4, FOURTH AVENUE, GRANTHAM, NG31 9TS - £158,500

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

4 FOURTH AVENUE is a very small extended detached house of 74m², built sometime between 1976 and 1982. It was last sold for £158,500 in October 2016, which was around 42% below the average October 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2013, where the current energy rating was E, and the potential energy rating was C.

4 FOURTH AVENUE Sold Prices

Land registry data shows four sales for 4 FOURTH AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 4 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
2016 7 OCT	£158,500	£271,047	42% below HPI
2013 22 NOV	£107,500	£230,386	53% below HPI
1999 15 OCT	£48,000	£95,784	50% below HPI
1996 29 MAR	£40,000	£67,485	41% below HPI

4 FOURTH 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 four 4 FOURTH AVENUE sales between March 1996 and October 2016 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 November 2013 sale was for 53% below the HPI. So the extrapolation line tracks at 53% below the HPI over time, until the October 2016 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 4 FOURTH AVENUE?

4 FOURTH AVENUE is 74m², which includes one extension, according to the EPC inspection conducted in August 2013. 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 4 FOURTH AVENUE lies on this distribution: 12% of detached houses are smaller than 4 FOURTH AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Grantham.

4 FOURTH AVENUE: Plot and Title Map

4 FOURTH AVENUE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 4 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 4 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.

Where is 4 FOURTH AVENUE?

4 FOURTH AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 4 on FOURTH AVENUE.