11, SEVENTH AVENUE, GRANTHAM, NG31 9TD - £164,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 SEVENTH AVENUE is a small extended detached house of 87m², built sometime between 1976 and 1982, which could now be worth an estimated £203,931. It was last sold for £164,000 in February 2019, which was around 44% below the average February 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2018, where the current energy rating was C, and the potential energy rating was B.

11 SEVENTH AVENUE Sold Prices

Land registry data shows two sales for 11 SEVENTH AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 11 SEVENTH AVENUE 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
2019 1 FEB	£164,000	£293,257	44% below HPI
2006 9 MAR	£106,500	£213,275	50% below HPI

11 SEVENTH AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The two 11 SEVENTH AVENUE sales from March 2006 and February 2019 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 March 2006 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the February 2019 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

What might 11 SEVENTH AVENUE be worth now?

11 SEVENTH AVENUE might now be worth an estimated £203,931.

This is based on house price inflation of 24.3%, between February 2019 and February 2025, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.3% inflationary increase is applied to the most recent sale price for 11 SEVENTH AVENUE of £164,000 on 1st February 2019. For the value to have increased from £164,000 to £203,931 over the six years to February 2025, the following assumptions must hold true:

• The value of 11 SEVENTH AVENUE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The February 2019 sale price of £164,000 represented a fair market value for the property.
• The size, condition, and specification of 11 SEVENTH AVENUE has not materially changed since February 2019.

How Large is 11 SEVENTH AVENUE?

11 SEVENTH AVENUE is 87m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the smallest 30% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 11 SEVENTH AVENUE lies on this distribution: 24% of detached houses houses are smaller than 11 SEVENTH AVENUE, and 75% of houses are larger. Note that EPC data is not available for all properties in Grantham.

11 SEVENTH AVENUE: Plot and Title Map

11 SEVENTH AVENUE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 11 SEVENTH AVENUE, 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 11 SEVENTH AVENUE). 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 11 SEVENTH AVENUE?

11 SEVENTH AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 11 on SEVENTH AVENUE.