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
73 MAGNA ROAD is a very large extended detached house of 174m², built sometime between 1967 and 1975. It was last sold for £530,000 in March 2019, which was around 14% above the average March 2019 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 73 MAGNA ROAD 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. two of the four 73 MAGNA ROAD sales were for above the average price, and four 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 |
---|---|---|---|
2019 28 MAR | £530,000 | £463,058 | 14% above HPI |
2014 15 DEC | £435,000 | £373,073 | 17% above HPI |
2013 29 NOV | £265,000 | £343,705 | 23% below HPI |
2002 24 JUL | £215,000 | £220,585 | 3% 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 73 MAGNA ROAD sales between July 2002 and March 2019 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 December 2014 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the March 2019 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.
73 MAGNA ROAD is 174m², which includes one extension, according to the EPC inspection conducted in July 2014. This puts it in the largest 10% of detached houses in Bearwood, based on EPC data. The below chart shows the distribution of detached houses by size in Bearwood, and where 73 MAGNA ROAD lies on this distribution: 94% of detached houses are smaller than 73 MAGNA ROAD, and 6% of houses are larger. Note that EPC data is not available for all properties in Bearwood.
73 MAGNA ROAD sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 73 MAGNA 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 73 MAGNA 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.
73 MAGNA ROAD is located in BOURNEMOUTH, in the BH11 postcode district. The below map shows the position of No. 73 on MAGNA ROAD.