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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, The Paddock, Lincoln is £297,453 and the estimated rental value is £1,173 per month.
The Paddock, Cherry Willingham, Lincoln, LN3 is located in the borough of West Lindsey within the LN3 postal district.
3, The Paddock, Lincoln has 21 entries in the Land Registry , most recently in December 2017 and a single entry in the EPC database dated April 2017.
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.
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, The Paddock, Lincoln is in very good condition we estimate a sale value of £312,326 and a rental value of £1,231 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,631 and a rental value of £1,091 per month.
Over the last 12 months the sale value of 3 The Paddock Lincoln has decreased by an estimated £7,878 (2.6%) and its rental value has increased by an estimated £36 per month (3.0%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 3, The Paddock, Lincoln sits on a plot of 381m2.
We have plot size data on 6 out of 6 other houses in the postcode and 3, The Paddock, Lincoln sits on the 5th largest plot.
3, The Paddock, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, The Paddock, Lincoln was last sold on 13th December 2017 for £209,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2017, the market for similar properties has risen 25.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, The Paddock, Lincoln within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 5, Thornton Way, Lincoln, LN3 4BT, a freehold house which sold for £275,000 on the 17th December 2024.
Read more about house prices in LN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Paddock, Cherry Willingham, Lincoln, LN3 has a total of 6 addresses. According to our analysis of all the public data, 3, The Paddock, Lincoln is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £46k more expensive than the average property in LN3.
The closest station to 3, The Paddock, Lincoln is Lincoln station which is 6.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3, The Paddock, Lincoln, 39.8% of property is privately owned outright and 36.7% 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, The Paddock, Lincoln, 15.9% of residents are recorded as possessing school level qualifications and 33.9% 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, The Paddock, 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, The Paddock, Lincoln, 0.4% 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, The Paddock, Lincoln, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.