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
2 RIVER WAY is a large extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £545,000 in January 2018, which was around 24% above the average January 2018 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows six sales for 2 RIVER WAY since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Bournemouth Christchurch and Poole local authority area for the corresponding sale date. Most of the six 2 RIVER WAY sales were for above 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 |
---|---|---|---|
2018 19 JAN | £545,000 | £438,873 | 24% above HPI |
2015 12 JAN | £435,000 | £378,749 | 15% above HPI |
2002 8 JUL | £287,950 | £220,585 | 31% above HPI |
2000 28 APR | £250,000 | £158,110 | 58% above HPI |
1999 21 JAN | £215,000 | £123,193 | 75% above HPI |
1996 8 OCT | £73,000 | £95,655 | 24% below HPI |
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 six 2 RIVER WAY sales between October 1996 and January 2018 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 January 2015 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2018 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.
2 RIVER WAY is 125m², which includes one extension, according to the EPC inspection conducted in January 2010. This puts it in the largest 40% of detached houses in Christchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Christchurch, and where 2 RIVER WAY lies on this distribution: 66% of detached houses are smaller than 2 RIVER WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Christchurch.
2 RIVER WAY sits on a plot of roughly 0.117 of an acre, or 474m². The below map shows the location of 2 RIVER WAY, 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 RIVER WAY). 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.
2 RIVER WAY is located in CHRISTCHURCH, in the BH23 postcode district. The below map shows the position of No. 2 on RIVER WAY.