18, GIBSON CLOSE, SLEAFORD, NG34 8BB - £257,500

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.

18 GIBSON CLOSE is a very large extended detached house of 153m², built sometime between 1996 and 2002, which could now be worth an estimated £363,956. It was last sold for £257,500 in February 2016, which was around 20% above the average February 2016 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2012, where the current energy rating was D, and the potential energy rating was C.

18 GIBSON CLOSE Sold Prices

Land registry data shows two sales for 18 GIBSON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Both of the two 18 GIBSON CLOSE sales were for above 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
2016 19 FEB	£257,500	£214,196	20% above HPI
1999 28 MAY	£109,950	£68,466	61% above HPI

18 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 two 18 GIBSON CLOSE sales from May 1999 and February 2016 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 1999 sale was for 61% above the HPI. So the extrapolation line tracks at 61% above the HPI over time, until the February 2016 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 18 GIBSON CLOSE be worth now?

18 GIBSON CLOSE might now be worth an estimated £363,956.

This is based on house price inflation of 41.3%, between February 2016 and February 2025, 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 41.3% inflationary increase is applied to the most recent sale price for 18 GIBSON CLOSE of £257,500 on 19th February 2016. For the value to have increased from £257,500 to £363,956 over the nine years to February 2025, the following assumptions must hold true:

• The value of 18 GIBSON CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2016 sale price of £257,500 represented a fair market value for the property.
• The size, condition, and specification of 18 GIBSON CLOSE has not materially changed since February 2016.

How Large is 18 GIBSON CLOSE?

18 GIBSON CLOSE is 153m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 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 18 GIBSON CLOSE lies on this distribution: 89% of detached houses houses are smaller than 18 GIBSON CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

18 GIBSON CLOSE: Plot and Title Map

18 GIBSON CLOSE sits on a plot of roughly 0.106 of an acre, or 430m². The below map shows the location of 18 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 18 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 18 GIBSON CLOSE?

18 GIBSON CLOSE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 18 on GIBSON CLOSE.