8, GIBSON CLOSE, SLEAFORD, NG34 8BB - £190,000

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

8 GIBSON CLOSE is a large detached house of 118m², built sometime between 1996 and 2002. It was last sold for £190,000 in February 2014, which was around 2% above the average February 2014 detached price in the North Kesteven local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

8 GIBSON CLOSE Sold Prices

Land registry data shows three sales for 8 GIBSON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Two of the three 8 GIBSON CLOSE sales were for above the average price, whilst one was 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
2014 14 FEB	£190,000	£186,057	2% above HPI
2012 27 APR	£172,500	£183,088	6% below HPI
1998 11 DEC	£87,995	£69,993	26% above HPI

8 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 three 8 GIBSON CLOSE sales between December 1998 and February 2014 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 April 2012 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2014 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 8 GIBSON CLOSE?

8 GIBSON CLOSE is 118m² according to the EPC inspection conducted in March 2012. This puts it in the largest 40% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 8 GIBSON CLOSE lies on this distribution: 67% of detached houses are smaller than 8 GIBSON CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

8 GIBSON CLOSE: Plot and Title Map

8 GIBSON CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 8 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 8 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 8 GIBSON CLOSE?

8 GIBSON CLOSE is located in SLEAFORD, in the NG34 postcode district. The below map shows the position of No. 8 on GIBSON CLOSE.