17, MERCIA CLOSE, QUARRINGTON, SLEAFORD, NG34 8WP - £178,000

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.

17 MERCIA CLOSE is a midsized detached house of 106m², built sometime between 1996 and 2002, which could now be worth an estimated £293,819. It was last sold for £178,000 in December 2013, which was around 3% below the average December 2013 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

17 MERCIA CLOSE Sold Prices

Land registry data shows three sales for 17 MERCIA CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. All of the three 17 MERCIA CLOSE 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
2013 10 DEC	£178,000	£183,410	3% below HPI
2011 1 JUL	£171,500	£179,060	4% below HPI
2006 20 NOV	£175,000	£185,742	6% below HPI

17 MERCIA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The three 17 MERCIA CLOSE sales between November 2006 and December 2013 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 July 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the December 2013 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 17 MERCIA CLOSE be worth now?

17 MERCIA CLOSE might now be worth an estimated £293,819.

This is based on house price inflation of 65.1%, between December 2013 and February 2025, for detached houses, in the North Kesteven local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65.1% inflationary increase is applied to the most recent sale price for 17 MERCIA CLOSE of £178,000 on 10th December 2013. For the value to have increased from £178,000 to £293,819 over the twelve years and ten months to February 2025, the following assumptions must hold true:

• The value of 17 MERCIA CLOSE has moved in line with the HPI for detached houses in the North Kesteven local authority area.
• The December 2013 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 17 MERCIA CLOSE has not materially changed since December 2013.

How Large is 17 MERCIA CLOSE?

17 MERCIA CLOSE is 106m² according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses houses by size in Sleaford, and where 17 MERCIA CLOSE lies on this distribution: 50% of detached houses houses are smaller than 17 MERCIA CLOSE, and 48% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

17 MERCIA CLOSE: Plot and Title Map

17 MERCIA CLOSE sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 17 MERCIA CLOSE, 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 17 MERCIA CLOSE). 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 17 MERCIA CLOSE?

17 MERCIA CLOSE is located in QUARRINGTON, in the NG34 postcode district. The below map shows the position of No. 17 on MERCIA CLOSE.