34, MERCIA DRIVE, ANCASTER, GRANTHAM, NG32 3QQ - £182,500

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.

34 MERCIA DRIVE is a midsized detached house of 115m², built sometime between 1996 and 2002, which could now be worth an estimated £314,772. It was last sold for £182,500 in April 2011, which was around 14% below the average April 2011 detached price in the South Kesteven local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

34 MERCIA DRIVE Sold Prices

Land registry data shows two sales for 34 MERCIA DRIVE 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 34 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
2011 14 APR	£182,500	£211,424	14% below HPI
2002 25 FEB	£111,995	£125,214	11% below HPI

34 MERCIA DRIVE 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 34 MERCIA DRIVE sales from February 2002 and April 2011 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 February 2002 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the April 2011 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 34 MERCIA DRIVE be worth now?

34 MERCIA DRIVE might now be worth an estimated £314,772.

This is based on house price inflation of 72.5%, between April 2011 and February 2025, for 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 72.5% inflationary increase is applied to the most recent sale price for 34 MERCIA DRIVE of £182,500 on 14th April 2011. For the value to have increased from £182,500 to £314,772 over the fourteen years and two months to February 2025, the following assumptions must hold true:

• The value of 34 MERCIA DRIVE has moved in line with the HPI for detached houses in the South Kesteven local authority area.
• The April 2011 sale price of £182,500 represented a fair market value for the property.
• The size, condition, and specification of 34 MERCIA DRIVE has not materially changed since April 2011.

How Large is 34 MERCIA DRIVE?

34 MERCIA DRIVE is 115m² according to the EPC inspection conducted in October 2012. This puts it in the largest 50% of detached houses houses in Ancaster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ancaster, and where 34 MERCIA DRIVE lies on this distribution: 58% of detached houses houses are smaller than 34 MERCIA DRIVE, and 41% of houses are larger. Note that EPC data is not available for all properties in Ancaster.

34 MERCIA DRIVE: Plot and Title Map

34 MERCIA DRIVE sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 34 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 34 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 34 MERCIA DRIVE?

34 MERCIA DRIVE is located in ANCASTER, in the NG32 postcode district. The below map shows the position of No. 34 on MERCIA DRIVE.