23, GREENBANKS, MELBOURN, ROYSTON, SG8 6AS - £280,000

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

23 GREENBANKS is a small extended semi-detached house of 107m², built sometime between 1976 and 1982. It was last sold for £280,000 in October 2012, which was around 21% below the average October 2012 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

23 GREENBANKS Sold Prices

Land registry data shows two sales for 23 GREENBANKS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. Both of the two 23 GREENBANKS 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
2012 12 OCT	£280,000	£356,570	21% below HPI
2004 30 SEP	£181,000	£291,876	38% below HPI

23 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 two 23 GREENBANKS sales from September 2004 and October 2012 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 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the October 2012 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 23 GREENBANKS?

23 GREENBANKS is 107m², which includes one extension, according to the EPC inspection conducted in October 2019. This puts it in the smallest 30% of detached houses in Melbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourn, and where 23 GREENBANKS lies on this distribution: 25% of detached houses are smaller than 23 GREENBANKS, and 74% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

23 GREENBANKS: Plot and Title Map

23 GREENBANKS sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 23 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 23 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 23 GREENBANKS?

23 GREENBANKS is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 23 on GREENBANKS.