18, SEVENTH AVENUE, GRANTHAM, NG31 9TD - £94,000

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

18 SEVENTH AVENUE is a very small detached house of 56m², built sometime between 1967 and 1975. It was last sold for £94,000 in February 2004, which was around 50% below the average February 2004 detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

18 SEVENTH AVENUE Sold Prices

Land registry data shows two sales for 18 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 18 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
2004 13 FEB	£94,000	£187,515	50% below HPI
1997 27 JUN	£38,000	£77,214	51% below HPI

18 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 18 SEVENTH AVENUE sales from June 1997 and February 2004 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 June 1997 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the February 2004 sale, where it rises to 50% below the HPI. The line then continues to track at 50% below the HPI.

How Large is 18 SEVENTH AVENUE?

18 SEVENTH AVENUE is 56m² according to the EPC inspection conducted in December 2014. 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 18 SEVENTH AVENUE lies on this distribution: 2% of detached houses are smaller than 18 SEVENTH AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Grantham.

18 SEVENTH AVENUE: Plot and Title Map

18 SEVENTH AVENUE sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 18 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 18 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 18 SEVENTH AVENUE?

18 SEVENTH AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 18 on SEVENTH AVENUE.