3, GREENBANKS, MELBOURN, ROYSTON, SG8 6AS - £530,000

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

3 GREENBANKS is a small extended detached house of 120m², built sometime between 1950 and 1966. It was last sold for £530,000 in October 2017, which was around 2% above the average October 2017 detached price in the South Cambridgeshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

3 GREENBANKS Sold Prices

Land registry data shows three sales for 3 GREENBANKS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Cambridgeshire local authority area for the corresponding sale date. All of the three 3 GREENBANKS 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
2017 20 OCT	£530,000	£518,875	2% above HPI
1999 25 MAR	£150,000	£137,360	9% above HPI
1996 15 NOV	£136,500	£110,060	24% above HPI

3 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 three 3 GREENBANKS sales between November 1996 and October 2017 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 March 1999 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the October 2017 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 3 GREENBANKS?

3 GREENBANKS is 120m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the smallest 40% of detached houses in Melbourn, based on EPC data. The below chart shows the distribution of detached houses by size in Melbourn, and where 3 GREENBANKS lies on this distribution: 35% of detached houses are smaller than 3 GREENBANKS, and 65% of houses are larger. Note that EPC data is not available for all properties in Melbourn.

3 GREENBANKS: Plot and Title Map

3 GREENBANKS sits on a plot of roughly 0.161 of an acre, or 653m². The below map shows the location of 3 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 3 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 3 GREENBANKS?

3 GREENBANKS is located in MELBOURN, in the SG8 postcode district. The below map shows the position of No. 3 on GREENBANKS.