GREEN BANK, GREWELTHORPE, RIPON, HG4 3BS - £500,000

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.

GREEN BANK is a very large extended detached house of 210m², built sometime between 1950 and 1966, which could now be worth an estimated £754,305. It was last sold for £500,000 in July 2012, which was around 74% above the average July 2012 detached price in the North Yorkshire local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

GREEN BANK Sold Prices

Land registry data shows two sales for GREEN BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Yorkshire local authority area for the corresponding sale date. Both of the two GREEN BANK 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
2012 18 JUL	£500,000	£287,743	74% above HPI
1996 15 NOV	£110,000	£96,241	14% above HPI

GREEN BANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Yorkshire local authority area over time, sourced from the HPI. The two GREEN BANK sales from November 1996 and July 2012 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 November 1996 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2012 sale, where it rises to 74% above the HPI. The line then continues to track at 74% above the HPI.

What might GREEN BANK be worth now?

GREEN BANK might now be worth an estimated £754,305.

This is based on house price inflation of 50.9%, between July 2012 and February 2025, for detached houses, in the North Yorkshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 50.9% inflationary increase is applied to the most recent sale price for GREEN BANK of £500,000 on 18th July 2012. For the value to have increased from £500,000 to £754,305 over the thirteen years and five months to February 2025, the following assumptions must hold true:

• The value of GREEN BANK has moved in line with the HPI for detached houses in the North Yorkshire local authority area.
• The July 2012 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of GREEN BANK has not materially changed since July 2012.

How Large is GREEN BANK?

GREEN BANK is 210m², which includes four extensions, according to the EPC inspection conducted in January 2024. This puts it in the largest 20% of detached houses houses in Grewelthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grewelthorpe, and where GREEN BANK lies on this distribution: 90% of detached houses houses are smaller than GREEN BANK, and 10% of houses are larger. Note that EPC data is not available for all properties in Grewelthorpe.

GREEN BANK: Plot and Title Map

GREEN BANK sits on a plot of roughly 4.5 acres, or 18,192m². The below map shows the location of GREEN BANK, 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 GREEN BANK). 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 GREEN BANK?

GREEN BANK is located in GREWELTHORPE, in the HG4 postcode district. The below map shows the position of GREEN BANK in GREWELTHORPE.