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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, Somme Close, Lincoln is a modern freehold house with 1,173 ft2 of internal area and sits on a 256 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Somme Close, Lincoln is £256,567 and the estimated rental value is £1,061 per month.
Somme Close, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
2, Somme Close, Lincoln has 31 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated March 2016.
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, Somme Close, Lincoln is in very good condition we estimate a sale value of £269,395 and a rental value of £1,114 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,607 and a rental value of £987 per month.
Over the last 12 months the sale value of 2 Somme Close Lincoln has decreased by an estimated £4,762 (1.9%) and its rental value has increased by an estimated £35 per month (3.3%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 2, Somme Close, Lincoln sits on a plot of 256m2.
We have plot size data on 28 out of 28 other houses in the postcode and 2, Somme Close, Lincoln sits on the 7th largest plot.
2, Somme Close, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2016.
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, Somme Close, Lincoln was last sold on 30th October 2017 for £220,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2017, the market for similar properties has risen 64.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Somme Close, Lincoln within a radius of 560 metres over the last 2 years.
The most recent example is 1, Arnhem Close, Lincoln, LN1 3WB, a freehold house which sold for £281,000 on the 20th September 2024.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somme Close, Lincoln, LN1 has a total of 28 addresses. According to our analysis of all the public data, 2, Somme Close, Lincoln is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in LN1.
The closest station to 2, Somme Close, Lincoln is Lincoln station which is 2.4 kilometres 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, Somme Close, Lincoln, 33.5% of property is privately owned outright and 23.8% is socially rented.
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, Somme Close, Lincoln, 12.8% of residents are recorded as possessing school level qualifications and 24.9% 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, Somme Close, Lincoln, the average age was 36.8 and the most common age was 32.
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, Somme Close, Lincoln, 0.3% 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, Somme Close, Lincoln, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
