9, MITCHELL CLOSE, BOVINGDON, HEMEL HEMPSTEAD, HP3 0RU - £475,000

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.

9 MITCHELL CLOSE is a very small semi-detached house of 92m², built sometime between 1991 and 1995, which could now be worth an estimated £497,585. It was last sold for £475,000 in August 2022, which was around 10% below the average August 2022 semi-detached price in the Dacorum local authority area. The most recent EPC inspection was May 2022, where the current energy rating was D, and the potential energy rating was B.

9 MITCHELL CLOSE Sold Prices

Land registry data shows two sales for 9 MITCHELL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Dacorum local authority area for the corresponding sale date. Both of the two 9 MITCHELL 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 2 AUG	£475,000	£529,391	10% below HPI
2004 12 FEB	£178,500	£226,826	21% below HPI

9 MITCHELL CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Dacorum local authority area over time, sourced from the HPI. The two 9 MITCHELL CLOSE sales from February 2004 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 February 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 9 MITCHELL CLOSE be worth now?

9 MITCHELL CLOSE might now be worth an estimated £497,585.

This is based on house price inflation of 4.8%, between August 2022 and July 2026, for semi-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 4.8% inflationary increase is applied to the most recent sale price for 9 MITCHELL CLOSE of £475,000 on 2nd August 2022. For the value to have increased from £475,000 to £497,585 over the four years and one month to July 2026, the following assumptions must hold true:

• The value of 9 MITCHELL CLOSE has moved in line with the HPI for semi-detached houses in the Dacorum local authority area.
• The August 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 9 MITCHELL CLOSE has not materially changed since August 2022.

How Large is 9 MITCHELL CLOSE?

9 MITCHELL CLOSE is 92m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of semi-detached houses houses in Bovingdon, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bovingdon, and where 9 MITCHELL CLOSE lies on this distribution: 9% of semi-detached houses houses are smaller than 9 MITCHELL CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Bovingdon.

9 MITCHELL CLOSE: Plot and Title Map

9 MITCHELL CLOSE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 9 MITCHELL 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 9 MITCHELL 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 9 MITCHELL CLOSE?

9 MITCHELL CLOSE is located in BOVINGDON, in the HP3 postcode district. The below map shows the position of No. 9 on MITCHELL CLOSE.