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Company No. 11113204
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2 Mill LaneHouse Prices / East Midlands, Lincoln, Mill Lane, LN5 7QN
Last updated May 2026
Key Building Insights
2 Mill Lane is a residential building situated on Mill Lane, Lincoln, LN5 with 2 addresses.
It ranks as the 32nd largest and 208th most expensive of the 333 buildings in the LN5 area.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
Key Building Insights
2 Mill Lane is a residential building situated on Mill Lane, Lincoln, LN5 with 2 addresses.
It ranks as the 32nd largest and 208th most expensive of the 333 buildings in the LN5 area.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
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House Pricesin 2 Mill Lane
Sale prices range from £99,834 for 2 bedroom leasehold flats (452 ft2) to £124,034 for 2 bedroom leasehold flats (727 ft2) .
Monthly rental prices range from £634 pcm for 2 bed flats to £734 pcm for 2 bed flats.
The gross rental yield is between 7.1% and 7.6%.
The average value per square foot is £196.
Average Sale Value
£111,934
Average Rental Value
£684 pcm
Average Rental Yield
7.3% /year
Average Value Per Sqft
£196 /ft2
Sales Market Trendsin 2 Mill Lane
The last sale in 2 Mill Lane sold for £105,000 on 31st October 2008. Since then prices are up an average of 30.3%.
The current average value in the building is £111,934.
The 2 Mill Lane Sales Market has increased by 23.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.4% | £111,934 |
| April 2025 | 4.6% | £114,700 |
| April 2024 | -3.3% | £109,646 |
| April 2023 | 1.5% | £113,429 |
| April 2022 | 6.3% | £111,752 |
| April 2021 | 6.1% | £105,164 |
| April 2020 | 0.6% | £99,157 |
| April 2019 | 3.3% | £98,593 |
| April 2018 | 2.6% | £95,471 |
| April 2017 | 2.2% | £93,066 |
| April 2016 | 3.4% | £91,030 |
| April 2015 | 3% | £88,022 |
| April 2014 | 6.7% | £85,446 |
| April 2013 | 0.7% | £80,053 |
| April 2012 | -0.7% | £79,490 |
| April 2011 | -1.6% | £80,013 |
| April 2010 | -0.1% | £81,348 |
| April 2009 | -10.3% | £81,401 |
| April 2008 | 0.2% | £90,793 |
| April 2007 | 0% | £90,580 |
Rental Market Trendsin 2 Mill Lane
The current average rental value in the building is £684.
The 2 Mill Lane Rental Market has increased by 25.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £684pcm |
| April 2025 | -2.6% | £664pcm |
| April 2024 | 9% | £682pcm |
| April 2023 | 8.4% | £626pcm |
| April 2022 | 0.7% | £577pcm |
| April 2021 | 1.1% | £573pcm |
| April 2020 | 1.1% | £567pcm |
| April 2019 | 2.9% | £561pcm |
| April 2018 | -0.5% | £545pcm |
| April 2017 | 0.7% | £548pcm |
| April 2016 | 2.4% | £544pcm |
| April 2015 | 2% | £532pcm |
| April 2014 | 3.2% | £521pcm |
| April 2013 | 0.1% | £505pcm |
| April 2012 | 2% | £505pcm |
| April 2011 | 1.8% | £495pcm |
| April 2010 | -3.5% | £486pcm |
| April 2009 | -5.7% | £504pcm |
| April 2008 | 3.3% | £534pcm |
| April 2007 | 0% | £517pcm |
Explore Propertiesin 2, Mill Lane, Lincoln, LN5 7QN
Sales Historyin 2, Mill Lane, Lincoln, LN5 7QN
The last sale was on 31st October 2008 for £105,000 and since then the market in the area has increased by 30.3%. The building has had a total of 1 sales since 1995.
2, Mill Lane, Lincoln, LN5 7QN has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin 2 Mill Lane
- 1 modern flat built after 1980
- 1 flat of an unknown age
- modern flat (1)
- flat (1)
Energy Efficiencyof properties in 2 Mill Lane
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (0)
Schools Nearbyto 2, Mill Lane, Lincoln, LN5 7QN
The nearest primary school to 2, Mill Lane, Lincoln, LN5 7QN is The Lincoln St Peter at Gowts Church of England Primary School which is 138 metres away.
- 138mThe Lincoln St Peter at Gowts Church of England Primary School
- 647mThe Lincoln Bishop King Church of England Primary School
- 953mSir Francis Hill Community Primary School
The nearest secondary school is The Priory Academy LSST which is 1.4 kilometres away.
- 1.4kmThe Priory Academy LSST
- 1.5kmLincoln UTC
- 1.6kmSt Peter and St Paul, Catholic Voluntary Academy
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Public Transport Nearbyto 2, Mill Lane, Lincoln, LN5 7QN
The closest station to 2, Mill Lane, Lincoln, LN5 7QN is Lincoln station which is 700 metres away.
- 702mLincoln
- 4.5kmHykeham
- 9.4kmSaxilby
- 11.9kmSwinderby
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