2, George Close
2, George Close
Description & Estimates
Public records show 2, George Close, Lincoln to be a modern freehold house with 1,367 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, George Close, Lincoln has an estimated sale value of £321,647 and an estimated rental value of £1,241 per month, assuming reasonable condition and based on the information available.
George Close, Branston, Lincoln, LN4 lies in the borough of North Kesteven, within the LN4 postal district.
Our Data Sources
2, George Close, Lincoln has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, George Close, Lincoln would be worth £337,729, with a potential rental value of £1,303 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £299,132, with a rental value of £1,154 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 2, George Close, Lincoln has moved down by £11,066 (3.4%) over the last year. During the same period, its estimated monthly rental value has increased by £21 (1.7%). The property's estimated gross yield is currently 4.6%.
Energy Efficiency
2, George Close, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Jan 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, George Close, Lincoln last changed hands on 11th February 2022, selling for £318,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 1.1% since February 2022.
- Sold Feb 2022£318,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.7 kilometres of 2, George Close, Lincoln across the last 2 years.
Most recently, 25, Goldcrest Avenue, Lincoln, LN4 1FW, a freehold house, sold at £340,000 on the 11th December 2024.
Read more about house prices in LN4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 2, George Close, Lincoln as the 2nd largest and the 2nd most expensive of the 5 addresses on George Close, Branston, Lincoln, LN4.
Against the LN4 postcode district average, it is £70k more expensive than the typical property.
More reading links
Schools Nearby
- 700mBranston Junior Academy
- 1.4kmBranston Church of England Infant Academy
- 2.8kmHeighington Millfield Primary Academy
- 1.2kmBranston Community Academy
- 5.9kmThe Priory Academy LSST
- 6.4kmThe Priory Pembroke Academy
More reading links
Public Transport Nearby
Lincoln station is the nearest stop to 2, George Close, Lincoln at 6.5 kilometres away.
- 6.5kmLincoln
- 7.4kmMetheringham
- 9.0kmHykeham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
