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
27 FOURTH AVENUE is a very large extended detached house of 232m², built sometime between 1976 and 1982. It was last sold for £117,900 in August 2003, which was around 35% below the average August 2003 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 27 FOURTH AVENUE since 1st 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 27 FOURTH 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 |
---|---|---|---|
2003 8 AUG | £117,900 | £180,978 | 35% below HPI |
2002 10 JAN | £80,000 | £128,517 | 38% below HPI |
1999 15 OCT | £57,000 | £95,784 | 40% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 27 FOURTH AVENUE sales between October 1999 and August 2003 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 2002 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the August 2003 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.
27 FOURTH AVENUE is 232m², which includes four extensions, according to the EPC inspection conducted in June 2022. 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 27 FOURTH AVENUE lies on this distribution: 98% of detached houses are smaller than 27 FOURTH AVENUE, and 2% of houses are larger. Note that EPC data is not available for all properties in Grantham.
27 FOURTH AVENUE sits on a plot of roughly 0.110 of an acre, or 444m². The below map shows the location of 27 FOURTH 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 27 FOURTH 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.
27 FOURTH AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 27 on FOURTH AVENUE.