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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 8% 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	£464,035	8% above HPI
2019 13 SEP	£306,000	£388,827	21% below HPI
2003 28 JAN	£292,000	£235,235	24% above HPI
1997 30 OCT	£155,000	£118,569	31% above HPI
1995 16 JUN	£130,000	£97,988	33% 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 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2024 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 7 GIBBS CLOSE be worth now?

7 GIBBS CLOSE might now be worth an estimated £511,939.

This is based on house price inflation of 2.4%, between May 2024 and December 2024, for detached houses, in the Wychavon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.4% inflationary increase is applied to the most recent sale price for 7 GIBBS CLOSE of £500,000 on 31st May 2024. For the value to have increased from £500,000 to £511,939 over the five months to December 2024, the following assumptions must hold true:

• The value of 7 GIBBS CLOSE has moved in line with the HPI for detached houses in the Wychavon local authority area.
• The May 2024 sale price of £500,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GIBBS CLOSE has not materially changed since May 2024.

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 houses in Lower Moor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lower Moor, and where 7 GIBBS CLOSE lies on this distribution: 52% of detached houses 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.