7, Mill Rise
7, Mill Rise
Description & Estimates
According to the public record, 7, Mill Rise, Lincoln is a modern freehold house with 1,657 ft2 of internal area and sits on a 447 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Mill Rise, Lincoln is £472,292 and the estimated rental value is £1,696 per month.
Mill Rise, Wellingore, Lincoln, LN5 is located in the borough of North Kesteven within the LN5 postal district.
Our Data Sources
7, Mill Rise, Lincoln has a single entry in the Land Registry from May 2018 and a single entry in the EPC database dated April 2017.
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
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, Mill Rise, Lincoln is in very good condition we estimate a sale value of £495,906 and a rental value of £1,780 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £439,231 and a rental value of £1,577 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7, Mill Rise, Lincoln has declined by £10,960 (2.3%), while its estimated rental value has climbed by £34 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 4.3%.
Plot Size
According to data from HM Land Registry, 7, Mill Rise, Lincoln sits on a plot of 447 m2.
We have plot size data on 5 out of 7 other houses in the postcode and 7, Mill Rise, Lincoln sits on the 2nd largest plot.
Energy Efficiency
7, Mill Rise, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 7, Mill Rise, Lincoln was last sold on 25th May 2018 for £326,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen by 6.4%.
- Sold May 2018£326,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Mill Rise, Lincoln within a radius of 3.7 kilometres over the last 2 years.
The most recent example is 7, The Willows, Lincoln, LN5 0FU, a freehold house which sold for £460,000 on the 9th August 2024.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Mill Rise, Wellingore, Lincoln, LN5 has a total of 7 addresses. According to our analysis of all the public data, 7, Mill Rise, Lincoln is the largest and the most expensive property on the street.
When compared to the postcode district it is £253k more expensive than the average property in LN5.
More reading links
Schools Nearby
- 1.1kmNavenby Church of England Primary School
- 3.2kmThe Welbourn Church of England Primary School
- 3.9kmColeby Church of England Primary Academy
- 4.4kmSir William Robertson Academy, Welbourn
- 10.4kmSir Robert Pattinson Academy
- 10.6kmNorth Kesteven Academy
More reading links
Public Transport Nearby
The closest station to 7, Mill Rise, Lincoln is Metheringham station, which is 10.3 kilometres away.
- 10.3kmMetheringham
- 11.5kmHykeham
- 11.9kmRuskington
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
