11, GIBSON CLOSE, SLEAFORD, NG34 8BB - £183,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

11 GIBSON CLOSE is a very small detached house of 80m², built sometime between 1996 and 2002, which could now be worth an estimated £230,595. It was last sold for £183,000 in October 2017, which was around 22% below the average October 2017 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2009, where the current energy rating was C, and the potential energy rating was C.

11 GIBSON CLOSE Sold Prices

Land registry data shows five sales for 11 GIBSON CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the five 11 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 17 OCT	£183,000	£233,828	22% below HPI
2010 25 JAN	£157,500	£180,589	13% below HPI
2006 23 FEB	£147,000	£172,313	15% below HPI
2003 21 NOV	£133,000	£147,946	10% below HPI
1999 27 AUG	£63,500	£72,143	12% below HPI

11 GIBSON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The five 11 GIBSON CLOSE sales between August 1999 and October 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 January 2010 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the October 2017 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 11 GIBSON CLOSE be worth now?

11 GIBSON CLOSE might now be worth an estimated £230,595.

This is based on house price inflation of 26%, between October 2017 and December 2024, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 26% inflationary increase is applied to the most recent sale price for 11 GIBSON CLOSE of £183,000 on 17th October 2017. For the value to have increased from £183,000 to £230,595 over the six years and ten months to December 2024, the following assumptions must hold true:

• The value of 11 GIBSON CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The October 2017 sale price of £183,000 represented a fair market value for the property.
• The size, condition, and specification of 11 GIBSON CLOSE has not materially changed since October 2017.

How Large is 11 GIBSON CLOSE?

11 GIBSON CLOSE is 80m² according to the EPC inspection conducted in August 2009. This puts it in the smallest 20% of detached houses houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sleaford, and where 11 GIBSON CLOSE lies on this distribution: 19% of detached houses houses are smaller than 11 GIBSON CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

11 GIBSON CLOSE: Plot and Title Map

11 GIBSON CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 11 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 11 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 11 GIBSON CLOSE?

11 GIBSON CLOSE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 11 on GIBSON CLOSE.