3, Cornelius Close
3, Cornelius Close
Description & Estimates
3, Cornelius Close, Lincoln is recorded publicly as a modern freehold house across 764 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Cornelius Close, Lincoln is £227,718 and its rental estimate is £912 per month, given the available information and assuming reasonable condition.
Cornelius Close, Navenby, Lincoln, LN5 falls within the LN5 postal district, in the borough of North Kesteven.
Our Data Sources
3, Cornelius Close, Lincoln has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated September 2021.
We combine this information with that 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 3, Cornelius Close, Lincoln, we estimate a market value of £239,104 and a rental value of £958 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £211,778 and £848 per month respectively.
Recent Market Change
Over the last year, 3, Cornelius Close, Lincoln has seen its estimated sale value move down by £4,476 (2.0%) and its estimated rental value increase by £25 per month (2.8%). This results in an estimated gross rental yield of 4.8%.
Energy Efficiency
3, Cornelius Close, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Cornelius Close, Lincoln completed on 29th October 2021 at £219,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 17.5% over the period since October 2021.
- Sold Oct 2021£219,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Cornelius Close, Lincoln have sold within a radius of 4.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th October 2024, was 4, Cornelius Close, Lincoln, LN5 0FS, a freehold house which sold for £215,000.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 6 addresses on Cornelius Close, Navenby, Lincoln, LN5, 3, Cornelius Close, Lincoln comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £8k more expensive than the average property across the LN5 district.
More reading links
Schools Nearby
- 700mNavenby Church of England Primary School
- 3.8kmColeby Church of England Primary Academy
- 4.1kmThe Welbourn Church of England Primary School
- 5.2kmSir William Robertson Academy, Welbourn
- 10.4kmSir Robert Pattinson Academy
- 10.7kmNorth Kesteven Academy
More reading links
Public Transport Nearby
From 3, Cornelius Close, Lincoln, the nearest station is Metheringham, 9.3 kilometres away.
- 9.3kmMetheringham
- 11.5kmRuskington
- 11.6kmHykeham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
