5, Carpenters Close
5, Carpenters Close
Description & Estimates
5, Carpenters Close, Lincoln appears in the public record as a freehold house sitting on a 228 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,244 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 5, Carpenters Close, Lincoln is £310,078 and its rental estimate is £1,145 per month, given the available information and assuming reasonable condition.
Carpenters Close, Reepham, Lincoln, LN3 falls within the LN3 postal district, in the borough of West Lindsey.
Our Data Sources
5, Carpenters Close, Lincoln has 31 entries in the Land Registry , most recently in February 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 2 out of 5 and is considered of medium 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 5, Carpenters Close, Lincoln, we estimate a market value of £325,581 and a rental value of £1,202 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £288,372 and £1,065 per month respectively.
Recent Market Change
Over the last year, 5, Carpenters Close, Lincoln has seen its estimated sale value fall by £9,073 (2.9%) and its estimated rental value move up by £28 per month (2.5%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 5, Carpenters Close, Lincoln as measuring 228 m2.
That makes it the 6th largest plot in the postcode, where all 6 other houses have recorded plot data.
Sold Prices
The most recent sale of 5, Carpenters Close, Lincoln completed on 8th February 2012 at £180,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 51.6% over the period since February 2012.
- Sold Feb 2012£180,000
- Sold Jun 2009£179,950
- Sold Aug 2006£191,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Carpenters Close, Lincoln have sold within a radius of 1.9 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2025, was 24, Station Road, Lincoln, LN3 4DN, a freehold house which sold for £280,000.
Read more about house prices in LN3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 6 addresses on Carpenters Close, Reepham, Lincoln, LN3, 5, Carpenters Close, Lincoln comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £58k more expensive than the average property across the LN3 district.
More reading links
Schools Nearby
- 300mReepham Church of England Primary School
- 2.1kmCherry Willingham Primary Academy
- 2.2kmFiskerton Church of England Primary School
- 1.2kmThe Priory Pembroke Academy
- 5.4kmLincoln Christ's Hospital School
- 5.9kmWilliam Farr CofE Comprehensive School
More reading links
Public Transport Nearby
From 5, Carpenters Close, Lincoln, the nearest station is Lincoln, 7.0 kilometres away.
- 7.0kmLincoln
- 12.1kmHykeham
- 13.1kmMetheringham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
