Based on the April 2024 Price Paid Data (released on 30 May 2024), the March 2024 House Price Index (released on 22 May 2024), and the April 2024 Energy Performance of Buildings Data (released on 21 May 2024). Sources
61 MERCIA DRIVE is a very small semi-detached house of 68m², built sometime between 1996 and 2002. It was last sold for £142,500 in June 2017, which was around 50% below the average June 2017 detached price in the South Kesteven local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows six sales for 61 MERCIA DRIVE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the six 61 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 |
---|---|---|---|
2017 19 JUN | £142,500 | £282,729 | 50% below HPI |
2013 18 JAN | £114,000 | £215,198 | 47% below HPI |
2007 12 DEC | £136,500 | £244,597 | 44% below HPI |
2007 7 DEC | £137,000 | £244,597 | 44% below HPI |
2005 9 DEC | £127,000 | £211,327 | 40% below HPI |
2001 7 SEP | £65,995 | £123,675 | 47% 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 six 61 MERCIA DRIVE sales between September 2001 and June 2017 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 January 2013 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the June 2017 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.
61 MERCIA DRIVE is 68m² according to the EPC inspection conducted in March 2017. This puts it in the smallest 10% of detached houses in Ancaster, based on EPC data. The below chart shows the distribution of detached houses by size in Ancaster, and where 61 MERCIA DRIVE lies on this distribution: 3% of detached houses are smaller than 61 MERCIA DRIVE, and 96% of houses are larger. Note that EPC data is not available for all properties in Ancaster.
61 MERCIA DRIVE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 61 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 61 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.
61 MERCIA DRIVE is located in ANCASTER, in the NG32 postcode district. The below map shows the position of No. 61 on MERCIA DRIVE.