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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, Main Road, Lincoln is recorded publicly as a mid-century freehold house across 1,442 ft2 of internal area, sitting on a 579 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Main Road, Lincoln is £240,918 and its rental estimate is £1,155 per month, given the available information and assuming reasonable condition.
Main Road, Langworth, Lincoln, LN3 falls within the LN3 postal district, in the borough of West Lindsey.
3, Main Road, Lincoln has a single entry in the Land Registry from August 2018 and a single entry in the EPC database dated November 2017.
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.
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, Main Road, Lincoln, we estimate a market value of £252,964 and a rental value of £1,213 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,054 and £1,074 per month respectively.
Over the last year, 3, Main Road, Lincoln has seen its estimated sale value move down by £7,050 (2.9%) and its estimated rental value increase by £29 per month (2.5%). This results in an estimated gross rental yield of 5.8%.
HM Land Registry records the plot of land for 3, Main Road, Lincoln as measuring 579 m2.
That makes it the 7th largest plot in the postcode, where 21 of the 32 other houses have recorded plot data.
3, Main Road, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Nov 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
The most recent sale of 3, Main Road, Lincoln completed on 1st August 2018 at £252,500 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 21.1% over the period since August 2018.
Over the past 2 years 3 properties similar to 3, Main Road, Lincoln have sold within a radius of 4.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th November 2022, was 9, Main Road, Lincoln, LN3 5BJ, a freehold house which sold for £290,000.
Read more about house prices in LN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 32 addresses on Main Road, Langworth, Lincoln, LN3, 3, Main Road, Lincoln comes out as the 7th largest and the 17th most expensive in our analysis of the public data.
It is also £12k less expensive than the average property across the LN3 district.
From 3, Main Road, Lincoln, the nearest station is Lincoln, 10.5 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, Main Road, Lincoln, 42.8% of property is privately owned with a mortgage and 41.2% is privately owned outright.
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, Main Road, Lincoln, 10.5% of residents are recorded as possessing school level qualifications and 41.9% 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, Main Road, Lincoln, the average age was 45.5 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, Main 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, Main Road, Lincoln, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
