3, Bishops Place
3, Bishops Place
Description & Estimates
According to the public record, 3, Bishops Place, Lincoln is a modern freehold house with 1,722 ft2 of internal area and sits on a 498 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 3, Bishops Place, Lincoln is £419,131 and the estimated rental value is £1,337 per month.
Bishops Place, Welton, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
Our Data Sources
3, Bishops Place, Lincoln has 21 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated April 2016.
We combine this information with that 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 3, Bishops Place, Lincoln is in very good condition we estimate a sale value of £440,088 and a rental value of £1,404 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £389,792 and a rental value of £1,243 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Bishops Place, Lincoln has declined by £9,505 (2.3%), while its estimated rental value has climbed by £32 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 3.8%.
Plot Size
According to data from HM Land Registry, 3, Bishops Place, Lincoln sits on a plot of 498 m2.
We have plot size data on 7 out of 9 other houses in the postcode and 3, Bishops Place, Lincoln sits on the 6th largest plot.
Energy Efficiency
3, Bishops Place, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Apr 2016.
The property is 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, 3, Bishops Place, Lincoln was last sold on 5th September 2022 for £385,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2022, the market for similar properties has dropped by 9.7%.
- Sold Sep 2022£385,000
- Sold Sep 2001£148,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Bishops Place, Lincoln within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 11, Harvey Park, Lincoln, LN2 3DZ, a freehold house which sold for £550,000 on the 6th December 2024.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Bishops Place, Welton, Lincoln, LN2 has a total of 9 addresses. According to our analysis of all the public data, 3, Bishops Place, Lincoln is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £174k more expensive than the average property in LN2.
More reading links
Schools Nearby
- 300mWelton St Mary's Church of England Primary Academy
- 1.5kmDunholme St Chad's Church of England Primary School
- 2.7kmThe Hackthorn Church of England Primary School
- 900mWilliam Farr CofE Comprehensive School
- 7.1kmThe Priory Pembroke Academy
- 7.4kmLincoln Castle Academy
More reading links
Public Transport Nearby
The closest station to 3, Bishops Place, Lincoln is Lincoln station, which is 9.6 kilometres away.
- 9.6kmLincoln
- 12.3kmSaxilby
- 13.4kmMarket Rasen
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.
