1, Park Lane
1, Park Lane
Description & Estimates
Public records show 1, Park Lane, Lincoln to be a modern freehold house with 4,702 ft2 of internal area, sitting on a 710 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
1, Park Lane, Lincoln has an estimated sale value of £630,999 and an estimated rental value of £2,327 per month, assuming reasonable condition and based on the information available.
Park Lane, Lincoln, LN5 lies in the borough of Lincoln, within the LN5 postal district.
Our Data Sources
1, Park Lane, Lincoln has 31 entries in the Land Registry , most recently in August 2017 and a single entry in the EPC database dated July 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1, Park Lane, Lincoln would be worth £662,549, with a potential rental value of £2,443 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £586,829, with a rental value of £2,164 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Park Lane, Lincoln has decreased by £21,506 (3.4%) over the last year. During the same period, its estimated monthly rental value has grown by £39 (1.7%). The property's estimated gross yield is currently 4.4%.
Plot Size
1, Park Lane, Lincoln occupies a 710 m2 plot as recorded by HM Land Registry.
Of the 15 other houses in this postcode, 8 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
1, Park Lane, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jul 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Park Lane, Lincoln last changed hands on 18th August 2017, selling for £425,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 32.3% since August 2017.
- Sold Aug 2017£425,000
- Sold Feb 2012£490,000
- Sold Feb 2006£75,000
Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales within 630 metres of 1, Park Lane, Lincoln across the last 2 years.
Most recently, 36, Fairfax Street, Lincoln, LN5 8NR, a freehold house, sold at £195,000 on the 31st May 2024.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Park Lane, Lincoln as the largest and the most expensive of the 15 addresses on Park Lane, Lincoln, LN5.
Against the LN5 postcode district average, it is £412k more expensive than the typical property.
More reading links
Schools Nearby
- 200mBracebridge Infant and Nursery School
- 1.3kmSir Francis Hill Community Primary School
- 1.6kmThe Lincoln St Peter at Gowts Church of England Primary School
- 400mThe Priory Academy LSST
- 900mSt Peter and St Paul, Catholic Voluntary Academy
- 1.6kmThe Priory City of Lincoln Academy
More reading links
Public Transport Nearby
Lincoln station is the nearest stop to 1, Park Lane, Lincoln at 2.3 kilometres away.
- 2.3kmLincoln
- 3.3kmHykeham
- 10.0kmSaxilby
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
