59, STEPHENSON AVENUE, GONERBY HILL FOOT, GRANTHAM, NG31 8QB - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

59 STEPHENSON AVENUE is a very small detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £248,714. It was last sold for £220,000 in September 2021, which was around 32% below the average September 2021 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was B.

59 STEPHENSON AVENUE Sold Prices

Land registry data shows two sales for 59 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 59 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
2021 30 SEP	£220,000	£324,215	32% below HPI
2015 1 OCT	£150,000	£250,775	40% below HPI

59 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 59 STEPHENSON AVENUE sales from October 2015 and September 2021 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 2015 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the September 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 59 STEPHENSON AVENUE be worth now?

59 STEPHENSON AVENUE might now be worth an estimated £248,714.

This is based on house price inflation of 13.1%, between September 2021 and March 2025, 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 13.1% inflationary increase is applied to the most recent sale price for 59 STEPHENSON AVENUE of £220,000 on 30th September 2021. For the value to have increased from £220,000 to £248,714 over the four years and six months to March 2025, the following assumptions must hold true:

• The value of 59 STEPHENSON AVENUE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2021 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 59 STEPHENSON AVENUE has not materially changed since September 2021.

How Large is 59 STEPHENSON AVENUE?

59 STEPHENSON AVENUE is 81m² according to the EPC inspection conducted in March 2015. 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 59 STEPHENSON AVENUE lies on this distribution: 19% of detached houses houses are smaller than 59 STEPHENSON AVENUE, and 81% of houses are larger. Note that EPC data is not available for all properties in Grantham.

59 STEPHENSON AVENUE: Plot and Title Map

59 STEPHENSON AVENUE sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 59 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 59 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 59 STEPHENSON AVENUE?

59 STEPHENSON AVENUE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 59 on STEPHENSON AVENUE.