5, LEWES AVENUE, GRANTHAM, NG31 8UQ - £361,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

5 LEWES AVENUE is a large detached house of 139m². It was last sold for £361,000 in November 2022, which was around 5% below the average November 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2014, where the current energy rating was B, and the potential energy rating was A.

5 LEWES AVENUE Sold Prices

Land registry data shows two sales for 5 LEWES AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. One of the two 5 LEWES AVENUE sales was for below the average price, whilst the other was for above 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 25 NOV	£361,000	£381,399	5% below HPI
2014 31 OCT	£279,995	£237,517	18% above HPI

5 LEWES 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 two 5 LEWES AVENUE sales from October 2014 and November 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 October 2014 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the November 2022 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 5 LEWES AVENUE?

5 LEWES AVENUE is 139m² according to the EPC inspection conducted in October 2014. This puts it in the largest 30% 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 LEWES AVENUE lies on this distribution: 75% of detached houses are smaller than 5 LEWES AVENUE, and 24% of houses are larger. Note that EPC data is not available for all properties in Grantham.

5 LEWES AVENUE: Plot and Title Map

5 LEWES AVENUE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 5 LEWES 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 LEWES 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 5 LEWES AVENUE?

5 LEWES AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 5 on LEWES AVENUE.