49 Mercer Drive

    49, MERCER DRIVE, LINCOLN, LN1 1AG

    This detached freehold property on Mercer Drive last sold in July 2022 for £522,500. Based on price growth in the LN1 district since then, its estimated current value is £439,989 — placing it in the 73rd percentile nationally and the 92nd percentile within LN1. The property covers 192 m² (2,067 sq ft), giving an estimated value of £2,292 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,067 sq ft

    192 m²

    Last Sale Price

    £522,500

    Jul 2022

    Estimated Valuation

    £439,989

    Est. £/sq ft

    £213/sq ft

    £2,292/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area2,067 sq ft (192 m²)
    EPC dateNov 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Jul 2022

    £522,500

    3 Apr 2008

    £342,500

    22 Sept 2006

    New build

    £324,995

    Key Metrics

    Estimated valuation£439,989
    Value per sq ft / m²£213/sq ft (£2,292/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN1 district percentile92nd percentile
    National percentile73rd 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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