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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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3, Heath Road, Lincoln is recorded publicly as a modern freehold house across 914 ft2 of internal area, sitting on a 154 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Heath Road, Lincoln is £292,729 and its rental estimate is £1,054 per month, given the available information and assuming reasonable condition.
Heath Road, Scothern, Lincoln, LN2 falls within the LN2 postal district, in the borough of West Lindsey.
3, Heath Road, Lincoln has a single entry in the Land Registry from December 2016 and a single entry in the EPC database dated October 2016.
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.
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, Heath Road, Lincoln, we estimate a market value of £307,365 and a rental value of £1,107 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £272,238 and £980 per month respectively.
Over the last year, 3, Heath Road, Lincoln has seen its estimated sale value decrease by £4,242 (1.4%) and its estimated rental value grow by £36 per month (3.4%). This results in an estimated gross rental yield of 4.3%.
HM Land Registry records the plot of land for 3, Heath Road, Lincoln as measuring 154 m2.
That makes it the 8th largest plot in the postcode, where all 8 other houses have recorded plot data.
3, Heath Road, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Oct 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 3, Heath Road, Lincoln completed on 15th December 2016 at £234,950 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 risen by 17.6% over the period since December 2016.
Over the past 2 years 3 properties similar to 3, Heath Road, Lincoln have sold within a radius of 2.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2020, was 1, Heath Road, Lincoln, LN2 2FJ, a freehold house which sold for £264,500.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 8 addresses on Heath Road, Scothern, Lincoln, LN2, 3, Heath Road, Lincoln comes out as the 7th largest and the 7th most expensive in our analysis of the public data.
It is also £48k more expensive than the average property across the LN2 district.
From 3, Heath Road, Lincoln, the nearest station is Lincoln, 8.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Heath Road, Lincoln, 41.7% of property is privately owned outright and 41.7% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 3, Heath Road, Lincoln, 19.9% of residents are recorded as possessing school level qualifications and 47.2% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 3, Heath Road, Lincoln, the average age was 46.5 and the most common age was 72.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 3, Heath Road, Lincoln, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 3, Heath Road, Lincoln, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
