28, GIBSON CLOSE, ABINGDON, OX14 1XT - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

28 GIBSON CLOSE is a very small extended semi-detached house of 47m², built sometime between 1991 and 1995, which could now be worth an estimated £298,019. It was last sold for £235,000 in May 2017, which was around 25% below the average May 2017 semi-detached price in the Vale of White Horse local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

28 GIBSON CLOSE Sold Prices

Land registry data shows three sales for 28 GIBSON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Vale of White Horse local authority area for the corresponding sale date. All of the three 28 GIBSON CLOSE 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
2017 12 MAY	£235,000	£314,076	25% below HPI
2004 6 OCT	£148,000	£197,024	25% below HPI
1997 17 OCT	£57,000	£82,033	31% below HPI

28 GIBSON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Vale of White Horse local authority area over time, sourced from the HPI. The three 28 GIBSON CLOSE sales between October 1997 and May 2017 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 October 2004 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the May 2017 sale, which was also at 25% below the HPI.

What might 28 GIBSON CLOSE be worth now?

28 GIBSON CLOSE might now be worth an estimated £298,019.

This is based on house price inflation of 26.8%, between May 2017 and May 2026, for semi-detached houses, in the Vale of White Horse local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26.8% inflationary increase is applied to the most recent sale price for 28 GIBSON CLOSE of £235,000 on 12th May 2017. For the value to have increased from £235,000 to £298,019 over the nine years to May 2026, the following assumptions must hold true:

• The value of 28 GIBSON CLOSE has moved in line with the HPI for semi-detached houses in the Vale of White Horse local authority area.
• The May 2017 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 28 GIBSON CLOSE has not materially changed since May 2017.

How Large is 28 GIBSON CLOSE?

28 GIBSON CLOSE is 47m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% of semi-detached houses houses in Abingdon-on-Thames, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Abingdon-on-Thames, and where 28 GIBSON CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 28 GIBSON CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Abingdon-on-Thames.

28 GIBSON CLOSE: Plot and Title Map

28 GIBSON CLOSE sits on a plot of roughly 0.033 of an acre, or 133m². The below map shows the location of 28 GIBSON CLOSE, 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 28 GIBSON CLOSE). 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 28 GIBSON CLOSE?

28 GIBSON CLOSE is located in ABINGDON, in the OX14 postcode district. The below map shows the position of No. 28 on GIBSON CLOSE.