GREENBANKS HOUSE, OTHERY, BRIDGWATER, TA7 0PX - £285,000

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

GREENBANKS HOUSE is a very large extended detached house of 202m², built sometime between 1900 and 1929. It was last sold for £285,000 in August 2013, which was around 3% above the average August 2013 detached price in the Somerset local authority area. The most recent EPC inspection was November 2009, where the current energy rating was F, and the potential energy rating was F.

GREENBANKS HOUSE Sold Prices

Land registry data shows two sales for GREENBANKS HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Somerset local authority area for the corresponding sale date. Both of the two GREENBANKS HOUSE 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
2013 22 AUG	£285,000	£275,818	3% above HPI
2007 22 AUG	£345,000	£296,594	16% above HPI

GREENBANKS HOUSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Somerset local authority area over time, sourced from the HPI. The two GREENBANKS HOUSE sales from August 2007 and August 2013 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 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2013 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is GREENBANKS HOUSE?

GREENBANKS HOUSE is 202m², which includes two extensions, according to the EPC inspection conducted in November 2009. This puts it in the largest 20% of detached houses in Othery, based on EPC data. The below chart shows the distribution of detached houses by size in Othery, and where GREENBANKS HOUSE lies on this distribution: 82% of detached houses are smaller than GREENBANKS HOUSE, and 18% of houses are larger. Note that EPC data is not available for all properties in Othery.

GREENBANKS HOUSE: Plot and Title Map

GREENBANKS HOUSE sits on a plot of roughly 0.177 of an acre, or 715m². The below map shows the location of GREENBANKS HOUSE, 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 GREENBANKS HOUSE). 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 GREENBANKS HOUSE?

GREENBANKS HOUSE is located in OTHERY, in the TA7 postcode district. The below map shows the position of GREENBANKS HOUSE in OTHERY.