20 Mercer Drive

    20, MERCER DRIVE, LINCOLN, LN1 1AG

    This terraced freehold property on Mercer Drive last sold in January 2014 for £116,000. Based on price growth in the LN1 district since then, its estimated current value is £166,284 — placing it in the 16th percentile nationally and the 22nd percentile within LN1. The property covers 59 m² (635 sq ft), giving an estimated value of £2,818 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

    £116,000

    Jan 2014

    Estimated Valuation

    £166,284

    Est. £/sq ft

    £262/sq ft

    £2,818/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area635 sq ft (59 m²)
    EPC dateAug 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Jan 2014

    £116,000

    18 Aug 2009

    £104,500

    14 Dec 2005

    New build

    £51,625

    10 Jan 2005

    New build

    £66,420

    Key Metrics

    Estimated valuation£166,284
    Value per sq ft / m²£262/sq ft (£2,818/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN1 district percentile22nd percentile
    National percentile16th 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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