16, THIRD AVENUE, GRANTHAM, NG31 9TR - £83,950

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.

16 THIRD AVENUE is a very small semi-detached house of 53m², built sometime between 1976 and 1982, which could now be worth an estimated £176,813. It was last sold for £83,950 in December 2003, which was around 26% below the average December 2003 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was December 2017, where the current energy rating was D, and the potential energy rating was B.

16 THIRD AVENUE Sold Prices

Land registry data shows three sales for 16 THIRD AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 16 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
2003 19 DEC	£83,950	£113,848	26% below HPI
2000 4 OCT	£45,500	£63,812	29% below HPI
1996 13 JUN	£33,000	£42,334	22% below HPI

16 THIRD AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Kesteven local authority area over time, sourced from the HPI. The three 16 THIRD AVENUE sales between June 1996 and December 2003 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 2000 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2003 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 16 THIRD AVENUE be worth now?

16 THIRD AVENUE might now be worth an estimated £176,813.

This is based on house price inflation of 110.6%, between December 2003 and April 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 110.6% inflationary increase is applied to the most recent sale price for 16 THIRD AVENUE of £83,950 on 19th December 2003. For the value to have increased from £83,950 to £176,813 over the 23 years and eight months to April 2026, the following assumptions must hold true:

• The value of 16 THIRD AVENUE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The December 2003 sale price of £83,950 represented a fair market value for the property.
• The size, condition, and specification of 16 THIRD AVENUE has not materially changed since December 2003.

How Large is 16 THIRD AVENUE?

16 THIRD AVENUE is 53m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 10% of semi-detached houses houses in Grantham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Grantham, and where 16 THIRD AVENUE lies on this distribution: 1% of semi-detached houses houses are smaller than 16 THIRD AVENUE, and 99% of houses are larger. Note that EPC data is not available for all properties in Grantham.

16 THIRD AVENUE: Plot and Title Map

16 THIRD AVENUE sits on a plot of roughly 0.048 of an acre, or 196m². The below map shows the location of 16 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 16 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 16 THIRD AVENUE?

16 THIRD AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 16 on THIRD AVENUE.