242, West Parade
242, West Parade
Description & Estimates
The public record describes 242, West Parade, Lincoln as a period house with 1,969 ft2 of internal area, sitting on a 230 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
242, West Parade, Lincoln has an estimated sale value of £372,201 and an estimated rental value of £1,342 per month, assuming reasonable condition and based on the information available.
West Parade, Lincoln, LN1 lies in the borough of Lincoln, within the LN1 postal district.
Our Data Sources
242, West Parade, Lincoln has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2024.
We combine this information with public data 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.
Price Range & Condition
In very good condition, we estimate 242, West Parade, Lincoln would be worth £390,811, with a potential rental value of £1,409 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £346,147, with a rental value of £1,248 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 242, West Parade, Lincoln has dropped by £12,728 (3.4%) over the last year. During the same period, its estimated monthly rental value has risen by £29 (2.1%). The property's estimated gross yield is currently 4.3%.
Plot Size
242, West Parade, Lincoln occupies a 230 m2 plot as recorded by HM Land Registry.
Of the 34 other houses in this postcode, 31 have recorded plot sizes, and this one ranks as the 7th largest.
Energy Efficiency
242, West Parade, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
242, West Parade, Lincoln last changed hands on 23rd July 2001, selling for £85,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Jul 2001£85,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 430 metres of 242, West Parade, Lincoln across the last 2 years.
Most recently, 244, West Parade, Lincoln, LN1 1LY, a freehold house, sold at £355,000 on the 30th April 2025.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 242, West Parade, Lincoln as the 17th largest and the 27th most expensive of the 249 addresses on West Parade, Lincoln, LN1.
Against the LN1 postcode district average, it is £130k more expensive than the typical property.
More reading links
Schools Nearby
- 200mThe St Faith and St Martin Church of England Junior School, Lincoln
- 200mThe St Faith's Church of England Infant and Nursery School, Lincoln
- 700mWestgate Academy
- 1.2kmLincoln UTC
- 1.6kmLincoln Castle Academy
- 2.1kmLincoln Christ's Hospital School
More reading links
Public Transport Nearby
Lincoln station is the nearest stop to 242, West Parade, Lincoln at 1.3 kilometres away.
- 1.3kmLincoln
- 5.3kmHykeham
- 8.3kmSaxilby
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
