7, GIBBS CLOSE, LOWER MOOR, PERSHORE, WR10 2NQ - £500,000

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

7 GIBBS CLOSE is a midsized detached house of 137m², built sometime between 1991 and 1995. It was last sold for £500,000 in May 2024, which was around 3% above the average May 2024 detached price in the Wychavon local authority area. The most recent EPC inspection was May 2023, where the current energy rating was B, and the potential energy rating was B.

7 GIBBS CLOSE Sold Prices

Land registry data shows five sales for 7 GIBBS CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Wychavon local authority area for the corresponding sale date. Most of the five 7 GIBBS CLOSE sales were 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
2024 31 MAY	£500,000	£484,585	3% above HPI
2019 13 SEP	£306,000	£395,186	23% below HPI
2003 28 JAN	£292,000	£239,083	22% above HPI
1997 30 OCT	£155,000	£120,508	29% above HPI
1995 16 JUN	£130,000	£99,590	31% above HPI

7 GIBBS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wychavon local authority area over time, sourced from the HPI. The five 7 GIBBS CLOSE sales between June 1995 and May 2024 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 September 2019 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the May 2024 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 7 GIBBS CLOSE?

7 GIBBS CLOSE is 137m² according to the EPC inspection conducted in May 2023. This puts it in the largest 50% of detached houses in Lower Moor, based on EPC data. The below chart shows the distribution of detached houses by size in Lower Moor, and where 7 GIBBS CLOSE lies on this distribution: 51% of detached houses are smaller than 7 GIBBS CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Lower Moor.

7 GIBBS CLOSE: Plot and Title Map

7 GIBBS CLOSE sits on a plot of roughly 0.147 of an acre, or 595m². The below map shows the location of 7 GIBBS 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 7 GIBBS 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 7 GIBBS CLOSE?

7 GIBBS CLOSE is located in LOWER MOOR, in the WR10 postcode district. The below map shows the position of No. 7 on GIBBS CLOSE.