27 Mercer Drive

    27, MERCER DRIVE, LINCOLN, LINCOLN, LN1 1AG

    This detached freehold property on Mercer Drive last sold in September 2008 for £195,000. Based on price growth in the LN1 district since then, its estimated current value is £265,322 — placing it in the 41st percentile nationally and the 63rd percentile within LN1. The property covers 118 m² (1,270 sq ft), giving an estimated value of £2,248 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,270 sq ft

    118 m²

    Last Sale Price

    £195,000

    Sept 2008

    Estimated Valuation

    £265,322

    Est. £/sq ft

    £209/sq ft

    £2,248/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,270 sq ft (118 m²)
    EPC dateJul 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Sept 2008

    £195,000

    15 Jun 2006

    New build

    £192,495

    Key Metrics

    Estimated valuation£265,322
    Value per sq ft / m²£209/sq ft (£2,248/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN1 district percentile63rd percentile
    National percentile41st 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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