30, THOMAS GIBSON DRIVE, HORNCASTLE, LN9 6RX - £170,000

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

30 THOMAS GIBSON DRIVE is a small detached house of 89m², built sometime between 1996 and 2002. It was last sold for £170,000 in March 2019, which was around 26% below the average March 2019 detached price in the East Lindsey local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

30 THOMAS GIBSON DRIVE Sold Prices

Land registry data shows two sales for 30 THOMAS GIBSON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the East Lindsey local authority area for the corresponding sale date. One of the two 30 THOMAS GIBSON DRIVE sales was for below the average price, whilst the other was 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
2019 1 MAR	£170,000	£230,292	26% below HPI
2000 10 NOV	£78,000	£77,338	1% above HPI

30 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 two 30 THOMAS GIBSON DRIVE sales from November 2000 and March 2019 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 November 2000 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2019 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 30 THOMAS GIBSON DRIVE be worth now?

30 THOMAS GIBSON DRIVE might now be worth an estimated £210,305.

This is based on house price inflation of 23.7%, between March 2019 and December 2024, for detached houses, in the East Lindsey local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.7% inflationary increase is applied to the most recent sale price for 30 THOMAS GIBSON DRIVE of £170,000 on 1st March 2019. For the value to have increased from £170,000 to £210,305 over the four years and three months to December 2024, the following assumptions must hold true:

• The value of 30 THOMAS GIBSON DRIVE has moved in line with the HPI for detached houses in the East Lindsey local authority area.
• The March 2019 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 30 THOMAS GIBSON DRIVE has not materially changed since March 2019.

How Large is 30 THOMAS GIBSON DRIVE?

30 THOMAS GIBSON DRIVE is 89m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 40% of detached houses houses in Horncastle, based on EPC data. The below chart shows the distribution of detached houses houses by size in Horncastle, and where 30 THOMAS GIBSON DRIVE lies on this distribution: 35% of detached houses houses are smaller than 30 THOMAS GIBSON DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Horncastle.

30 THOMAS GIBSON DRIVE: Plot and Title Map

30 THOMAS GIBSON DRIVE sits on a plot of roughly 0.083 of an acre, or 334m². The below map shows the location of 30 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 30 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 30 THOMAS GIBSON DRIVE?

30 THOMAS GIBSON DRIVE is located in HORNCASTLE, in the LN9 postcode district. The below map shows the position of No. 30 on THOMAS GIBSON DRIVE.