2, CHILHAM CLOSE, HEMEL HEMPSTEAD, HP2 4UG - £330,000

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.

2 CHILHAM CLOSE is a very small terraced house of 52m², built sometime between 1991 and 1995, which could now be worth an estimated £376,212. It was last sold for £330,000 in November 2020, which was around 9% below the average November 2020 terraced price in the Dacorum local authority area. The most recent EPC inspection was October 2015, where the current energy rating was C, and the potential energy rating was B.

2 CHILHAM CLOSE Sold Prices

Land registry data shows three sales for 2 CHILHAM 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. Two of the three 2 CHILHAM CLOSE sales were for below the average price, whilst one was 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
2020 16 NOV	£330,000	£361,612	9% below HPI
2016 18 NOV	£292,000	£340,508	14% below HPI
1995 21 JUL	£72,500	£61,708	17% above HPI

2 CHILHAM 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 2 CHILHAM CLOSE sales between July 1995 and November 2020 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 November 2016 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the November 2020 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 CHILHAM CLOSE be worth now?

2 CHILHAM CLOSE might now be worth an estimated £376,212.

This is based on house price inflation of 14%, between November 2020 and June 2025, 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 14% inflationary increase is applied to the most recent sale price for 2 CHILHAM CLOSE of £330,000 on 16th November 2020. For the value to have increased from £330,000 to £376,212 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 2 CHILHAM CLOSE has moved in line with the HPI for terraced houses in the Dacorum local authority area.
• The November 2020 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHILHAM CLOSE has not materially changed since November 2020.

How Large is 2 CHILHAM CLOSE?

2 CHILHAM CLOSE is 52m² according to the EPC inspection conducted in October 2015. This puts it in the smallest 10% 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 2 CHILHAM CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 2 CHILHAM CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

2 CHILHAM CLOSE: Plot and Title Map

2 CHILHAM CLOSE sits on a plot of roughly 0.027 of an acre, or 109m². The below map shows the location of 2 CHILHAM 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 2 CHILHAM 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 2 CHILHAM CLOSE?

2 CHILHAM CLOSE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 2 on CHILHAM CLOSE.