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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
2, Thornton Way, Lincoln is recorded publicly as a modern freehold house across 1,076 ft2 of internal area, sitting on a 564 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Thornton Way, Lincoln is £303,039 and its rental estimate is £1,075 per month, given the available information and assuming reasonable condition.
Thornton Way, Cherry Willingham, Lincoln, LN3 falls within the LN3 postal district, in the borough of West Lindsey.
2, Thornton Way, Lincoln has a single entry in the Land Registry from September 2013 and a single entry in the EPC database dated June 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Thornton Way, Lincoln, we estimate a market value of £318,191 and a rental value of £1,129 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £281,826 and £1,000 per month respectively.
Over the last year, 2, Thornton Way, Lincoln has seen its estimated sale value fall by £5,753 (1.9%) and its estimated rental value move up by £38 per month (3.5%). This results in an estimated gross rental yield of 4.3%.
HM Land Registry records the plot of land for 2, Thornton Way, Lincoln as measuring 564 m2.
That makes it the 9th largest plot in the postcode, where all 25 other houses have recorded plot data.
2, Thornton Way, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, Thornton Way, Lincoln completed on 10th September 2013 at £189,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 54.0% over the period since September 2013.
Over the past 2 years 3 properties similar to 2, Thornton Way, Lincoln have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd August 2024, was 21, Lady Meers Road, Lincoln, LN3 4BW, a freehold house which sold for £290,000.
Read more about house prices in LN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 25 addresses on Thornton Way, Cherry Willingham, Lincoln, LN3, 2, Thornton Way, Lincoln comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £51k more expensive than the average property across the LN3 district.
From 2, Thornton Way, Lincoln, the nearest station is Lincoln, 6.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Thornton Way, Lincoln, 65.9% of property is privately owned outright and 19.8% 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, Thornton Way, Lincoln, 10.3% of residents are recorded as possessing school level qualifications and 27.2% 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, Thornton Way, Lincoln, the average age was 45.5 and the most common age was 72.
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, Thornton Way, 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, Thornton Way, Lincoln, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
