3, MILL CLOSE, PICCOTTS END, HEMEL HEMPSTEAD, HP1 3AX - £425,000

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.

3 MILL CLOSE is a detached house, which could now be worth an estimated £812,081. It was last sold for £425,000 in July 2007, which was around 12% below the average July 2007 detached price in the Dacorum local authority area.

3 MILL CLOSE Sold Prices

Land registry data shows two sales for 3 MILL 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 3 MILL 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
2007 12 JUL	£425,000	£481,787	12% below HPI
2005 25 JUL	£325,000	£411,323	21% below HPI

What might 3 MILL CLOSE be worth now?

3 MILL CLOSE might now be worth an estimated £812,081.

This is based on house price inflation of 91.1%, between July 2007 and May 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 91.1% inflationary increase is applied to the most recent sale price for 3 MILL CLOSE of £425,000 on 12th July 2007. For the value to have increased from £425,000 to £812,081 over the nineteen years and two months to May 2026, the following assumptions must hold true:

• The value of 3 MILL CLOSE has moved in line with the HPI for detached houses in the Dacorum local authority area.
• The July 2007 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MILL CLOSE has not materially changed since July 2007.

Where is 3 MILL CLOSE?

3 MILL CLOSE is located in PICCOTTS END, in the HP1 postcode district.