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
44 MELBOURNE ROAD is a very small extended detached house of 76m², built sometime between 1930 and 1949. It was last sold for £327,500 in January 2020, which was around 28% below the average January 2020 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was April 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 44 MELBOURNE ROAD since 1st 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. All of the three 44 MELBOURNE 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 |
---|---|---|---|
2020 3 JAN | £327,500 | £454,833 | 28% below HPI |
1998 31 MAR | £90,000 | £116,434 | 23% below HPI |
1996 12 JUL | £76,500 | £91,448 | 16% 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 three 44 MELBOURNE ROAD sales between July 1996 and January 2020 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 1998 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the January 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.
44 MELBOURNE ROAD is 76m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the smallest 20% of detached houses in Christchurch, based on EPC data. The below chart shows the distribution of detached houses by size in Christchurch, and where 44 MELBOURNE ROAD lies on this distribution: 11% of detached houses are smaller than 44 MELBOURNE ROAD, and 88% of houses are larger. Note that EPC data is not available for all properties in Christchurch.
44 MELBOURNE ROAD sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 44 MELBOURNE 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 44 MELBOURNE 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.
44 MELBOURNE ROAD is located in CHRISTCHURCH, in the BH23 postcode district. The below map shows the position of No. 44 on MELBOURNE ROAD.