2, MAGNA CLOSE, BOURNEMOUTH, BH11 9NT - £325,000

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.

2 MAGNA CLOSE is a very small detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £392,102. It was last sold for £325,000 in September 2017, which was around 30% below the average September 2017 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

2 MAGNA CLOSE Sold Prices

Land registry data shows two sales for 2 MAGNA CLOSE since 1^st 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. Both of the two 2 MAGNA CLOSE 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
2017 25 SEP	£325,000	£462,428	30% below HPI
2016 26 AUG	£237,500	£432,504	45% below HPI

2 MAGNA CLOSE 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 two 2 MAGNA CLOSE sales from August 2016 and September 2017 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 August 2016 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the September 2017 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 2 MAGNA CLOSE be worth now?

2 MAGNA CLOSE might now be worth an estimated £392,102.

This is based on house price inflation of 20.6%, between September 2017 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 20.6% inflationary increase is applied to the most recent sale price for 2 MAGNA CLOSE of £325,000 on 25th September 2017. For the value to have increased from £325,000 to £392,102 over the eight years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 MAGNA CLOSE has moved in line with the HPI for detached houses in the Bournemouth Christchurch and Poole local authority area.
• The September 2017 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MAGNA CLOSE has not materially changed since September 2017.

How Large is 2 MAGNA CLOSE?

2 MAGNA CLOSE is 83m² according to the EPC inspection conducted in March 2017. 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 2 MAGNA CLOSE lies on this distribution: 20% of detached houses houses are smaller than 2 MAGNA CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Bournemouth.

2 MAGNA CLOSE: Plot and Title Map

2 MAGNA CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 2 MAGNA CLOSE, 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 2 MAGNA CLOSE). 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 2 MAGNA CLOSE?

2 MAGNA CLOSE is located in BOURNEMOUTH, in the BH11 postcode district. The below map shows the position of No. 2 on MAGNA CLOSE.