THE HERMITAGE, AYLESBURY ROAD, TRING, HP23 4DH - £975,000

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.

THE HERMITAGE is a very large extended detached house of 181m², built sometime before 1900, which could now be worth an estimated £1,203,562. It was last sold for £975,000 in September 2016, which was around 31% above the average September 2016 detached price in the Dacorum local authority area. The most recent EPC inspection was October 2015, where the current energy rating was G, and the potential energy rating was D.

THE HERMITAGE Sold Prices

Land registry data shows two sales for THE HERMITAGE 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 THE HERMITAGE 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
2016 15 SEP	£975,000	£746,102	31% above HPI
1996 17 MAY	£160,000	£150,290	6% above HPI

THE HERMITAGE 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 THE HERMITAGE sales from May 1996 and September 2016 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 May 1996 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2016 sale, where it rises to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might THE HERMITAGE be worth now?

THE HERMITAGE might now be worth an estimated £1,203,562.

This is based on house price inflation of 23.4%, between September 2016 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 23.4% inflationary increase is applied to the most recent sale price for THE HERMITAGE of £975,000 on 15th September 2016. For the value to have increased from £975,000 to £1,203,562 over the nine years and seven months to February 2025, the following assumptions must hold true:

• The value of THE HERMITAGE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The September 2016 sale price of £975,000 represented a fair market value for the property.
• The size, condition, and specification of THE HERMITAGE has not materially changed since September 2016.

How Large is THE HERMITAGE?

THE HERMITAGE is 181m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 20% of detached houses houses in Tring, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tring, and where THE HERMITAGE lies on this distribution: 81% of detached houses houses are smaller than THE HERMITAGE, and 19% of houses are larger. Note that EPC data is not available for all properties in Tring.

THE HERMITAGE: Plot and Title Map

THE HERMITAGE sits on a plot of roughly 0.146 of an acre, or 590m². The below map shows the location of THE HERMITAGE, 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 THE HERMITAGE). 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 THE HERMITAGE?

THE HERMITAGE is located on AYLESBURY ROAD in TRING, in the HP23 postcode district. The below map shows the position of THE HERMITAGE on AYLESBURY ROAD.