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According to the public record, 2, Cornwall House, Lincoln is a mid-century apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cornwall House, Lincoln is £77,099 and the estimated rental value is £597 per month.
The apartment is within Cornwall House, Ravendale Drive, Lincoln, LN2.
Ravendale Drive, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
2, Cornwall House, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated January 2020.
We combine this information with public data 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.
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 2, Cornwall House, Lincoln is in very good condition we estimate a sale value of £80,954 and a rental value of £627 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £71,702 and a rental value of £555 per month.
Over the last 12 months the sale value of 2 Cornwall House Lincoln has decreased by an estimated £878 (1.1%) and its rental value has increased by an estimated £26 per month (4.3%), giving an expected gross yield of 9.3%.
2, Cornwall House, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cornwall House, Lincoln within a radius of 570 metres over the last 2 years.
The most recent example is 38, Cathedral View Court, Lincoln, LN2 2GF, a leasehold flat which sold for £62,000 on the 4th October 2024.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ravendale Drive, Lincoln, LN2 has a total of 21 addresses. According to our analysis of all the public data, 2, Cornwall House, Lincoln is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £168k less expensive than the average property in LN2.
The closest station to 2, Cornwall House, Lincoln is Lincoln station which is 2.4 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 2, Cornwall House, Lincoln, 44.3% of property is privately owned outright and 31.3% is socially rented.
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, Cornwall House, Lincoln, 20.0% of residents are recorded as possessing school level qualifications and 18.9% 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 2, Cornwall House, 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 2, Cornwall House, 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 2, Cornwall House, Lincoln, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.