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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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2, Cornelius Close, Lincoln is recorded publicly as a modern freehold house across 828 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Cornelius Close, Lincoln is £237,656 and its rental estimate is £940 per month, given the available information and assuming reasonable condition.
Cornelius Close, Navenby, Lincoln, LN5 falls within the LN5 postal district, in the borough of North Kesteven.
2, Cornelius Close, Lincoln has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated September 2021.
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.
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 2, Cornelius Close, Lincoln, we estimate a market value of £249,539 and a rental value of £987 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £221,020 and £874 per month respectively.
Over the last year, 2, Cornelius Close, Lincoln has seen its estimated sale value decline by £4,671 (2.0%) and its estimated rental value climb by £26 per month (2.8%). This results in an estimated gross rental yield of 4.7%.
2, Cornelius Close, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, Cornelius Close, Lincoln completed on 24th September 2021 at £228,950 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 17.1% over the period since September 2021.
Over the past 2 years 3 properties similar to 2, Cornelius Close, Lincoln have sold within a radius of 4.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th October 2024, was 4, Cornelius Close, Lincoln, LN5 0FS, a freehold house which sold for £215,000.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 6 addresses on Cornelius Close, Navenby, Lincoln, LN5, 2, Cornelius Close, Lincoln comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £18k more expensive than the average property across the LN5 district.
From 2, Cornelius Close, Lincoln, the nearest station is Metheringham, 9.3 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Cornelius Close, Lincoln, 55.9% of property is privately owned outright and 34.3% 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 2, Cornelius Close, Lincoln, 15.5% of residents are recorded as possessing school level qualifications and 37.6% 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 2, Cornelius Close, Lincoln, the average age was 48.4 and the most common age was 57.
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 2, Cornelius Close, Lincoln, 1.3% 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 2, Cornelius Close, Lincoln, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
