AVALAN, GORSE RISE, GRANTHAM, NG31 9BS - £236,500

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

AVALAN is a large detached house of 131m², built sometime between 1930 and 1949. It was last sold for £236,500 in November 2013, which was around 3% above the average November 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was C.

AVALAN Sold Prices

Land registry data shows four sales for AVALAN since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Most of the four AVALAN sales were 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
2013 19 NOV	£236,500	£230,386	3% above HPI
2005 9 SEP	£233,000	£216,587	8% above HPI
2004 5 MAY	£199,950	£190,354	5% above HPI
1997 23 MAY	£52,500	£76,680	32% below HPI

AVALAN 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 four AVALAN sales between May 1997 and November 2013 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 September 2005 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2013 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is AVALAN?

AVALAN is 131m² according to the EPC inspection conducted in May 2013. 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 AVALAN lies on this distribution: 70% of detached houses are smaller than AVALAN, and 30% of houses are larger. Note that EPC data is not available for all properties in Grantham.

AVALAN: Plot and Title Map

AVALAN sits on a plot of roughly 0.163 of an acre, or 659m². The below map shows the location of AVALAN, 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 AVALAN). 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 AVALAN?

AVALAN is located on GORSE RISE in GRANTHAM, in the NG31 postcode district. The below map shows the position of AVALAN on GORSE RISE.