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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). 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 30% 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	£202,489	30% above HPI
2007 31 MAY	£249,995	£192,260	30% 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 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the May 2014 sale, which was also at 30% above the HPI.

What might 32 MERCER DRIVE be worth now?

32 MERCER DRIVE might now be worth an estimated £391,599.

This is based on house price inflation of 49.2%, between May 2014 and December 2024, for detached houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 49.2% inflationary increase is applied to the most recent sale price for 32 MERCER DRIVE of £262,500 on 7th May 2014. For the value to have increased from £262,500 to £391,599 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 32 MERCER DRIVE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The May 2014 sale price of £262,500 represented a fair market value for the property.
• The size, condition, and specification of 32 MERCER DRIVE has not materially changed since May 2014.

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 houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 32 MERCER DRIVE lies on this distribution: 82% of detached houses 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 0.103 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.