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

9 MERCIA DRIVE is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £130,000 in May 2015, which was around 46% below the average May 2015 detached price in the South Kesteven local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

9 MERCIA DRIVE Sold Prices

Land registry data shows two sales for 9 MERCIA DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. Both of the two 9 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
2015 22 MAY	£130,000	£239,807	46% below HPI
1998 1 MAY	£68,000	£83,115	18% below HPI

9 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 two 9 MERCIA DRIVE sales from May 1998 and May 2015 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 May 1998 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2015 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is 9 MERCIA DRIVE?

9 MERCIA DRIVE is 70m² according to the EPC inspection conducted in April 2015. 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 9 MERCIA DRIVE lies on this distribution: 5% of detached houses are smaller than 9 MERCIA DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ancaster.

9 MERCIA DRIVE: Plot and Title Map

9 MERCIA DRIVE sits on a plot of roughly 0.207 of an acre, or 838m². The below map shows the location of 9 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 9 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 9 MERCIA DRIVE?

9 MERCIA DRIVE is located in ANCASTER, in the NG32 postcode district. The below map shows the position of No. 9 on MERCIA DRIVE.