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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 41% 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	£266,585	41% below HPI
2013 22 NOV	£107,500	£226,594	53% below HPI
1999 15 OCT	£48,000	£94,207	49% below HPI
1996 29 MAR	£40,000	£66,374	40% 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 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 4 FOURTH AVENUE be worth now?

4 FOURTH AVENUE might now be worth an estimated £218,997.

This is based on house price inflation of 38.2%, between October 2016 and December 2024, for detached houses, in the South Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.2% inflationary increase is applied to the most recent sale price for 4 FOURTH AVENUE of £158,500 on 7th October 2016. For the value to have increased from £158,500 to £218,997 over the seven years and ten months to December 2024, the following assumptions must hold true:

• The value of 4 FOURTH AVENUE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The October 2016 sale price of £158,500 represented a fair market value for the property.
• The size, condition, and specification of 4 FOURTH AVENUE has not materially changed since October 2016.

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 houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 4 FOURTH AVENUE lies on this distribution: 12% of detached houses 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.