3, WATER LANE, BOURNEMOUTH, BH6 5RF - £492,000

3 WATER LANE is a small extended detached house of 87m², built sometime before 1900. It was last sold for £492,000 in September 2022, which was around 14% below the average September 2022 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 E, and the potential energy rating was C.

3 WATER LANE Sold Prices

Land registry data shows three sales for 3 WATER 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 3 WATER 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
2022 26 SEP	£492,000	£570,090	14% below HPI
2004 30 JUN	£219,000	£291,298	25% below HPI
1995 18 AUG	£65,500	£91,271	28% below HPI

3 WATER 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 3 WATER LANE sales between August 1995 and September 2022 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 June 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the September 2022 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 3 WATER LANE?

3 WATER LANE is 87m², which includes one extension, according to the EPC inspection conducted in December 2014. This puts it in the smallest 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 3 WATER LANE lies on this distribution: 24% of detached houses are smaller than 3 WATER LANE, and 74% of houses are larger. Note that EPC data is not available for all properties in Bournemouth.

3 WATER LANE: Plot and Title Map

3 WATER LANE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 3 WATER 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 3 WATER 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 3 WATER LANE?

3 WATER LANE is located in BOURNEMOUTH, in the BH6 postcode district. The below map shows the position of No. 3 on WATER LANE.