38, RYMILL CLOSE, BOVINGDON, HEMEL HEMPSTEAD, HP3 0JA - £520,000

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.

38 RYMILL CLOSE is a small extended detached house of 120m², built sometime between 1976 and 1982, which could now be worth an estimated £626,896. It was last sold for £520,000 in May 2019, which was around 32% below the average May 2019 detached price in the Dacorum local authority area. The most recent EPC inspection was August 2018, where the current energy rating was D, and the potential energy rating was B.

38 RYMILL CLOSE Sold Prices

Land registry data shows two sales for 38 RYMILL CLOSE 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 38 RYMILL CLOSE 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
2019 17 MAY	£520,000	£760,753	32% below HPI
1999 24 NOV	£176,000	£250,364	30% below HPI

38 RYMILL CLOSE 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 38 RYMILL CLOSE sales from November 1999 and May 2019 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 1999 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2019 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 38 RYMILL CLOSE be worth now?

38 RYMILL CLOSE might now be worth an estimated £626,896.

This is based on house price inflation of 20.6%, between May 2019 and April 2026, 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 20.6% inflationary increase is applied to the most recent sale price for 38 RYMILL CLOSE of £520,000 on 17th May 2019. For the value to have increased from £520,000 to £626,896 over the seven years and one month to April 2026, the following assumptions must hold true:

• The value of 38 RYMILL CLOSE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The May 2019 sale price of £520,000 represented a fair market value for the property.
• The size, condition, and specification of 38 RYMILL CLOSE has not materially changed since May 2019.

How Large is 38 RYMILL CLOSE?

38 RYMILL CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in August 2018. This puts it in the smallest 40% of detached houses houses in Bovingdon, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bovingdon, and where 38 RYMILL CLOSE lies on this distribution: 30% of detached houses houses are smaller than 38 RYMILL CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in Bovingdon.

38 RYMILL CLOSE: Plot and Title Map

38 RYMILL CLOSE sits on a plot of roughly 0.073 of an acre, or 297m². The below map shows the location of 38 RYMILL 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 38 RYMILL 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 38 RYMILL CLOSE?

38 RYMILL CLOSE is located in BOVINGDON, in the HP3 postcode district. The below map shows the position of No. 38 on RYMILL CLOSE.