36, SECOND AVENUE, GRANTHAM, NG31 9TP - £147,950

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.

36 SECOND AVENUE is a very small semi-detached house of 66m², built sometime between 1991 and 1995, which could now be worth an estimated £184,112. It was last sold for £147,950 in July 2020, which was around 22% below the average July 2020 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

36 SECOND AVENUE Sold Prices

Land registry data shows four sales for 36 SECOND AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the four 36 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 21 JUL	£147,950	£190,305	22% below HPI
2014 10 OCT	£114,000	£148,051	23% below HPI
2001 7 SEP	£57,995	£71,491	19% below HPI
1999 26 FEB	£43,000	£53,415	19% below HPI

36 SECOND AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The four 36 SECOND AVENUE sales between February 1999 and July 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 October 2014 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2020 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 36 SECOND AVENUE be worth now?

36 SECOND AVENUE might now be worth an estimated £184,112.

This is based on house price inflation of 24.4%, between July 2020 and June 2025, for semi-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 24.4% inflationary increase is applied to the most recent sale price for 36 SECOND AVENUE of £147,950 on 21st July 2020. For the value to have increased from £147,950 to £184,112 over the five years and one month to June 2025, the following assumptions must hold true:

• The value of 36 SECOND AVENUE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The July 2020 sale price of £147,950 represented a fair market value for the property.
• The size, condition, and specification of 36 SECOND AVENUE has not materially changed since July 2020.

How Large is 36 SECOND AVENUE?

36 SECOND AVENUE is 66m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% of semi-detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grantham, and where 36 SECOND AVENUE lies on this distribution: 7% of semi-detached houses houses are smaller than 36 SECOND AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Grantham.

36 SECOND AVENUE: Plot and Title Map

36 SECOND AVENUE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 36 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 36 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 36 SECOND AVENUE?

36 SECOND AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 36 on SECOND AVENUE.