Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources
50 MERCIA DRIVE is a small extended detached house of 85m², built sometime between 1996 and 2002. It was last sold for £218,000 in December 2022, which was around 43% below the average December 2022 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows five sales for 50 MERCIA DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 50 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 |
---|---|---|---|
2022 19 DEC | £218,000 | £383,572 | 43% below HPI |
2010 30 APR | £139,950 | £208,027 | 33% below HPI |
2004 30 APR | £125,500 | £190,867 | 34% below HPI |
2002 29 NOV | £117,500 | £163,069 | 28% below HPI |
2002 13 FEB | £76,995 | £127,310 | 40% below HPI |
The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The five 50 MERCIA DRIVE sales between February 2002 and December 2022 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 April 2010 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2022 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.
50 MERCIA DRIVE is 85m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% of detached houses in Ancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Ancaster, and where 50 MERCIA DRIVE lies on this distribution: 32% of detached houses are smaller than 50 MERCIA DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Ancaster.
50 MERCIA DRIVE sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 50 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 50 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.
50 MERCIA DRIVE is located in ANCASTER, in the NG32 postcode district. The below map shows the position of No. 50 on MERCIA DRIVE.