123, FIFTH AVENUE, GRANTHAM, NG31 9TH - £175,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

123 FIFTH AVENUE is a very small detached house of 61m², built sometime between 1967 and 1975. It was last sold for £175,000 in June 2022, which was around 52% below the average June 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

123 FIFTH AVENUE Sold Prices

Land registry data shows three sales for 123 FIFTH AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 123 FIFTH 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
2022 1 JUN	£175,000	£367,589	52% below HPI
2018 21 SEP	£143,000	£309,614	54% below HPI
2002 8 FEB	£59,000	£127,310	54% below HPI

123 FIFTH 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 three 123 FIFTH AVENUE sales between February 2002 and June 2022 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 September 2018 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the June 2022 sale, where it rises to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 123 FIFTH AVENUE?

123 FIFTH AVENUE is 61m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 123 FIFTH AVENUE lies on this distribution: 5% of detached houses are smaller than 123 FIFTH AVENUE, and 95% of houses are larger. Note that EPC data is not available for all properties in Grantham.

123 FIFTH AVENUE: Plot and Title Map

123 FIFTH AVENUE sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 123 FIFTH 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 123 FIFTH 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 123 FIFTH AVENUE?

123 FIFTH AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 123 on FIFTH AVENUE.