3, THIRD AVENUE, GRANTHAM, NG31 9TR - £130,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 THIRD AVENUE is a very small detached house of 60m², built sometime between 1976 and 1982. It was last sold for £130,000 in March 2015, which was around 46% below the average March 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

3 THIRD AVENUE Sold Prices

Land registry data shows two sales for 3 THIRD AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 3 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
2015 17 MAR	£130,000	£239,289	46% below HPI
1997 22 AUG	£40,089	£79,371	49% below HPI

3 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 two 3 THIRD AVENUE sales from August 1997 and March 2015 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 August 1997 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the March 2015 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 3 THIRD AVENUE?

3 THIRD AVENUE is 60m² according to the EPC inspection conducted in January 2015. This puts it in the smallest 10% of detached houses in Grantham, based on EPC data. The below chart shows the distribution of detached houses by size in Grantham, and where 3 THIRD AVENUE lies on this distribution: 4% of detached houses are smaller than 3 THIRD AVENUE, and 96% of houses are larger. Note that EPC data is not available for all properties in Grantham.

3 THIRD AVENUE: Plot and Title Map

3 THIRD AVENUE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 3 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 3 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 3 THIRD AVENUE?

3 THIRD AVENUE is located in GRANTHAM, in the NG31 postcode district. The below map shows the position of No. 3 on THIRD AVENUE.