15, Mercia Drive
15, Mercia Drive
Description & Estimates
The public record describes 15, Mercia Drive, Grantham as a mid-century house with 861 ft2 of internal area, sitting on a 663 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
15, Mercia Drive, Grantham has an estimated sale value of £305,512 and an estimated rental value of £1,154 per month, assuming reasonable condition and based on the information available.
Mercia Drive, Ancaster, Grantham, NG32 lies in the borough of South Kesteven, within the NG32 postal district.
Our Data Sources
15, Mercia Drive, Grantham has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 15, Mercia Drive, Grantham would be worth £320,788, with a potential rental value of £1,211 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £284,127, with a rental value of £1,073 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 15, Mercia Drive, Grantham has fallen by £10,067 (3.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £31 (2.7%). The property's estimated gross yield is currently 4.5%.
Plot Size
15, Mercia Drive, Grantham occupies a 663 m2 plot as recorded by HM Land Registry.
Of the 64 other houses in this postcode, 55 have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
15, Mercia Drive, Grantham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Mar 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, B30K.
Sold Prices
15, Mercia Drive, Grantham last changed hands on 24th May 1996, selling for £50,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
- Sold May 1996£50,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.5 kilometres of 15, Mercia Drive, Grantham across the last 2 years.
Most recently, 16, Lancaster Avenue, Grantham, NG32 3FL, a freehold house, sold at £260,995 on the 21st March 2025.
Read more about house prices in NG32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 15, Mercia Drive, Grantham as the 37th largest and the 13th most expensive of the 64 addresses on Mercia Drive, Ancaster, Grantham, NG32.
Against the NG32 postcode district average, it is £49k less expensive than the typical property.
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Schools Nearby
- 200mAncaster CofE Primary School
- 4.2kmRauceby Church of England Primary School
- 6.1kmBarkston and Syston CofE Primary School
- 8.0kmSt George's Academy
- 8.1kmKesteven and Sleaford High School Selective Academy
- 8.3kmCarre's Grammar School
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Public Transport Nearby
Ancaster station is the nearest stop to 15, Mercia Drive, Grantham at 500 metres away.
- 500mAncaster
- 5.0kmRauceby
- 8.2kmSleaford
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
