63, SECOND AVENUE, GRANTHAM, NG31 9TP - £195,000

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

63 SECOND AVENUE is a small detached house of 98m², built sometime between 1976 and 1982. It was last sold for £195,000 in September 2020, which was around 37% below the average September 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

63 SECOND AVENUE Sold Prices

Land registry data shows two sales for 63 SECOND 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 63 SECOND 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
2020 2 SEP	£195,000	£307,809	37% below HPI
1998 23 JAN	£57,500	£83,783	31% below HPI

63 SECOND 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 63 SECOND AVENUE sales from January 1998 and September 2020 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 1998 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the September 2020 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 63 SECOND AVENUE?

63 SECOND AVENUE is 98m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 63 SECOND AVENUE lies on this distribution: 34% of detached houses are smaller than 63 SECOND AVENUE, and 64% of houses are larger. Note that EPC data is not available for all properties in Grantham.

63 SECOND AVENUE: Plot and Title Map

63 SECOND AVENUE sits on a plot of roughly 0.105 of an acre, or 426m². The below map shows the location of 63 SECOND 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 63 SECOND 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 63 SECOND AVENUE?

63 SECOND AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 63 on SECOND AVENUE.