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
48 KING RICHARD DRIVE is a midsized extended detached house of 112m², built sometime between 1983 and 1990. It was last sold for £284,500 in October 2013, which was around 16% below the average October 2013 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 48 KING RICHARD DRIVE 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. Most of the five 48 KING RICHARD 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 |
---|---|---|---|
2013 11 OCT | £284,500 | £338,827 | 16% below HPI |
2006 24 FEB | £250,000 | £294,163 | 15% below HPI |
2003 3 APR | £232,000 | £258,344 | 10% below HPI |
1996 25 OCT | £84,250 | £95,655 | 12% below HPI |
1996 10 MAY | £95,000 | £89,598 | 6% above 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 48 KING RICHARD DRIVE sales between May 1996 and October 2013 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 February 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the October 2013 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.
48 KING RICHARD DRIVE is 112m², which includes one extension, according to the EPC inspection conducted in May 2013. This puts it in the largest 50% of detached houses in Bearwood, based on EPC data. The below chart shows the distribution of detached houses by size in Bearwood, and where 48 KING RICHARD DRIVE lies on this distribution: 51% of detached houses are smaller than 48 KING RICHARD DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Bearwood.
48 KING RICHARD DRIVE sits on a plot of roughly 0.098 of an acre, or 396m². The below map shows the location of 48 KING RICHARD 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 48 KING RICHARD 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.
48 KING RICHARD DRIVE is located in BOURNEMOUTH, in the BH11 postcode district. The below map shows the position of No. 48 on KING RICHARD DRIVE.