4, Mill Rise
4, Mill Rise
Description & Estimates
Public records show 4, Mill Rise, Lincoln to be a modern freehold house with 657 ft2 of internal area, sitting on a 340 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
4, Mill Rise, Lincoln has an estimated sale value of £282,674 and an estimated rental value of £1,142 per month, assuming reasonable condition and based on the information available.
Mill Rise, Wellingore, Lincoln, LN5 lies in the borough of North Kesteven, within the LN5 postal district.
Our Data Sources
4, Mill Rise, Lincoln has 21 entries in the Land Registry , most recently in October 2016 and a single entry in the EPC database dated February 2010.
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 4, Mill Rise, Lincoln would be worth £296,808, with a potential rental value of £1,199 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £262,887, with a rental value of £1,062 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 4, Mill Rise, Lincoln has moved down by £5,556 (2.0%) over the last year. During the same period, its estimated monthly rental value has increased by £32 (2.8%). The property's estimated gross yield is currently 4.8%.
Plot Size
4, Mill Rise, Lincoln occupies a 340 m2 plot as recorded by HM Land Registry.
Of the 7 other houses in this postcode, 5 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
4, Mill Rise, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Feb 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
4, Mill Rise, Lincoln last changed hands on 20th October 2016, selling for £190,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 11.7% since October 2016.
- Sold Oct 2016£190,000
- Sold Apr 2006£155,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.7 kilometres of 4, Mill Rise, Lincoln across the last 2 years.
Most recently, 8, Headland Way, Lincoln, LN5 0TR, a freehold house, sold at £247,500 on the 4th May 2022.
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 4, Mill Rise, Lincoln as the 6th largest and the 6th most expensive of the 7 addresses on Mill Rise, Wellingore, Lincoln, LN5.
Against the LN5 postcode district average, it is £63k more expensive than the typical property.
More reading links
Schools Nearby
- 1.1kmNavenby Church of England Primary School
- 3.2kmThe Welbourn Church of England Primary School
- 3.9kmColeby Church of England Primary Academy
- 4.4kmSir William Robertson Academy, Welbourn
- 10.4kmSir Robert Pattinson Academy
- 10.6kmNorth Kesteven Academy
More reading links
Public Transport Nearby
Metheringham station is the nearest stop to 4, Mill Rise, Lincoln at 10.3 kilometres away.
- 10.3kmMetheringham
- 11.5kmHykeham
- 11.9kmRuskington
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.
