4, Ernest Terrace
4, Ernest Terrace
Description & Estimates
According to the public record, 4, Ernest Terrace, Lincoln is a modern freehold house with 344 ft2 of internal area and sits on a 130 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 4, Ernest Terrace, Lincoln is £145,166 and the estimated rental value is £595 per month.
Ernest Terrace, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
Our Data Sources
4, Ernest Terrace, Lincoln has 21 entries in the Land Registry , most recently in May 2007 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 4, Ernest Terrace, Lincoln is in very good condition we estimate a sale value of £152,424 and a rental value of £624 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £135,004 and a rental value of £553 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, Ernest Terrace, Lincoln has decreased by £1,527 (1.1%), while its estimated rental value has grown by £27 per month (4.6%). Based on current estimates, the property offers a gross rental yield of 4.9%.
Plot Size
According to data from HM Land Registry, 4, Ernest Terrace, Lincoln sits on a plot of 130 m2.
We have plot size data on 4 out of 4 other houses in the postcode and 4, Ernest Terrace, Lincoln sits on the 3rd largest plot.
Energy Efficiency
4, Ernest Terrace, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 4, Ernest Terrace, Lincoln was last sold on 25th May 2007 for £120,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2007, the market for similar properties has risen by 17.0%.
- Sold May 2007£120,000
- Sold Jun 1997£29,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 4, Ernest Terrace, Lincoln within a radius of 470 metres over the last 2 years.
The most recent example is 15, College Close, Lincoln, LN1 3EA, a freehold house which sold for £118,500 on the 29th May 2009.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Ernest Terrace, Lincoln, LN1 has a total of 4 addresses. According to our analysis of all the public data, 4, Ernest Terrace, Lincoln is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in LN1.
More reading links
Schools Nearby
- 400mWestgate Academy
- 500mMount Street Academy
- 600mThe Lincoln St Peter-In-Eastgate Church of England Infants Academy
- 700mLincoln UTC
- 900mLincoln Castle Academy
- 1.1kmLincoln Christ's Hospital School
More reading links
Public Transport Nearby
The closest station to 4, Ernest Terrace, Lincoln is Lincoln station, which is 1.4 kilometres away.
- 1.4kmLincoln
- 6.3kmHykeham
- 9.0kmSaxilby
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
