65, Wellhead Lane
65, Wellhead Lane
Description & Estimates
65, Wellhead Lane, Lincoln is recorded publicly as an early-century freehold house across 914 ft2 of internal area, sitting on a 431 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 65, Wellhead Lane, Lincoln is £193,846 and its rental estimate is £952 per month, given the available information and assuming reasonable condition.
Wellhead Lane, Nocton, Lincoln, LN4 falls within the LN4 postal district, in the borough of North Kesteven.
Our Data Sources
65, Wellhead Lane, Lincoln has 21 entries in the Land Registry , most recently in August 2021 and a single entry in the EPC database dated September 2015.
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 65, Wellhead Lane, Lincoln, we estimate a market value of £203,538 and a rental value of £999 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £180,277 and £885 per month respectively.
Recent Market Change
Over the last year, 65, Wellhead Lane, Lincoln has seen its estimated sale value decrease by £4,536 (2.3%) and its estimated rental value grow by £32 per month (3.4%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 65, Wellhead Lane, Lincoln as measuring 431 m2.
That makes it the 22nd largest plot in the postcode, where 37 of the 49 other houses have recorded plot data.
Energy Efficiency
65, Wellhead Lane, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Sep 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 65, Wellhead Lane, Lincoln completed on 20th August 2021 at £181,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 1.0% over the period since August 2021.
- Sold Aug 2021£181,000
- Sold May 2002£63,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 65, Wellhead Lane, Lincoln have sold within a radius of 3.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th November 2022, was 11, Wellhead Lane, Lincoln, LN4 2BW, a freehold house which sold for £205,000.
Read more about house prices in LN4.
- Sold Nov 2022£205,000 | 3 Bed House11, Wellhead Lane, Lincoln, LN4 2BW11, Wellhead Lane, Lincoln, LN4 2BW
- Sold Dec 2021£160,000 | 3 Bed House73, Wellhead Lane, Lincoln, LN4 2BW73, Wellhead Lane, Lincoln, LN4 2BW
- Sold Apr 2018£140,000 | 3 Bed House9, Wellhead Lane, Lincoln, LN4 2BW9, Wellhead Lane, Lincoln, LN4 2BW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 49 addresses on Wellhead Lane, Nocton, Lincoln, LN4, 65, Wellhead Lane, Lincoln comes out as the 15th largest and the 17th most expensive in our analysis of the public data.
It is also £58k less expensive than the average property across the LN4 district.
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
From 65, Wellhead Lane, Lincoln, the nearest station is Metheringham, 3.6 kilometres away.
- 3.6kmMetheringham
- 10.3kmLincoln
- 12.2kmHykeham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
