14, MERCIA CLOSE, QUARRINGTON, SLEAFORD, NG34 8WP - £289,950

14 MERCIA CLOSE is a large extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £289,950 in September 2021, which was around 1% above the average September 2021 detached price in the North Kesteven local authority area. The most recent EPC inspection was July 2021, where the current energy rating was C, and the potential energy rating was B.

14 MERCIA CLOSE Sold Prices

Land registry data shows five sales for 14 MERCIA CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North Kesteven local authority area for the corresponding sale date. Most of the five 14 MERCIA CLOSE 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
2021 29 SEP	£289,950	£287,817	1% above HPI
2018 31 JAN	£218,000	£241,690	10% below HPI
2013 23 AUG	£166,000	£185,838	11% below HPI
2007 9 FEB	£168,500	£190,020	11% below HPI
1997 28 OCT	£67,950	£65,765	3% above HPI

14 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 five 14 MERCIA CLOSE sales between 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 January 2018 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the September 2021 sale, where it rises to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 14 MERCIA CLOSE?

14 MERCIA CLOSE is 119m², which includes one extension, according to the EPC inspection conducted in July 2021. This puts it in the largest 40% of detached houses in Sleaford, based on EPC data. The below chart shows the distribution of detached houses by size in Sleaford, and where 14 MERCIA CLOSE lies on this distribution: 67% of detached houses are smaller than 14 MERCIA CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Sleaford.

14 MERCIA CLOSE: Plot and Title Map

14 MERCIA CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 14 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 14 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 14 MERCIA CLOSE?

14 MERCIA CLOSE is located in QUARRINGTON, in the NG34 postcode district. The below map shows the position of No. 14 on MERCIA CLOSE.