4, CHALFONT CLOSE, HEMEL HEMPSTEAD, HP2 7JR - £388,000

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.

4 CHALFONT CLOSE is a small detached house of 106m², built sometime between 1930 and 1949, which could now be worth an estimated £587,692. It was last sold for £388,000 in August 2014, which was around 36% below the average August 2014 detached price in the Dacorum local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was C.

4 CHALFONT CLOSE Sold Prices

Land registry data shows two sales for 4 CHALFONT 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 4 CHALFONT 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
2014 7 AUG	£388,000	£608,056	36% below HPI
2007 4 JUN	£329,950	£473,181	30% below HPI

4 CHALFONT 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 4 CHALFONT CLOSE sales from June 2007 and August 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 June 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2014 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 4 CHALFONT CLOSE be worth now?

4 CHALFONT CLOSE might now be worth an estimated £587,692.

This is based on house price inflation of 51.5%, between August 2014 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 51.5% inflationary increase is applied to the most recent sale price for 4 CHALFONT CLOSE of £388,000 on 7th August 2014. For the value to have increased from £388,000 to £587,692 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of 4 CHALFONT CLOSE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The August 2014 sale price of £388,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHALFONT CLOSE has not materially changed since August 2014.

How Large is 4 CHALFONT CLOSE?

4 CHALFONT CLOSE is 106m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% 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 4 CHALFONT CLOSE lies on this distribution: 27% of detached houses houses are smaller than 4 CHALFONT CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

4 CHALFONT CLOSE: Plot and Title Map

4 CHALFONT CLOSE sits on a plot of roughly 0.103 of an acre, or 415m². The below map shows the location of 4 CHALFONT 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 4 CHALFONT 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 4 CHALFONT CLOSE?

4 CHALFONT CLOSE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 4 on CHALFONT CLOSE.