20, THOMAS GIBSON DRIVE, HORNCASTLE, LN9 6RX - £130,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

20 THOMAS GIBSON DRIVE is a midsized extended detached house of 91m², built sometime between 1996 and 2002. It was last sold for £130,000 in May 2011, which was around 21% below the average May 2011 detached price in the East Lindsey local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was C.

20 THOMAS GIBSON DRIVE Sold Prices

Land registry data shows five sales for 20 THOMAS GIBSON DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. The five 20 THOMAS GIBSON DRIVE sales were a mix of below the average price, and roughly equal to 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 MAY	£130,000	£165,374	21% below HPI
2007 13 SEP	£163,500	£191,268	15% below HPI
2004 8 JAN	£127,000	£144,067	12% below HPI
2000 26 MAY	£62,500	£72,066	13% below HPI
1999 1 APR	£64,750	£64,773	Close to HPI

20 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 five 20 THOMAS GIBSON DRIVE sales between April 1999 and May 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 September 2007 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the May 2011 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 20 THOMAS GIBSON DRIVE?

20 THOMAS GIBSON DRIVE is 91m², which includes one extension, according to the EPC inspection conducted in August 2009. 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 20 THOMAS GIBSON DRIVE lies on this distribution: 40% of detached houses are smaller than 20 THOMAS GIBSON DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

20 THOMAS GIBSON DRIVE: Plot and Title Map

20 THOMAS GIBSON DRIVE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 20 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 20 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 20 THOMAS GIBSON DRIVE?

20 THOMAS GIBSON DRIVE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 20 on THOMAS GIBSON DRIVE.