22, Hermit Street
22, Hermit Street
Description & Estimates
According to the public record, 22, Hermit Street, Lincoln is a mid-century apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 22, Hermit Street, Lincoln is £81,886 and the estimated rental value is £567 per month.
Hermit Street, Lincoln, LN5 is located in the borough of Lincoln within the LN5 postal district.
Our Data Sources
22, Hermit Street, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated June 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 22, Hermit Street, Lincoln is in very good condition we estimate a sale value of £85,980 and a rental value of £595 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £76,154 and a rental value of £527 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 22, Hermit Street, Lincoln has decreased by £1,301 (1.6%), while its estimated rental value has grown by £20 per month (3.5%). Based on current estimates, the property offers a gross rental yield of 8.3%.
Energy Efficiency
22, Hermit Street, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Hermit Street, Lincoln within a radius of 350 metres over the last 2 years.
The most recent example is 134, Hermit Street, Lincoln, LN5 8EG, a leasehold flat which sold for £80,000 on the 11th October 2024.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Hermit Street, Lincoln, LN5 has a total of 130 addresses. According to our analysis of all the public data, 22, Hermit Street, Lincoln is the 34th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in LN5.
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Schools Nearby
- 300mThe Lincoln St Peter at Gowts Church of England Primary School
- 500mThe Lincoln Bishop King Church of England Primary School
- 1.3kmSir Francis Hill Community Primary School
- 1.1kmLincoln UTC
- 1.7kmThe Priory Academy LSST
- 2.0kmSt Peter and St Paul, Catholic Voluntary Academy
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Public Transport Nearby
The closest station to 22, Hermit Street, Lincoln is Lincoln station, which is 300 metres away.
- 300mLincoln
- 4.9kmHykeham
- 9.5kmSaxilby
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be low.
