24, Mercer Drive, LN1 1AG
24 Mercer Drive is a 59 m² terraced home in Lincoln. It sold for £172,000 in Oct 2024.
- Sale history
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Date Paid price Tenure Annual growth After inflation Oct 2024 £172,000 Freehold 6.3% 3.5% Dec 2006 £57,500 Leasehold 5.3% 2.6% Jun 2005 £53,125 Leasehold -8.9% -10.6% Jan 2003 £66,420 Freehold na na - Floor plan
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Archived estate agent floor plan for 24, Mercer Drive.
- Internal area
- 59 square metres (635 square feet) according to latest EPC inspection
- Price per internal area
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This property sold for £2,915 per square metre (£271 per square foot) in Oct 2024. Indexed forward to today's value, this is roughly £3,022 per square metre (£281 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Oct 2024 £172,000 £2,915 £178,295 £3,022 Dec 2006 £57,500 £975 £93,888 £1,591 Jun 2005 £53,125 £900 £93,765 £1,589 Jan 2003 £66,420 £1,126 £128,963 £2,186 Calculated using the latest EPC internal area of 59 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 £178,295. 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 £2,070 and £2,800 per square metre (£192 and £260 per square foot). Based on an internal area of 59 m², this implies a valuation between £122,000 and £165,000. 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
- 2
- Type
- Terrace
- Council tax band
- A
- Plot size
- 168 square metres (1,808 square feet) - map showing freehold boundary lines
- History:
- Archived sales listing for 24 Mercer Drive. Advertised on multiple portals. It was added on 10/06/2024. It last appeared Oct 2024.
- Photos:
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There are 10 archived estate agent listing photos for 24 Mercer Drive.
- Advertiser remarks:
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- 2 bedrooms
- 1 bathrooms
This property has been flagged on the basis of:
- Listed in the 2011 NROSH social housing extract.
- Summary:
- 13 September 2016 - energy performance certificate grade C
- Reason for EPC:
- Marketed sale
- Tenure:
- Owner-occupied
- Property type:
- End-Terrace House , has 4 habitable rooms. Estimated year built 2003 to 2006
- Area:
- 59 sqm (635 square foot) total internal area
- Comments:
- Walls: Cavity wall, as built, insulated (assumed). Roof: Pitched, 150 mm loft insulation. Heating: Boiler and radiators, mains gas.