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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

15 THIRD AVENUE is a small extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £180,000 in September 2020, which was around 42% 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	£307,809	42% below HPI
2004 29 OCT	£128,000	£210,509	39% below HPI
2002 19 FEB	£70,000	£127,310	45% 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 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the September 2020 sale, where it falls to 42% below the HPI. The line then continues to track at 42% below the HPI.

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 in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 15 THIRD AVENUE lies on this distribution: 28% of detached houses are smaller than 15 THIRD AVENUE, and 72% 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.