12, GREENBANKS, MELBOURN, ROYSTON, SG8 6AS - £527,000

12 GREENBANKS is a midsized extended detached house of 132m², built sometime between 1950 and 1966. It was last sold for £527,000 in January 2021, which was around 1% below the average January 2021 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was D.

12 GREENBANKS Sold Prices

Land registry data shows three sales for 12 GREENBANKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. One of the three 12 GREENBANKS sales was for below the average price, whilst two were for above 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
2021 13 JAN	£527,000	£532,480	1% below HPI
2009 2 SEP	£340,000	£321,178	6% above HPI
2003 21 FEB	£280,400	£252,965	11% above HPI

12 GREENBANKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Cambridgeshire local authority area over time, sourced from the HPI. The three 12 GREENBANKS sales between February 2003 and January 2021 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 September 2009 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the January 2021 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 12 GREENBANKS?

12 GREENBANKS is 132m², which includes two extensions, according to the EPC inspection conducted in December 2008. This puts it in the smallest 50% of detached houses in Melbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourn, and where 12 GREENBANKS lies on this distribution: 46% of detached houses are smaller than 12 GREENBANKS, and 54% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

12 GREENBANKS: Plot and Title Map

12 GREENBANKS sits on a plot of roughly 0.122 of an acre, or 494m². The below map shows the location of 12 GREENBANKS, 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 12 GREENBANKS). 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 12 GREENBANKS?

12 GREENBANKS is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 12 on GREENBANKS.