7, Bishops Place
7, Bishops Place
Description & Estimates
7, Bishops Place, Lincoln is recorded publicly as a modern freehold house across 1,797 ft2 of internal area, sitting on a 597 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 7, Bishops Place, Lincoln is £428,633 and its rental estimate is £1,367 per month, given the available information and assuming reasonable condition.
Bishops Place, Welton, Lincoln, LN2 falls within the LN2 postal district, in the borough of West Lindsey.
Our Data Sources
7, Bishops Place, Lincoln has 21 entries in the Land Registry , most recently in September 2015 and a single entry in the EPC database dated July 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 7, Bishops Place, Lincoln, we estimate a market value of £450,064 and a rental value of £1,436 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £398,628 and £1,272 per month respectively.
Recent Market Change
Over the last year, 7, Bishops Place, Lincoln has seen its estimated sale value decline by £9,720 (2.3%) and its estimated rental value climb by £32 per month (2.4%). This results in an estimated gross rental yield of 3.8%.
Plot Size
HM Land Registry records the plot of land for 7, Bishops Place, Lincoln as measuring 597 m2.
That makes it the 2nd largest plot in the postcode, where 7 of the 9 other houses have recorded plot data.
Energy Efficiency
7, Bishops Place, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jul 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Bishops Place, Lincoln completed on 29th September 2015 at £355,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 31.1% over the period since September 2015.
- Sold Sep 2015£355,000
- Sold Dec 2000£152,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Bishops Place, Lincoln have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 12A, Harvey Park, Lincoln, LN2 3DZ, a freehold house which sold for £519,000.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 9 addresses on Bishops Place, Welton, Lincoln, LN2, 7, Bishops Place, Lincoln comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £184k more expensive than the average property across the LN2 district.
More reading links
Schools Nearby
- 300mWelton St Mary's Church of England Primary Academy
- 1.5kmDunholme St Chad's Church of England Primary School
- 2.7kmThe Hackthorn Church of England Primary School
- 900mWilliam Farr CofE Comprehensive School
- 7.1kmThe Priory Pembroke Academy
- 7.4kmLincoln Castle Academy
More reading links
Public Transport Nearby
From 7, Bishops Place, Lincoln, the nearest station is Lincoln, 9.6 kilometres away.
- 9.6kmLincoln
- 12.3kmSaxilby
- 13.4kmMarket Rasen
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.
