2, Lancaster Drive
2, Lancaster Drive
Description & Estimates
2, Lancaster Drive, Lincoln is recorded publicly as a mid-century freehold house across 936 ft2 of internal area, sitting on a 315 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Lancaster Drive, Lincoln is £216,818 and its rental estimate is £965 per month, given the available information and assuming reasonable condition.
Lancaster Drive, Coningsby, Lincoln, LN4 falls within the LN4 postal district, in the borough of East Lindsey.
Our Data Sources
2, Lancaster Drive, Lincoln has 21 entries in the Land Registry , most recently in June 2019 and a single entry in the EPC database dated February 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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, Lancaster Drive, Lincoln, we estimate a market value of £227,659 and a rental value of £1,014 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £201,641 and £898 per month respectively.
Recent Market Change
Over the last year, 2, Lancaster Drive, Lincoln has seen its estimated sale value drop by £5,073 (2.3%) and its estimated rental value rise by £32 per month (3.4%). This results in an estimated gross rental yield of 5.3%.
Plot Size
HM Land Registry records the plot of land for 2, Lancaster Drive, Lincoln as measuring 315 m2.
That makes it the 14th largest plot in the postcode, where 16 of the 21 other houses have recorded plot data.
Energy Efficiency
2, Lancaster Drive, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Feb 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 2, Lancaster Drive, Lincoln completed on 10th June 2019 at £178,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 36.1% over the period since June 2019.
- Sold Jun 2019£178,000
- Sold May 2001£69,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Lancaster Drive, Lincoln have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th November 2024, was 8, Curtis Drive, Lincoln, LN4 4NQ, a freehold house which sold for £233,000.
Read more about house prices in LN4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 21 addresses on Lancaster Drive, Coningsby, Lincoln, LN4, 2, Lancaster Drive, Lincoln comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £35k less expensive than the average property across the LN4 district.
More reading links
Schools Nearby
- 400mConingsby St Michael's Church of England Primary School
- 1.3kmTattershall Holy Trinity Church of England Primary School
- 1.3kmTattershall Primary School
- 800mThe Barnes Wallis Academy
- 11.7kmWilliam Lovell Church of England Academy
- 12.0kmThe Banovallum School
More reading links
Public Transport Nearby
From 2, Lancaster Drive, Lincoln, the nearest station is Hubberts Bridge, 14.6 kilometres away.
- 14.6kmHubberts Bridge
- 14.7kmSwineshead
- 15.3kmMetheringham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
