1, Bancroft Close
1, Bancroft Close
Description & Estimates
1, Bancroft Close, Lincoln is recorded publicly as a modern freehold house across 925 ft2 of internal area, sitting on a 209 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Bancroft Close, Lincoln is £254,720 and its rental estimate is £1,009 per month, given the available information and assuming reasonable condition.
Bancroft Close, Waddington, Lincoln, LN5 falls within the LN5 postal district, in the borough of North Kesteven.
Our Data Sources
1, Bancroft Close, Lincoln has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Bancroft Close, Lincoln, we estimate a market value of £267,456 and a rental value of £1,060 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £236,890 and £938 per month respectively.
Recent Market Change
Over the last year, 1, Bancroft Close, Lincoln has seen its estimated sale value fall by £5,006 (2.0%) and its estimated rental value move up by £28 per month (2.8%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 1, Bancroft Close, Lincoln as measuring 209 m2.
That makes it the 2nd largest plot in the postcode, where 5 of the 10 other houses have recorded plot data.
Energy Efficiency
1, Bancroft Close, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Aug 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Bancroft Close, Lincoln completed on 26th August 2022 at £244,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 8.4% over the period since August 2022.
- Sold Aug 2022£244,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Bancroft Close, Lincoln have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th February 2025, was 1, Brothwell Close, Lincoln, LN5 9TG, a freehold house which sold for £245,000.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 10 addresses on Bancroft Close, Waddington, Lincoln, LN5, 1, Bancroft Close, Lincoln comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £35k more expensive than the average property across the LN5 district.
More reading links
Schools Nearby
- 500mWaddington All Saints Academy
- 2.4kmWaddington Redwood Primary Academy
- 3.2kmColeby Church of England Primary Academy
- 4.4kmSir Robert Pattinson Academy
- 4.7kmNorth Kesteven Academy
- 5.1kmThe Priory Academy LSST
More reading links
Public Transport Nearby
From 1, Bancroft Close, Lincoln, the nearest station is Hykeham, 5.4 kilometres away.
- 5.4kmHykeham
- 7.0kmLincoln
- 10.2kmMetheringham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
