41, Mill Lane
41, Mill Lane
Description & Estimates
41, Mill Lane, Lincoln is described in the public record as a modern house with 925 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 41, Mill Lane, Lincoln is £172,457 and its rental estimate is £924 per month, given the available information and assuming reasonable condition.
Mill Lane, Billinghay, Lincoln, LN4 falls within the LN4 postal district, in the borough of North Kesteven.
Our Data Sources
41, Mill Lane, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated September 2023.
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.
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 41, Mill Lane, Lincoln, we estimate a market value of £181,080 and a rental value of £970 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £160,385 and £859 per month respectively.
Recent Market Change
Over the last year, 41, Mill Lane, Lincoln has seen its estimated sale value drop by £4,035 (2.3%) and its estimated rental value rise by £31 per month (3.4%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
41, Mill Lane, Lincoln has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 08 Sep 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 41, Mill Lane, Lincoln have sold within a radius of 5.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2024, was 35, Mill Lane, Lincoln, LN4 4ES, a freehold house which sold for £141,750.
Read more about house prices in LN4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 37 addresses on Mill Lane, Billinghay, Lincoln, LN4, 41, Mill Lane, Lincoln comes out as the 28th largest and the 18th most expensive in our analysis of the public data.
It is also £79k less expensive than the average property across the LN4 district.
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Schools Nearby
- 900mThe Billinghay Church of England Primary School
- 2.2kmWalcott Primary School
- 5.7kmMrs Mary King's CofE (Controlled) Primary School
- 8.1kmThe Barnes Wallis Academy
- 11.6kmCarre's Grammar School
- 11.9kmSt George's Academy
More reading links
Public Transport Nearby
From 41, Mill Lane, Lincoln, the nearest station is Ruskington, 7.2 kilometres away.
- 7.2kmRuskington
- 9.4kmMetheringham
- 11.3kmHeckington
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.
