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
5 HUNT LEA AVENUE is a midsized extended detached house of 108m², built sometime between 1967 and 1975. It was last sold for £212,000 in November 2017, which was around 27% below the average November 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2022, where the current energy rating was E, and the potential energy rating was D.
Land registry data shows three sales for 5 HUNT LEA 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 5 HUNT LEA 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 |
---|---|---|---|
2017 3 NOV | £212,000 | £289,662 | 27% below HPI |
2000 24 JAN | £59,500 | £94,625 | 37% below HPI |
1997 4 JUL | £57,500 | £78,035 | 26% 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 5 HUNT LEA AVENUE sales between July 1997 and November 2017 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 2000 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2017 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.
5 HUNT LEA AVENUE is 108m², which includes two extensions, according to the EPC inspection conducted in October 2022. This puts it in the smallest 50% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 5 HUNT LEA AVENUE lies on this distribution: 45% of detached houses are smaller than 5 HUNT LEA AVENUE, and 53% of houses are larger. Note that EPC data is not available for all properties in Grantham.
5 HUNT LEA AVENUE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 5 HUNT LEA 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 5 HUNT LEA 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.
5 HUNT LEA AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 5 on HUNT LEA AVENUE.