Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
8 SPRINGBANK ROAD is a large extended detached house of 142m², built sometime between 1983 and 1990. It was last sold for £590,000 in March 2024, which was around 11% above the average March 2024 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was February 2023, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 8 SPRINGBANK ROAD since 1st 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. Two of the three 8 SPRINGBANK ROAD sales were for above the average price, whilst one was 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 |
---|---|---|---|
2024 4 MAR | £590,000 | £531,270 | 11% above HPI |
2008 3 MAR | £367,500 | £337,286 | 9% above HPI |
2005 27 MAY | £286,000 | £293,213 | 2% 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 three 8 SPRINGBANK ROAD sales between May 2005 and March 2024 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 March 2008 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the March 2024 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.
8 SPRINGBANK ROAD is 142m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the largest 30% of detached houses in Bournemouth, based on EPC data. The below chart shows the distribution of detached houses by size in Bournemouth, and where 8 SPRINGBANK ROAD lies on this distribution: 76% of detached houses are smaller than 8 SPRINGBANK ROAD, and 23% of houses are larger. Note that EPC data is not available for all properties in Bournemouth.
8 SPRINGBANK ROAD sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 8 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 8 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.
8 SPRINGBANK ROAD is located in BOURNEMOUTH, in the BH7 postcode district. The below map shows the position of No. 8 on SPRINGBANK ROAD.