36, FIRST AVENUE, GRANTHAM, NG31 9TN - £220,000

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

36 FIRST AVENUE is a very small extended detached house of 78m², built sometime between 1976 and 1982. It was last sold for £220,000 in August 2024, which was around 41% below the average August 2024 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

36 FIRST AVENUE Sold Prices

Land registry data shows three sales for 36 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 36 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
2024 7 AUG	£220,000	£372,962	41% below HPI
2017 7 APR	£156,000	£275,057	43% below HPI
2004 23 APR	£129,950	£190,867	32% below HPI

36 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 36 FIRST AVENUE sales between April 2004 and August 2024 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 April 2017 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the August 2024 sale, where it rises to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 36 FIRST AVENUE?

36 FIRST AVENUE is 78m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 36 FIRST AVENUE lies on this distribution: 16% of detached houses are smaller than 36 FIRST AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in Grantham.

36 FIRST AVENUE: Plot and Title Map

36 FIRST AVENUE sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 36 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 36 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 36 FIRST AVENUE?

36 FIRST AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 36 on FIRST AVENUE.