40, Mercer Drive, LN1 1AG
40 Mercer Drive is a 130 m² / 1,399 sq ft property in Lincoln. It sold for £326,000 in September 2021. Indexed forward to today's value, that sale is roughly £360k. Recent local prices imply a broad valuation context of £268k to £365k based on its internal area. The Land Registry and EPC data was last updated 1 June 2026.
- Sale history
-
Date Paid price Annual growth After inflation Sep 2021 £326,000 * 3.1% 1.0% Mar 2007 New build New £207,995 na na *This price paid record has been flagged by Land Registry as a 'Category B: Additional Price Paid entry'. This could be due to a variety of reasons, such as the sale being a buy-to-let purchase, a repossession or a transfer to a limited company. When Land Registry suspects that a sale does not reflect full market value (e.g. part-ownership or right to buy), these transactions can be flagged as well. For this reason, we exclude them from our area statistics.
- Internal area
- 130 square metres (1,399 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £2,507 per square metre (£233 per square foot) in Sep 2021. Indexed forward to today's value, this is roughly £2,767 per square metre (£257 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Sep 2021 £326,000 £2,508 £359,743 £2,767 Mar 2007 £207,995 £1,600 £312,512 £2,404 Calculated using the latest EPC internal area of 130 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £359,743. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Lincoln are now selling for between £2,060 and £2,810 per square metre (£191 and £261 per square foot). Based on an internal area of 130 m², this implies a valuation between £268,000 and £365,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- 4
- Type
- Other
- Council tax band
- D
- Plot size
- 346 square metres (3,724 square feet) - map showing freehold boundary lines
- Title number
- LL281719
- Tenure
- Freehold
- Title address
- 40 Mercer Drive, Lincoln
- Owner
-
POLLONIA LIMITED
(Company reference number: 10491232)
Proprietor address: 134 Edmund Street, Birmingham B3 2ES, 39 Mercer Drive, Lincoln LN1 1AG
Price paid on title: £326,000
Ownership record added to Land Registry's corporate ownership dataset 23 Nov 2021
- Summary:
- 28 September 2020 - energy performance certificate grade C
- Certificate:
- View energy certificate on GOV.UK
- Reason for EPC:
- marketed sale
- Tenure:
- Owner-occupied
- Property type:
- Detached House , has 6 habitable rooms. Estimated year built 2003 to 2006
- Area:
- 130 sqm (1,399 square foot) total internal area
- Comments:
- Walls: Cavity wall, as built, insulated (assumed). Roof: Pitched, 200 mm loft insulation. Heating: Boiler and radiators, mains gas.
40 Mercer Drive is worth whatever price a willing buyer and seller agree upon. However, the following can provide useful context.
- HouseMetric estimates the most recent sale price indexed forward to today's value is £359,743.
- Based on an internal area of 130 m² and recent prices in Lincoln, this implies a lower and upper quartile range from £268,000 to £365,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.