CHERRY TREES, VICARAGE LANE, BOVINGDON, HEMEL HEMPSTEAD, HP3 0LT - £950,000

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

CHERRY TREES is a large detached house of 166m². It was last sold for £950,000 in June 2022, which was around 2% above the average June 2022 detached price in the Dacorum local authority area. The most recent EPC inspection was May 2019, where the current energy rating was B, and the potential energy rating was A.

CHERRY TREES Sold Prices

Land registry data shows two sales for CHERRY TREES 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. One of the two CHERRY TREES sales was for above the average price, whilst the other was 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
2022 20 JUN	£950,000	£933,407	2% above HPI
2016 28 SEP	£632,000	£787,192	20% below HPI

CHERRY TREES 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 TREES sales from September 2016 and June 2022 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 September 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2022 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is CHERRY TREES?

CHERRY TREES is 166m² according to the EPC inspection conducted in May 2019. This puts it in the largest 40% of detached houses in Bovingdon, based on EPC data. The below chart shows the distribution of detached houses by size in Bovingdon, and where CHERRY TREES lies on this distribution: 66% of detached houses are smaller than CHERRY TREES, and 33% of houses are larger. Note that EPC data is not available for all properties in Bovingdon.

CHERRY TREES: Plot and Title Map

CHERRY TREES sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of CHERRY TREES, 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 TREES). 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 TREES?

CHERRY TREES is located on VICARAGE LANE in BOVINGDON, in the HP3 postcode district. The below map shows the position of CHERRY TREES on VICARAGE LANE.