40, Wesley Road
40, Wesley Road
Description & Estimates
40, Wesley Road, Lincoln is recorded publicly as a modern freehold house across 1,173 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 40, Wesley Road, Lincoln is £233,559 and its rental estimate is £1,064 per month, given the available information and assuming reasonable condition.
Wesley Road, Cherry Willingham, Lincoln, LN3 falls within the LN3 postal district, in the borough of West Lindsey.
Our Data Sources
40, Wesley Road, Lincoln has 2 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated January 2018.
We combine this information with that 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, Wesley Road, Lincoln, we estimate a market value of £245,237 and a rental value of £1,117 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £217,210 and £989 per month respectively.
Recent Market Change
Over the last year, 40, Wesley Road, Lincoln has seen its estimated sale value decrease by £4,434 (1.9%) and its estimated rental value grow by £37 per month (3.5%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
40, Wesley Road, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jan 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 40, Wesley Road, Lincoln completed on 17th December 2021 at £215,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 0.8% over the period since December 2021.
- Sold Dec 2021£215,000
- Sold Feb 2018£189,835
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Wesley Road, Lincoln have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th September 2024, was 44, Wesley Road, Lincoln, LN3 4GT, a freehold house which sold for £224,000.
Read more about house prices in LN3.
- Sold Sep 2024£224,000 | 3 Bed House44, Wesley Road, Lincoln, LN3 4GT44, Wesley Road, Lincoln, LN3 4GT
- Sold Jul 2024£235,000 | 3 Bed House69, Cherry Paddocks, Lincoln, LN3 4GW69, Cherry Paddocks, Lincoln, LN3 4GW
- Sold Jul 2024£200,000 | 3 Bed House59, Wesley Road, Lincoln, LN3 4GT59, Wesley Road, Lincoln, LN3 4GT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 57 addresses on Wesley Road, Cherry Willingham, Lincoln, LN3, 40, Wesley Road, Lincoln comes out as the 26th largest and the 19th most expensive in our analysis of the public data.
It is also £19k less expensive than the average property across the LN3 district.
More reading links
Schools Nearby
- 1.2kmCherry Willingham Primary Academy
- 1.3kmLincoln Carlton Academy
- 2.1kmWashingborough Academy
- 1.2kmThe Priory Pembroke Academy
- 3.1kmLincoln Christ's Hospital School
- 4.1kmLincoln UTC
More reading links
Public Transport Nearby
From 40, Wesley Road, Lincoln, the nearest station is Lincoln, 4.6 kilometres away.
- 4.6kmLincoln
- 9.7kmHykeham
- 12.7kmMetheringham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
