18, THIRD AVENUE, GRANTHAM, NG31 9TR - £65,000

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.

18 THIRD AVENUE is a very small terraced house of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £156,252. It was last sold for £65,000 in June 2003, which was around 19% below the average June 2003 terraced price in the South Kesteven local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

18 THIRD AVENUE Sold Prices

Land registry data shows three sales for 18 THIRD AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the South Kesteven local authority area for the corresponding sale date. All of the three 18 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 13 JUN	£65,000	£79,990	19% below HPI
1997 2 SEP	£29,000	£36,545	21% below HPI
1995 15 DEC	£24,500	£32,868	25% below HPI

18 THIRD AVENUE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Kesteven local authority area over time, sourced from the HPI. The three 18 THIRD AVENUE sales between December 1995 and June 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 September 1997 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2003 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 18 THIRD AVENUE be worth now?

18 THIRD AVENUE might now be worth an estimated £156,252.

This is based on house price inflation of 140.4%, between June 2003 and April 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 140.4% inflationary increase is applied to the most recent sale price for 18 THIRD AVENUE of £65,000 on 13th June 2003. For the value to have increased from £65,000 to £156,252 over the 23 years and two months to April 2026, the following assumptions must hold true:

• The value of 18 THIRD AVENUE has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The June 2003 sale price of £65,000 represented a fair market value for the property.
• The size, condition, and specification of 18 THIRD AVENUE has not materially changed since June 2003.

How Large is 18 THIRD AVENUE?

18 THIRD AVENUE is 54m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% of terraced houses houses in Grantham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Grantham, and where 18 THIRD AVENUE lies on this distribution: 2% of terraced houses houses are smaller than 18 THIRD AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Grantham.

18 THIRD AVENUE: Plot and Title Map

18 THIRD AVENUE sits on a plot of roughly 0.029 of an acre, or 118m². The below map shows the location of 18 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 18 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 18 THIRD AVENUE?

18 THIRD AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 18 on THIRD AVENUE.