5, GIBSON CLOSE, SLEAFORD, NG34 8BB - £171,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 GIBSON CLOSE is a large detached house of 116m², built sometime between 1996 and 2002, which could now be worth an estimated £275,941. It was last sold for £171,000 in February 2007, which was around 9% below the average February 2007 detached price in the North Kesteven local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

5 GIBSON CLOSE Sold Prices

Land registry data shows two sales for 5 GIBSON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the two 5 GIBSON CLOSE 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
2007 7 FEB	£171,000	£187,613	9% below HPI
1999 20 AUG	£76,995	£72,143	7% above HPI

5 GIBSON CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 5 GIBSON CLOSE sales from August 1999 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 August 1999 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2007 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 5 GIBSON CLOSE be worth now?

5 GIBSON CLOSE might now be worth an estimated £275,941.

This is based on house price inflation of 61.4%, between February 2007 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 61.4% inflationary increase is applied to the most recent sale price for 5 GIBSON CLOSE of £171,000 on 7th February 2007. For the value to have increased from £171,000 to £275,941 over the eighteen years to February 2025, the following assumptions must hold true:

• The value of 5 GIBSON CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The February 2007 sale price of £171,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GIBSON CLOSE has not materially changed since February 2007.

How Large is 5 GIBSON CLOSE?

5 GIBSON CLOSE is 116m² according to the EPC inspection conducted in September 2014. This puts it in the largest 40% of detached houses houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sleaford, and where 5 GIBSON CLOSE lies on this distribution: 64% of detached houses houses are smaller than 5 GIBSON CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

5 GIBSON CLOSE: Plot and Title Map

5 GIBSON CLOSE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 5 GIBSON CLOSE, 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 5 GIBSON CLOSE). 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 5 GIBSON CLOSE?

5 GIBSON CLOSE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 5 on GIBSON CLOSE.