4, GIBSON WAY, LUTTERWORTH, LE17 4YJ - £197,500

4 GIBSON WAY is a very small extended detached house of 82m², built sometime between 1991 and 1995. It was last sold for £197,500 in August 2013, which was around 29% below the average August 2013 detached price in the Harborough local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

4 GIBSON WAY Sold Prices

Land registry data shows three sales for 4 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 4 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 12 AUG	£197,500	£277,280	29% below HPI
2007 29 MAY	£204,500	£292,051	30% below HPI
1995 9 AUG	£72,995	£91,498	20% below HPI

4 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 4 GIBSON WAY sales between August 1995 and August 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 May 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the August 2013 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 4 GIBSON WAY?

4 GIBSON WAY is 82m², which includes two extensions, according to the EPC inspection conducted in December 2015. This puts it in the smallest 20% of detached houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where 4 GIBSON WAY lies on this distribution: 13% of detached houses are smaller than 4 GIBSON WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

4 GIBSON WAY: Plot and Title Map

4 GIBSON WAY sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 4 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 4 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 4 GIBSON WAY?

4 GIBSON WAY is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 4 on GIBSON WAY.