12, DENHAM CLOSE, HEMEL HEMPSTEAD, HP2 7JW - £428,500

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.

12 DENHAM CLOSE is a small extended terraced house of 105m², built sometime between 1967 and 1975, which could now be worth an estimated £437,501. It was last sold for £428,500 in September 2022, which was around 4% above the average September 2022 terraced price in the Dacorum local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

12 DENHAM CLOSE Sold Prices

Land registry data shows six sales for 12 DENHAM CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average terraced price in the Dacorum local authority area for the corresponding sale date. The six 12 DENHAM CLOSE sales were a mix of above the average price, roughly equal to the average price, and 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 13 SEP	£428,500	£412,035	4% above HPI
2017 11 SEP	£358,500	£347,100	3% above HPI
2011 3 JUN	£210,000	£212,589	1% below HPI
2007 5 APR	£219,000	£212,891	3% above HPI
2003 17 SEP	£171,000	£171,066	Close to HPI
1995 14 APR	£67,500	£61,373	10% above HPI

12 DENHAM CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Dacorum local authority area over time, sourced from the HPI. The six 12 DENHAM CLOSE sales between April 1995 and September 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 2017 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the September 2022 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 12 DENHAM CLOSE be worth now?

12 DENHAM CLOSE might now be worth an estimated £437,501.

This is based on house price inflation of 2.1%, between September 2022 and May 2026, for terraced 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 2.1% inflationary increase is applied to the most recent sale price for 12 DENHAM CLOSE of £428,500 on 13th September 2022. For the value to have increased from £428,500 to £437,501 over the four years and four months to May 2026, the following assumptions must hold true:

• The value of 12 DENHAM CLOSE has moved in line with the HPI for terraced houses in the Dacorum local authority area.
• The September 2022 sale price of £428,500 represented a fair market value for the property.
• The size, condition, and specification of 12 DENHAM CLOSE has not materially changed since September 2022.

How Large is 12 DENHAM CLOSE?

12 DENHAM CLOSE is 105m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 30% of terraced houses houses in Hemel Hempstead, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Hemel Hempstead, and where 12 DENHAM CLOSE lies on this distribution: 25% of terraced houses houses are smaller than 12 DENHAM CLOSE, and 74% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

12 DENHAM CLOSE: Plot and Title Map

12 DENHAM CLOSE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 12 DENHAM 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 12 DENHAM 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 12 DENHAM CLOSE?

12 DENHAM CLOSE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 12 on DENHAM CLOSE.