5, Main Drive
5, Main Drive
Description & Estimates
5, Main Drive, Lincoln is recorded publicly as a modern freehold house across 1,011 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Main Drive, Lincoln is £324,246 and its rental estimate is £1,122 per month, given the available information and assuming reasonable condition.
Main Drive, Sudbrooke, Lincoln, LN2 falls within the LN2 postal district, in the borough of West Lindsey.
Our Data Sources
5, Main Drive, Lincoln has a single entry in the Land Registry from October 2021 and a single entry in the EPC database dated October 2021.
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
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, Main Drive, Lincoln, we estimate a market value of £340,459 and a rental value of £1,178 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £301,549 and £1,043 per month respectively.
Recent Market Change
Over the last year, 5, Main Drive, Lincoln has seen its estimated sale value fall by £4,699 (1.4%) and its estimated rental value move up by £39 per month (3.4%). This results in an estimated gross rental yield of 4.2%.
Energy Efficiency
5, Main Drive, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Oct 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Main Drive, Lincoln completed on 15th October 2021 at £253,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 7.8% over the period since October 2021.
- Sold Oct 2021£253,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Main Drive, Lincoln have sold within a radius of 2.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th October 2021, was 7, Main Drive, Lincoln, LN2 2QY, a freehold house which sold for £260,000.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 21 addresses on Main Drive, Sudbrooke, Lincoln, LN2, 5, Main Drive, Lincoln comes out as the 18th largest and the 15th most expensive in our analysis of the public data.
It is also £79k more expensive than the average property across the LN2 district.
More reading links
Schools Nearby
- 1.3kmEllison Boulters Church of England Primary School
- 2.4kmReepham Church of England Primary School
- 3.3kmThe Nettleham Church of England Voluntary Aided Junior School
- 3.0kmThe Priory Pembroke Academy
- 4.3kmWilliam Farr CofE Comprehensive School
- 6.5kmLincoln Christ's Hospital School
More reading links
Public Transport Nearby
From 5, Main Drive, Lincoln, the nearest station is Lincoln, 8.3 kilometres away.
- 8.3kmLincoln
- 13.5kmHykeham
- 14.3kmMarket Rasen
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
