24, FIRST AVENUE, GRANTHAM, NG31 9TN - £154,500

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

24 FIRST AVENUE is a midsized extended semi-detached house of 105m², built sometime between 1983 and 1990. It was last sold for £154,500 in June 2007, which was around 35% below the average June 2007 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

24 FIRST AVENUE Sold Prices

Land registry data shows three sales for 24 FIRST 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 24 FIRST 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
2007 29 JUN	£154,500	£236,995	35% below HPI
2002 16 JUL	£31,000	£145,333	79% below HPI
1999 16 APR	£41,000	£89,617	54% below HPI

24 FIRST 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 24 FIRST AVENUE sales between April 1999 and June 2007 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 July 2002 sale was for 79% below the HPI. So the extrapolation line tracks at 79% below the HPI over time, until the June 2007 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 24 FIRST AVENUE?

24 FIRST AVENUE is 105m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the smallest 50% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 24 FIRST AVENUE lies on this distribution: 43% of detached houses are smaller than 24 FIRST AVENUE, and 57% of houses are larger. Note that EPC data is not available for all properties in Grantham.

24 FIRST AVENUE: Plot and Title Map

24 FIRST AVENUE sits on a plot of roughly 0.050 of an acre, or 204m². The below map shows the location of 24 FIRST 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 24 FIRST 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 24 FIRST AVENUE?

24 FIRST AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 24 on FIRST AVENUE.