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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Rasen Lane, Lincoln is a modern freehold house with 1,323 ft2 of internal area and sits on a 123 m2 plot.
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, Rasen Lane, Lincoln is £275,553 and the estimated rental value is £1,156 per month.
Rasen Lane, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
2, Rasen Lane, Lincoln has 2 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated July 2015.
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.
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, Rasen Lane, Lincoln is in very good condition we estimate a sale value of £289,330 and a rental value of £1,213 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £256,264 and a rental value of £1,075 per month.
Over the last 12 months the sale value of 2 Rasen Lane Lincoln has decreased by an estimated £9,204 (3.3%) and its rental value has increased by an estimated £26 per month (2.2%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 2, Rasen Lane, Lincoln sits on a plot of 123m2.
We have plot size data on 13 out of 15 other houses in the postcode and 2, Rasen Lane, Lincoln sits on the 11th largest plot.
2, Rasen Lane, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jul 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Rasen Lane, Lincoln was last sold on 2nd December 2022 for £392,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2022, the market for similar properties has risen 19.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Rasen Lane, Lincoln within a radius of 450 metres over the last 2 years.
The most recent example is 10, Rasen Lane, Lincoln, LN1 3EY, a freehold house which sold for £175,000 on the 4th October 2019.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rasen Lane, Lincoln, LN1 has a total of 129 addresses. According to our analysis of all the public data, 2, Rasen Lane, Lincoln is the 9th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £34k more expensive than the average property in LN1.
The closest station to 2, Rasen Lane, Lincoln is Lincoln station which is 1.4 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, Rasen Lane, Lincoln, 43.2% of property is privately rented and 22.5% is privately owned outright.
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, Rasen Lane, Lincoln, 34.6% of residents are recorded as possessing school level qualifications and 35.5% 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, Rasen Lane, 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, Rasen Lane, Lincoln, 0.4% 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, Rasen Lane, 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.
