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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 7, Cedar Close, Lincoln is a mid-century freehold house with 839 ft2 of internal area and sits on a 223 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 7, Cedar Close, Lincoln is £195,231 and the estimated rental value is £932 per month.
Cedar Close, Lincoln, LN5 is located in the borough of North Kesteven within the LN5 postal district.
7, Cedar Close, Lincoln has 41 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated February 2015.
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.
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 7, Cedar Close, Lincoln is in very good condition we estimate a sale value of £204,993 and a rental value of £979 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,565 and a rental value of £867 per month.
Over the last 12 months the sale value of 7 Cedar Close Lincoln has decreased by an estimated £4,676 (2.4%) and its rental value has increased by an estimated £26 per month (2.8%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 7, Cedar Close, Lincoln sits on a plot of 223m2.
We have plot size data on 13 out of 15 other houses in the postcode and 7, Cedar Close, Lincoln sits on the 13th largest plot.
7, Cedar Close, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Feb 2015.
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, 7, Cedar Close, Lincoln was last sold on 22nd September 2021 for £180,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since September 2021, the market for similar properties has risen 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Cedar Close, Lincoln within a radius of 860 metres over the last 2 years.
The most recent example is 20, Valley Road, Lincoln, LN5 9BE, a freehold house which sold for £190,000 on the 19th January 2024.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cedar Close, Lincoln, LN5 has a total of 15 addresses. According to our analysis of all the public data, 7, Cedar Close, Lincoln is the 10th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in LN5.
The closest station to 7, Cedar Close, Lincoln is Hykeham station which is 3.0 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 7, Cedar Close, Lincoln, 51.2% of property is privately owned outright and 36.2% is privately owned with a mortgage.
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 7, Cedar Close, Lincoln, 8.1% of residents are recorded as possessing school level qualifications and 17.8% 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 7, Cedar Close, Lincoln, the average age was 40.9 and the most common age was 32.
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 7, Cedar Close, 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 7, Cedar Close, 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.
