62, Mercer Drive
62, Mercer Drive
Description & Estimates
According to the public record, 62, Mercer Drive, Lincoln is a modern freehold house with 1,740 ft2 of internal area and sits on a 344 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 62, Mercer Drive, Lincoln is £378,912 and the estimated rental value is £1,246 per month.
Mercer Drive, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
Our Data Sources
62, Mercer Drive, Lincoln has 21 entries in the Land Registry , most recently in August 2013 and a single entry in the EPC database dated July 2011.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 62, Mercer Drive, Lincoln is in very good condition we estimate a sale value of £397,858 and a rental value of £1,308 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £352,388 and a rental value of £1,158 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 62, Mercer Drive, Lincoln has decreased by £12,657 (3.3%), while its estimated rental value has grown by £28 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 3.9%.
Plot Size
According to data from HM Land Registry, 62, Mercer Drive, Lincoln sits on a plot of 344 m2.
We have plot size data on 55 out of 57 other houses in the postcode and 62, Mercer Drive, Lincoln sits on the 19th largest plot.
Energy Efficiency
62, Mercer Drive, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 62, Mercer Drive, Lincoln was last sold on 7th August 2013 for £273,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2013, the market for similar properties has risen by 46.2%.
- Sold Aug 2013£273,000
- Sold Sep 2006£267,495
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Mercer Drive, Lincoln within a radius of 780 metres over the last 2 years.
The most recent example is 1, Vindex Close, Lincoln, LN1 1AH, a freehold house which sold for £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.
More reading links
Location Comparison
Mercer Drive, Lincoln, LN1 has a total of 57 addresses. According to our analysis of all the public data, 62, Mercer Drive, Lincoln is the 13th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £137k more expensive than the average property in LN1.
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
The closest station to 62, Mercer Drive, Lincoln is Lincoln station, which is 2.3 kilometres away.
- 2.3kmLincoln
- 6.2kmHykeham
- 7.7kmSaxilby
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
