Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
12 GREEN BANK CLOSE is a very large detached house of 174m², built sometime between 1996 and 2002. It was last sold for £330,000 in October 2020, which was around 47% above the average October 2020 detached price in the Cumberland local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 12 GREEN BANK CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cumberland local authority area for the corresponding sale date. Most of the four 12 GREEN BANK CLOSE sales 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 |
---|---|---|---|
2020 20 OCT | £330,000 | £224,357 | 47% above HPI |
2014 29 JUL | £265,000 | £199,030 | 33% above HPI |
2002 18 SEP | £180,000 | £105,120 | 71% above HPI |
2000 11 OCT | £60,000 | £85,459 | 30% below HPI |
The below graph shows the average detached house price in the Cumberland local authority area over time, sourced from the HPI. The four 12 GREEN BANK CLOSE sales between October 2000 and October 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 July 2014 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the October 2020 sale, where it rises to 47% above the HPI. The line then continues to track at 47% above the HPI.
12 GREEN BANK CLOSE is 174m² according to the EPC inspection conducted in March 2013. This puts it in the largest 20% of detached houses in Prospect, based on EPC data. The below chart shows the distribution of detached houses by size in Prospect, and where 12 GREEN BANK CLOSE lies on this distribution: 80% of detached houses are smaller than 12 GREEN BANK CLOSE, and 20% of houses are larger. Note that EPC data is not available for all properties in Prospect.
12 GREEN BANK CLOSE sits on a plot of roughly 52.0 acres, or 210,251m². The below map shows the location of 12 GREEN BANK 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 GREEN BANK 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.
12 GREEN BANK CLOSE is located in PROSPECT, in the CA7 postcode district. The below map shows the position of No. 12 on GREEN BANK CLOSE.