20, THIRD AVENUE, GRANTHAM, NG31 9TR - £105,000

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.

20 THIRD AVENUE is a very small terraced house of 54m², built sometime between 1967 and 1975, which could now be worth an estimated £122,757. It was last sold for £105,000 in February 2021, which was around 36% below the average February 2021 terraced price in the South Kesteven local authority area. The most recent EPC inspection was November 2020, where the current energy rating was D, and the potential energy rating was B.

20 THIRD AVENUE Sold Prices

Land registry data shows three sales for 20 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 20 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
2021 2 FEB	£105,000	£164,472	36% below HPI
2016 15 JAN	£103,000	£131,933	22% below HPI
1999 28 MAY	£37,500	£40,864	8% below HPI

20 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 20 THIRD AVENUE sales between May 1999 and February 2021 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 January 2016 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the February 2021 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 20 THIRD AVENUE be worth now?

20 THIRD AVENUE might now be worth an estimated £122,757.

This is based on house price inflation of 16.9%, between February 2021 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 16.9% inflationary increase is applied to the most recent sale price for 20 THIRD AVENUE of £105,000 on 2nd February 2021. For the value to have increased from £105,000 to £122,757 over the four years and ten months to April 2026, the following assumptions must hold true:

• The value of 20 THIRD AVENUE has moved in line with the HPI for terraced houses in the South Kesteven local authority area.
• The February 2021 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of 20 THIRD AVENUE has not materially changed since February 2021.

How Large is 20 THIRD AVENUE?

20 THIRD AVENUE is 54m² according to the EPC inspection conducted in November 2020. 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 20 THIRD AVENUE lies on this distribution: 2% of terraced houses houses are smaller than 20 THIRD AVENUE, and 98% of houses are larger. Note that EPC data is not available for all properties in Grantham.

20 THIRD AVENUE: Plot and Title Map

20 THIRD AVENUE sits on a plot of roughly 0.043 of an acre, or 172m². The below map shows the location of 20 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 20 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 20 THIRD AVENUE?

20 THIRD AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 20 on THIRD AVENUE.