15, THIRD AVENUE, GRANTHAM, NG31 9TR - £180,000

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.

15 THIRD AVENUE is a small extended detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £221,307. It was last sold for £180,000 in September 2020, which was around 41% below the average September 2020 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was B.

15 THIRD AVENUE Sold Prices

Land registry data shows three sales for 15 THIRD AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 15 THIRD 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
2020 4 SEP	£180,000	£302,741	41% below HPI
2004 29 OCT	£128,000	£207,044	38% below HPI
2002 19 FEB	£70,000	£125,214	44% below HPI

15 THIRD AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 15 THIRD AVENUE sales between February 2002 and September 2020 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 October 2004 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2020 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 15 THIRD AVENUE be worth now?

15 THIRD AVENUE might now be worth an estimated £221,307.

This is based on house price inflation of 22.9%, between September 2020 and April 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 22.9% inflationary increase is applied to the most recent sale price for 15 THIRD AVENUE of £180,000 on 4th September 2020. For the value to have increased from £180,000 to £221,307 over the six years and five months to April 2026, the following assumptions must hold true:

• The value of 15 THIRD AVENUE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The September 2020 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 15 THIRD AVENUE has not materially changed since September 2020.

How Large is 15 THIRD AVENUE?

15 THIRD AVENUE is 91m², which includes two extensions, according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% of detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grantham, and where 15 THIRD AVENUE lies on this distribution: 28% of detached houses houses are smaller than 15 THIRD AVENUE, and 71% of houses are larger. Note that EPC data is not available for all properties in Grantham.

15 THIRD AVENUE: Plot and Title Map

15 THIRD AVENUE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 15 THIRD 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 15 THIRD 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 15 THIRD AVENUE?

15 THIRD AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 15 on THIRD AVENUE.