GREENBANK, TIBBETS CLOSE, ALCESTER, B49 5QU - £500,000

GREENBANK is a large detached house of 137m², built sometime between 1950 and 1966. It was last sold for £500,000 in March 2021, which was about the average March 2021 detached price in the Stratford-on-Avon local authority area. The most recent EPC inspection was September 2020, where the current energy rating was E, and the potential energy rating was D.

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 Stratford-on-Avon local authority area for the corresponding sale date. One of the two GREENBANK sales was roughly equal to the average price, whilst the other was 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
2021 5 MAR	£500,000	£497,808	Close to HPI
2002 9 AUG	£249,950	£244,499	2% above HPI

GREENBANK Price Paid vs. HPI Average

The below graph shows the average detached house price in the Stratford-on-Avon local authority area over time, sourced from the HPI. The two GREENBANK sales from August 2002 and March 2021 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 2002 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the March 2021 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is GREENBANK?

GREENBANK is 137m² according to the EPC inspection conducted in September 2020. This puts it in the largest 40% of detached houses in Alcester, based on EPC data. The below chart shows the distribution of detached houses by size in Alcester, and where GREENBANK lies on this distribution: 68% of detached houses are smaller than GREENBANK, and 31% of houses are larger. Note that EPC data is not available for all properties in Alcester.

GREENBANK: Plot and Title Map

GREENBANK sits on a plot of roughly 0.246 of an acre, or 997m². 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 TIBBETS CLOSE in ALCESTER, in the B49 postcode district. The below map shows the position of GREENBANK on TIBBETS CLOSE.