40, GRAVEL HILL, WIMBORNE, BH21 1RR - £575,000

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

40 GRAVEL HILL is a very large detached house of 160m², built sometime between 1950 and 1966. It was last sold for £575,000 in June 2022, which was around 4% above the average June 2022 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

40 GRAVEL HILL Sold Prices

Land registry data shows three sales for 40 GRAVEL HILL 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. Two of the three 40 GRAVEL HILL sales were for above the average price, whilst one was 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
2022 30 JUN	£575,000	£550,268	4% above HPI
2017 31 OCT	£475,000	£442,858	7% above HPI
2007 12 OCT	£325,000	£342,078	5% below HPI

40 GRAVEL HILL 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 40 GRAVEL HILL sales between October 2007 and June 2022 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 October 2017 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the June 2022 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 40 GRAVEL HILL?

40 GRAVEL HILL is 160m² according to the EPC inspection conducted in July 2017. This puts it in the largest 20% of detached houses in Merley, based on EPC data. The below chart shows the distribution of detached houses by size in Merley, and where 40 GRAVEL HILL lies on this distribution: 86% of detached houses are smaller than 40 GRAVEL HILL, and 13% of houses are larger. Note that EPC data is not available for all properties in Merley.

40 GRAVEL HILL: Plot and Title Map

40 GRAVEL HILL sits on a plot of roughly 0.114 of an acre, or 459m². The below map shows the location of 40 GRAVEL HILL, 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 40 GRAVEL HILL). 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 40 GRAVEL HILL?

40 GRAVEL HILL is located in WIMBORNE, in the BH21 postcode district. The below map shows the position of No. 40 on GRAVEL HILL.