9, GIBSON WAY, LUTTERWORTH, LE17 4YJ - £177,000

9 GIBSON WAY is a very small extended detached house of 84m², built sometime between 1991 and 1995. It was last sold for £177,000 in October 2011, which was around 36% below the average October 2011 detached price in the Harborough local authority area. The most recent EPC inspection was November 2021, where the current energy rating was D, and the potential energy rating was C.

9 GIBSON WAY Sold Prices

Land registry data shows two sales for 9 GIBSON WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. Both of the two 9 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
2011 6 OCT	£177,000	£275,198	36% below HPI
1995 28 APR	£74,995	£88,979	16% below HPI

9 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 two 9 GIBSON WAY sales from April 1995 and October 2011 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 April 1995 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2011 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 9 GIBSON WAY?

9 GIBSON WAY is 84m², which includes two extensions, according to the EPC inspection conducted in November 2021. 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 9 GIBSON WAY lies on this distribution: 15% of detached houses are smaller than 9 GIBSON WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

9 GIBSON WAY: Plot and Title Map

9 GIBSON WAY sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 9 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 9 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 9 GIBSON WAY?

9 GIBSON WAY is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 9 on GIBSON WAY.