2, Pingle Lane
2, Pingle Lane
Description & Estimates
The public record describes 2, Pingle Lane, Lincoln as a modern house with 3,347 ft2 of internal area, sitting on a 1,247 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
2, Pingle Lane, Lincoln has an estimated sale value of £523,815 and an estimated rental value of £1,932 per month, assuming reasonable condition and based on the information available.
Pingle Lane, Wellingore, Lincoln, LN5 lies in the borough of North Kesteven, within the LN5 postal district.
Our Data Sources
2, Pingle Lane, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated February 2018.
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.
Price Range & Condition
In very good condition, we estimate 2, Pingle Lane, Lincoln would be worth £550,005, with a potential rental value of £2,028 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £487,148, with a rental value of £1,796 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, Pingle Lane, Lincoln has declined by £17,853 (3.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £32 (1.7%). The property's estimated gross yield is currently 4.4%.
Plot Size
2, Pingle Lane, Lincoln occupies a 1,247 m2 plot as recorded by HM Land Registry.
All 4 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
2, Pingle Lane, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Feb 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.7 kilometres of 2, Pingle Lane, Lincoln across the last 2 years.
Most recently, 48, High Street, Lincoln, LN5 0DZ, a freehold house, sold at £670,000 on the 14th September 2017.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Pingle Lane, Lincoln as the largest and the most expensive of the 4 addresses on Pingle Lane, Wellingore, Lincoln, LN5.
Against the LN5 postcode district average, it is £304k more expensive than the typical property.
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Schools Nearby
- 1.4kmNavenby Church of England Primary School
- 3.0kmThe Welbourn Church of England Primary School
- 4.2kmColeby Church of England Primary Academy
- 4.2kmSir William Robertson Academy, Welbourn
- 10.8kmSir Robert Pattinson Academy
- 11.0kmNorth Kesteven Academy
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Public Transport Nearby
Metheringham station is the nearest stop to 2, Pingle Lane, Lincoln at 10.3 kilometres away.
- 10.3kmMetheringham
- 11.7kmRuskington
- 11.9kmHykeham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
