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
41 REDHILL DRIVE is a very small flat of 65m², built sometime between 1930 and 1949. It was last sold for £225,000 in January 2024, which was around 57% below the average January 2024 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was February 2013, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows four sales for 41 REDHILL DRIVE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Bournemouth Christchurch and Poole local authority area for the corresponding sale date. All of the four 41 REDHILL DRIVE 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 |
---|---|---|---|
2024 19 JAN | £225,000 | £523,711 | 57% below HPI |
2021 11 AUG | £235,000 | £494,072 | 52% below HPI |
1998 17 APR | £54,950 | £116,325 | 53% below HPI |
1997 5 DEC | £35,000 | £117,351 | 70% 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 four 41 REDHILL DRIVE sales between December 1997 and January 2024 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 August 2021 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the January 2024 sale, where it falls to 57% below the HPI. The line then continues to track at 57% below the HPI.
41 REDHILL DRIVE is 65m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 10% of detached houses in Bournemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Bournemouth, and where 41 REDHILL DRIVE lies on this distribution: 6% of detached houses are smaller than 41 REDHILL DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Bournemouth.
41 REDHILL DRIVE sits on a plot of roughly 0.138 of an acre, or 560m². The below map shows the location of 41 REDHILL DRIVE, 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 41 REDHILL DRIVE). 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.
41 REDHILL DRIVE is located in BOURNEMOUTH, in the BH10 postcode district. The below map shows the position of No. 41 on REDHILL DRIVE.