40, GIBSON DRIVE, LEIGHTON BUZZARD, LU7 4NZ - £415,000

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

40 GIBSON DRIVE is a midsized extended detached house of 122m², built sometime between 1996 and 2002. It was last sold for £415,000 in March 2021, which was around 16% below the average March 2021 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

40 GIBSON DRIVE Sold Prices

Land registry data shows three sales for 40 GIBSON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 40 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
2021 1 MAR	£415,000	£494,175	16% below HPI
2005 4 MAY	£232,000	£288,420	20% below HPI
2001 17 JUL	£154,000	£191,249	19% below HPI

40 GIBSON DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Central Bedfordshire local authority area over time, sourced from the HPI. The three 40 GIBSON DRIVE sales between July 2001 and March 2021 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 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2021 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 40 GIBSON DRIVE?

40 GIBSON DRIVE is 122m², which includes one extension, according to the EPC inspection conducted in August 2020. This puts it in the largest 40% 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 40 GIBSON DRIVE lies on this distribution: 60% of detached houses are smaller than 40 GIBSON DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

40 GIBSON DRIVE: Plot and Title Map

40 GIBSON DRIVE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 40 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 40 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 40 GIBSON DRIVE?

40 GIBSON DRIVE is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 40 on GIBSON DRIVE.