49, MERCIA DRIVE, ANCASTER, GRANTHAM, NG32 3QQ - £330,000

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

49 MERCIA DRIVE is a large detached house of 135m², built sometime between 1996 and 2002. It was last sold for £330,000 in April 2023, which was around 11% below the average April 2023 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

49 MERCIA DRIVE Sold Prices

Land registry data shows four sales for 49 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 49 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
2023 19 APR	£330,000	£370,293	11% below HPI
2013 17 JUL	£175,000	£222,531	21% below HPI
2003 12 SEP	£168,000	£184,697	9% below HPI
2001 14 SEP	£114,995	£123,675	7% below HPI

49 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 49 MERCIA DRIVE sales between September 2001 and April 2023 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 2013 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2023 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 49 MERCIA DRIVE?

49 MERCIA DRIVE is 135m² according to the EPC inspection conducted in February 2023. This puts it in the largest 30% of detached houses in Ancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Ancaster, and where 49 MERCIA DRIVE lies on this distribution: 78% of detached houses are smaller than 49 MERCIA DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Ancaster.

49 MERCIA DRIVE: Plot and Title Map

49 MERCIA DRIVE sits on a plot of roughly 0.085 of an acre, or 345m². The below map shows the location of 49 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 49 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 49 MERCIA DRIVE?

49 MERCIA DRIVE is located in ANCASTER, in the NG32 postcode district. The below map shows the position of No. 49 on MERCIA DRIVE.