7, Mercer Drive
7, Mercer Drive
Description & Estimates
Public records show 7, Mercer Drive, Lincoln to be a modern freehold house with 1,745 ft2 of internal area, sitting on a 373 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
7, Mercer Drive, Lincoln has an estimated sale value of £379,933 and an estimated rental value of £1,249 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
7, Mercer Drive, Lincoln has 21 entries in the Land Registry , most recently in August 2010 and a single entry in the EPC database dated November 2009.
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 7, Mercer Drive, Lincoln would be worth £398,930, with a potential rental value of £1,311 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £353,338, with a rental value of £1,161 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 7, Mercer Drive, Lincoln has fallen by £12,691 (3.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £28 (2.2%). The property's estimated gross yield is currently 3.9%.
Plot Size
7, Mercer Drive, Lincoln occupies a 373 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 15th largest.
Energy Efficiency
7, Mercer Drive, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Nov 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
7, Mercer Drive, Lincoln last changed hands on 27th August 2010, selling for £250,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 52.4% since August 2010.
- Sold Aug 2010£250,000
- Sold Sep 2004£249,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 830 metres of 7, 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 7, Mercer Drive, Lincoln as the 12th largest and the 11th most expensive of the 57 addresses on Mercer Drive, Lincoln, LN1.
Against the LN1 postcode district average, it is £138k 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 7, 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.
