6, THIRD AVENUE, GRANTHAM, NG31 9TR - £148,500

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.

6 THIRD AVENUE is a very small semi-detached house of 66m², built sometime between 1976 and 1982, which could now be worth an estimated £187,815. It was last sold for £148,500 in December 2019, which was around 22% below the average December 2019 semi-detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2019, where the current energy rating was D, and the potential energy rating was B.

6 THIRD AVENUE Sold Prices

Land registry data shows three sales for 6 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 6 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
2019 3 DEC	£148,500	£189,590	22% below HPI
2006 15 SEP	£117,000	£149,477	22% below HPI
1995 18 AUG	£37,500	£43,890	15% below HPI

6 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 6 THIRD AVENUE sales between August 1995 and December 2019 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 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2019 sale, which was also at 22% below the HPI.

What might 6 THIRD AVENUE be worth now?

6 THIRD AVENUE might now be worth an estimated £187,815.

This is based on house price inflation of 26.5%, between December 2019 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 26.5% inflationary increase is applied to the most recent sale price for 6 THIRD AVENUE of £148,500 on 3rd December 2019. For the value to have increased from £148,500 to £187,815 over the seven years and eight months to April 2026, the following assumptions must hold true:

• The value of 6 THIRD AVENUE has moved in line with the HPI for semi-detached houses in the South Kesteven local authority area.
• The December 2019 sale price of £148,500 represented a fair market value for the property.
• The size, condition, and specification of 6 THIRD AVENUE has not materially changed since December 2019.

How Large is 6 THIRD AVENUE?

6 THIRD AVENUE is 66m² according to the EPC inspection conducted in October 2019. 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 6 THIRD AVENUE lies on this distribution: 7% of semi-detached houses houses are smaller than 6 THIRD AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Grantham.

6 THIRD AVENUE: Plot and Title Map

6 THIRD AVENUE sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 6 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 6 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 6 THIRD AVENUE?

6 THIRD AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 6 on THIRD AVENUE.