2, GREENBANKS DRIVE, BARRY, CF62 8HZ - £230,000

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

2 GREENBANKS DRIVE is a small detached house of 106m², built sometime between 1967 and 1975. It was last sold for £230,000 in May 2021, which was around 41% below the average May 2021 detached price in the Vale of Glamorgan local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

2 GREENBANKS DRIVE Sold Prices

Land registry data shows two sales for 2 GREENBANKS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Vale of Glamorgan local authority area for the corresponding sale date. Both of the two 2 GREENBANKS DRIVE 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
2021 14 MAY	£230,000	£392,270	41% below HPI
2003 3 APR	£125,000	£182,871	32% below HPI

2 GREENBANKS DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Vale of Glamorgan local authority area over time, sourced from the HPI. The two 2 GREENBANKS DRIVE sales from April 2003 and May 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 April 2003 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the May 2021 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 2 GREENBANKS DRIVE?

2 GREENBANKS DRIVE is 106m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 40% of detached houses in Barry, based on EPC data. The below chart shows the distribution of detached houses by size in Barry, and where 2 GREENBANKS DRIVE lies on this distribution: 38% of detached houses are smaller than 2 GREENBANKS DRIVE, and 62% of houses are larger. Note that EPC data is not available for all properties in Barry.

2 GREENBANKS DRIVE: Plot and Title Map

2 GREENBANKS DRIVE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 2 GREENBANKS DRIVE, 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 2 GREENBANKS DRIVE). 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 2 GREENBANKS DRIVE?

2 GREENBANKS DRIVE is located in BARRY, in the CF62 postcode district. The below map shows the position of No. 2 on GREENBANKS DRIVE.