27, MERCER DRIVE, LINCOLN, LN1 1AG - £195,000

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.

27 MERCER DRIVE is a large extended detached house of 118m², built sometime between 2003 and 2006, which could now be worth an estimated £327,362. It was last sold for £195,000 in September 2008, which was around 6% above the average September 2008 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2024, where the current energy rating was C, and the potential energy rating was B.

27 MERCER DRIVE Sold Prices

Land registry data shows two sales for 27 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 27 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
2008 22 SEP	£195,000	£183,217	6% above HPI
2006 15 JUN	£192,495	£183,752	5% above HPI

27 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 27 MERCER DRIVE sales from June 2006 and September 2008 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 June 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2008 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 27 MERCER DRIVE be worth now?

27 MERCER DRIVE might now be worth an estimated £327,362.

This is based on house price inflation of 67.9%, between September 2008 and June 2025, for detached 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 67.9% inflationary increase is applied to the most recent sale price for 27 MERCER DRIVE of £195,000 on 22nd September 2008. For the value to have increased from £195,000 to £327,362 over the seventeen years and three months to June 2025, the following assumptions must hold true:

• The value of 27 MERCER DRIVE has moved in line with the HPI for detached houses in the Lincoln local authority area.
• The September 2008 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 27 MERCER DRIVE has not materially changed since September 2008.

How Large is 27 MERCER DRIVE?

27 MERCER DRIVE is 118m², which includes one extension, according to the EPC inspection conducted in July 2024. This puts it in the largest 40% of detached houses houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses houses by size in Lincoln, and where 27 MERCER DRIVE lies on this distribution: 67% of detached houses houses are smaller than 27 MERCER DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

27 MERCER DRIVE: Plot and Title Map

27 MERCER DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 27 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 27 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 27 MERCER DRIVE?

27 MERCER DRIVE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 27 on MERCER DRIVE.