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According to the public record, 7, Mercia Drive, Grantham is a mid-century freehold house with 1,486 ft2 of internal area and sits on a 551 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Mercia Drive, Grantham is £304,592 and the estimated rental value is £1,430 per month.
Mercia Drive, Ancaster, Grantham, NG32 is located in the borough of South Kesteven within the NG32 postal district.
7, Mercia Drive, Grantham has 31 entries in the Land Registry , most recently in May 2017 and a single entry in the EPC database dated January 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 7, Mercia Drive, Grantham is in very good condition we estimate a sale value of £319,822 and a rental value of £1,501 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,271 and a rental value of £1,330 per month.
Over the last 12 months the sale value of 7 Mercia Drive Grantham has decreased by an estimated £8,170 (2.7%) and its rental value has increased by an estimated £38 per month (2.7%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 7, Mercia Drive, Grantham sits on a plot of 551m2.
We have plot size data on 55 out of 64 other houses in the postcode and 7, Mercia Drive, Grantham sits on the 13th largest plot.
7, Mercia Drive, Grantham has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jan 2012.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, 7, Mercia Drive, Grantham was last sold on 12th May 2017 for £199,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2017, the market for similar properties has risen 69.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Mercia Drive, Grantham within a radius of 5.5 kilometres over the last 2 years.
The most recent example is 19, St. Martins Way, Grantham, NG32 3RA, a freehold house which sold for £272,500 on the 4th December 2023.
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, 7, Mercia Drive, Grantham is the 9th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in NG32.
The closest station to 7, 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 7, 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 7, 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 7, 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 7, 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 7, 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.
