Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
97 GIBSON DRIVE is a very small detached house of 59m², built sometime between 1967 and 1975. It was last sold for £238,000 in October 2018, which was around 37% below the average October 2018 detached price in the Rugby local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 97 GIBSON DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Rugby local authority area for the corresponding sale date. All of the five 97 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 |
---|---|---|---|
2018 3 OCT | £238,000 | £378,483 | 37% below HPI |
2014 27 JUN | £185,000 | £286,358 | 35% below HPI |
2005 14 JAN | £160,000 | £262,560 | 39% below HPI |
2000 20 DEC | £88,500 | £142,048 | 38% below HPI |
1998 5 JUN | £65,000 | £105,792 | 39% below HPI |
The below graph shows the average detached house price in the Rugby local authority area over time, sourced from the HPI. The five 97 GIBSON DRIVE sales between June 1998 and October 2018 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 June 2014 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2018 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.
97 GIBSON DRIVE is 59m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Rugby, based on EPC data. The below chart shows the distribution of detached houses by size in Rugby, and where 97 GIBSON DRIVE lies on this distribution: 2% of detached houses are smaller than 97 GIBSON DRIVE, and 98% of houses are larger. Note that EPC data is not available for all properties in Rugby.
97 GIBSON DRIVE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 97 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 97 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.
97 GIBSON DRIVE is located in RUGBY, in the CV21 postcode district. The below map shows the position of No. 97 on GIBSON DRIVE.