15, SEVENTH AVENUE, GRANTHAM, NG31 9TD - £157,000

15 SEVENTH AVENUE is a very small detached house of 60m², built sometime between 1976 and 1982. It was last sold for £157,000 in December 2017, which was around 46% below the average December 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

15 SEVENTH AVENUE Sold Prices

Land registry data shows four sales for 15 SEVENTH AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 15 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
2017 7 DEC	£157,000	£288,678	46% below HPI
2013 2 AUG	£105,500	£231,014	54% below HPI
2012 16 MAR	£100,000	£217,734	54% below HPI
1999 27 APR	£42,000	£89,617	53% below HPI

15 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 four 15 SEVENTH AVENUE sales between April 1999 and December 2017 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 August 2013 sale was for 54% below the HPI. So the extrapolation line tracks at 54% below the HPI over time, until the December 2017 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 15 SEVENTH AVENUE?

15 SEVENTH AVENUE is 60m² according to the EPC inspection conducted in July 2017. 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 15 SEVENTH AVENUE lies on this distribution: 4% of detached houses are smaller than 15 SEVENTH AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Grantham.

15 SEVENTH AVENUE: Plot and Title Map

15 SEVENTH AVENUE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 15 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 15 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 15 SEVENTH AVENUE?

15 SEVENTH AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 15 on SEVENTH AVENUE.