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According to the public record, 47, Chaucer Drive, Lincoln is a early-century freehold house with 807 ft2 of internal area and sits on a 300 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 47, Chaucer Drive, Lincoln is £196,762 and the estimated rental value is £981 per month.
Chaucer Drive, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
47, Chaucer Drive, Lincoln has 41 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 47, Chaucer Drive, Lincoln is in very good condition we estimate a sale value of £206,600 and a rental value of £1,030 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,989 and a rental value of £912 per month.
Over the last 12 months the sale value of 47 Chaucer Drive Lincoln has decreased by an estimated £2,851 (1.4%) and its rental value has increased by an estimated £34 per month (3.4%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 47, Chaucer Drive, Lincoln sits on a plot of 300m2.
We have plot size data on 7 out of 12 other houses in the postcode and 47, Chaucer Drive, Lincoln sits on the 5th largest plot.
47, Chaucer Drive, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 47, Chaucer Drive, Lincoln was last sold on 14th August 2024 for £212,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since August 2024, the market for similar properties has risen 27.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Chaucer Drive, Lincoln within a radius of 660 metres over the last 2 years.
The most recent example is 223, Wragby Road, Lincoln, LN2 4PY, a freehold house which sold for £210,000 on the 21st June 2024.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chaucer Drive, Lincoln, LN2 has a total of 102 addresses. According to our analysis of all the public data, 47, Chaucer Drive, Lincoln is the 90th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in LN2.
The closest station to 47, Chaucer Drive, Lincoln is Lincoln station which is 2.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 47, Chaucer Drive, Lincoln, 40.6% of property is socially rented and 30.5% 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 47, Chaucer Drive, Lincoln, 24.7% of residents are recorded as possessing school level qualifications and 20.3% 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 47, Chaucer Drive, 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 47, Chaucer Drive, Lincoln, 0.5% 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 47, Chaucer Drive, Lincoln, there are an average of 1.0 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.