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According to the public record, 53, Bobbin Lane, Lincoln is a modern freehold house with 1,065 ft2 of internal area and sits on a 179 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 53, Bobbin Lane, Lincoln is £256,725 and the estimated rental value is £1,109 per month.
Bobbin Lane, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
53, Bobbin Lane, Lincoln has 2 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated June 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 53, Bobbin Lane, Lincoln is in very good condition we estimate a sale value of £269,561 and a rental value of £1,164 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,754 and a rental value of £1,031 per month.
Over the last 12 months the sale value of 53 Bobbin Lane Lincoln has decreased by an estimated £3,720 (1.4%) and its rental value has increased by an estimated £38 per month (3.4%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 53, Bobbin Lane, Lincoln sits on a plot of 179m2.
We have plot size data on 66 out of 68 other houses in the postcode and 53, Bobbin Lane, Lincoln sits on the 56th largest plot.
53, Bobbin Lane, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Jun 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 53, Bobbin Lane, Lincoln was last sold on 18th October 2024 for £242,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since October 2024, the market for similar properties has risen 31.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Bobbin Lane, Lincoln within a radius of 640 metres over the last 2 years.
The most recent example is 18, Gabriel Crescent, Lincoln, LN2 4ZD, a freehold house which sold for £208,000 on the 1st November 2024.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bobbin Lane, Lincoln, LN2 has a total of 68 addresses. According to our analysis of all the public data, 53, Bobbin Lane, Lincoln is the 53rd largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £12k more expensive than the average property in LN2.
The closest station to 53, Bobbin Lane, Lincoln is Lincoln station which is 3.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 53, Bobbin Lane, Lincoln, 56.4% of property is privately owned with a mortgage and 23.1% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 53, Bobbin Lane, Lincoln, 25.3% of residents are recorded as possessing school level qualifications and 47.5% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 53, Bobbin Lane, Lincoln, the average age was 34.1 and the most common age was 22.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 53, Bobbin Lane, Lincoln, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 53, Bobbin Lane, Lincoln, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.