16 Gibsons Gardens, North Somercotes, Louth, LN11 7QH is a freehold detached property built between 1983-1990. The property offers approximately 786 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £178,981 , which equates to approximately £228 per square foot. It was last sold on 24 May 2018 for £137,000. Since then, the value has increased by £41,981, representing a 30.6% increase, or approximately 4.1% per year.

The current estimated value of £178,981 is:

  • 16.4% lower than the average property price on Gibsons Gardens
  • 17.5% lower than the average in the LN11 7QH postcode area
  • and 26.3% lower than the average price for Louth as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 29 January 2024, the property was recorded as owner-occupied.

View sold house prices in LN11 7QH

Building approximate location

About Property

Type
Detached Bungalow
Built
1983-1990
Interior Size
786 sq ft
Tenure
Freehold
Price (estimate)
£178,981
Price Per sq ft (estimate)
£228
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16 Gibsons Gardens, North Somercotes, Louth, East Lindsey, Lincolnshire, LN11 7QH has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 29 Jan 2024.

This property uses an LPG-fired boiler with radiators as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 5 Jul 2017, when the property was rated G. Since then, the rating has improved to E, with the energy efficiency score increasing by 163.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from very poor to poor, while the heating system type remained the same (boiler and radiators, lpg).
  • The hot water system changed from from main system to electric instantaneous at point of use, with no change in energy efficiency (very poor).
  • The roof construction or insulation changed from pitched, 300 mm loft insulation to pitched, 250 mm loft insulation, changing energy efficiency from very good to good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from poor to good.
Heating Type
Boiler and radiators, LPG
Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LN11 7QH

2 nd / 17
Price Rank
17% lower than average
6 th / 12
Size Rank
2% smaller than average
3 rd / 12
Price Per Sq FT Rank
16% lower than average

Compared to other properties in LN11 7QH , this bungalow's estimated value ranks 2nd out of 17. Based on price per square foot, it ranks 3rd out of 12 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 6th out of 12 properties in its postcode area.

Sale History

Today
£178,981
streetscan.co.uk estimate
+31 %
24 May 2018
£137,000
Leasehold
+163.5 %
14 Feb 1996
£52,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 703 sq ft
sale price: £247,000
sale date: 2 Sep 2022
rooms: 4
size: 732 sq ft
sale price: £140,000
sale date: 5 Oct 2018
rooms: 4
size: 732 sq ft
sale price: £145,000
sale date: 17 Oct 2017
rooms: 4
size: 807 sq ft
sale price: £125,000
sale date: 24 Jul 2015
rooms: 4
size: 797 sq ft
sale price: £121,000
sale date: 23 Jul 2014

Data Sources

The property at 16 Gibsons Gardens, North Somercotes, Louth, LN11 7QH appears two times in the Land Registry records, with the latest transaction recorded on 24 May 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Jan 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.