24, GREENBANK CLOSE, GRAMPOUND ROAD, TRURO, TR2 4TD - £195,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

24 GREENBANK CLOSE is a small semi-detached house of 87m², built sometime between 1983 and 1990. It was last sold for £195,000 in December 2020, which was around 49% below the average December 2020 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

24 GREENBANK CLOSE Sold Prices

Land registry data shows three sales for 24 GREENBANK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 24 GREENBANK 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 18 DEC	£195,000	£379,621	49% below HPI
2015 18 AUG	£165,000	£298,951	45% below HPI
2008 1 MAY	£170,000	£286,996	41% below HPI

24 GREENBANK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 24 GREENBANK CLOSE sales between May 2008 and December 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 August 2015 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the December 2020 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 24 GREENBANK CLOSE?

24 GREENBANK CLOSE is 87m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 40% of detached houses in Grampound Road, based on EPC data. The below chart shows the distribution of detached houses by size in Grampound Road, and where 24 GREENBANK CLOSE lies on this distribution: 36% of detached houses are smaller than 24 GREENBANK CLOSE, and 64% of houses are larger. Note that EPC data is not available for all properties in Grampound Road.

24 GREENBANK CLOSE: Plot and Title Map

24 GREENBANK CLOSE sits on a plot of roughly 0.036 of an acre, or 146m². The below map shows the location of 24 GREENBANK 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 24 GREENBANK 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 24 GREENBANK CLOSE?

24 GREENBANK CLOSE is located in GRAMPOUND ROAD, in the TR2 postcode district. The below map shows the position of No. 24 on GREENBANK CLOSE.