15, GIBSON WAY, LUTTERWORTH, LE17 4YJ - £153,000

15 GIBSON WAY is a very small semi-detached house of 71m², built sometime between 1991 and 1995. It was last sold for £153,000 in November 2013, which was around 47% below the average November 2013 detached price in the Harborough local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

15 GIBSON WAY Sold Prices

Land registry data shows four sales for 15 GIBSON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the four 15 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
2013 26 NOV	£153,000	£287,042	47% below HPI
2005 23 JUN	£160,000	£260,045	38% below HPI
2005 31 MAR	£170,000	£250,960	32% below HPI
1995 24 FEB	£62,995	£93,868	33% below HPI

15 GIBSON WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Harborough local authority area over time, sourced from the HPI. The four 15 GIBSON WAY sales between February 1995 and November 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 June 2005 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the November 2013 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

How Large is 15 GIBSON WAY?

15 GIBSON WAY is 71m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 10% of detached houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where 15 GIBSON WAY lies on this distribution: 6% of detached houses are smaller than 15 GIBSON WAY, and 94% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

15 GIBSON WAY: Plot and Title Map

15 GIBSON WAY sits on a plot of roughly 0.044 of an acre, or 176m². The below map shows the location of 15 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 15 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 15 GIBSON WAY?

15 GIBSON WAY is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 15 on GIBSON WAY.