3, DIAMOND PLACE, BOURNEMOUTH, BH8 0FA - £300,000

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.

3 DIAMOND PLACE is a very small semi-detached house of 74m², built in 2013, which could now be worth an estimated £358,272. It was last sold for £300,000 in June 2018, which was around 1% below the average June 2018 semi-detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was December 2014, where the current energy rating was B, and the potential energy rating was A.

3 DIAMOND PLACE Sold Prices

Land registry data shows two sales for 3 DIAMOND PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Bournemouth Christchurch and Poole local authority area for the corresponding sale date. Both of the two 3 DIAMOND PLACE 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
2018 1 JUN	£300,000	£303,647	1% below HPI
2015 29 JAN	£247,995	£252,416	2% below HPI

3 DIAMOND PLACE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Bournemouth Christchurch and Poole local authority area over time, sourced from the HPI. The two 3 DIAMOND PLACE sales from January 2015 and June 2018 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 January 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2018 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 3 DIAMOND PLACE be worth now?

3 DIAMOND PLACE might now be worth an estimated £358,272.

This is based on house price inflation of 19.4%, between June 2018 and May 2026, for semi-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 19.4% inflationary increase is applied to the most recent sale price for 3 DIAMOND PLACE of £300,000 on 1st June 2018. For the value to have increased from £300,000 to £358,272 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of 3 DIAMOND PLACE has moved in line with the HPI for semi-detached houses in the Bournemouth Christchurch and Poole local authority area.
• The June 2018 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 3 DIAMOND PLACE has not materially changed since June 2018.

How Large is 3 DIAMOND PLACE?

3 DIAMOND PLACE is 74m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 20% of semi-detached houses houses in Bournemouth, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Bournemouth, and where 3 DIAMOND PLACE lies on this distribution: 12% of semi-detached houses houses are smaller than 3 DIAMOND PLACE, and 87% of houses are larger. Note that EPC data is not available for all properties in Bournemouth.

3 DIAMOND PLACE: Plot and Title Map

3 DIAMOND PLACE sits on a plot of roughly 0.033 of an acre, or 132m². The below map shows the location of 3 DIAMOND PLACE, 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 3 DIAMOND PLACE). 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 3 DIAMOND PLACE?

3 DIAMOND PLACE is located in BOURNEMOUTH, in the BH8 postcode district. The below map shows the position of No. 3 on DIAMOND PLACE.