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
32 GIBSON DRIVE is a small extended detached house of 93m², built sometime between 1996 and 2002. It was last sold for £295,000 in July 2015, which was around 25% below the average July 2015 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 32 GIBSON DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the five 32 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 |
---|---|---|---|
2015 21 JUL | £295,000 | £392,492 | 25% below HPI |
2007 28 MAR | £240,000 | £314,696 | 24% below HPI |
2005 8 APR | £249,995 | £289,106 | 14% below HPI |
2005 8 MAR | £200,000 | £290,294 | 31% below HPI |
2001 13 JUL | £153,000 | £191,249 | 20% below HPI |
The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The five 32 GIBSON DRIVE sales between July 2001 and July 2015 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 March 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the July 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.
32 GIBSON DRIVE is 93m², which includes two extensions, according to the EPC inspection conducted in March 2016. This puts it in the smallest 30% of detached houses in Leighton Buzzard, based on EPC data. The below chart shows the distribution of detached houses by size in Leighton Buzzard, and where 32 GIBSON DRIVE lies on this distribution: 21% of detached houses are smaller than 32 GIBSON DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.
32 GIBSON DRIVE sits on a plot of roughly 0.050 of an acre, or 201m². The below map shows the location of 32 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 32 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.
32 GIBSON DRIVE is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 32 on GIBSON DRIVE.