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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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According to the public record, 41, Bobbin Lane, Lincoln is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,194 ft2 of internal area and sits on a 236 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, Bobbin Lane, Lincoln is £284,098 and the estimated rental value is £1,221 per month.
Bobbin Lane, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
41, Bobbin Lane, Lincoln has a single entry in the Land Registry from May 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 41, Bobbin Lane, Lincoln is in very good condition we estimate a sale value of £298,303 and a rental value of £1,282 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,211 and a rental value of £1,135 per month.
Over the last 12 months the sale value of 41 Bobbin Lane Lincoln has decreased by an estimated £6,443 (2.3%) and its rental value has increased by an estimated £29 per month (2.4%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 41, Bobbin Lane, Lincoln sits on a plot of 236m2.
We have plot size data on 66 out of 68 other houses in the postcode and 41, Bobbin Lane, Lincoln sits on the 38th largest plot.
According to HM Land Registry, 41, Bobbin Lane, Lincoln was last sold on 11th May 2012 for £176,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2012, the market for similar properties has risen 78.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Bobbin Lane, Lincoln within a radius of 620 metres over the last 2 years.
The most recent example is 46, Flaxley Road, Lincoln, LN2 4GL, a freehold house which sold for £290,000 on the 15th April 2024.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bobbin Lane, Lincoln, LN2 has a total of 68 addresses. According to our analysis of all the public data, 41, Bobbin Lane, Lincoln is the 44th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in LN2.
The closest station to 41, Bobbin Lane, Lincoln is Lincoln station which is 3.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 41, Bobbin Lane, Lincoln, 56.4% of property is privately owned with a mortgage and 23.1% is privately owned outright.
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 41, Bobbin Lane, Lincoln, 25.3% of residents are recorded as possessing school level qualifications and 47.5% 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 41, Bobbin Lane, Lincoln, the average age was 34.1 and the most common age was 22.
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 41, Bobbin Lane, Lincoln, 0.0% 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 41, Bobbin Lane, Lincoln, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
