1, WATERMEAD, 23, WILLOW WAY, CHRISTCHURCH, BH23 1JJ - £450,000

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 WATERMEAD is a very small extended detached house of 73m², built sometime between 1967 and 1975. It was last sold for £450,000 in April 2021, which was around 6% below the average April 2021 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

1 WATERMEAD Sold Prices

Land registry data shows four sales for 1 WATERMEAD 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 WATERMEAD 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
2021 8 APR	£450,000	£477,668	6% below HPI
2009 16 FEB	£200,000	£287,597	30% below HPI
2003 25 FEB	£200,000	£254,093	21% below HPI
2002 6 JUN	£178,000	£212,048	16% below HPI

1 WATERMEAD 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 WATERMEAD sales between June 2002 and April 2021 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 2009 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the April 2021 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 1 WATERMEAD?

1 WATERMEAD is 73m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Christchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Christchurch, and where 1 WATERMEAD lies on this distribution: 8% of detached houses are smaller than 1 WATERMEAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Christchurch.

1 WATERMEAD: Plot and Title Map

1 WATERMEAD sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 1 WATERMEAD, 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 WATERMEAD). 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 WATERMEAD?

1, WATERMEAD is located on WILLOW WAY in CHRISTCHURCH, in the BH23 postcode district. The below map shows the position of 1, WATERMEAD on WILLOW WAY.