32, MERCER DRIVE, LINCOLN, LN1 1AG - £262,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

32 MERCER DRIVE is a very large detached house of 142m², built sometime between 2003 and 2006. It was last sold for £262,500 in May 2014, which was around 31% above the average May 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was C.

32 MERCER DRIVE Sold Prices

Land registry data shows two sales for 32 MERCER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. Both of the two 32 MERCER DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 7 MAY	£262,500	£199,956	31% above HPI
2007 31 MAY	£249,995	£189,855	32% above HPI

32 MERCER DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Lincoln local authority area over time, sourced from the HPI. The two 32 MERCER DRIVE sales from May 2007 and May 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2007 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the May 2014 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

How Large is 32 MERCER DRIVE?

32 MERCER DRIVE is 142m² according to the EPC inspection conducted in October 2013. This puts it in the largest 20% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 32 MERCER DRIVE lies on this distribution: 83% of detached houses are smaller than 32 MERCER DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

32 MERCER DRIVE: Plot and Title Map

32 MERCER DRIVE sits on a plot of roughly 0.102 of an acre, or 415m². The below map shows the location of 32 MERCER DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 32 MERCER DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 32 MERCER DRIVE?

32 MERCER DRIVE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 32 on MERCER DRIVE.