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According to the public record, 2, The Oval, Lincoln is a mid-century freehold house with 807 ft2 of internal area and sits on a 214 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, The Oval, Lincoln is £163,362 and the estimated rental value is £933 per month.
The Oval, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
2, The Oval, Lincoln has 41 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated November 2020.
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, The Oval, Lincoln is in very good condition we estimate a sale value of £171,530 and a rental value of £980 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £151,927 and a rental value of £868 per month.
Over the last 12 months the sale value of 2 The Oval Lincoln has decreased by an estimated £3,561 (2.2%) and its rental value has increased by an estimated £28 per month (3.0%), giving an expected gross yield of 6.9%.
According to data from HM Land Registry, 2, The Oval, Lincoln sits on a plot of 214m2.
We have plot size data on 19 out of 40 other houses in the postcode and 2, The Oval, Lincoln sits on the 18th largest plot.
2, The Oval, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Nov 2020.
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, The Oval, Lincoln was last sold on 29th September 2023 for £177,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since September 2023, the market for similar properties has risen 45.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Oval, Lincoln within a radius of 520 metres over the last 2 years.
The most recent example is 79, Lamb Gardens, Lincoln, LN2 4EG, a freehold house which sold for £175,000 on the 9th December 2022.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Oval, Lincoln, LN2 has a total of 40 addresses. According to our analysis of all the public data, 2, The Oval, Lincoln is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in LN2.
The closest station to 2, The Oval, Lincoln is Lincoln station which is 2.6 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, The Oval, Lincoln, 70.0% of property is socially rented and 15.4% 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, The Oval, Lincoln, 28.2% of residents are recorded as possessing school level qualifications and 17.8% 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, The Oval, Lincoln, the average age was 34.1 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, The Oval, Lincoln, 0.0% 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, The Oval, 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.