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

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

11 SEVENTH AVENUE is a small extended detached house of 87m², built sometime between 1976 and 1982. It was last sold for £164,000 in February 2019, which was around 45% 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	£298,165	45% below HPI
2006 9 MAR	£106,500	£216,845	51% 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 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the February 2019 sale, where it rises to 45% below the HPI. The line then continues to track at 45% below the HPI.

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 in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 11 SEVENTH AVENUE lies on this distribution: 24% of detached 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.