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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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40, Thorold Way, Lincoln is described in the public record as a modern house with 2,357 ft2 of internal area, sitting on a 622 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 40, Thorold Way, Lincoln is £603,091 and its rental estimate is £2,224 per month, given the available information and assuming reasonable condition.
Thorold Way, Harmston, Lincoln, LN5 falls within the LN5 postal district, in the borough of North Kesteven.
40, Thorold Way, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated July 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Thorold Way, Lincoln, we estimate a market value of £633,246 and a rental value of £2,335 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £560,875 and £2,068 per month respectively.
Over the last year, 40, Thorold Way, Lincoln has seen its estimated sale value move down by £20,555 (3.4%) and its estimated rental value increase by £37 per month (1.7%). This results in an estimated gross rental yield of 4.4%.
HM Land Registry records the plot of land for 40, Thorold Way, Lincoln as measuring 622 m2.
That makes it the 12th largest plot in the postcode, where 33 of the 36 other houses have recorded plot data.
40, Thorold Way, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Boiler and underfloor heating, mains gas.
Over the past 2 years 3 properties similar to 40, Thorold Way, Lincoln have sold within a radius of 3.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th January 2023, was 18, Thorold Way, Lincoln, LN5 9GJ, a freehold house which sold for £740,000.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 36 addresses on Thorold Way, Harmston, Lincoln, LN5, 40, Thorold Way, Lincoln comes out as the 10th largest and the 9th most expensive in our analysis of the public data.
It is also £384k more expensive than the average property across the LN5 district.
From 40, Thorold Way, Lincoln, the nearest station is Hykeham, 6.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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, Thorold Way, Lincoln, 52.2% of property is privately owned outright and 39.1% 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, Thorold Way, Lincoln, 15.3% of residents are recorded as possessing school level qualifications and 48.7% 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, Thorold Way, Lincoln, the average age was 48.4 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, Thorold Way, Lincoln, 0.9% 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, Thorold Way, Lincoln, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
