CHERRY BANK COTTAGE, SHOTHANGER WAY, BOVINGDON, HEMEL HEMPSTEAD, HP3 0DW - £700,000

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

CHERRY BANK COTTAGE is a very small extended detached house of 89m², built sometime between 1930 and 1949, which could now be worth an estimated £1,270,548. It was last sold for £700,000 in November 2010, which was around 37% above the average November 2010 detached price in the Dacorum local authority area. The most recent EPC inspection was October 2010, where the current energy rating was F, and the potential energy rating was E.

CHERRY BANK COTTAGE Sold Prices

Land registry data shows two sales for CHERRY BANK COTTAGE 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 CHERRY BANK COTTAGE sales were for above 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
2010 19 NOV	£700,000	£510,210	37% above HPI
2008 18 JUN	£682,500	£503,190	36% above HPI

CHERRY BANK COTTAGE 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 CHERRY BANK COTTAGE sales from June 2008 and November 2010 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 2008 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the November 2010 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might CHERRY BANK COTTAGE be worth now?

CHERRY BANK COTTAGE might now be worth an estimated £1,270,548.

This is based on house price inflation of 81.5%, between November 2010 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 81.5% inflationary increase is applied to the most recent sale price for CHERRY BANK COTTAGE of £700,000 on 19th November 2010. For the value to have increased from £700,000 to £1,270,548 over the thirteen years and eleven months to December 2024, the following assumptions must hold true:

• The value of CHERRY BANK COTTAGE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The November 2010 sale price of £700,000 represented a fair market value for the property.
• The size, condition, and specification of CHERRY BANK COTTAGE has not materially changed since November 2010.

How Large is CHERRY BANK COTTAGE?

CHERRY BANK COTTAGE is 89m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the smallest 20% 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 CHERRY BANK COTTAGE lies on this distribution: 10% of detached houses houses are smaller than CHERRY BANK COTTAGE, and 90% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

CHERRY BANK COTTAGE: Plot and Title Map

CHERRY BANK COTTAGE sits on a plot of roughly 0.412 of an acre, or 1,669m². The below map shows the location of CHERRY BANK COTTAGE, 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 CHERRY BANK COTTAGE). 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 CHERRY BANK COTTAGE?

CHERRY BANK COTTAGE is located on SHOTHANGER WAY in BOVINGDON, in the HP3 postcode district. The below map shows the position of CHERRY BANK COTTAGE on SHOTHANGER WAY.