40, Fairfield Street
40, Fairfield Street
Description & Estimates
40, Fairfield Street, Lincoln is described in the public record as a modern house with 473 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 40, Fairfield Street, Lincoln is £107,418 and its rental estimate is £592 per month, given the available information and assuming reasonable condition.
Fairfield Street, Lincoln, LN2 falls within the LN2 postal district, in the borough of Lincoln.
Our Data Sources
40, Fairfield Street, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated November 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 40, Fairfield Street, Lincoln, we estimate a market value of £112,789 and a rental value of £622 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £99,898 and £551 per month respectively.
Recent Market Change
Over the last year, 40, Fairfield Street, Lincoln has seen its estimated sale value drop by £631 (0.6%) and its estimated rental value rise by £24 per month (4.0%). This results in an estimated gross rental yield of 6.6%.
Energy Efficiency
40, Fairfield Street, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Nov 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Fairfield Street, Lincoln have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2023, was 44, Oakfield Street, Lincoln, LN2 5LU, a freehold house which sold for £120,000.
Read more about house prices in LN2.
- Sold Mar 2023£120,000 | 2 Bed House44, Oakfield Street, Lincoln, LN2 5LU44, Oakfield Street, Lincoln, LN2 5LU
- Sold Aug 2022£121,000 | 2 Bed House2A, Clarina Street, Lincoln, LN2 5LZ2A, Clarina Street, Lincoln, LN2 5LZ
- Sold Aug 2013£50,000 | 2 Bed House3, Cromwell Street, Lincoln, LN2 5LP3, Cromwell Street, Lincoln, LN2 5LP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 43 addresses on Fairfield Street, Lincoln, LN2, 40, Fairfield Street, Lincoln comes out as the 38th largest and the 38th most expensive in our analysis of the public data.
It is also £137k less expensive than the average property across the LN2 district.
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Schools Nearby
- 200mLincoln Monks Abbey Primary School
- 900mThe Lincoln St Peter-In-Eastgate Church of England Infants Academy
- 1.4kmSt Giles Academy
- 900mLincoln Christ's Hospital School
- 1.0kmLincoln UTC
- 2.1kmLincoln Castle Academy
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Public Transport Nearby
From 40, Fairfield Street, Lincoln, the nearest station is Lincoln, 1.5 kilometres away.
- 1.5kmLincoln
- 6.6kmHykeham
- 10.4kmSaxilby
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
