5, CAERNARVON CLOSE, HEMEL HEMPSTEAD, HP2 4AN - £565,000

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.

5 CAERNARVON CLOSE is a small extended detached house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £566,385. It was last sold for £565,000 in August 2022, which was around 38% below the average August 2022 detached price in the Dacorum local authority area. The most recent EPC inspection was March 2022, where the current energy rating was C, and the potential energy rating was B.

5 CAERNARVON CLOSE Sold Prices

Land registry data shows four sales for 5 CAERNARVON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Dacorum local authority area for the corresponding sale date. All of the four 5 CAERNARVON 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
2022 22 AUG	£565,000	£908,667	38% below HPI
2014 30 APR	£261,000	£554,807	53% below HPI
2012 31 AUG	£246,000	£519,374	53% below HPI
2003 21 MAR	£198,000	£400,731	51% below HPI

5 CAERNARVON 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 four 5 CAERNARVON CLOSE sales between March 2003 and August 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 April 2014 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the August 2022 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

What might 5 CAERNARVON CLOSE be worth now?

5 CAERNARVON CLOSE might now be worth an estimated £566,385.

This is based on house price inflation of 0.2%, between August 2022 and June 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 0.2% inflationary increase is applied to the most recent sale price for 5 CAERNARVON CLOSE of £565,000 on 22nd August 2022. For the value to have increased from £565,000 to £566,385 over the three years and two months to June 2025, the following assumptions must hold true:

• The value of 5 CAERNARVON CLOSE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The August 2022 sale price of £565,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CAERNARVON CLOSE has not materially changed since August 2022.

How Large is 5 CAERNARVON CLOSE?

5 CAERNARVON CLOSE is 114m², which includes two extensions, according to the EPC inspection conducted in March 2022. This puts it in the smallest 40% 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 5 CAERNARVON CLOSE lies on this distribution: 35% of detached houses houses are smaller than 5 CAERNARVON CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

5 CAERNARVON CLOSE: Plot and Title Map

5 CAERNARVON CLOSE sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 5 CAERNARVON 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 5 CAERNARVON 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 5 CAERNARVON CLOSE?

5 CAERNARVON CLOSE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 5 on CAERNARVON CLOSE.