16, GIBSON WAY, LUTTERWORTH, LE17 4YJ - £247,500

16 GIBSON WAY is a small detached house of 96m², built sometime between 1991 and 1995. It was last sold for £247,500 in February 2019, which was around 39% below the average February 2019 detached price in the Harborough local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

16 GIBSON WAY Sold Prices

Land registry data shows three sales for 16 GIBSON WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the three 16 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
2019 15 FEB	£247,500	£403,426	39% below HPI
2015 27 FEB	£219,000	£323,611	32% below HPI
1995 7 APR	£79,995	£88,979	10% below HPI

16 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 three 16 GIBSON WAY sales between April 1995 and February 2019 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 2015 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2019 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 16 GIBSON WAY?

16 GIBSON WAY is 96m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 30% of detached houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where 16 GIBSON WAY lies on this distribution: 26% of detached houses are smaller than 16 GIBSON WAY, and 73% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

16 GIBSON WAY: Plot and Title Map

16 GIBSON WAY sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 16 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 16 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 16 GIBSON WAY?

16 GIBSON WAY is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 16 on GIBSON WAY.