5, Skaith Close
5, Skaith Close
Description & Estimates
5, Skaith Close, Lincoln is recorded publicly as a modern freehold house across 527 ft2 of internal area, sitting on a 230 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5, Skaith Close, Lincoln is £177,259 and its rental estimate is £759 per month, given the available information and assuming reasonable condition.
Skaith Close, Waddington, Lincoln, LN5 falls within the LN5 postal district, in the borough of North Kesteven.
Our Data Sources
5, Skaith Close, Lincoln has a single entry in the Land Registry from August 2021 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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, Skaith Close, Lincoln, we estimate a market value of £186,122 and a rental value of £797 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £164,851 and £706 per month respectively.
Recent Market Change
Over the last year, 5, Skaith Close, Lincoln has seen its estimated sale value move down by £3,061 (1.7%) and its estimated rental value increase by £25 per month (3.3%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 5, Skaith Close, Lincoln as measuring 230 m2.
That makes it the 2nd largest plot in the postcode, where 4 of the 16 other houses have recorded plot data.
Energy Efficiency
5, Skaith Close, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Jan 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, Skaith Close, Lincoln completed on 13th August 2021 at £169,950 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 10.5% over the period since August 2021.
- Sold Aug 2021£169,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Skaith Close, Lincoln have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th April 2024, was 28, Cole Avenue, Lincoln, LN5 9TF, a freehold house which sold for £195,000.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 16 addresses on Skaith Close, Waddington, Lincoln, LN5, 5, Skaith Close, Lincoln comes out as the 13th largest and the 14th most expensive in our analysis of the public data.
It is also £42k less expensive than the average property across the LN5 district.
More reading links
Schools Nearby
- 600mWaddington All Saints Academy
- 2.6kmWaddington Redwood Primary Academy
- 3.1kmColeby Church of England Primary Academy
- 4.5kmSir Robert Pattinson Academy
- 4.8kmNorth Kesteven Academy
- 5.2kmThe Priory Academy LSST
More reading links
Public Transport Nearby
From 5, Skaith Close, Lincoln, the nearest station is Hykeham, 5.5 kilometres away.
- 5.5kmHykeham
- 7.2kmLincoln
- 10.1kmMetheringham
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
