8 Gibsons Gardens, North Somercotes, Louth, LN11 7QH is a freehold detached property built between 1983-1990. The property offers approximately 732 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 £189,432 , which equates to approximately £259 per square foot. It was last sold on 17 Oct 2017 for £145,000. Since then, the value has increased by £44,432, representing a 30.6% increase, or approximately 3.8% per year.

The current estimated value of £189,432 is:

  • 11.5% lower than the average property price on Gibsons Gardens
  • 12.7% lower than the average in the LN11 7QH postcode area
  • and 22.0% 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 2 June 2017, 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
732 sq ft
Tenure
Freehold
Price (estimate)
£189,432
Price Per sq ft (estimate)
£259
Bedroom Count (estimate)
2 bedrooms

EPC Summary

8 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 2 Jun 2017.

This property uses an oil-fired boiler with radiators as its main heating source. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 2 Jun 2017. The rating of E is unchanged, though the energy efficiency score decreased by 20.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to boiler and radiators, oil, changing energy efficiency from good to poor.
  • The hot water energy efficiency changing from poor to very poor, while the system remained as from main system, no cylinder thermostat.
Heating Type
Boiler and radiators, oil
Poor
Hot Water
From main system, no cylinder thermostat
Very Poor
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 17% of fixed outlets
Poor

Compared to LN11 7QH

15 th / 17
Price Rank
13% lower than average
10 th / 12
Size Rank
8% smaller than average
7 th / 12
Price Per Sq FT Rank
5% lower than average

Compared to other properties in LN11 7QH , this bungalow's estimated value ranks 15th out of 17. Based on price per square foot, it ranks 7th out of 12 properties. In terms of size, this home ranks 10th out of 12 properties in its postcode area.

Sale History

Today
£189,432
streetscan.co.uk estimate
+31 %
17 Oct 2017
£145,000
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: 786 sq ft
sale price: £137,000
sale date: 24 May 2018
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 8 Gibsons Gardens, North Somercotes, Louth, East Lindsey, Lincolnshire, LN11 7QH appears once in the Land Registry records, with the transaction recorded on 17 Oct 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Jun 2017. 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.