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
6 SPRINGBANK ROAD is a large extended detached house of 121m², built sometime between 1983 and 1990. It was last sold for £450,000 in January 2023, which was around 22% below the average January 2023 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was July 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 6 SPRINGBANK ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bournemouth Christchurch and Poole local authority area for the corresponding sale date. One of the two 6 SPRINGBANK ROAD sales was for below the average price, whilst the other was for above 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 |
---|---|---|---|
2023 6 JAN | £450,000 | £576,497 | 22% below HPI |
2009 13 OCT | £319,000 | £301,729 | 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 two 6 SPRINGBANK ROAD sales from October 2009 and January 2023 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 2009 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
6 SPRINGBANK ROAD is 121m², which includes three extensions, according to the EPC inspection conducted in July 2022. This puts it in the largest 40% of detached houses in Bournemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Bournemouth, and where 6 SPRINGBANK ROAD lies on this distribution: 61% of detached houses are smaller than 6 SPRINGBANK ROAD, and 38% of houses are larger. Note that EPC data is not available for all properties in Bournemouth.
6 SPRINGBANK ROAD sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 6 SPRINGBANK 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 6 SPRINGBANK 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.
6 SPRINGBANK ROAD is located in BOURNEMOUTH, in the BH7 postcode district. The below map shows the position of No. 6 on SPRINGBANK ROAD.