28, SECOND AVENUE, GRANTHAM, NG31 9TP - £110,000

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.

28 SECOND AVENUE is a very small semi-detached house of 48m², built sometime between 1950 and 1966, which could now be worth an estimated £166,669. It was last sold for £110,000 in September 2015, which was around 29% below the average September 2015 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was B.

28 SECOND AVENUE Sold Prices

Land registry data shows one sale for 28 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
2015 8 SEP	£110,000	£155,927	29% below HPI

What might 28 SECOND AVENUE be worth now?

28 SECOND AVENUE might now be worth an estimated £166,669.

This is based on house price inflation of 51.5%, between September 2015 and May 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 51.5% inflationary increase is applied to the most recent sale price for 28 SECOND AVENUE of £110,000 on 8th September 2015. For the value to have increased from £110,000 to £166,669 over the eleven years and four months to May 2026, the following assumptions must hold true:

• The value of 28 SECOND AVENUE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The September 2015 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 28 SECOND AVENUE has not materially changed since September 2015.

How Large is 28 SECOND AVENUE?

28 SECOND AVENUE is 48m² according to the EPC inspection conducted in December 2013. 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 28 SECOND AVENUE lies on this distribution: 2% of semi-detached houses are smaller than 28 SECOND AVENUE, and 97% of semi-detached houses are larger. Note that EPC data is not available for all properties in Grantham.

28 SECOND AVENUE: Plot

28 SECOND AVENUE sits on a plot of roughly 0.067 of an acre, or 273m².

Where is 28 SECOND AVENUE?

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