7, MILL CLOSE, PICCOTTS END, HEMEL HEMPSTEAD, HP1 3AX - £810,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 MILL CLOSE is a large extended detached house of 166m², built sometime between 1976 and 1982. It was last sold for £810,000 in February 2024, which was around 12% below the average February 2024 detached price in the Dacorum local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

7 MILL CLOSE Sold Prices

Land registry data shows four sales for 7 MILL 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 7 MILL 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
2024 20 FEB	£810,000	£917,496	12% below HPI
2005 15 DEC	£344,950	£433,074	20% below HPI
2001 11 OCT	£242,500	£340,664	29% below HPI
1997 25 SEP	£161,000	£196,579	18% below HPI

7 MILL 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 7 MILL CLOSE sales between September 1997 and February 2024 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 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the February 2024 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 7 MILL CLOSE?

7 MILL CLOSE is 166m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the largest 30% of detached houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of detached houses by size in Hemel Hempstead, and where 7 MILL CLOSE lies on this distribution: 78% of detached houses are smaller than 7 MILL CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

7 MILL CLOSE: Plot and Title Map

7 MILL CLOSE sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 7 MILL 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 7 MILL 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 7 MILL CLOSE?

7 MILL CLOSE is located in PICCOTTS END, in the HP1 postcode district. The below map shows the position of No. 7 on MILL CLOSE.