48 Mercer Drive

    48, MERCER DRIVE, LINCOLN, LN1 1AG

    This detached freehold property on Mercer Drive last sold in May 2014 for £220,000. Based on price growth in the LN1 district since then, its estimated current value is £323,011 — placing it in the 54th percentile nationally and the 77th percentile within LN1. The property covers 128 m² (1,378 sq ft), giving an estimated value of £2,524 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,378 sq ft

    128 m²

    Last Sale Price

    £220,000

    May 2014

    Estimated Valuation

    £323,011

    Est. £/sq ft

    £234/sq ft

    £2,524/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 area1,378 sq ft (128 m²)
    EPC dateJul 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 May 2014

    £220,000

    21 Jan 2011

    £207,500

    17 Apr 2007

    £219,995

    Key Metrics

    Estimated valuation£323,011
    Value per sq ft / m²£234/sq ft (£2,524/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN1 district percentile77th percentile
    National percentile54th 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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