31, SECOND AVENUE, GRANTHAM, NG31 9TP - £35,000

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.

31 SECOND AVENUE is a very small terraced house of 54m², built sometime between 1976 and 1982, which could now be worth an estimated £175,610. It was last sold for £35,000 in November 1997, which was around 7% below the average November 1997 terraced 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.

31 SECOND AVENUE Sold Prices

Land registry data shows one sale for 31 SECOND AVENUE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
1997 11 NOV	£35,000	£37,714	7% below HPI

What might 31 SECOND AVENUE be worth now?

31 SECOND AVENUE might now be worth an estimated £175,610.

This is based on house price inflation of 401.7%, between November 1997 and May 2026, 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 401.7% inflationary increase is applied to the most recent sale price for 31 SECOND AVENUE of £35,000 on 11th November 1997. For the value to have increased from £35,000 to £175,610 over the 29 years and six months to May 2026, the following assumptions must hold true:

• The value of 31 SECOND AVENUE has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The November 1997 sale price of £35,000 represented a fair market value for the property.
• The size, condition, and specification of 31 SECOND AVENUE has not materially changed since November 1997.

How Large is 31 SECOND AVENUE?

31 SECOND AVENUE is 54m² according to the EPC inspection conducted in May 2020. This puts it in the smallest 10% of terraced houses in Grantham, based on EPC data. The below chart shows the distribution of terraced houses by size in Grantham, and where 31 SECOND AVENUE lies on this distribution: 6% of terraced houses are smaller than 31 SECOND AVENUE, and 93% of terraced houses are larger. Note that EPC data is not available for all properties in Grantham.

31 SECOND AVENUE: Plot

31 SECOND AVENUE sits on a plot of roughly 0.037 of an acre, or 150m².

Where is 31 SECOND AVENUE?

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