39, MERCIA DRIVE, ANCASTER, GRANTHAM, NG32 3QQ - £158,000

39 MERCIA DRIVE is a midsized detached house of 101m², built sometime between 1996 and 2002. It was last sold for £158,000 in October 2013, which was around 32% below the average October 2013 detached price in the South Kesteven local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was C.

39 MERCIA DRIVE Sold Prices

Land registry data shows four sales for 39 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 Kesteven local authority area for the corresponding sale date. All of the four 39 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
2013 14 OCT	£158,000	£233,773	32% below HPI
2003 12 SEP	£145,950	£184,697	21% below HPI
2002 8 AUG	£121,000	£148,342	18% below HPI
2000 27 OCT	£75,995	£109,645	31% below HPI

39 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 four 39 MERCIA DRIVE sales between October 2000 and October 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 September 2003 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the October 2013 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 39 MERCIA DRIVE?

39 MERCIA DRIVE is 101m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 50% of detached houses in Ancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Ancaster, and where 39 MERCIA DRIVE lies on this distribution: 48% of detached houses are smaller than 39 MERCIA DRIVE, and 52% of houses are larger. Note that EPC data is not available for all properties in Ancaster.

39 MERCIA DRIVE: Plot and Title Map

39 MERCIA DRIVE sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 39 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 39 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 39 MERCIA DRIVE?

39 MERCIA DRIVE is located in ANCASTER, in the NG32 postcode district. The below map shows the position of No. 39 on MERCIA DRIVE.