10, MERCIA CLOSE, QUARRINGTON, SLEAFORD, NG34 8WP - £246,000

10 MERCIA CLOSE is a midsized detached house of 111m², built sometime between 1996 and 2002. It was last sold for £246,000 in September 2021, which was around 15% below the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

10 MERCIA CLOSE Sold Prices

Land registry data shows two sales for 10 MERCIA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. One of the two 10 MERCIA CLOSE sales was for below the average price, whilst the other was for above 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
2021 3 SEP	£246,000	£287,817	15% below HPI
1997 30 OCT	£69,950	£65,765	6% above HPI

10 MERCIA CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Kesteven local authority area over time, sourced from the HPI. The two 10 MERCIA CLOSE sales from October 1997 and September 2021 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 October 1997 sale was for 6% above the HPI. So the extrapolation line tracks at 6% above the HPI over time, until the September 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 10 MERCIA CLOSE?

10 MERCIA CLOSE is 111m² according to the EPC inspection conducted in August 2020. This puts it in the largest 50% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 10 MERCIA CLOSE lies on this distribution: 57% of detached houses are smaller than 10 MERCIA CLOSE, and 42% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

10 MERCIA CLOSE: Plot and Title Map

10 MERCIA CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 10 MERCIA CLOSE, 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 10 MERCIA CLOSE). 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 10 MERCIA CLOSE?

10 MERCIA CLOSE is located in QUARRINGTON, in the NG34 postcode district. The below map shows the position of No. 10 on MERCIA CLOSE.