2, NICHOLSON CLOSE, POOLE, BH17 8PS - £321,000

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 NICHOLSON CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £384,523. It was last sold for £321,000 in November 2017, which was around 31% below the average November 2017 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was November 2010, where the current energy rating was D, and the potential energy rating was C.

2 NICHOLSON CLOSE Sold Prices

Land registry data shows three sales for 2 NICHOLSON CLOSE 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 2 NICHOLSON 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 9 NOV	£321,000	£462,432	31% below HPI
2011 29 JUL	£205,000	£335,220	39% below HPI
1997 11 AUG	£69,950	£111,983	38% below HPI

2 NICHOLSON 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 three 2 NICHOLSON CLOSE sales between August 1997 and November 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 July 2011 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2017 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 2 NICHOLSON CLOSE be worth now?

2 NICHOLSON CLOSE might now be worth an estimated £384,523.

This is based on house price inflation of 19.8%, between November 2017 and March 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 19.8% inflationary increase is applied to the most recent sale price for 2 NICHOLSON CLOSE of £321,000 on 9th November 2017. For the value to have increased from £321,000 to £384,523 over the eight years and eight months to March 2025, the following assumptions must hold true:

• The value of 2 NICHOLSON CLOSE has moved in line with the HPI for detached houses in the Bournemouth Christchurch and Poole local authority area.
• The November 2017 sale price of £321,000 represented a fair market value for the property.
• The size, condition, and specification of 2 NICHOLSON CLOSE has not materially changed since November 2017.

How Large is 2 NICHOLSON CLOSE?

2 NICHOLSON CLOSE is 70m² according to the EPC inspection conducted in November 2010. This puts it in the smallest 20% of detached houses houses in Poole, based on EPC data. The below chart shows the distribution of detached houses houses by size in Poole, and where 2 NICHOLSON CLOSE lies on this distribution: 11% of detached houses houses are smaller than 2 NICHOLSON CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Poole.

2 NICHOLSON CLOSE: Plot and Title Map

2 NICHOLSON CLOSE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 2 NICHOLSON 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 NICHOLSON 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 NICHOLSON CLOSE?

2 NICHOLSON CLOSE is located in POOLE, in the BH17 postcode district. The below map shows the position of No. 2 on NICHOLSON CLOSE.