40, SECOND AVENUE, GRANTHAM, NG31 9TP - £58,950

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.

40 SECOND AVENUE is a semi-detached house, which could now be worth an estimated £197,720. It was last sold for £58,950 in September 2001, which was around 18% below the average September 2001 semi-detached price in the South Kesteven local authority area.

40 SECOND AVENUE Sold Prices

Land registry data shows two sales for 40 SECOND AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 40 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
2001 14 SEP	£58,950	£71,491	18% below HPI
1999 14 DEC	£49,000	£56,097	13% below HPI

What might 40 SECOND AVENUE be worth now?

40 SECOND AVENUE might now be worth an estimated £197,720.

This is based on house price inflation of 235.4%, between September 2001 and April 2026, 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 235.4% inflationary increase is applied to the most recent sale price for 40 SECOND AVENUE of £58,950 on 14th September 2001. For the value to have increased from £58,950 to £197,720 over the 25 years and five months to April 2026, the following assumptions must hold true:

• The value of 40 SECOND AVENUE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The September 2001 sale price of £58,950 represented a fair market value for the property.
• The size, condition, and specification of 40 SECOND AVENUE has not materially changed since September 2001.

Where is 40 SECOND AVENUE?

40 SECOND AVENUE is located in GRANTHAM, in the NG31 postcode district.