15, MERCER DRIVE, LINCOLN, LN1 1AG - £220,500

15 MERCER DRIVE is a large detached house of 124m², built sometime between 2003 and 2006. It was last sold for £220,500 in August 2014, which was around 10% above the average August 2014 detached price in the Lincoln local authority area. The most recent EPC inspection was February 2014, where the current energy rating was C, and the potential energy rating was B.

15 MERCER DRIVE Sold Prices

Land registry data shows two sales for 15 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 15 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
2014 27 AUG	£220,500	£200,990	10% above HPI
2005 17 MAY	£199,995	£179,035	12% above HPI

15 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 15 MERCER DRIVE sales from May 2005 and August 2014 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 May 2005 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the August 2014 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 15 MERCER DRIVE?

15 MERCER DRIVE is 124m² according to the EPC inspection conducted in February 2014. This puts it in the largest 30% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 15 MERCER DRIVE lies on this distribution: 73% of detached houses are smaller than 15 MERCER DRIVE, and 27% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

15 MERCER DRIVE: Plot and Title Map

15 MERCER DRIVE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 15 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 15 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 15 MERCER DRIVE?

15 MERCER DRIVE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 15 on MERCER DRIVE.