53, MERCIA DRIVE, ANCASTER, GRANTHAM, NG32 3QQ - £130,000

53 MERCIA DRIVE is a small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £130,000 in August 2012, which was around 41% below the average August 2012 detached price in the South Kesteven local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

53 MERCIA DRIVE Sold Prices

Land registry data shows three sales for 53 MERCIA DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the three 53 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
2012 17 AUG	£130,000	£218,720	41% below HPI
2009 18 DEC	£145,000	£216,566	33% below HPI
2001 7 DEC	£86,995	£122,322	29% below HPI

53 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 three 53 MERCIA DRIVE sales between December 2001 and August 2012 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 December 2009 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2012 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

How Large is 53 MERCIA DRIVE?

53 MERCIA DRIVE is 81m² according to the EPC inspection conducted in September 2018. This puts it in the smallest 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 53 MERCIA DRIVE lies on this distribution: 23% of detached houses are smaller than 53 MERCIA DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Ancaster.

53 MERCIA DRIVE: Plot and Title Map

53 MERCIA DRIVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 53 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 53 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 53 MERCIA DRIVE?

53 MERCIA DRIVE is located in ANCASTER, in the NG32 postcode district. The below map shows the position of No. 53 on MERCIA DRIVE.