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
48 GIBSON DRIVE is a very small detached house of 89m², built sometime between 1991 and 1995. It was last sold for £233,000 in February 2007, which was around 26% below the average February 2007 detached price in the Central Bedfordshire local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.
Land registry data shows three sales for 48 GIBSON DRIVE since 1st 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 48 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 |
---|---|---|---|
2007 23 FEB | £233,000 | £316,595 | 26% below HPI |
2004 21 MAY | £219,000 | £276,241 | 21% below HPI |
2001 31 JAN | £144,000 | £183,597 | 22% 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 three 48 GIBSON DRIVE sales between January 2001 and February 2007 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 2004 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the February 2007 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
48 GIBSON DRIVE is 89m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% 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 48 GIBSON DRIVE lies on this distribution: 17% of detached houses are smaller than 48 GIBSON DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Leighton Buzzard.
48 GIBSON DRIVE sits on a plot of roughly 0.073 of an acre, or 295m². The below map shows the location of 48 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 48 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.
48 GIBSON DRIVE is located in LEIGHTON BUZZARD, in the LU7 postcode district. The below map shows the position of No. 48 on GIBSON DRIVE.