5, Wellhead Lane
5, Wellhead Lane
Description & Estimates
Public records show 5, Wellhead Lane, Lincoln to be a period freehold house with 764 ft2 of internal area, sitting on a 231 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Wellhead Lane, Lincoln has an estimated sale value of £180,334 and an estimated rental value of £895 per month, assuming reasonable condition and based on the information available.
Wellhead Lane, Nocton, Lincoln, LN4 lies in the borough of North Kesteven, within the LN4 postal district.
Our Data Sources
5, Wellhead Lane, Lincoln has 41 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated May 2013.
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 5, Wellhead Lane, Lincoln would be worth £189,351, with a potential rental value of £940 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £167,711, with a rental value of £832 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 5, Wellhead Lane, Lincoln has declined by £4,220 (2.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £30 (3.4%). The property's estimated gross yield is currently 6.0%.
Plot Size
5, Wellhead Lane, Lincoln occupies a 231 m2 plot as recorded by HM Land Registry.
Of the 49 other houses in this postcode, 37 have recorded plot sizes, and this one ranks as the 33rd largest.
Energy Efficiency
5, Wellhead Lane, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 May 2013.
The property is not connected to mains gas and has some double glazing. It is heated using Boiler and radiators, oil.
Sold Prices
5, Wellhead Lane, Lincoln last changed hands on 14th August 2020, selling for £143,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 5.0% since August 2020.
- Sold Aug 2020£143,000
- Sold Jun 2014£110,000
- Sold Nov 2005£19,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.0 kilometres of 5, Wellhead Lane, Lincoln across the last 2 years.
Most recently, 3, Wellhead Lane, Lincoln, LN4 2BW, a freehold house, sold at £180,000 on the 9th September 2024.
Read more about house prices in LN4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 5, Wellhead Lane, Lincoln as the 31st largest and the 27th most expensive of the 49 addresses on Wellhead Lane, Nocton, Lincoln, LN4.
Against the LN4 postcode district average, it is £71k less expensive than the typical property.
More reading links
Schools Nearby
- 300mNocton Community Primary School
- 1.4kmDunston St Peter's Church of England Primary School
- 1.9kmThe Potterhanworth Church of England Primary School
- 4.7kmBranston Community Academy
- 9.3kmThe Priory Pembroke Academy
- 9.5kmThe Priory Academy LSST
More reading links
Public Transport Nearby
Metheringham station is the nearest stop to 5, Wellhead Lane, Lincoln at 3.6 kilometres away.
- 3.6kmMetheringham
- 10.3kmLincoln
- 12.2kmHykeham
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.
