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 SPETISBURY CLOSE is a small extended detached house of 86m², built sometime between 1983 and 1990. It was last sold for £405,000 in December 2021, which was around 22% below the average December 2021 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows five sales for 2 SPETISBURY CLOSE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Bournemouth Christchurch and Poole local authority area for the corresponding sale date. All of the five 2 SPETISBURY CLOSE 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 16 DEC | £405,000 | £518,450 | 22% below HPI |
2019 31 MAY | £313,000 | £455,066 | 31% below HPI |
2011 18 AUG | £225,000 | £324,080 | 31% below HPI |
2006 27 APR | £224,000 | £293,388 | 24% below HPI |
1998 14 AUG | £101,000 | £124,062 | 19% 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 five 2 SPETISBURY CLOSE sales between August 1998 and December 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 May 2019 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.
2 SPETISBURY CLOSE is 86m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the smallest 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 SPETISBURY CLOSE lies on this distribution: 23% of detached houses are smaller than 2 SPETISBURY CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Bournemouth.
2 SPETISBURY CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 2 SPETISBURY CLOSE, 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 SPETISBURY CLOSE). 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 SPETISBURY CLOSE is located in BOURNEMOUTH, in the BH9 postcode district. The below map shows the position of No. 2 on SPETISBURY CLOSE.