2, FERRIS PLACE, BOURNEMOUTH, BH8 0AU - £425,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 FERRIS PLACE is a very small detached house of 79m², built sometime between 1976 and 1982. It was last sold for £425,000 in August 2023, which was around 22% below the average August 2023 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

2 FERRIS PLACE Sold Prices

Land registry data shows three sales for 2 FERRIS PLACE 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 2 FERRIS PLACE 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
2023 4 AUG	£425,000	£545,572	22% below HPI
2019 11 APR	£353,000	£460,063	23% below HPI
2013 5 APR	£250,000	£325,460	23% below HPI

2 FERRIS PLACE 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 2 FERRIS PLACE sales between April 2013 and August 2023 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 April 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2023 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 2 FERRIS PLACE?

2 FERRIS PLACE is 79m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 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 2 FERRIS PLACE lies on this distribution: 16% of detached houses are smaller than 2 FERRIS PLACE, and 83% of houses are larger. Note that EPC data is not available for all properties in Bournemouth.

2 FERRIS PLACE: Plot and Title Map

2 FERRIS PLACE sits on a plot of roughly 0.092 of an acre, or 372m². The below map shows the location of 2 FERRIS PLACE, 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 2 FERRIS PLACE). 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 2 FERRIS PLACE?

2 FERRIS PLACE is located in BOURNEMOUTH, in the BH8 postcode district. The below map shows the position of No. 2 on FERRIS PLACE.