7, GIBSON DRIVE, RUGBY, CV21 4LJ - £238,500

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 GIBSON DRIVE is a very small extended detached house of 78m², built sometime between 1967 and 1975, which could now be worth an estimated £399,978. It was last sold for £238,500 in March 2015, which was around 16% below the average March 2015 detached price in the Rugby local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

7 GIBSON DRIVE Sold Prices

Land registry data shows three sales for 7 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 Rugby local authority area for the corresponding sale date. All of the three 7 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
2015 27 MAR	£238,500	£284,525	16% below HPI
2014 15 JUL	£170,000	£281,649	40% below HPI
1997 18 JUL	£60,000	£97,770	39% below HPI

7 GIBSON DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The three 7 GIBSON DRIVE sales between July 1997 and March 2015 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 July 2014 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the March 2015 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 7 GIBSON DRIVE be worth now?

7 GIBSON DRIVE might now be worth an estimated £399,978.

This is based on house price inflation of 67.7%, between March 2015 and February 2025, for detached houses, in the Rugby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 67.7% inflationary increase is applied to the most recent sale price for 7 GIBSON DRIVE of £238,500 on 27th March 2015. For the value to have increased from £238,500 to £399,978 over the ten years and one month to February 2025, the following assumptions must hold true:

• The value of 7 GIBSON DRIVE has moved in line with the HPI for detached houses in the Rugby local authority area.
• The March 2015 sale price of £238,500 represented a fair market value for the property.
• The size, condition, and specification of 7 GIBSON DRIVE has not materially changed since March 2015.

How Large is 7 GIBSON DRIVE?

7 GIBSON DRIVE is 78m², which includes two extensions, according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Rugby, and where 7 GIBSON DRIVE lies on this distribution: 9% of detached houses houses are smaller than 7 GIBSON DRIVE, and 91% of houses are larger. Note that EPC data is not available for all properties in Rugby.

7 GIBSON DRIVE: Plot and Title Map

7 GIBSON DRIVE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 7 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 7 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 7 GIBSON DRIVE?

7 GIBSON DRIVE is located in RUGBY, in the CV21 postcode district. The below map shows the position of No. 7 on GIBSON DRIVE.