58, MERCER DRIVE, LINCOLN, LN1 1AG - £299,950

58 MERCER DRIVE is a large detached house of 118m², built sometime between 2003 and 2006. It was last sold for £299,950 in July 2020, which was around 17% above the average July 2020 detached price in the Lincoln local authority area. The most recent EPC inspection was July 2013, where the current energy rating was C, and the potential energy rating was B.

58 MERCER DRIVE Sold Prices

Land registry data shows three sales for 58 MERCER DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Lincoln local authority area for the corresponding sale date. All of the three 58 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
2020 10 JUL	£299,950	£256,106	17% above HPI
2014 23 JUL	£224,000	£199,333	12% above HPI
2006 17 NOV	£199,995	£185,647	8% above HPI

58 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 three 58 MERCER DRIVE sales between November 2006 and July 2020 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 July 2014 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the July 2020 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 58 MERCER DRIVE?

58 MERCER DRIVE is 118m² according to the EPC inspection conducted in July 2013. This puts it in the largest 40% of detached houses in Lincoln, based on EPC data. The below chart shows the distribution of detached houses by size in Lincoln, and where 58 MERCER DRIVE lies on this distribution: 68% of detached houses are smaller than 58 MERCER DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

58 MERCER DRIVE: Plot and Title Map

58 MERCER DRIVE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 58 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 58 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 58 MERCER DRIVE?

58 MERCER DRIVE is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 58 on MERCER DRIVE.