18, PARKWAY DRIVE, BOURNEMOUTH, BH8 9JW - £360,000

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.

18 PARKWAY DRIVE is a very small extended detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £404,386. It was last sold for £360,000 in March 2021, which was around 28% below the average March 2021 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was C.

18 PARKWAY DRIVE Sold Prices

Land registry data shows three sales for 18 PARKWAY DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bournemouth Christchurch and Poole local authority area for the corresponding sale date. All of the three 18 PARKWAY DRIVE 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 5 MAR	£360,000	£496,668	28% below HPI
2003 26 SEP	£236,500	£280,810	16% below HPI
2003 23 MAY	£206,000	£272,031	24% below HPI

18 PARKWAY DRIVE 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 three 18 PARKWAY DRIVE sales between May 2003 and March 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 September 2003 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the March 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 18 PARKWAY DRIVE be worth now?

18 PARKWAY DRIVE might now be worth an estimated £404,386.

This is based on house price inflation of 12.3%, between March 2021 and February 2025, for detached houses, in the Bournemouth Christchurch and Poole local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.3% inflationary increase is applied to the most recent sale price for 18 PARKWAY DRIVE of £360,000 on 5th March 2021. For the value to have increased from £360,000 to £404,386 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 18 PARKWAY DRIVE has moved in line with the HPI for detached houses in the Bournemouth Christchurch and Poole local authority area.
• The March 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 18 PARKWAY DRIVE has not materially changed since March 2021.

How Large is 18 PARKWAY DRIVE?

18 PARKWAY DRIVE is 81m², which includes two extensions, according to the EPC inspection conducted in September 2018. This puts it in the smallest 20% of detached houses houses in Bournemouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bournemouth, and where 18 PARKWAY DRIVE lies on this distribution: 18% of detached houses houses are smaller than 18 PARKWAY DRIVE, and 81% of houses are larger. Note that EPC data is not available for all properties in Bournemouth.

18 PARKWAY DRIVE: Plot and Title Map

18 PARKWAY DRIVE sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 18 PARKWAY DRIVE, 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 18 PARKWAY DRIVE). 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 18 PARKWAY DRIVE?

18 PARKWAY DRIVE is located in BOURNEMOUTH, in the BH8 postcode district. The below map shows the position of No. 18 on PARKWAY DRIVE.