39, Wellhead Lane
39, Wellhead Lane
Description & Estimates
Public records show 39, Wellhead Lane, Lincoln to be an early-century freehold house with 1,076 ft2 of internal area, sitting on a 643 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
39, Wellhead Lane, Lincoln has an estimated sale value of £203,449 and an estimated rental value of £1,009 per month, assuming reasonable condition and based on the information available.
Wellhead Lane, Nocton, Lincoln, LN4 lies in the borough of North Kesteven, within the LN4 postal district.
Our Data Sources
39, Wellhead Lane, Lincoln has a single entry in the Land Registry from November 2019 and a single entry in the EPC database dated September 2019.
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.
Price Range & Condition
In very good condition, we estimate 39, Wellhead Lane, Lincoln would be worth £213,621, with a potential rental value of £1,059 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £189,208, with a rental value of £938 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 39, Wellhead Lane, Lincoln has moved down by £4,760 (2.3%) over the last year. During the same period, its estimated monthly rental value has increased by £34 (3.4%). The property's estimated gross yield is currently 6.0%.
Plot Size
39, Wellhead Lane, Lincoln occupies a 643 m2 plot as recorded by HM Land Registry.
Of the 49 other houses in this postcode, 37 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
39, Wellhead Lane, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Sep 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
39, Wellhead Lane, Lincoln last changed hands on 29th November 2019, selling for £173,000. 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 risen by 10.3% since November 2019.
- Sold Nov 2019£173,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.1 kilometres of 39, Wellhead Lane, Lincoln across the last 2 years.
Most recently, 11, Wellhead Lane, Lincoln, LN4 2BW, a freehold house, sold at £205,000 on the 17th November 2022.
Read more about house prices in LN4.
•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 39, Wellhead Lane, Lincoln as the 10th largest and the 12th most expensive of the 49 addresses on Wellhead Lane, Nocton, Lincoln, LN4.
Against the LN4 postcode district average, it is £48k less expensive than the typical property.
More reading links
Schools Nearby
- 300mNocton Community Primary School
- 1.4kmDunston St Peter's Church of England Primary School
- 1.9kmThe Potterhanworth Church of England Primary School
- 4.7kmBranston Community Academy
- 9.3kmThe Priory Pembroke Academy
- 9.5kmThe Priory Academy LSST
More reading links
Public Transport Nearby
Metheringham station is the nearest stop to 39, Wellhead Lane, Lincoln at 3.6 kilometres away.
- 3.6kmMetheringham
- 10.3kmLincoln
- 12.2kmHykeham
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
