15, GROSVENOR TERRACE, HEMEL HEMPSTEAD, HP1 1QJ - £485,000

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.

15 GROSVENOR TERRACE is a very small detached house of 58m², built sometime between 1967 and 1975, which could now be worth an estimated £526,600. It was last sold for £485,000 in January 2021, which was around 41% below the average January 2021 detached price in the Dacorum local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

15 GROSVENOR TERRACE Sold Prices

Land registry data shows two sales for 15 GROSVENOR TERRACE 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 15 GROSVENOR TERRACE sales were 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
2021 29 JAN	£485,000	£828,248	41% below HPI
1998 25 SEP	£130,000	£214,563	39% below HPI

15 GROSVENOR TERRACE 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 15 GROSVENOR TERRACE sales from September 1998 and January 2021 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 1998 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the January 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 15 GROSVENOR TERRACE be worth now?

15 GROSVENOR TERRACE might now be worth an estimated £526,600.

This is based on house price inflation of 8.6%, between January 2021 and March 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 8.6% inflationary increase is applied to the most recent sale price for 15 GROSVENOR TERRACE of £485,000 on 29th January 2021. For the value to have increased from £485,000 to £526,600 over the three years and ten months to March 2025, the following assumptions must hold true:

• The value of 15 GROSVENOR TERRACE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The January 2021 sale price of £485,000 represented a fair market value for the property.
• The size, condition, and specification of 15 GROSVENOR TERRACE has not materially changed since January 2021.

How Large is 15 GROSVENOR TERRACE?

15 GROSVENOR TERRACE is 58m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 10% 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 15 GROSVENOR TERRACE lies on this distribution: 1% of detached houses houses are smaller than 15 GROSVENOR TERRACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

15 GROSVENOR TERRACE: Plot and Title Map

15 GROSVENOR TERRACE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 15 GROSVENOR TERRACE, 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 15 GROSVENOR TERRACE). 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 15 GROSVENOR TERRACE?

15 GROSVENOR TERRACE is located in HEMEL HEMPSTEAD, in the HP1 postcode district. The below map shows the position of No. 15 on GROSVENOR TERRACE.