1, MELVILLE ROAD, BOURNEMOUTH, BH9 2PL - £425,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 MELVILLE ROAD is a very large extended detached house of 173m², built sometime between 1900 and 1929. It was last sold for £425,000 in September 2022, which was around 25% below the average September 2022 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was April 2022, where the current energy rating was D, and the potential energy rating was C.

1 MELVILLE ROAD Sold Prices

Land registry data shows four sales for 1 MELVILLE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bournemouth Christchurch and Poole local authority area for the corresponding sale date. All of the four 1 MELVILLE ROAD 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 16 SEP	£425,000	£570,424	25% below HPI
2001 8 OCT	£175,000	£192,335	9% below HPI
1998 3 APR	£55,000	£116,325	53% below HPI
1998 23 JAN	£99,950	£117,396	15% below HPI

1 MELVILLE ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bournemouth Christchurch and Poole local authority area over time, sourced from the HPI. The four 1 MELVILLE ROAD sales between January 1998 and September 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 October 2001 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2022 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 1 MELVILLE ROAD?

1 MELVILLE ROAD is 173m², which includes three extensions, according to the EPC inspection conducted in April 2022. This puts it in the largest 20% of detached houses in Bournemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Bournemouth, and where 1 MELVILLE ROAD lies on this distribution: 88% of detached houses are smaller than 1 MELVILLE ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Bournemouth.

1 MELVILLE ROAD: Plot and Title Map

1 MELVILLE ROAD sits on a plot of roughly 0.074 of an acre, or 301m². The below map shows the location of 1 MELVILLE ROAD, 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 1 MELVILLE ROAD). 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 1 MELVILLE ROAD?

1 MELVILLE ROAD is located in BOURNEMOUTH, in the BH9 postcode district. The below map shows the position of No. 1 on MELVILLE ROAD.