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40, Holly Street, Lincoln is described in the public record as an early-century house with 796 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 40, Holly Street, Lincoln is £163,348 and its rental estimate is £891 per month, given the available information and assuming reasonable condition.
Holly Street, Lincoln, LN5 falls within the LN5 postal district, in the borough of Lincoln.
40, Holly Street, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated August 2015.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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, Holly Street, Lincoln, we estimate a market value of £171,515 and a rental value of £936 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £151,913 and £829 per month respectively.
Over the last year, 40, Holly Street, Lincoln has seen its estimated sale value move down by £3,210 (2.0%) and its estimated rental value increase by £25 per month (2.8%). This results in an estimated gross rental yield of 6.5%.
40, Holly Street, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Aug 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 40, Holly Street, Lincoln have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st April 2022, was 85, Holly Street, Lincoln, LN5 8RR, a freehold house which sold for £95,000.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 106 addresses on Holly Street, Lincoln, LN5, 40, Holly Street, Lincoln comes out as the 18th largest and the 24th most expensive in our analysis of the public data.
It is also £56k less expensive than the average property across the LN5 district.
From 40, Holly Street, Lincoln, the nearest station is Lincoln, 2.9 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Holly Street, Lincoln, 52.8% of property is socially rented and 24.0% 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 40, Holly Street, Lincoln, 28.4% of residents are recorded as possessing school level qualifications and 20.5% 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 40, Holly Street, Lincoln, the average age was 42.8 and the most common age was 57.
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 40, Holly Street, Lincoln, 0.3% 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 40, Holly Street, Lincoln, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.