GREENBANK, TRURO ROAD, LANIVET, BODMIN, PL30 5HF - £505,000

GREENBANK is a very large extended detached house of 163m², built sometime between 1900 and 1929. It was last sold for £505,000 in July 2023, which was around 15% above the average July 2023 detached price in the Cornwall local authority area. The most recent EPC inspection was August 2022, where the current energy rating was E, 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. One of the two GREENBANK sales was for above the average price, whilst the other was 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
2023 12 JUL	£505,000	£438,484	15% above HPI
1995 31 AUG	£45,025	£69,662	35% below 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 August 1995 and July 2023 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 1995 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the July 2023 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is GREENBANK?

GREENBANK is 163m², which includes three extensions, according to the EPC inspection conducted in August 2022. This puts it in the largest 20% of detached houses in Lanivet, based on EPC data. The below chart shows the distribution of detached houses by size in Lanivet, and where GREENBANK lies on this distribution: 83% of detached houses are smaller than GREENBANK, and 17% of houses are larger. Note that EPC data is not available for all properties in Lanivet.

GREENBANK: Plot and Title Map

GREENBANK sits on a plot of roughly 0.818 of an acre, or 3,308m². 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 TRURO ROAD in LANIVET, in the PL30 postcode district. The below map shows the position of GREENBANK on TRURO ROAD.