50, FIRST AVENUE, GRANTHAM, NG31 9TN - £95,000

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.

50 FIRST AVENUE is a very small terraced house of 38m², built sometime between 1983 and 1990, which could now be worth an estimated £122,011. It was last sold for £95,000 in May 2019, which was around 36% below the average May 2019 terraced price in the South Kesteven local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

50 FIRST AVENUE Sold Prices

Land registry data shows four sales for 50 FIRST AVENUE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the South Kesteven local authority area for the corresponding sale date. All of the four 50 FIRST 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
2019 31 MAY	£95,000	£147,491	36% below HPI
2016 25 JUL	£79,000	£133,805	41% below HPI
1999 26 NOV	£27,500	£42,878	36% below HPI
1996 16 DEC	£25,500	£33,684	24% below HPI

50 FIRST 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 four 50 FIRST AVENUE sales between December 1996 and May 2019 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 July 2016 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the May 2019 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 50 FIRST AVENUE be worth now?

50 FIRST AVENUE might now be worth an estimated £122,011.

This is based on house price inflation of 28.4%, between May 2019 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 28.4% inflationary increase is applied to the most recent sale price for 50 FIRST AVENUE of £95,000 on 31st May 2019. For the value to have increased from £95,000 to £122,011 over the five years and eleven months to June 2025, the following assumptions must hold true:

• The value of 50 FIRST AVENUE has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The May 2019 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 50 FIRST AVENUE has not materially changed since May 2019.

How Large is 50 FIRST AVENUE?

50 FIRST AVENUE is 38m² according to the EPC inspection conducted in February 2016. 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 50 FIRST AVENUE lies on this distribution: Less than 1% of terraced houses houses are smaller than 50 FIRST AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Grantham.

50 FIRST AVENUE: Plot and Title Map

50 FIRST AVENUE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 50 FIRST 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 50 FIRST 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 50 FIRST AVENUE?

50 FIRST AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 50 on FIRST AVENUE.