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According to the public record, 2, Ripon Street, Lincoln is a period apartment with 290 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Ripon Street, Lincoln is £44,476 and the estimated rental value is £309 per month.
The apartment is within 2, Ripon Street, Lincoln, LN5.
Ripon Street, Lincoln, LN5 is located in the borough of Lincoln within the LN5 postal district.
2, Ripon Street, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated July 2021.
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.
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, Ripon Street, Lincoln is in very good condition we estimate a sale value of £46,700 and a rental value of £325 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £41,363 and a rental value of £288 per month.
Over the last 12 months the sale value of 2 Ripon Street Lincoln has decreased by an estimated £1,229 (2.8%) and its rental value has increased by an estimated £8 per month (2.5%), giving an expected gross yield of 8.3%.
2, Ripon Street, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 320 metres radius of 2, Ripon Street, Lincoln over the last 2 years.
The most recent example is 2A, Ripon Street, Lincoln, LN5 7NL, a freehold house which sold for £125,000 on the 27th March 2024.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ripon Street, Lincoln, LN5 has a total of 152 addresses. According to our analysis of all the public data, 2, Ripon Street, Lincoln is the 152nd largest and the 152nd most expensive property on the street.
When compared to the postcode district it is £173k less expensive than the average property in LN5.
The closest station to 2, Ripon Street, Lincoln is Lincoln station which is 400 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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, Ripon Street, Lincoln, 67.4% of property is privately rented and 14.5% is privately owned with a mortgage.
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, Ripon Street, Lincoln, 38.0% of residents are recorded as possessing school level qualifications and 17.9% 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, Ripon Street, Lincoln, the average age was 33.7 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, Ripon Street, Lincoln, 1.6% 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, Ripon Street, Lincoln, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.