21, SECOND AVENUE, GRANTHAM, NG31 9TP - £100,000

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.

21 SECOND AVENUE is a very small terraced house of 52m², built sometime between 1976 and 1982, which could now be worth an estimated £176,464. It was last sold for £100,000 in April 2011, which was around 7% below the average April 2011 terraced price in the South Kesteven local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

21 SECOND AVENUE Sold Prices

Land registry data shows two sales for 21 SECOND AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Kesteven local authority area for the corresponding sale date. Both of the two 21 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
2011 4 APR	£100,000	£107,346	7% below HPI
1999 18 JUN	£40,000	£40,944	2% below HPI

21 SECOND AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Kesteven local authority area over time, sourced from the HPI. The two 21 SECOND AVENUE sales from June 1999 and April 2011 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 June 1999 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the April 2011 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 21 SECOND AVENUE be worth now?

21 SECOND AVENUE might now be worth an estimated £176,464.

This is based on house price inflation of 76.5%, between April 2011 and June 2025, for terraced 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 76.5% inflationary increase is applied to the most recent sale price for 21 SECOND AVENUE of £100,000 on 4th April 2011. For the value to have increased from £100,000 to £176,464 over the thirteen years and ten months to June 2025, the following assumptions must hold true:

• The value of 21 SECOND AVENUE has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The April 2011 sale price of £100,000 represented a fair market value for the property.
• The size, condition, and specification of 21 SECOND AVENUE has not materially changed since April 2011.

How Large is 21 SECOND AVENUE?

21 SECOND AVENUE is 52m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 10% of terraced houses houses in Grantham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Grantham, and where 21 SECOND AVENUE lies on this distribution: 1% of terraced houses houses are smaller than 21 SECOND AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Grantham.

21 SECOND AVENUE: Plot and Title Map

21 SECOND AVENUE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 21 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 21 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 21 SECOND AVENUE?

21 SECOND AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 21 on SECOND AVENUE.