61, SECOND AVENUE, GRANTHAM, NG31 9TP - £48,000

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.

61 SECOND AVENUE is a midsized extended detached house of 110m², built sometime between 1976 and 1982, which could now be worth an estimated £263,425. It was last sold for £48,000 in February 1996, which was around 28% below the average February 1996 detached price in the South Kesteven local authority area. The most recent EPC inspection was August 2023, where the current energy rating was D, and the potential energy rating was B.

61 SECOND AVENUE Sold Prices

Land registry data shows one sale for 61 SECOND AVENUE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
1996 23 FEB	£48,000	£66,771	28% below HPI

What might 61 SECOND AVENUE be worth now?

61 SECOND AVENUE might now be worth an estimated £263,425.

This is based on house price inflation of 448.8%, between February 1996 and May 2026, for 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 448.8% inflationary increase is applied to the most recent sale price for 61 SECOND AVENUE of £48,000 on 23rd February 1996. For the value to have increased from £48,000 to £263,425 over the 29 years and nine months to May 2026, the following assumptions must hold true:

• The value of 61 SECOND AVENUE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The February 1996 sale price of £48,000 represented a fair market value for the property.
• The size, condition, and specification of 61 SECOND AVENUE has not materially changed since February 1996.

How Large is 61 SECOND AVENUE?

61 SECOND AVENUE is 110m², which includes three extensions, according to the EPC inspection conducted in August 2023. This puts it in the smallest 50% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 61 SECOND AVENUE lies on this distribution: 48% of detached houses are smaller than 61 SECOND AVENUE, and 52% of detached houses are larger. Note that EPC data is not available for all properties in Grantham.

61 SECOND AVENUE: Plot

61 SECOND AVENUE sits on a plot of roughly 0.064 of an acre, or 259m².

Where is 61 SECOND AVENUE?

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