16, MERCER DRIVE, LINCOLN, LN1 1AG - £180,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

16 MERCER DRIVE is a very small extended terraced house of 59m², built sometime between 1996 and 2002, which could now be worth an estimated £186,063. It was last sold for £180,000 in November 2024, which was around 17% above the average November 2024 terraced price in the Lincoln local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

16 MERCER DRIVE Sold Prices

Land registry data shows five sales for 16 MERCER DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Lincoln local authority area for the corresponding sale date. Most of the five 16 MERCER DRIVE sales were for below 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
2024 8 NOV	£180,000	£153,485	17% above HPI
2016 21 OCT	£135,000	£116,584	16% above HPI
2012 2 AUG	£52,500	£92,625	43% below HPI
2005 10 JUN	£53,125	£91,879	42% below HPI
2004 10 DEC	£66,420	£87,564	24% below HPI

16 MERCER DRIVE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lincoln local authority area over time, sourced from the HPI. The five 16 MERCER DRIVE sales between December 2004 and November 2024 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 October 2016 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the November 2024 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 16 MERCER DRIVE be worth now?

16 MERCER DRIVE might now be worth an estimated £186,063.

This is based on house price inflation of 3.4%, between November 2024 and June 2025, for terraced houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.4% inflationary increase is applied to the most recent sale price for 16 MERCER DRIVE of £180,000 on 8th November 2024. For the value to have increased from £180,000 to £186,063 over the one year and five months to June 2025, the following assumptions must hold true:

• The value of 16 MERCER DRIVE has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The November 2024 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MERCER DRIVE has not materially changed since November 2024.

How Large is 16 MERCER DRIVE?

16 MERCER DRIVE is 59m², which includes one extension, according to the EPC inspection conducted in April 2024. This puts it in the smallest 10% of terraced houses houses in Lincoln, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lincoln, and where 16 MERCER DRIVE lies on this distribution: 5% of terraced houses houses are smaller than 16 MERCER DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

16 MERCER DRIVE: Plot and Title Map

16 MERCER DRIVE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 16 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 16 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 16 MERCER DRIVE?

16 MERCER DRIVE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 16 on MERCER DRIVE.