24, Franklin Way
24, Franklin Way
Description & Estimates
According to the public record, 24, Franklin Way, Lincoln is a modern freehold house with 1,410 ft2 of internal area and sits on a 711 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 24, Franklin Way, Lincoln is £336,629 and the estimated rental value is £1,203 per month.
Franklin Way, Cherry Willingham, Lincoln, LN3 is located in the borough of West Lindsey within the LN3 postal district.
Our Data Sources
24, Franklin Way, Lincoln has 21 entries in the Land Registry , most recently in January 2014 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 1 out of 5 and is considered of low 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 24, Franklin Way, Lincoln is in very good condition we estimate a sale value of £353,460 and a rental value of £1,264 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,065 and a rental value of £1,119 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 24, Franklin Way, Lincoln has dropped by £9,850 (2.9%), while its estimated rental value has risen by £30 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 4.3%.
Plot Size
According to data from HM Land Registry, 24, Franklin Way, Lincoln sits on a plot of 711 m2.
We have plot size data on 19 out of 19 other houses in the postcode and 24, Franklin Way, Lincoln sits on the largest plot.
Energy Efficiency
24, Franklin Way, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 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.
Sold Prices
According to HM Land Registry, 24, Franklin Way, Lincoln was last sold on 31st January 2014 for £203,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2014, the market for similar properties has risen by 56.5%.
- Sold Jan 2014£203,000
- Sold Jun 2003£181,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Franklin Way, Lincoln within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 22, Franklin Way, Lincoln, LN3 4GL, a freehold house which sold for £330,000 on the 9th February 2024.
Read more about house prices in LN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Franklin Way, Cherry Willingham, Lincoln, LN3 has a total of 19 addresses. According to our analysis of all the public data, 24, Franklin Way, Lincoln is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £84k more expensive than the average property in LN3.
More reading links
Schools Nearby
- 1.2kmCherry Willingham Primary Academy
- 1.4kmLincoln Carlton Academy
- 2.1kmReepham Church of England Primary School
- 1.1kmThe Priory Pembroke Academy
- 3.2kmLincoln Christ's Hospital School
- 4.2kmLincoln UTC
More reading links
Public Transport Nearby
The closest station to 24, Franklin Way, Lincoln is Lincoln station, which is 4.8 kilometres away.
- 4.8kmLincoln
- 9.8kmHykeham
- 12.8kmMetheringham
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 very low.
