8, LYNDEN AVENUE, GONERBY HILL FOOT, GRANTHAM, NG31 8JW - £140,000

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

8 LYNDEN AVENUE is a very small semi-detached house of 72m², built sometime between 1976 and 1982. It was last sold for £140,000 in July 2016, which was around 48% below the average July 2016 detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

8 LYNDEN AVENUE Sold Prices

Land registry data shows two sales for 8 LYNDEN 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 8 LYNDEN 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
2016 1 JUL	£140,000	£266,742	48% below HPI
2002 20 MAY	£70,177	£137,835	49% below HPI

8 LYNDEN 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 8 LYNDEN AVENUE sales from May 2002 and July 2016 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 May 2002 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the July 2016 sale, where it rises to 48% below the HPI. The line then continues to track at 48% below the HPI.

How Large is 8 LYNDEN AVENUE?

8 LYNDEN AVENUE is 72m² according to the EPC inspection conducted in June 2011. This puts it in the smallest 20% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 8 LYNDEN AVENUE lies on this distribution: 11% of detached houses are smaller than 8 LYNDEN AVENUE, and 89% of houses are larger. Note that EPC data is not available for all properties in Grantham.

8 LYNDEN AVENUE: Plot and Title Map

8 LYNDEN AVENUE sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 8 LYNDEN 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 8 LYNDEN 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 8 LYNDEN AVENUE?

8 LYNDEN AVENUE is located in GONERBY HILL FOOT, in the NG31 postcode district. The below map shows the position of No. 8 on LYNDEN AVENUE.