22 Mercer Drive

    22, MERCER DRIVE, LINCOLN, LN1 1AG

    This terraced freehold property on Mercer Drive last sold in February 2017 for £70,000. Based on price growth in the LN1 district since then, its estimated current value is £82,825 — placing it in the 2nd percentile nationally and the 1st percentile within LN1. The property covers 59 m² (635 sq ft), giving an estimated value of £1,404 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    635 sq ft

    59 m²

    Last Sale Price

    £70,000

    Feb 2017

    Estimated Valuation

    £82,825

    Est. £/sq ft

    £130/sq ft

    £1,404/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialA
    Floor area635 sq ft (59 m²)
    EPC dateDec 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Feb 2017

    £70,000

    27 Jan 2006

    £51,625

    10 Jan 2005

    New build

    £66,420

    Key Metrics

    Estimated valuation£82,825
    Value per sq ft / m²£130/sq ft (£1,404/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN1 district percentile1st percentile
    National percentile2nd 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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