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According to the public record, 14, Walnut Tree Close, Lincoln is a modern freehold house with 1,829 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 14, Walnut Tree Close, Lincoln is £539,396 and the estimated rental value is £1,719 per month.
Walnut Tree Close, Reepham, Lincoln, LN3 is located in the borough of West Lindsey within the LN3 postal district.
14, Walnut Tree Close, Lincoln has a single entry in the Land Registry from May 2022 and a single entry in the EPC database dated April 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.
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 14, Walnut Tree Close, Lincoln is in very good condition we estimate a sale value of £566,366 and a rental value of £1,805 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £501,638 and a rental value of £1,599 per month.
Over the last 12 months the sale value of 14 Walnut Tree Close Lincoln has decreased by an estimated £15,783 (2.9%) and its rental value has increased by an estimated £43 per month (2.5%), giving an expected gross yield of 3.8%.
14, Walnut Tree Close, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Apr 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 14, Walnut Tree Close, Lincoln was last sold on 27th May 2022 for £825,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2022, the market for similar properties has dropped 12.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Walnut Tree Close, Lincoln within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 2, Manor Rise, Lincoln, LN3 4GA, a freehold house which sold for £495,000 on the 13th September 2024.
Read more about house prices in LN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Walnut Tree Close, Reepham, Lincoln, LN3 has a total of 7 addresses. According to our analysis of all the public data, 14, Walnut Tree Close, Lincoln is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £287k more expensive than the average property in LN3.
The closest station to 14, Walnut Tree Close, Lincoln is Lincoln station which is 7.3 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 14, Walnut Tree Close, Lincoln, 58.3% of property is privately owned outright and 32.6% 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 14, Walnut Tree Close, Lincoln, 16.7% of residents are recorded as possessing school level qualifications and 34.3% 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 14, Walnut Tree Close, Lincoln, 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 14, Walnut Tree Close, Lincoln, 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 14, Walnut Tree Close, 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.