3 Mercer Drive, Lincoln, LN1 1AG is a freehold detached property built between 2003-2006. The property offers approximately 1,399 square feet of living space. In this location, properties of similar size usually have five bedrooms.

The estimated current market value of the property is £325,122 , which equates to approximately £232 per square foot. It was last sold on 23 Apr 2019 for £273,500. Since then, the value has increased by £51,622, representing a 18.9% increase, or approximately 2.8% per year.

The current estimated value of £325,122 is:

  • 7.2% higher than the average property price on Mercer Drive
  • 3.5% lower than the average in the LN1 1AG postcode area
  • and 35.1% higher than the average price for Lincoln as a whole

At the most recent EPC inspection on 15 February 2019, the property was recorded as owner-occupied.

View sold house prices in LN1 1AG

Building approximate location

About Property

Type
Detached House
Built
2003-2006
Interior Size
1399 sq ft
Tenure
Freehold
Price (estimate)
£325,122
Price Per sq ft (estimate)
£232
Bedroom Count (estimate)
5 bedrooms

EPC Summary

3 Mercer Drive, Lincoln, Lincolnshire, LN1 1AG has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 15 Feb 2019.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 270 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 47% of fixed outlets
Good

Compared to LN1 1AG

43 rd / 57
Price Rank
4% lower than average
20 th / 44
Size Rank
5% bigger than average
40 th / 44
Price Per Sq FT Rank
8% lower than average

Compared to other properties in LN1 1AG , this house's estimated value ranks 43th out of 57. Based on price per square foot, it ranks 40th out of 44 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 20th out of 44 properties in its postcode area.

Sale History

Today
£325,122
streetscan.co.uk estimate
+19 %
23 Apr 2019
£273,500
Leasehold
+51.9 %
24 Sep 2004
£179,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 6
size: 1399 sq ft
sale price: £333,000
sale date: 20 Dec 2023
rooms: 6
size: 1270 sq ft
sale price: £299,950
sale date: 10 Jul 2020
rooms: 8
size: 1561 sq ft
sale price: £310,000
sale date: 18 Aug 2016
rooms: 6
size: 1341 sq ft
sale price: £227,000
sale date: 25 Aug 2015
rooms: 7
size: 1475 sq ft
sale price: £229,000
sale date: 1 Dec 2014

Data Sources

The property at 3 Mercer Drive, Lincoln, LN1 1AG appears two times in the Land Registry records, with the latest transaction recorded on 23 Apr 2019. It also has a single Energy Performance Certificate (EPC) from 15 Feb 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.