7, Lodge Close
7, Lodge Close
Description & Estimates
7, Lodge Close, Lincoln is recorded publicly as a modern freehold house across 1,302 ft2 of internal area, sitting on a 479 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 7, Lodge Close, Lincoln is £330,922 and its rental estimate is £1,242 per month, given the available information and assuming reasonable condition.
Lodge Close, Welton, Lincoln, LN2 falls within the LN2 postal district, in the borough of West Lindsey.
Our Data Sources
7, Lodge Close, Lincoln has 21 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated March 2019.
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, Lodge Close, Lincoln, we estimate a market value of £347,468 and a rental value of £1,304 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £307,758 and £1,155 per month respectively.
Recent Market Change
Over the last year, 7, Lodge Close, Lincoln has seen its estimated sale value drop by £7,504 (2.3%) and its estimated rental value rise by £29 per month (2.4%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 7, Lodge Close, Lincoln as measuring 479 m2.
That makes it the 3rd largest plot in the postcode, where all 7 other houses have recorded plot data.
Energy Efficiency
7, Lodge Close, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Mar 2019.
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, Lodge Close, Lincoln completed on 16th August 2019 at £282,000 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 11.0% over the period since August 2019.
- Sold Aug 2019£282,000
- Sold Mar 1995£67,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 7, Lodge Close, Lincoln have sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th October 2024, was 19, Keepers Close, Lincoln, LN2 3TS, a freehold house which sold for £305,000.
Read more about house prices in LN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 7 addresses on Lodge Close, Welton, Lincoln, LN2, 7, Lodge Close, Lincoln comes out as the largest and the most expensive in our analysis of the public data.
It is also £86k more expensive than the average property across the LN2 district.
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Schools Nearby
- 600mWelton St Mary's Church of England Primary Academy
- 1.0kmDunholme St Chad's Church of England Primary School
- 2.8kmThe Hackthorn Church of England Primary School
- 1.0kmWilliam Farr CofE Comprehensive School
- 7.2kmThe Priory Pembroke Academy
- 8.1kmLincoln Castle Academy
More reading links
Public Transport Nearby
From 7, Lodge Close, Lincoln, the nearest station is Lincoln, 10.2 kilometres away.
- 10.2kmLincoln
- 12.5kmMarket Rasen
- 13.2kmSaxilby
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.
