53, STEPHENSON AVENUE, GONERBY HILL FOOT, GRANTHAM, NG31 8QB - £145,000

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

53 STEPHENSON AVENUE is a very small detached house of 62m², built sometime between 1976 and 1982. It was last sold for £145,000 in July 2015, which was around 42% below the average July 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was B.

53 STEPHENSON AVENUE Sold Prices

Land registry data shows two sales for 53 STEPHENSON 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. Both of the two 53 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
2015 20 JUL	£145,000	£250,740	42% below HPI
1999 26 MAR	£54,950	£89,650	39% below HPI

53 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 two 53 STEPHENSON AVENUE sales from March 1999 and July 2015 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 March 1999 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the July 2015 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

How Large is 53 STEPHENSON AVENUE?

53 STEPHENSON AVENUE is 62m² according to the EPC inspection conducted in November 2015. 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 53 STEPHENSON AVENUE lies on this distribution: 5% of detached houses are smaller than 53 STEPHENSON AVENUE, and 94% of houses are larger. Note that EPC data is not available for all properties in Grantham.

53 STEPHENSON AVENUE: Plot and Title Map

53 STEPHENSON AVENUE sits on a plot of roughly 0.091 of an acre, or 366m². The below map shows the location of 53 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 53 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 53 STEPHENSON AVENUE?

53 STEPHENSON AVENUE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 53 on STEPHENSON AVENUE.