12, THOMAS GIBSON DRIVE, HORNCASTLE, LN9 6RX - £183,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 THOMAS GIBSON DRIVE is a midsized extended detached house of 92m², built sometime between 1991 and 1995. It was last sold for £183,000 in August 2007, which was around 5% below the average August 2007 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

12 THOMAS GIBSON DRIVE Sold Prices

Land registry data shows three sales for 12 THOMAS GIBSON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. All of the three 12 THOMAS GIBSON DRIVE 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
2007 20 AUG	£183,000	£192,296	5% below HPI
2001 28 SEP	£78,000	£85,238	8% below HPI
2000 23 JUN	£74,000	£74,668	1% below HPI

12 THOMAS GIBSON DRIVE 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 three 12 THOMAS GIBSON DRIVE sales between June 2000 and August 2007 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 September 2001 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2007 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 12 THOMAS GIBSON DRIVE?

12 THOMAS GIBSON DRIVE is 92m², which includes one extension, according to the EPC inspection conducted in January 2024. This puts it in the smallest 50% of detached houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses by size in Horncastle, and where 12 THOMAS GIBSON DRIVE lies on this distribution: 40% of detached houses are smaller than 12 THOMAS GIBSON DRIVE, and 58% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

12 THOMAS GIBSON DRIVE: Plot and Title Map

12 THOMAS GIBSON DRIVE sits on a plot of roughly 0.054 of an acre, or 220m². The below map shows the location of 12 THOMAS GIBSON DRIVE, 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 12 THOMAS GIBSON DRIVE). 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 12 THOMAS GIBSON DRIVE?

12 THOMAS GIBSON DRIVE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 12 on THOMAS GIBSON DRIVE.