45, MERCER DRIVE, LINCOLN, LN1 1AG - £201,000

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

45 MERCER DRIVE is a very large detached house of 142m², built sometime between 2003 and 2006. It was last sold for £201,000 in November 2011, which was around 17% above the average November 2011 detached price in the Lincoln local authority area. The most recent EPC inspection was June 2011, where the current energy rating was C, and the potential energy rating was C.

45 MERCER DRIVE Sold Prices

Land registry data shows two sales for 45 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 45 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
2011 11 NOV	£201,000	£171,917	17% above HPI
2006 30 AUG	£193,996	£180,136	8% above HPI

45 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 45 MERCER DRIVE sales from August 2006 and November 2011 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 August 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the November 2011 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 45 MERCER DRIVE?

45 MERCER DRIVE is 142m² according to the EPC inspection conducted in June 2011. 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 45 MERCER DRIVE lies on this distribution: 83% of detached houses are smaller than 45 MERCER DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

45 MERCER DRIVE: Plot and Title Map

45 MERCER DRIVE sits on a plot of roughly 0.085 of an acre, or 342m². The below map shows the location of 45 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 45 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 45 MERCER DRIVE?

45 MERCER DRIVE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 45 on MERCER DRIVE.