49, Mill Lane
49, Mill Lane
Description & Estimates
Public records show 49, Mill Lane, Lincoln to be a modern freehold house with 914 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
49, Mill Lane, Lincoln has an estimated sale value of £171,433 and an estimated rental value of £920 per month, assuming reasonable condition and based on the information available.
Mill Lane, Billinghay, Lincoln, LN4 lies in the borough of North Kesteven, within the LN4 postal district.
Our Data Sources
49, Mill Lane, Lincoln has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated October 2023.
We combine this information with that 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
In very good condition, we estimate 49, Mill Lane, Lincoln would be worth £180,005, with a potential rental value of £966 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £159,433, with a rental value of £856 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 49, Mill Lane, Lincoln has declined by £4,011 (2.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £31 (3.4%). The property's estimated gross yield is currently 6.4%.
Energy Efficiency
49, Mill Lane, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Oct 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
49, Mill Lane, Lincoln last changed hands on 23rd February 2024, selling for £141,750. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 11.9% since February 2024.
- Sold Feb 2024£141,750
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 5.2 kilometres of 49, Mill Lane, Lincoln across the last 2 years.
Most recently, 37, Mill Lane, Lincoln, LN4 4ES, a freehold house, sold at £141,750 on the 26th March 2024.
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
Our analysis of the public data ranks 49, Mill Lane, Lincoln as the 30th largest and the 20th most expensive of the 37 addresses on Mill Lane, Billinghay, Lincoln, LN4.
Against the LN4 postcode district average, it is £80k less expensive than the typical property.
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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
Ruskington station is the nearest stop to 49, Mill Lane, Lincoln at 7.2 kilometres away.
- 7.2kmRuskington
- 9.4kmMetheringham
- 11.3kmHeckington
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
