7, GREENBANK CLOSE, GRAMPOUND ROAD, TRURO, TR2 4TD - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 GREENBANK CLOSE is a midsized extended detached house of 104m², built sometime between 1983 and 1990, which could now be worth an estimated £250,857. It was last sold for £170,000 in November 2014, which was around 43% below the average November 2014 detached price in the Cornwall local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was B.

7 GREENBANK CLOSE Sold Prices

Land registry data shows four sales for 7 GREENBANK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the four 7 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
2014 21 NOV	£170,000	£296,301	43% below HPI
2007 10 AUG	£210,000	£298,261	30% below HPI
2004 25 MAR	£187,000	£234,856	20% below HPI
2000 1 DEC	£90,000	£122,447	26% below HPI

7 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 four 7 GREENBANK CLOSE sales between December 2000 and November 2014 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 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2014 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 7 GREENBANK CLOSE be worth now?

7 GREENBANK CLOSE might now be worth an estimated £250,857.

This is based on house price inflation of 47.6%, between November 2014 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 47.6% inflationary increase is applied to the most recent sale price for 7 GREENBANK CLOSE of £170,000 on 21st November 2014. For the value to have increased from £170,000 to £250,857 over the eleven years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 GREENBANK CLOSE has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The November 2014 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GREENBANK CLOSE has not materially changed since November 2014.

How Large is 7 GREENBANK CLOSE?

7 GREENBANK CLOSE is 104m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of detached houses houses in Grampound Road, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grampound Road, and where 7 GREENBANK CLOSE lies on this distribution: 48% of detached houses houses are smaller than 7 GREENBANK CLOSE, and 52% of houses are larger. Note that EPC data is not available for all properties in Grampound Road.

7 GREENBANK CLOSE: Plot and Title Map

7 GREENBANK CLOSE sits on a plot of roughly 0.045 of an acre, or 181m². The below map shows the location of 7 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 7 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 7 GREENBANK CLOSE?

7 GREENBANK CLOSE is located in GRAMPOUND ROAD, in the TR2 postcode district. The below map shows the position of No. 7 on GREENBANK CLOSE.