43, MERCER DRIVE, LINCOLN, LN1 1AG - £360,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

43 MERCER DRIVE is a very large extended detached house of 164m², built sometime between 2003 and 2006. It was last sold for £360,000 in September 2020, which was around 45% above the average September 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was December 2018, where the current energy rating was C, and the potential energy rating was B.

43 MERCER DRIVE Sold Prices

Land registry data shows four sales for 43 MERCER DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the four 43 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
2020 1 SEP	£360,000	£247,788	45% above HPI
2019 28 JUN	£343,000	£248,420	38% above HPI
2019 25 APR	£342,000	£255,076	34% above HPI
2006 30 JUN	£244,045	£181,453	34% above HPI

43 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 four 43 MERCER DRIVE sales between June 2006 and September 2020 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 June 2019 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the September 2020 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 43 MERCER DRIVE?

43 MERCER DRIVE is 164m², which includes two extensions, according to the EPC inspection conducted in December 2018. This puts it in the largest 10% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 43 MERCER DRIVE lies on this distribution: 91% of detached houses are smaller than 43 MERCER DRIVE, and 9% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

43 MERCER DRIVE: Plot and Title Map

43 MERCER DRIVE sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 43 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 43 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 43 MERCER DRIVE?

43 MERCER DRIVE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 43 on MERCER DRIVE.