2, OAK ROAD, BOURNEMOUTH, BH8 8TB - £275,000

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 OAK ROAD is a large extended detached house of 147m², built sometime between 1900 and 1929. It was last sold for £275,000 in August 2014, which was around 25% below the average August 2014 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was C.

2 OAK ROAD Sold Prices

Land registry data shows two sales for 2 OAK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bournemouth Christchurch and Poole local authority area for the corresponding sale date. Both of the two 2 OAK 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
2014 27 AUG	£275,000	£368,986	25% below HPI
2002 8 MAR	£172,000	£204,471	16% below HPI

2 OAK 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 two 2 OAK ROAD sales from March 2002 and August 2014 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 March 2002 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2014 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 2 OAK ROAD?

2 OAK ROAD is 147m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the largest 30% 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 OAK ROAD lies on this distribution: 79% of detached houses are smaller than 2 OAK ROAD, and 21% of houses are larger. Note that EPC data is not available for all properties in Bournemouth.

2 OAK ROAD: Plot and Title Map

2 OAK ROAD sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 2 OAK 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 2 OAK 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 2 OAK ROAD?

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