12, FARRIERS CLOSE, BOVINGDON, HEMEL HEMPSTEAD, HP3 0UL - £350,000

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.

12 FARRIERS CLOSE is a very small terraced house of 57m², built sometime between 1991 and 1995, which could now be worth an estimated £423,125. It was last sold for £350,000 in June 2017, which was around 1% above the average June 2017 terraced price in the Dacorum local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

12 FARRIERS CLOSE Sold Prices

Land registry data shows three sales for 12 FARRIERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Dacorum local authority area for the corresponding sale date. All of the three 12 FARRIERS CLOSE 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
2017 9 JUN	£350,000	£345,885	1% above HPI
2000 11 APR	£130,000	£107,882	21% above HPI
1998 10 JUL	£99,950	£84,842	18% above HPI

12 FARRIERS 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 three 12 FARRIERS CLOSE sales between July 1998 and June 2017 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 April 2000 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the June 2017 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 12 FARRIERS CLOSE be worth now?

12 FARRIERS CLOSE might now be worth an estimated £423,125.

This is based on house price inflation of 20.9%, between June 2017 and April 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 20.9% inflationary increase is applied to the most recent sale price for 12 FARRIERS CLOSE of £350,000 on 9th June 2017. For the value to have increased from £350,000 to £423,125 over the nine years and two months to April 2026, the following assumptions must hold true:

• The value of 12 FARRIERS CLOSE has moved in line with the HPI for terraced houses in the Dacorum local authority area.
• The June 2017 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 12 FARRIERS CLOSE has not materially changed since June 2017.

How Large is 12 FARRIERS CLOSE?

12 FARRIERS CLOSE is 57m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% of terraced houses houses in Bovingdon, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Bovingdon, and where 12 FARRIERS CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 12 FARRIERS CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Bovingdon.

12 FARRIERS CLOSE: Plot and Title Map

12 FARRIERS CLOSE sits on a plot of roughly 0.022 of an acre, or 90m². The below map shows the location of 12 FARRIERS 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 FARRIERS 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 FARRIERS CLOSE?

12 FARRIERS CLOSE is located in BOVINGDON, in the HP3 postcode district. The below map shows the position of No. 12 on FARRIERS CLOSE.