8, PARK LANE, BOURNEMOUTH, BH10 7DG - £326,500

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.

8 PARK LANE is a very small detached house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £365,180. It was last sold for £326,500 in April 2021, which was around 35% below the average April 2021 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was July 2011, where the current energy rating was E, and the potential energy rating was D.

8 PARK LANE Sold Prices

Land registry data shows three sales for 8 PARK LANE since 1^st 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 8 PARK LANE 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 16 APR	£326,500	£498,811	35% below HPI
2011 19 DEC	£230,000	£336,261	32% below HPI
1997 9 APR	£70,000	£104,143	33% below HPI

8 PARK LANE 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 three 8 PARK LANE sales between April 1997 and April 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 December 2011 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2021 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 8 PARK LANE be worth now?

8 PARK LANE might now be worth an estimated £365,180.

This is based on house price inflation of 11.8%, between April 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 11.8% inflationary increase is applied to the most recent sale price for 8 PARK LANE of £326,500 on 16th April 2021. For the value to have increased from £326,500 to £365,180 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 8 PARK LANE has moved in line with the HPI for detached houses in the Bournemouth Christchurch and Poole local authority area.
• The April 2021 sale price of £326,500 represented a fair market value for the property.
• The size, condition, and specification of 8 PARK LANE has not materially changed since April 2021.

How Large is 8 PARK LANE?

8 PARK LANE is 77m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 20% 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 8 PARK LANE lies on this distribution: 15% of detached houses houses are smaller than 8 PARK LANE, and 85% of houses are larger. Note that EPC data is not available for all properties in Bournemouth.

8 PARK LANE: Plot and Title Map

8 PARK LANE sits on a plot of roughly 0.114 of an acre, or 460m². The below map shows the location of 8 PARK LANE, 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 8 PARK LANE). 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 8 PARK LANE?

8 PARK LANE is located in BOURNEMOUTH, in the BH10 postcode district. The below map shows the position of No. 8 on PARK LANE.