45, STEPHENSON AVENUE, GONERBY HILL FOOT, GRANTHAM, NG31 8QA - £240,000

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

45 STEPHENSON AVENUE is a very small semi-detached house of 67m², built sometime between 1950 and 1966. It was last sold for £240,000 in May 2022, which was around 35% below the average May 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

45 STEPHENSON AVENUE Sold Prices

Land registry data shows five sales for 45 STEPHENSON AVENUE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 45 STEPHENSON 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
2022 23 MAY	£240,000	£370,449	35% below HPI
2014 7 NOV	£133,000	£237,784	44% below HPI
2001 12 APR	£67,995	£117,024	42% below HPI
2000 27 OCT	£60,000	£109,645	45% below HPI
1996 31 JUL	£45,500	£73,113	38% below HPI

45 STEPHENSON 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 five 45 STEPHENSON AVENUE sales between July 1996 and May 2022 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 2014 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the May 2022 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 45 STEPHENSON AVENUE?

45 STEPHENSON AVENUE is 67m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 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 45 STEPHENSON AVENUE lies on this distribution: 7% of detached houses are smaller than 45 STEPHENSON AVENUE, and 92% of houses are larger. Note that EPC data is not available for all properties in Grantham.

45 STEPHENSON AVENUE: Plot and Title Map

45 STEPHENSON AVENUE sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 45 STEPHENSON 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 45 STEPHENSON 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 45 STEPHENSON AVENUE?

45 STEPHENSON AVENUE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 45 on STEPHENSON AVENUE.