8, CAERNARVON CLOSE, HEMEL HEMPSTEAD, HP2 4AN - £345,000

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.

8 CAERNARVON CLOSE is a large extended terraced house of 150m², built sometime between 1967 and 1975, which could now be worth an estimated £416,048. It was last sold for £345,000 in February 2018, which was around 1% above the average February 2018 terraced price in the Dacorum local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was C.

8 CAERNARVON CLOSE Sold Prices

Land registry data shows four sales for 8 CAERNARVON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Dacorum local authority area for the corresponding sale date. All of the four 8 CAERNARVON 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
2018 9 FEB	£345,000	£341,851	1% above HPI
2001 30 JAN	£180,000	£116,218	55% above HPI
1997 5 FEB	£99,000	£68,848	44% above HPI
1995 7 DEC	£92,000	£62,869	46% above HPI

8 CAERNARVON 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 four 8 CAERNARVON CLOSE sales between December 1995 and February 2018 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 January 2001 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the February 2018 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 8 CAERNARVON CLOSE be worth now?

8 CAERNARVON CLOSE might now be worth an estimated £416,048.

This is based on house price inflation of 20.6%, between February 2018 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 20.6% inflationary increase is applied to the most recent sale price for 8 CAERNARVON CLOSE of £345,000 on 9th February 2018. For the value to have increased from £345,000 to £416,048 over the six years and eight months to June 2025, the following assumptions must hold true:

• The value of 8 CAERNARVON CLOSE has moved in line with the HPI for terraced houses in the Dacorum local authority area.
• The February 2018 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CAERNARVON CLOSE has not materially changed since February 2018.

How Large is 8 CAERNARVON CLOSE?

8 CAERNARVON CLOSE is 150m², which includes one extension, according to the EPC inspection conducted in September 2017. This puts it in the largest 40% 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 8 CAERNARVON CLOSE lies on this distribution: 68% of terraced houses houses are smaller than 8 CAERNARVON CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Hemel Hempstead.

8 CAERNARVON CLOSE: Plot and Title Map

8 CAERNARVON CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 8 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 8 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 8 CAERNARVON CLOSE?

8 CAERNARVON CLOSE is located in HEMEL HEMPSTEAD, in the HP2 postcode district. The below map shows the position of No. 8 on CAERNARVON CLOSE.