18, GIBSON WAY, LUTTERWORTH, LE17 4YJ - £300,000

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

18 GIBSON WAY is a small extended detached house of 105m², built sometime between 1991 and 1995. It was last sold for £300,000 in January 2022, which was around 32% below the average January 2022 detached price in the Harborough local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

18 GIBSON WAY Sold Prices

Land registry data shows seven sales for 18 GIBSON WAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Harborough local authority area for the corresponding sale date. All of the seven 18 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
2022 20 JAN	£300,000	£442,251	32% below HPI
2009 16 OCT	£190,000	£255,831	26% below HPI
2003 11 DEC	£177,500	£223,260	20% below HPI
2001 2 NOV	£114,000	£149,959	24% below HPI
2001 28 SEP	£114,000	£145,792	22% below HPI
2000 10 NOV	£89,500	£139,889	36% below HPI
1995 13 APR	£74,995	£88,979	16% below HPI

18 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 seven 18 GIBSON WAY sales between April 1995 and January 2022 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 October 2009 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the January 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 18 GIBSON WAY?

18 GIBSON WAY is 105m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the smallest 40% of detached houses in Lutterworth, based on EPC data. The below chart shows the distribution of detached houses by size in Lutterworth, and where 18 GIBSON WAY lies on this distribution: 35% of detached houses are smaller than 18 GIBSON WAY, and 63% of houses are larger. Note that EPC data is not available for all properties in Lutterworth.

18 GIBSON WAY: Plot and Title Map

18 GIBSON WAY sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 18 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 18 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 18 GIBSON WAY?

18 GIBSON WAY is located in LUTTERWORTH, in the LE17 postcode district. The below map shows the position of No. 18 on GIBSON WAY.