4, SHERBOURNE CLOSE, HEMEL HEMPSTEAD, HP2 4JA - £481,000

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

4 SHERBOURNE CLOSE is a very small detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £486,878. It was last sold for £481,000 in September 2023, which was around 47% below the average September 2023 detached price in the Dacorum local authority area. The most recent EPC inspection was December 2022, where the current energy rating was C, and the potential energy rating was B.

4 SHERBOURNE CLOSE Sold Prices

Land registry data shows four sales for 4 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 4 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
2023 6 SEP	£481,000	£909,886	47% below HPI
2002 5 DEC	£210,500	£391,706	46% below HPI
1999 21 MAY	£139,950	£221,527	37% below HPI
1995 8 SEP	£114,950	£148,926	23% below HPI

4 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 4 SHERBOURNE CLOSE sales between September 1995 and September 2023 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 2002 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the September 2023 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 4 SHERBOURNE CLOSE be worth now?

4 SHERBOURNE CLOSE might now be worth an estimated £486,878.

This is based on house price inflation of 1.2%, between September 2023 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 1.2% inflationary increase is applied to the most recent sale price for 4 SHERBOURNE CLOSE of £481,000 on 6th September 2023. For the value to have increased from £481,000 to £486,878 over the two years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 SHERBOURNE CLOSE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The September 2023 sale price of £481,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SHERBOURNE CLOSE has not materially changed since September 2023.

How Large is 4 SHERBOURNE CLOSE?

4 SHERBOURNE CLOSE is 88m² according to the EPC inspection conducted in December 2022. 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 4 SHERBOURNE CLOSE lies on this distribution: 9% of detached houses houses are smaller than 4 SHERBOURNE CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

4 SHERBOURNE CLOSE: Plot and Title Map

4 SHERBOURNE CLOSE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 4 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 4 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 4 SHERBOURNE CLOSE?

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