56, Mercer Drive
56, Mercer Drive
Description & Estimates
Public records show 56, Mercer Drive, Lincoln to be a modern freehold house with 1,668 ft2 of internal area, sitting on a 280 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
56, Mercer Drive, Lincoln has an estimated sale value of £370,878 and an estimated rental value of £1,219 per month, assuming reasonable condition and based on the information available.
Mercer Drive, Lincoln, LN1 lies in the borough of Lincoln, within the LN1 postal district.
Our Data Sources
56, Mercer Drive, Lincoln has 31 entries in the Land Registry , most recently in January 2023 and a single entry in the EPC database dated February 2016.
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
In very good condition, we estimate 56, Mercer Drive, Lincoln would be worth £389,422, with a potential rental value of £1,280 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £344,916, with a rental value of £1,134 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 56, Mercer Drive, Lincoln has fallen by £12,388 (3.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £27 (2.2%). The property's estimated gross yield is currently 3.9%.
Plot Size
56, Mercer Drive, Lincoln occupies a 280 m2 plot as recorded by HM Land Registry.
Of the 57 other houses in this postcode, 55 have recorded plot sizes, and this one ranks as the 34th largest.
Energy Efficiency
56, Mercer Drive, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Feb 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
56, Mercer Drive, Lincoln last changed hands on 27th January 2023, selling for £375,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 9.4% since January 2023.
- Sold Jan 2023£375,000
- Sold Mar 2016£250,000
- Sold Nov 2006£199,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 800 metres of 56, Mercer Drive, Lincoln across the last 2 years.
Most recently, 1, Vindex Close, Lincoln, LN1 1AH, a freehold house, sold at £385,000 on the 31st March 2025.
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
Our analysis of the public data ranks 56, Mercer Drive, Lincoln as the 16th largest and the 14th most expensive of the 57 addresses on Mercer Drive, Lincoln, LN1.
Against the LN1 postcode district average, it is £129k more expensive than the typical property.
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
Lincoln station is the nearest stop to 56, Mercer Drive, Lincoln at 2.3 kilometres away.
- 2.3kmLincoln
- 6.2kmHykeham
- 7.7kmSaxilby
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
