43, Mercer Drive
43, Mercer Drive
Description & Estimates
43, Mercer Drive, Lincoln is recorded publicly as a modern freehold house across 1,765 ft2 of internal area, sitting on a 373 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 43, Mercer Drive, Lincoln is £382,023 and its rental estimate is £1,256 per month, given the available information and assuming reasonable condition.
Mercer Drive, Lincoln, LN1 falls within the LN1 postal district, in the borough of Lincoln.
Our Data Sources
43, Mercer Drive, Lincoln has 31 entries in the Land Registry , most recently in September 2020 and a single entry in the EPC database dated December 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 43, Mercer Drive, Lincoln, we estimate a market value of £401,124 and a rental value of £1,319 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £355,281 and £1,168 per month respectively.
Recent Market Change
Over the last year, 43, Mercer Drive, Lincoln has seen its estimated sale value decline by £12,761 (3.3%) and its estimated rental value climb by £28 per month (2.2%). This results in an estimated gross rental yield of 3.9%.
Plot Size
HM Land Registry records the plot of land for 43, Mercer Drive, Lincoln as measuring 373 m2.
That makes it the 14th largest plot in the postcode, where 55 of the 57 other houses have recorded plot data.
Energy Efficiency
43, Mercer Drive, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Dec 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 43, Mercer Drive, Lincoln completed on 1st September 2020 at £360,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 10.0% over the period since September 2020.
- Sold Sep 2020£360,000
- Sold Jun 2019£343,000
- Sold Jun 2006£244,045
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 43, Mercer Drive, Lincoln have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2025, was 1, Vindex Close, Lincoln, LN1 1AH, a freehold house which sold for £385,000.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 57 addresses on Mercer Drive, Lincoln, LN1, 43, Mercer Drive, Lincoln comes out as the 10th largest and the 10th most expensive in our analysis of the public data.
It is also £140k more expensive than the average property across the LN1 district.
More reading links
Schools Nearby
- 800mMount Street Academy
- 1.2kmThe St Faith and St Martin Church of England Junior School, Lincoln
- 1.2kmThe St Faith's Church of England Infant and Nursery School, Lincoln
- 1.1kmLincoln Castle Academy
- 1.9kmLincoln UTC
- 2.3kmLincoln Christ's Hospital School
More reading links
Public Transport Nearby
From 43, Mercer Drive, Lincoln, the nearest station is Lincoln, 2.3 kilometres away.
- 2.3kmLincoln
- 6.2kmHykeham
- 7.7kmSaxilby
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
