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According to the public record, 35, Mercia Drive, Grantham is a modern freehold house with 1,205 ft2 of internal area and sits on a 287 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 35, Mercia Drive, Grantham is £269,502 and the estimated rental value is £1,314 per month.
Mercia Drive, Ancaster, Grantham, NG32 is located in the borough of South Kesteven within the NG32 postal district.
35, Mercia Drive, Grantham has 21 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated August 2020.
We combine this information with that 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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 35, Mercia Drive, Grantham is in very good condition we estimate a sale value of £282,977 and a rental value of £1,379 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,637 and a rental value of £1,222 per month.
Over the last 12 months the sale value of 35 Mercia Drive Grantham has decreased by an estimated £8,881 (3.3%) and its rental value has increased by an estimated £35 per month (2.7%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 35, Mercia Drive, Grantham sits on a plot of 287m2.
We have plot size data on 55 out of 64 other houses in the postcode and 35, Mercia Drive, Grantham sits on the 40th largest plot.
35, Mercia Drive, Grantham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Aug 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 35, Mercia Drive, Grantham was last sold on 18th June 2021 for £257,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2021, the market for similar properties has risen 31.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 35, Mercia Drive, Grantham within a radius of 5.3 kilometres over the last 2 years.
The most recent example is 20, Lancaster Avenue, Grantham, NG32 3FL, a freehold house which sold for £324,995 on the 26th July 2024.
Read more about house prices in NG32.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mercia Drive, Ancaster, Grantham, NG32 has a total of 64 addresses. According to our analysis of all the public data, 35, Mercia Drive, Grantham is the 17th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £85k less expensive than the average property in NG32.
The closest station to 35, Mercia Drive, Grantham is Ancaster station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 35, Mercia Drive, Grantham, 40.3% of property is privately owned with a mortgage and 39.2% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 35, Mercia Drive, Grantham, 21.1% of residents are recorded as possessing school level qualifications and 26.5% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 35, Mercia Drive, Grantham, the average age was 47 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 35, Mercia Drive, Grantham, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 35, Mercia Drive, Grantham, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.