3, Skaith Close
3, Skaith Close
Description & Estimates
Public records show 3, Skaith Close, Lincoln to be a modern freehold house with 527 ft2 of internal area.
In this area, houses of this size normally have 2 bedrooms with a garden.
3, Skaith Close, Lincoln has an estimated sale value of £177,259 and an estimated rental value of £759 per month, assuming reasonable condition and based on the information available.
Skaith Close, Waddington, Lincoln, LN5 lies in the borough of North Kesteven, within the LN5 postal district.
Our Data Sources
3, Skaith Close, Lincoln has a single entry in the Land Registry from 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 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, Skaith Close, Lincoln would be worth £186,122, with a potential rental value of £797 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £164,851, with a rental value of £706 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Skaith Close, Lincoln has dropped by £3,061 (1.7%) over the last year. During the same period, its estimated monthly rental value has risen by £25 (3.3%). The property's estimated gross yield is currently 5.1%.
Energy Efficiency
3, Skaith Close, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Jan 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
3, Skaith Close, Lincoln last changed hands on 25th June 2021, selling for £169,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 10.3% since June 2021.
- Sold Jun 2021£169,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.7 kilometres of 3, Skaith Close, Lincoln across the last 2 years.
Most recently, 28, Cole Avenue, Lincoln, LN5 9TF, a freehold house, sold at £195,000 on the 30th April 2024.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Skaith Close, Lincoln as the 12th largest and the 13th most expensive of the 16 addresses on Skaith Close, Waddington, Lincoln, LN5.
Against the LN5 postcode district average, it is £42k less expensive than the typical property.
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Schools Nearby
- 600mWaddington All Saints Academy
- 2.6kmWaddington Redwood Primary Academy
- 3.1kmColeby Church of England Primary Academy
- 4.5kmSir Robert Pattinson Academy
- 4.8kmNorth Kesteven Academy
- 5.2kmThe Priory Academy LSST
More reading links
Public Transport Nearby
Hykeham station is the nearest stop to 3, Skaith Close, Lincoln at 5.5 kilometres away.
- 5.5kmHykeham
- 7.2kmLincoln
- 10.1kmMetheringham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
