GREENBANK, STATION ROAD, CHACEWATER, TRURO, TR4 8NH - £470,000

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

GREENBANK is a very large extended detached house of 244m², built sometime before 1900. It was last sold for £470,000 in March 2015, which was around 63% above the average March 2015 detached price in the Cornwall local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was C.

GREENBANK Sold Prices

Land registry data shows two sales for GREENBANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. Both of the two GREENBANK 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
2015 20 MAR	£470,000	£289,075	63% above HPI
1999 24 SEP	£101,000	£98,740	2% above HPI

GREENBANK 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 two GREENBANK sales from September 1999 and March 2015 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 1999 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2015 sale, where it rises to 63% above the HPI. The line then continues to track at 63% above the HPI.

How Large is GREENBANK?

GREENBANK is 244m², which includes four extensions, according to the EPC inspection conducted in October 2014. This puts it in the largest 10% of detached houses in Chacewater, based on EPC data. The below chart shows the distribution of detached houses by size in Chacewater, and where GREENBANK lies on this distribution: 98% of detached houses are smaller than GREENBANK, and 2% of houses are larger. Note that EPC data is not available for all properties in Chacewater.

GREENBANK: Plot and Title Map

GREENBANK sits on a plot of roughly 0.481 of an acre, or 1,946m². The below map shows the location of GREENBANK, 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 GREENBANK). 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 GREENBANK?

GREENBANK is located on STATION ROAD in CHACEWATER, in the TR4 postcode district. The below map shows the position of GREENBANK on STATION ROAD.