12, GIBSON WAY, ALFORD, LN13 9PD - £252,000

12 GIBSON WAY is a large detached house of 104m², built sometime between 2003 and 2006. It was last sold for £252,000 in September 2022, which was around 9% below the average September 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was A.

12 GIBSON WAY Sold Prices

Land registry data shows two sales for 12 GIBSON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. Both of the two 12 GIBSON WAY sales were 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
2022 30 SEP	£252,000	£277,865	9% below HPI
2005 25 FEB	£149,950	£164,556	9% below HPI

12 GIBSON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the East Lindsey local authority area over time, sourced from the HPI. The two 12 GIBSON WAY sales from February 2005 and September 2022 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 February 2005 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the September 2022 sale, which was also at 9% below the HPI.

How Large is 12 GIBSON WAY?

12 GIBSON WAY is 104m² according to the EPC inspection conducted in September 2022. This puts it in the largest 40% of detached houses in Alford, based on EPC data. The below chart shows the distribution of detached houses by size in Alford, and where 12 GIBSON WAY lies on this distribution: 62% of detached houses are smaller than 12 GIBSON WAY, and 37% of houses are larger. Note that EPC data is not available for all properties in Alford.

12 GIBSON WAY: Plot and Title Map

12 GIBSON WAY sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 12 GIBSON WAY, 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 12 GIBSON WAY). 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 12 GIBSON WAY?

12 GIBSON WAY is located in ALFORD, in the LN13 postcode district. The below map shows the position of No. 12 on GIBSON WAY.