16 Mercer Drive

    16, MERCER DRIVE, LINCOLN, LN1 1AG

    This terraced freehold property on Mercer Drive last sold in November 2024 for £180,000. Based on price growth in the LN1 district since then, its estimated current value is £187,812 — placing it in the 21st percentile nationally and the 34th percentile within LN1. The property covers 59 m² (635 sq ft), giving an estimated value of £3,183 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £180,000

    Nov 2024

    Estimated Valuation

    £187,812

    Est. £/sq ft

    £296/sq ft

    £3,183/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateApr 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Nov 2024

    £180,000

    21 Oct 2016

    £135,000

    2 Aug 2012

    £52,500

    10 Jun 2005

    £53,125

    10 Dec 2004

    New build

    £66,420

    Key Metrics

    Estimated valuation£187,812
    Value per sq ft / m²£296/sq ft (£3,183/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN1 district percentile34th percentile
    National percentile21st percentile

    District Context — LN1

    LN1 covers Lincoln city centre and its immediate surroundings in the East Midlands. It is a historic cathedral city with a mixed residential and commercial character, offering heritage appeal alongside student accommodation and urban living.

    Average Property Price - LN1

    £252,706

    28

    National percentile

    Average Net Household Income - LN1

    £35,419

    34

    National percentile

    10-Year Annualised Price Growth - LN1

    3.2%

    36

    National percentile

    10-Year Annualised Rent Growth - LN

    4.2%

    64

    National percentile

    View full analysis for LN1

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