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According to the public record, 16, Lee Road, Lincoln is a period freehold house with 1,463 ft2 of internal area and sits on a 573 m2 plot.
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 16, Lee Road, Lincoln is £430,312 and the estimated rental value is £1,396 per month.
Lee Road, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
16, Lee Road, Lincoln has 31 entries in the Land Registry , most recently in September 2019 and a single entry in the EPC database dated November 2017.
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 16, Lee Road, Lincoln is in very good condition we estimate a sale value of £451,828 and a rental value of £1,466 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £400,190 and a rental value of £1,298 per month.
Over the last 12 months the sale value of 16 Lee Road Lincoln has decreased by an estimated £9,758 (2.3%) and its rental value has increased by an estimated £33 per month (2.4%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 16, Lee Road, Lincoln sits on a plot of 573m2.
We have plot size data on 14 out of 17 other houses in the postcode and 16, Lee Road, Lincoln sits on the 7th largest plot.
16, Lee Road, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Nov 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Lee Road, Lincoln was last sold on 27th September 2019 for £410,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2019, the market for similar properties has dropped 9.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Lee Road, Lincoln within a radius of 690 metres over the last 2 years.
The most recent example is 2, Lee Road, Lincoln, LN2 4BH, a freehold house which sold for £435,000 on the 18th September 2024.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lee Road, Lincoln, LN2 has a total of 39 addresses. According to our analysis of all the public data, 16, Lee Road, Lincoln is the 34th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £185k more expensive than the average property in LN2.
The closest station to 16, Lee Road, Lincoln is Lincoln station which is 1.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Lee Road, Lincoln, 55.2% of property is privately owned outright and 35.3% 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 16, Lee Road, Lincoln, 14.6% of residents are recorded as possessing school level qualifications and 55.6% 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 16, Lee Road, Lincoln, the average age was 39.2 and the most common age was 22.
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 16, Lee Road, Lincoln, 2.6% 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 16, Lee Road, 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.