3, Carpenters Close
3, Carpenters Close
Description & Estimates
According to the public record, 3, Carpenters Close, Lincoln is a modern freehold house with 1,593 ft2 of internal area and sits on a 316 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, Carpenters Close, Lincoln is £362,230 and the estimated rental value is £1,262 per month.
Carpenters Close, Reepham, Lincoln, LN3 is located in the borough of West Lindsey within the LN3 postal district.
Our Data Sources
3, Carpenters Close, Lincoln has 31 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated January 2021.
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, Carpenters Close, Lincoln is in very good condition we estimate a sale value of £380,341 and a rental value of £1,325 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £336,874 and a rental value of £1,174 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 3, Carpenters Close, Lincoln has fallen by £10,599 (2.9%), while its estimated rental value has moved up by £31 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 4.2%.
Plot Size
According to data from HM Land Registry, 3, Carpenters Close, Lincoln sits on a plot of 316 m2.
We have plot size data on 6 out of 6 other houses in the postcode and 3, Carpenters Close, Lincoln sits on the 3rd largest plot.
Energy Efficiency
3, Carpenters Close, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jan 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
According to HM Land Registry, 3, Carpenters Close, Lincoln was last sold on 29th June 2021 for £320,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2021, the market for similar properties has dropped by 1.6%.
- Sold Jun 2021£320,000
- Sold Nov 2012£210,000
- Sold Dec 2005£249,950
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, Carpenters Close, Lincoln within a radius of 1.9 kilometres over the last 2 years.
The most recent example is 27, Mellows Close, Lincoln, LN3 4DT, a freehold house which sold for £380,000 on the 12th June 2023.
Read more about house prices in LN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Carpenters Close, Reepham, Lincoln, LN3 has a total of 6 addresses. According to our analysis of all the public data, 3, Carpenters Close, Lincoln is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £110k more expensive than the average property in LN3.
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Schools Nearby
- 300mReepham Church of England Primary School
- 2.1kmCherry Willingham Primary Academy
- 2.2kmFiskerton Church of England Primary School
- 1.2kmThe Priory Pembroke Academy
- 5.4kmLincoln Christ's Hospital School
- 5.9kmWilliam Farr CofE Comprehensive School
More reading links
Public Transport Nearby
The closest station to 3, Carpenters Close, Lincoln is Lincoln station, which is 7.0 kilometres away.
- 7.0kmLincoln
- 12.1kmHykeham
- 13.1kmMetheringham
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
