27, MERCIA DRIVE, WILLINGTON, DERBY, DE65 6DA - £181,000

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

27 MERCIA DRIVE is a very small detached house of 54m², built sometime between 1976 and 1982. It was last sold for £181,000 in November 2020, which was around 35% below the average November 2020 detached price in the South Derbyshire local authority area. The most recent EPC inspection was December 2018, where the current energy rating was D, and the potential energy rating was B.

27 MERCIA DRIVE Sold Prices

Land registry data shows four sales for 27 MERCIA DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the four 27 MERCIA DRIVE 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 13 NOV	£181,000	£280,366	35% below HPI
2017 3 MAR	£152,000	£255,097	40% below HPI
2011 25 NOV	£129,000	£205,972	37% below HPI
2003 31 JAN	£88,000	£152,541	42% below HPI

27 MERCIA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The four 27 MERCIA DRIVE sales between January 2003 and November 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 March 2017 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the November 2020 sale, where it rises to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 27 MERCIA DRIVE?

27 MERCIA DRIVE is 54m² according to the EPC inspection conducted in December 2018. This puts it in the smallest 10% of detached houses in Willington, based on EPC data. The below chart shows the distribution of detached houses by size in Willington, and where 27 MERCIA DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 27 MERCIA DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Willington.

27 MERCIA DRIVE: Plot and Title Map

27 MERCIA DRIVE sits on a plot of roughly 0.054 of an acre, or 219m². The below map shows the location of 27 MERCIA DRIVE, 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 27 MERCIA DRIVE). 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 27 MERCIA DRIVE?

27 MERCIA DRIVE is located in WILLINGTON, in the DE65 postcode district. The below map shows the position of No. 27 on MERCIA DRIVE.