18, STEPHENSON AVENUE, GONERBY HILL FOOT, GRANTHAM, NG31 8QA - £340,000

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

18 STEPHENSON AVENUE is a very large extended detached house of 185m², built sometime between 1967 and 1975. It was last sold for £340,000 in November 2019, which was around 11% above the average November 2019 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was C.

18 STEPHENSON AVENUE Sold Prices

Land registry data shows two sales for 18 STEPHENSON 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 STEPHENSON AVENUE sales were for above 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 13 NOV	£340,000	£305,519	11% above HPI
2011 1 FEB	£220,250	£209,257	5% above HPI

18 STEPHENSON 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 STEPHENSON AVENUE sales from February 2011 and November 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 February 2011 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the November 2019 sale, where it rises to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 18 STEPHENSON AVENUE?

18 STEPHENSON AVENUE is 185m², which includes three extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 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 STEPHENSON AVENUE lies on this distribution: 92% of detached houses are smaller than 18 STEPHENSON AVENUE, and 8% of houses are larger. Note that EPC data is not available for all properties in Grantham.

18 STEPHENSON AVENUE: Plot and Title Map

18 STEPHENSON AVENUE sits on a plot of roughly 0.166 of an acre, or 673m². The below map shows the location of 18 STEPHENSON 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 STEPHENSON 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 STEPHENSON AVENUE?

18 STEPHENSON AVENUE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 18 on STEPHENSON AVENUE.