62, MERCER DRIVE, LINCOLN, LN1 1AG - £273,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

62 MERCER DRIVE is a very large detached house of 162m², built sometime between 2003 and 2006. It was last sold for £273,000 in August 2013, which was around 46% above the average August 2013 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

62 MERCER DRIVE Sold Prices

Land registry data shows two sales for 62 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 62 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
2013 7 AUG	£273,000	£186,779	46% above HPI
2006 26 SEP	£267,495	£181,939	47% above HPI

62 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 62 MERCER DRIVE sales from September 2006 and August 2013 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 September 2006 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the August 2013 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 62 MERCER DRIVE?

62 MERCER DRIVE is 162m² according to the EPC inspection conducted in July 2011. 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 62 MERCER DRIVE lies on this distribution: 90% of detached houses are smaller than 62 MERCER DRIVE, and 10% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

62 MERCER DRIVE: Plot and Title Map

62 MERCER DRIVE sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 62 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 62 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 62 MERCER DRIVE?

62 MERCER DRIVE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 62 on MERCER DRIVE.