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According to the public record, 1, Mulsanne Way, Lincoln is a modern freehold house with 1,302 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Mulsanne Way, Lincoln is £407,251 and the estimated rental value is £1,361 per month.
Mulsanne Way, Nettleham, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
1, Mulsanne Way, Lincoln has 2 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Mulsanne Way, Lincoln is in very good condition we estimate a sale value of £427,613 and a rental value of £1,430 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £378,743 and a rental value of £1,266 per month.
Over the past 12 months, the estimated sale value of 1, Mulsanne Way, Lincoln has dropped by £9,235 (2.3%), while its estimated rental value has risen by £32 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 4.0%.
1, Mulsanne Way, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Sep 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Mulsanne Way, Lincoln was last sold on 3rd December 2021 for £355,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2021, the market for similar properties has dropped by 7.2%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Mulsanne Way, Lincoln within a radius of 1.6 kilometres over the last 2 years.
The most recent example is 8, Arnage Court, Lincoln, LN2 2ZB, a freehold house which sold for £405,000 on the 20th August 2021.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mulsanne Way, Nettleham, Lincoln, LN2 has a total of 13 addresses. According to our analysis of all the public data, 1, Mulsanne Way, Lincoln is the 10th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £162k more expensive than the average property in LN2.
The closest station to 1, Mulsanne Way, Lincoln is Lincoln station, which is 5.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Mulsanne Way, Lincoln, 55.2% of property is privately owned outright and 30.8% 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 1, Mulsanne Way, Lincoln, 15.3% of residents are recorded as possessing school level qualifications and 36.9% 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 1, Mulsanne Way, Lincoln, the average age was 46.5 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 1, Mulsanne Way, Lincoln, 1.0% 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 1, Mulsanne Way, Lincoln, 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.