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
43 GREENBANKS ROAD is a very small detached house of 63m², built sometime between 1976 and 1982. It was last sold for £318,000 in June 2021, which was around 18% below the average June 2021 detached price in the Cornwall local authority area. The most recent EPC inspection was July 2024, where the current energy rating was A, and the potential energy rating was A.
Land registry data shows three sales for 43 GREENBANKS ROAD since 1st 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 43 GREENBANKS ROAD 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 29 JUN | £318,000 | £387,509 | 18% below HPI |
1999 13 AUG | £60,000 | £98,105 | 39% below HPI |
1998 4 SEP | £59,200 | £90,854 | 35% below HPI |
The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 43 GREENBANKS ROAD sales between September 1998 and June 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 August 1999 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the June 2021 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.
43 GREENBANKS ROAD is 63m² according to the EPC inspection conducted in July 2024. This puts it in the smallest 10% of detached houses in Rock, based on EPC data. The below chart shows the distribution of detached houses by size in Rock, and where 43 GREENBANKS ROAD lies on this distribution: 2% of detached houses are smaller than 43 GREENBANKS ROAD, and 98% of houses are larger. Note that EPC data is not available for all properties in Rock.
43 GREENBANKS ROAD sits on a plot of roughly 54.6 acres, or 221,003m². The below map shows the location of 43 GREENBANKS ROAD, 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 43 GREENBANKS ROAD). 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.
43 GREENBANKS ROAD is located in ROCK, in the PL27 postcode district. The below map shows the position of No. 43 on GREENBANKS ROAD.