2, ARNOLD AVENUE, GONERBY HILL FOOT, GRANTHAM, NG31 8HN - £240,000

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

2 ARNOLD AVENUE is a small detached house of 86m², built sometime between 1976 and 1982. It was last sold for £240,000 in December 2023, which was around 35% below the average December 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

2 ARNOLD AVENUE Sold Prices

Land registry data shows three sales for 2 ARNOLD 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 2 ARNOLD 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
2023 13 DEC	£240,000	£366,639	35% below HPI
2023 27 JAN	£170,000	£380,226	55% below HPI
2012 4 SEP	£106,000	£221,098	52% below HPI

2 ARNOLD 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 2 ARNOLD AVENUE sales between September 2012 and December 2023 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 January 2023 sale was for 55% below the HPI. So the extrapolation line tracks at 55% below the HPI over time, until the December 2023 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 2 ARNOLD AVENUE?

2 ARNOLD AVENUE is 86m² according to the EPC inspection conducted in November 2022. 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 2 ARNOLD AVENUE lies on this distribution: 23% of detached houses are smaller than 2 ARNOLD AVENUE, and 77% of houses are larger. Note that EPC data is not available for all properties in Grantham.

2 ARNOLD AVENUE: Plot and Title Map

2 ARNOLD AVENUE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 2 ARNOLD 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 2 ARNOLD 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 2 ARNOLD AVENUE?

2 ARNOLD AVENUE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 2 on ARNOLD AVENUE.