45, SECOND AVENUE, GRANTHAM, NG31 9TP - £155,000

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.

45 SECOND AVENUE is a very small semi-detached house of 50m², built sometime between 1983 and 1990, which could now be worth an estimated £181,397. It was last sold for £155,000 in August 2021, which was around 24% below the average August 2021 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

45 SECOND AVENUE Sold Prices

Land registry data shows one sale for 45 SECOND AVENUE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 27 AUG	£155,000	£204,890	24% below HPI

What might 45 SECOND AVENUE be worth now?

45 SECOND AVENUE might now be worth an estimated £181,397.

This is based on house price inflation of 17%, between August 2021 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 17% inflationary increase is applied to the most recent sale price for 45 SECOND AVENUE of £155,000 on 27th August 2021. For the value to have increased from £155,000 to £181,397 over the five years and four months to April 2026, the following assumptions must hold true:

• The value of 45 SECOND AVENUE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The August 2021 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 45 SECOND AVENUE has not materially changed since August 2021.

How Large is 45 SECOND AVENUE?

45 SECOND AVENUE is 50m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 10% of semi-detached houses in Grantham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Grantham, and where 45 SECOND AVENUE lies on this distribution: 4% of semi-detached houses are smaller than 45 SECOND AVENUE, and 96% of semi-detached houses are larger. Note that EPC data is not available for all properties in Grantham.

45 SECOND AVENUE: Plot

45 SECOND AVENUE sits on a plot of roughly 0.063 of an acre, or 253m².

Where is 45 SECOND AVENUE?

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