8, GREENBANK CLOSE, GRAMPOUND ROAD, TRURO, TR2 4TD - £190,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

8 GREENBANK CLOSE is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £190,000 in May 2017, which was around 39% below the average May 2017 detached price in the Cornwall local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was B.

8 GREENBANK CLOSE Sold Prices

Land registry data shows three sales for 8 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 8 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
2017 11 MAY	£190,000	£309,830	39% below HPI
2016 21 SEP	£157,500	£302,629	48% below HPI
1996 29 MAR	£49,000	£69,896	30% below HPI

8 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 8 GREENBANK CLOSE sales between March 1996 and May 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 September 2016 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the May 2017 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 8 GREENBANK CLOSE?

8 GREENBANK CLOSE is 72m² according to the EPC inspection conducted in April 2016. This puts it in the smallest 20% 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 8 GREENBANK CLOSE lies on this distribution: 18% of detached houses are smaller than 8 GREENBANK CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Grampound Road.

8 GREENBANK CLOSE: Plot and Title Map

8 GREENBANK CLOSE sits on a plot of roughly 0.055 of an acre, or 222m². The below map shows the location of 8 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 8 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 8 GREENBANK CLOSE?

8 GREENBANK CLOSE is located in GRAMPOUND ROAD, in the TR2 postcode district. The below map shows the position of No. 8 on GREENBANK CLOSE.