2, Grainfield Lane
2, Grainfield Lane
Description & Estimates
According to the public record, 2, Grainfield Lane, Lincoln is a modern freehold house with 1,894 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 2, Grainfield Lane, Lincoln is £332,944 and the estimated rental value is £1,364 per month.
Grainfield Lane, Digby, Lincoln, LN4 is located in the borough of North Kesteven within the LN4 postal district.
Our Data Sources
2, Grainfield Lane, Lincoln has a single entry in the Land Registry from May 2021 and a single entry in the EPC database dated May 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.
Price Range & Condition
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, Grainfield Lane, Lincoln is in very good condition we estimate a sale value of £349,591 and a rental value of £1,432 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £309,638 and a rental value of £1,268 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Grainfield Lane, Lincoln has declined by £11,455 (3.4%), while its estimated rental value has climbed by £23 per month (1.7%). Based on current estimates, the property offers a gross rental yield of 4.9%.
Energy Efficiency
2, Grainfield Lane, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 May 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
According to HM Land Registry, 2, Grainfield Lane, Lincoln was last sold on 28th May 2021 for £375,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has dropped by 0.6%.
- Sold May 2021£375,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Grainfield Lane, Lincoln within a radius of 3.9 kilometres over the last 2 years.
The most recent example is 27A, Beck Street, Lincoln, LN4 3NE, a freehold house which sold for £475,000 on the 28th November 2022.
Read more about house prices in LN4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Grainfield Lane, Digby, Lincoln, LN4 has a total of 17 addresses. According to our analysis of all the public data, 2, Grainfield Lane, Lincoln is the largest and the most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in LN4.
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Schools Nearby
- 400mDigby Church of England School
- 3.8kmDigby the Tedder Primary School
- 4.2kmRuskington Chestnut Street Church of England Academy
- 9.0kmCarre's Grammar School
- 9.2kmSt George's Academy
- 9.6kmKesteven and Sleaford High School Selective Academy
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Public Transport Nearby
The closest station to 2, Grainfield Lane, Lincoln is Ruskington station, which is 4.5 kilometres away.
- 4.5kmRuskington
- 6.4kmMetheringham
- 9.8kmSleaford
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
