12, GREBE CLOSE, PLYMOUTH, PL7 2HQ - £235,000

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.

12 GREBE CLOSE is a very small extended detached house of 77m², built sometime between 1967 and 1975, which could now be worth an estimated £289,105. It was last sold for £235,000 in May 2020, which was around 27% below the average May 2020 detached price in the City of Plymouth local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

12 GREBE CLOSE Sold Prices

Land registry data shows two sales for 12 GREBE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Plymouth local authority area for the corresponding sale date. Both of the two 12 GREBE 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
2020 6 MAY	£235,000	£322,181	27% below HPI
2016 21 DEC	£200,000	£292,125	32% below HPI

12 GREBE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Plymouth local authority area over time, sourced from the HPI. The two 12 GREBE CLOSE sales from December 2016 and May 2020 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 December 2016 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2020 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 12 GREBE CLOSE be worth now?

12 GREBE CLOSE might now be worth an estimated £289,105.

This is based on house price inflation of 23%, between May 2020 and February 2025, for detached houses, in the City of Plymouth local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23% inflationary increase is applied to the most recent sale price for 12 GREBE CLOSE of £235,000 on 6th May 2020. For the value to have increased from £235,000 to £289,105 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 12 GREBE CLOSE has moved in line with the HPI for detached houses in the City of Plymouth local authority area.
• The May 2020 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 12 GREBE CLOSE has not materially changed since May 2020.

How Large is 12 GREBE CLOSE?

12 GREBE CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 20% of detached houses houses in Plymouth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Plymouth, and where 12 GREBE CLOSE lies on this distribution: 11% of detached houses houses are smaller than 12 GREBE CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Plymouth.

12 GREBE CLOSE: Plot and Title Map

12 GREBE CLOSE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 12 GREBE 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 12 GREBE 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 12 GREBE CLOSE?

12 GREBE CLOSE is located in PLYMOUTH, in the PL7 postcode district. The below map shows the position of No. 12 on GREBE CLOSE.