18, GIBSONS GARDENS, NORTH SOMERCOTES, LOUTH, LN11 7QH - £247,000

18 GIBSONS GARDENS is a very small detached house of 65m², built sometime between 1976 and 1982. It was last sold for £247,000 in September 2022, which was around 11% below the average September 2022 detached price in the East Lindsey local authority area. The most recent EPC inspection was April 2011, where the current energy rating was E, and the potential energy rating was D.

18 GIBSONS GARDENS Sold Prices

Land registry data shows two sales for 18 GIBSONS GARDENS 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 18 GIBSONS GARDENS 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 2 SEP	£247,000	£277,865	11% below HPI
2016 8 FEB	£125,000	£187,232	33% below HPI

18 GIBSONS GARDENS 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 18 GIBSONS GARDENS sales from February 2016 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 2016 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the September 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 18 GIBSONS GARDENS?

18 GIBSONS GARDENS is 65m² according to the EPC inspection conducted in April 2011. This puts it in the smallest 10% of detached houses in North Somercotes, based on EPC data. The below chart shows the distribution of detached houses by size in North Somercotes, and where 18 GIBSONS GARDENS lies on this distribution: 6% of detached houses are smaller than 18 GIBSONS GARDENS, and 94% of houses are larger. Note that EPC data is not available for all properties in North Somercotes.

18 GIBSONS GARDENS: Plot and Title Map

18 GIBSONS GARDENS sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 18 GIBSONS GARDENS, 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 18 GIBSONS GARDENS). 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 18 GIBSONS GARDENS?

18 GIBSONS GARDENS is located in NORTH SOMERCOTES, in the LN11 postcode district. The below map shows the position of No. 18 on GIBSONS GARDENS.