48, RICHMOND WOOD ROAD, BOURNEMOUTH, BH8 9DJ - £570,000

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.

48 RICHMOND WOOD ROAD is a very large extended detached house of 194m², built sometime between 1900 and 1929, which could now be worth an estimated £668,526. It was last sold for £570,000 in November 2018, which was around 18% above the average November 2018 detached price in the Bournemouth Christchurch and Poole local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

48 RICHMOND WOOD ROAD Sold Prices

Land registry data shows three sales for 48 RICHMOND WOOD ROAD 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. Two of the three 48 RICHMOND WOOD 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
2018 1 NOV	£570,000	£484,090	18% above HPI
2002 23 AUG	£329,950	£236,179	40% above HPI
2000 24 MAR	£157,500	£161,820	3% below HPI

48 RICHMOND WOOD ROAD 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 48 RICHMOND WOOD ROAD sales between March 2000 and November 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 August 2002 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2018 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 48 RICHMOND WOOD ROAD be worth now?

48 RICHMOND WOOD ROAD might now be worth an estimated £668,526.

This is based on house price inflation of 17.3%, between November 2018 and July 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 17.3% inflationary increase is applied to the most recent sale price for 48 RICHMOND WOOD ROAD of £570,000 on 1st November 2018. For the value to have increased from £570,000 to £668,526 over the seven years and four months to July 2025, the following assumptions must hold true:

• The value of 48 RICHMOND WOOD ROAD has moved in line with the HPI for detached houses in the Bournemouth Christchurch and Poole local authority area.
• The November 2018 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of 48 RICHMOND WOOD ROAD has not materially changed since November 2018.

How Large is 48 RICHMOND WOOD ROAD?

48 RICHMOND WOOD ROAD is 194m², which includes one extension, according to the EPC inspection conducted in February 2018. This puts it in the largest 10% 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 48 RICHMOND WOOD ROAD lies on this distribution: 92% of detached houses houses are smaller than 48 RICHMOND WOOD ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Bournemouth.

48 RICHMOND WOOD ROAD: Plot and Title Map

48 RICHMOND WOOD ROAD sits on a plot of roughly 0.165 of an acre, or 669m². The below map shows the location of 48 RICHMOND WOOD 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 48 RICHMOND WOOD 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.

Where is 48 RICHMOND WOOD ROAD?

48 RICHMOND WOOD ROAD is located in BOURNEMOUTH, in the BH8 postcode district. The below map shows the position of No. 48 on RICHMOND WOOD ROAD.