Housing Market Analysis for MERRICK CLOSE, NG31 8NL

Are you looking to understand NG31 8NL house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this South Kesteven postcode.

For the location information and nearby amenities in the NG31 8NL area, explore the NG31 8NL Area information page.
For comprehensive crime statistics in the NG31 8NL area, explore the NG31 8NL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG31 8NL postcode area, The average prices are as follows,

Detached
- The average price is around £185,965 median price is £168,000 Standard Deviation is £64,938 with Total Sold: 33
- The Last 5 Year average price is £278,125 with Total Sold: 4
- The most recent sale happened at this postcode is 5 MERRICK CLOSE: £282,500 (Sold on 11 Apr 2022)
- The first recorded sale happened at this postcode is 8 MERRICK CLOSE: £129,950 (Sold on 04 Oct 2000)
Semi-Detached
- The average price is around £122,988 median price is £119,500 Standard Deviation is £31,073 with Total Sold: 4
- The Last 5 Year average price is £170,000 with Total Sold: 1
- The most recent sale happened at this postcode is 16 MERRICK CLOSE: £170,000 (Sold on 26 Mar 2021)
- The first recorded sale happened at this postcode is 16 MERRICK CLOSE: £82,950 (Sold on 02 Dec 2001)
Terraced
- The average price is around £118,544 median price is £115,000 Standard Deviation is £26,461 with Total Sold: 9
- The most recent sale happened at this postcode is 18 MERRICK CLOSE: £158,500 (Sold on 18 Oct 2018)
- The first recorded sale happened at this postcode is 18 MERRICK CLOSE: £79,950 (Sold on 15 Feb 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average NG31 8NL house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£282,500	£2,568	1
2021	£276,667	£2,616	3
2018	£132,000	£1,168	1
2015	£217,667	£1,815	3
2013	£222,000	£1,748	1
2012	£220,000	£1,683	1
2011	£250,000	£2,078	1
2010	£240,000	£2,000	1
2007	£239,938	£2,026	4
2004	£217,000	£1,824	1
2003	£168,000		1
2002	£122,000	£1,139	2
2001	£135,241	£1,057	11
2000	£115,475	£999	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£170,000	£2,743	1
2010	£116,000	£1,872	1
2003	£123,000	£1,985	1
2001	£82,950	£1,338	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£158,500	£1,910	1
2014	£119,750	£1,500	2
2010	£110,000		1
2008	£150,000		1
2005	£141,000		1
2003	£108,000	£1,301	1
2002	£79,950	£963	2

All the Sales in the MERRICK CLOSE, NG31 8NL

See the table below for more details on the sold house prices in the NG31 8NL, South Kesteven postcode.

Address	Sold Date	Price	% Change
5 MERRICK CLOSEDetached, FreeholdArea: 110 Sq.mtrAge: 1996-2002	11 Apr 2022	£282,500	48.68%
	18 Sep 2015	£190,000	88.12%
	19 Dec 2000	£101,000	First Sale
19 MERRICK CLOSEDetached, FreeholdArea: 72 Sq.mtrAge: 1996-2002	03 Dec 2021	£165,000	101.22%
	09 May 2002	£82,000	First Sale
2 MERRICK CLOSEDetached, FreeholdArea: 119 Sq.mtrAge: 1996-2002	23 Apr 2021	£315,000	45.16%
	17 Aug 2004	£217,000	40.91%
	20 Jul 2001	£154,000	First Sale
16 MERRICK CLOSESemi-Detached, FreeholdArea: 61.98 Sq.mtrAge: 1996-2002	26 Mar 2021	£170,000	46.55%
	17 Dec 2010	£116,000	-5.69%
	22 Sep 2003	£123,000	48.28%
	02 Dec 2001	£82,950	First Sale
8 MERRICK CLOSEDetached, FreeholdArea: 120.32 Sq.mtrAge: 1996-2002	08 Feb 2021	£350,000	40.00%
	18 Feb 2011	£250,000	0.0
	05 Oct 2007	£250,000	92.38%
	04 Oct 2000	£129,950	First Sale
18 MERRICK CLOSETerraced, FreeholdArea: 83 Sq.mtrAge: 1996-2002	18 Oct 2018	£158,500	27.31%
	31 Jul 2014	£124,500	15.28%
	26 Mar 2003	£108,000	35.08%
	15 Feb 2002	£79,950	First Sale
3 MERRICK CLOSEDetached, FreeholdArea: 113 Sq.mtrAge: 1996-2002	21 Jun 2018	£132,000	10.05%
	31 May 2001	£119,950	First Sale
10 MERRICK CLOSEDetached, FreeholdArea: 120.68 Sq.mtrAge: 1996-2002	24 Jun 2015	£240,000	-0.52%
	23 Jul 2007	£241,250	First Sale
15 MERRICK CLOSEDetached, FreeholdArea: 129 Sq.mtrAge: 1996-2002	15 Jun 2015	£223,000	123.00%
	20 Aug 2001	£100,000	First Sale
17 MERRICK CLOSETerraced, Freehold	24 Jan 2014	£115,000	4.55%
	21 Jun 2010	£110,000	-26.67%
	30 Dec 2008	£150,000	6.38%
	28 Apr 2005	£141,000	76.36%
	25 Mar 2002	£79,950	First Sale
14 MERRICK CLOSEDetached, FreeholdArea: 127 Sq.mtrAge: 1996-2002	05 Sep 2013	£222,000	73.44%
	13 Jul 2001	£128,000	First Sale
11 MERRICK CLOSEDetached, FreeholdArea: 130.7 Sq.mtrAge: 1996-2002	23 Jan 2012	£220,000	63.02%
	28 Feb 2001	£134,950	First Sale
12 MERRICK CLOSEDetached, FreeholdArea: 120 Sq.mtrAge: 1996-2002	22 Sep 2010	£240,000	0.0
	19 Nov 2007	£240,000	77.84%
	16 Feb 2001	£134,950	First Sale
6 MERRICK CLOSEDetached, Freehold	27 Mar 2007	£228,500	36.01%
	22 Jan 2003	£168,000	3.70%
	29 Nov 2002	£162,000	35.06%
	16 Mar 2001	£119,950	First Sale
1 MERRICK CLOSEDetached, Freehold	21 Sep 2001	£134,950	First Sale
4 MERRICK CLOSEDetached, Freehold	15 Jun 2001	£139,950	First Sale
9 MERRICK CLOSEDetached, Freehold	25 Apr 2001	£196,000	First Sale
7 MERRICK CLOSEDetached, FreeholdArea: 113 Sq.mtrAge: 1996-2002	08 Jan 2001	£124,950	First Sale

Check out the sold house prices near the NG31 8NL postcode. Properties currently for saleProperties currently for rent

MERRICK CLOSE, NG31 8NL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG31 8NL postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NG31 8NL postcode.

Detached
- The average price is around £208,155 median price is £190,000 Standard Deviation is £118,405 with Total Sold: 500
- The Last 5 Year average price is £328,802 with Total Sold: 101
- The most recent sale happened at this postcode is , 1 GRANTHAM ROAD: £305,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 7 ELMS VIEW: £56,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £122,960 median price is £120,000 Standard Deviation is £71,445 with Total Sold: 365
- The Last 5 Year average price is £202,695 with Total Sold: 65
- The most recent sale happened at this postcode is , 1 WOFFINDIN CLOSE: £180,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 31 COVILL CLOSE: £48,500 (Sold on 10 Feb 1995)
Terraced
- The average price is around £118,910 median price is £115,000 Standard Deviation is £70,437 with Total Sold: 145
- The Last 5 Year average price is £164,302 with Total Sold: 23
- The most recent sale happened at this postcode is , 33 HIGH STREET: £120,000 (Sold on 10 Apr 2024)
- The first recorded sale happened at this postcode is , 26 LONG STREET: £36,500 (Sold on 15 Sep 1995)
Flat
- The average price is around £72,621 median price is £71,750 Standard Deviation is £34,384 with Total Sold: 28
- The Last 5 Year average price is £110,833 with Total Sold: 6
- The most recent sale happened at this postcode is , 6 SEBASTIAN MEWS: £100,000 (Sold on 02 Dec 2022)
- The first recorded sale happened at this postcode is , 3 MARRATTS COURT: £23,000 (Sold on 13 Jan 1995)
Other
- The average price is around £144,300 median price is £116,000 Standard Deviation is £45,580 with Total Sold: 7
- The Last 5 Year average price is £149,183 with Total Sold: 6
- The most recent sale happened at this postcode is , HILLTOP GARAGE HIGH STREET: £111,600 (Sold on 07 Jun 2022)
- The first recorded sale happened at this postcode is , 59 LONG STREET: £115,000 (Sold on 13 Jun 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£338,375	£3,037	12
2023	£376,889	£2,968	19
2022	£381,906	£2,807	16
2021	£299,218	£2,546	26
2020	£288,663	£2,559	15
2019	£289,804	£2,317	13
2018	£280,458	£1,986	13
2017	£249,395	£2,165	19
2016	£286,711	£2,163	19
2015	£269,625	£1,972	16
2014	£224,685	£1,943	13
2013	£212,375	£1,847	12
2012	£202,000	£1,559	15
2011	£188,620	£1,760	10
2010	£193,500	£1,821	8
2009	£200,562	£1,846	8
2008	£215,893	£1,883	14
2007	£233,643	£1,881	29
2006	£252,513	£1,828	16
2005	£179,333	£1,491	9
2004	£205,818	£1,724	14
2003	£177,721	£1,608	19
2002	£132,202	£1,145	18
2001	£132,359	£985	37
2000	£135,212	£977	32
1999	£90,621	£715	17
1998	£84,600	£676	10
1997	£69,538	£645	17
1996	£70,592	£701	20
1995	£63,536	£738	14

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£190,064	£2,543	7
2023	£240,417	£3,014	6
2022	£213,432	£2,590	13
2021	£188,442	£2,468	18
2020	£200,794	£2,106	11
2019	£202,690	£2,376	10
2018	£153,722	£1,918	9
2017	£167,120	£2,080	23
2016	£151,645	£1,754	10
2015	£174,259	£1,723	11
2014	£136,675	£1,604	8
2013	£117,457	£1,680	14
2012	£117,000	£1,554	7
2011	£136,800	£1,652	10
2010	£106,250	£1,336	10
2009	£101,132	£1,488	11
2008	£134,333	£1,715	9
2007	£139,057	£1,931	15
2006	£126,352	£1,429	11
2005	£130,208	£1,589	12
2004	£118,117	£1,524	15
2003	£125,964	£1,398	11
2002	£86,683	£1,058	18
2001	£66,184	£910	19
2000	£57,208	£705	13
1999	£53,177	£659	11
1998	£44,754	£663	12
1997	£49,309	£607	17
1996	£43,672	£531	15
1995	£40,389	£561	9

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£120,000		1
2023	£180,429	£2,238	7
2022	£167,875	£2,476	4
2021	£200,111	£1,767	4
2020	£140,200	£1,974	5
2019	£111,500	£1,319	2
2018	£136,786	£1,702	7
2017	£182,400	£2,359	5
2016	£104,667	£1,808	3
2015	£201,714	£1,618	7
2014	£169,100	£1,472	5
2013	£117,500	£1,728	1
2012	£90,000	£1,765	1
2011	£138,080	£1,671	5
2010	£149,625	£1,381	4
2009	£124,250	£1,542	4
2008	£187,833	£1,563	3
2007	£162,083	£1,875	6
2006	£146,279	£1,574	7
2005	£130,500		2
2004	£89,150	£957	3
2003	£115,086	£1,157	11
2002	£90,694	£978	9
2001	£47,175	£709	10
2000	£63,146	£571	7
1999	£46,679	£508	7
1998	£46,908	£538	6
1997	£38,500	£491	4
1996	£36,375	£459	4
1995	£36,500	£557	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£93,333	£2,528	3
2021	£150,000	£1,402	2
2020	£85,000	£2,438	1
2016	£73,500	£1,986	1
2013	£123,000	£1,150	1
2011	£70,000	£1,568	1
2008	£95,000		1
2007	£93,475	£2,005	2
2006	£79,362	£1,984	4
2004	£65,500	£1,679	1
2003	£51,750	£1,409	1
2002	£50,938	£1,221	4
2001	£33,250	£879	2
1999	£30,000		1
1998	£31,500	£857	1
1997	£30,500	£565	1
1995	£23,000	£590	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£155,867	£2,759	3
2021	£142,500	£2,209	3
2016	£115,000	£409	1

House Type in NG31 8NL area

The most common house types in the NG31 8NL postcode area are Semi-detached (56), Terraced (40), and Detached (34).

Total	138
Semi-detached	56
Terraced	40
Detached	34
Flat	8
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (51), and Owned: Owns outright (37).

Social rented: Rents from council or Local Authority	51
Owned: Owns outright	37
Owned: Owns with a mortgage or loan	25
Social rented: Other social rented	8
Private rented: Private landlord or letting agency	8
Private rented: Other private rented	4
Lives rent free	4
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the NG31 8NL have 1 person in household (56), and 2 people in household (47).

1 person in household	56
2 people in household	47
3 people in household	18
4 people in household	12
5 people in household	4
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0