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28 Spring Hill is a residential building situated on Spring Hill, Reepham, Lincoln, LN3 with 4 addresses.
It ranks as the 20th largest and 23rd most expensive of the 29 buildings in the LN3 area. The dominant property type is a modern house built after 1980.
The building contains a total of 4 properties: 4 flats.
28 Spring Hill is a residential building situated on Spring Hill, Reepham, Lincoln, LN3 with 4 addresses.
It ranks as the 20th largest and 23rd most expensive of the 29 buildings in the LN3 area. The dominant property type is a modern house built after 1980.
The building contains a total of 4 properties: 4 flats.
Sale prices range from £111,621 for 2 bedroom leasehold flats (740 ft2) to £197,094 for 3 bedroom freehold houses with a garden (871 ft2) .
Monthly rental prices range from £654 pcm for 2 bed flats to £968 pcm for 3 bed houses.
The gross rental yield is between 5.9% and 7.0%.
The average value per square foot is £227.
The last sale in 28 Spring Hill sold for £65,000 on 1st September 2016. Since then prices are up an average of 38.0%.
The current average value in the building is £175,097.
The 28 Spring Hill Sales Market has increased by 33.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.3% | £175,097 |
| May 2025 | 1.7% | £177,426 |
| May 2024 | -1.4% | £174,470 |
| May 2023 | 1.1% | £176,988 |
| May 2022 | 12.1% | £174,982 |
| May 2021 | 5.5% | £156,115 |
| May 2020 | 6.1% | £147,990 |
| May 2019 | -0.1% | £139,457 |
| May 2018 | 3.3% | £139,541 |
| May 2017 | 3.3% | £135,094 |
| May 2016 | 6.8% | £130,804 |
| May 2015 | 4.8% | £122,514 |
| May 2014 | 4.6% | £116,906 |
| May 2013 | 0.4% | £111,732 |
| May 2012 | -1.6% | £111,281 |
| May 2011 | -0.8% | £113,070 |
| May 2010 | 8.4% | £114,002 |
| May 2009 | -13.7% | £105,126 |
| May 2008 | -0.9% | £121,880 |
| May 2007 | 0% | £123,022 |
The current average rental value in the building is £887.
The 28 Spring Hill Rental Market has increased by 47.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.4% | £887pcm |
| May 2025 | 4.2% | £850pcm |
| May 2024 | 6.8% | £816pcm |
| May 2023 | 7.6% | £764pcm |
| May 2022 | 6.2% | £710pcm |
| May 2021 | 4.3% | £668pcm |
| May 2020 | 2.5% | £640pcm |
| May 2019 | 0.9% | £625pcm |
| May 2018 | 0.9% | £619pcm |
| May 2017 | 2.2% | £613pcm |
| May 2016 | 2.4% | £600pcm |
| May 2015 | 3% | £586pcm |
| May 2014 | 2.8% | £569pcm |
| May 2013 | 0.9% | £553pcm |
| May 2012 | 2.2% | £548pcm |
| May 2011 | 2% | £536pcm |
| May 2010 | -1.3% | £526pcm |
| May 2009 | -3.7% | £532pcm |
| May 2008 | 3% | £553pcm |
| May 2007 | 0% | £537pcm |
The last sale was on 1st September 2016 for £65,000 and since then the market in the area has increased by 38.0%. The building has had a total of 1 sales since 1995.
28, Spring Hill, Reepham, Lincoln, LN3 4DX has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 28, Spring Hill, Reepham, Lincoln, LN3 4DX is Lincoln station which is 6.7 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 28, Spring Hill, Reepham, Lincoln, LN3 4DX, 41.8% of property is privately owned outright and 27.1% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 28, Spring Hill, Reepham, Lincoln, LN3 4DX, 21.5% of residents are recorded as possessing school level qualifications and 33.8% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 28, Spring Hill, Reepham, Lincoln, LN3 4DX, the average age was 45.5 and the most common age was 72.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 28, Spring Hill, Reepham, Lincoln, LN3 4DX, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 28, Spring Hill, Reepham, Lincoln, LN3 4DX, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.