74A, PARKWOOD ROAD, BOURNEMOUTH, BH5 2BL - £252,715

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

74A PARKWOOD ROAD is a very small detached house of 60m², built sometime between 1930 and 1949, which could now be worth an estimated £280,162. It was last sold for £252,715 in February 2021, which was around 50% below the average February 2021 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was September 2021, where the current energy rating was D, and the potential energy rating was C.

74A PARKWOOD ROAD Sold Prices

Land registry data shows six sales for 74A PARKWOOD ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Bournemouth Christchurch and Poole local authority area for the corresponding sale date. All of the six 74A PARKWOOD 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
2021 10 FEB	£252,715	£503,248	50% below HPI
2014 24 JUL	£188,000	£378,567	50% below HPI
2010 12 MAR	£182,000	£326,146	44% below HPI
2003 11 JUN	£138,000	£275,692	50% below HPI
2001 4 MAY	£77,500	£185,310	58% below HPI
1999 27 JUL	£65,000	£140,494	54% below HPI

74A PARKWOOD ROAD Price Paid vs. HPI Average

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 six 74A PARKWOOD ROAD sales between July 1999 and February 2021 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 July 2014 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2021 sale, which was also at 50% below the HPI.

What might 74A PARKWOOD ROAD be worth now?

74A PARKWOOD ROAD might now be worth an estimated £280,162.

This is based on house price inflation of 10.9%, between February 2021 and February 2025, for detached houses, in the Bournemouth Christchurch and Poole local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 10.9% inflationary increase is applied to the most recent sale price for 74A PARKWOOD ROAD of £252,715 on 10th February 2021. For the value to have increased from £252,715 to £280,162 over the four years to February 2025, the following assumptions must hold true:

• The value of 74A PARKWOOD ROAD has moved in line with the HPI for detached houses in the Bournemouth Christchurch and Poole local authority area.
• The February 2021 sale price of £252,715 represented a fair market value for the property.
• The size, condition, and specification of 74A PARKWOOD ROAD has not materially changed since February 2021.

How Large is 74A PARKWOOD ROAD?

74A PARKWOOD ROAD is 60m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 10% of detached houses houses in Bournemouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Bournemouth, and where 74A PARKWOOD ROAD lies on this distribution: 4% of detached houses houses are smaller than 74A PARKWOOD ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Bournemouth.

74A PARKWOOD ROAD: Plot and Title Map

74A PARKWOOD ROAD sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 74A PARKWOOD 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 74A PARKWOOD 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.

Where is 74A PARKWOOD ROAD?

74A PARKWOOD ROAD is located in BOURNEMOUTH, in the BH5 postcode district. The below map shows the position of No. 74A on PARKWOOD ROAD.