUN	£197,000	£337,132	42% below HPI
1995 28 JUL	£104,950	£145,386	28% below HPI

3 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 four 3 SHERBOURNE CLOSE sales between July 1995 and August 2017 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 August 2005 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the August 2017 sale, where it falls to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 3 SHERBOURNE CLOSE be worth now?

3 SHERBOURNE CLOSE might now be worth an estimated £520,142.

This is based on house price inflation of 18.5%, between August 2017 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 18.5% inflationary increase is applied to the most recent sale price for 3 SHERBOURNE CLOSE of £439,000 on 17th August 2017. For the value to have increased from £439,000 to £520,142 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 3 SHERBOURNE CLOSE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The August 2017 sale price of £439,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SHERBOURNE CLOSE has not materially changed since August 2017.

How Large is 3 SHERBOURNE CLOSE?

3 SHERBOURNE CLOSE is 79m² according to the EPC inspection conducted in February 2017. 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 3 SHERBOURNE CLOSE lies on this distribution: 5% of detached houses houses are smaller than 3 SHERBOURNE CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

3 SHERBOURNE CLOSE: Plot and Title Map

3 SHERBOURNE CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 3 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 3 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 3 SHERBOURNE CLOSE?

3 SHERBOURNE CLOSE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 3 on SHERBOURNE CLOSE.