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According to the public record, 8, Cornfield Way, Lincoln is a modern freehold house with 968 ft2 of internal area.
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 8, Cornfield Way, Lincoln is £217,634 and the estimated rental value is £987 per month.
Cornfield Way, Billinghay, Lincoln, LN4 is located in the borough of North Kesteven within the LN4 postal district.
8, Cornfield Way, Lincoln has a single entry in the Land Registry from March 2021 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 8, Cornfield Way, Lincoln is in very good condition we estimate a sale value of £228,516 and a rental value of £1,036 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,400 and a rental value of £918 per month.
Over the last 12 months the sale value of 8 Cornfield Way Lincoln has decreased by an estimated £5,092 (2.3%) and its rental value has increased by an estimated £33 per month (3.4%), giving an expected gross yield of 5.4%.
8, Cornfield Way, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Feb 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 8, Cornfield Way, Lincoln was last sold on 5th March 2021 for £185,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2021, the market for similar properties has risen 27.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Cornfield Way, Lincoln within a radius of 5.2 kilometres over the last 2 years.
The most recent example is 4, Cornfield Way, Lincoln, LN4 4FA, a freehold house which sold for £235,000 on the 29th November 2024.
Read more about house prices in LN4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cornfield Way, Billinghay, Lincoln, LN4 has a total of 37 addresses. According to our analysis of all the public data, 8, Cornfield Way, Lincoln is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £34k less expensive than the average property in LN4.
The closest station to 8, Cornfield Way, Lincoln is Ruskington station which is 7.3 kilometres away.
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 8, Cornfield Way, Lincoln, 77.1% of property is socially rented and 8.0% 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 8, Cornfield Way, Lincoln, 13.2% of residents are recorded as possessing school level qualifications and 9.7% 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 8, Cornfield Way, Lincoln, the average age was 45 and the most common age was 57.
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 8, Cornfield Way, 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 8, Cornfield Way, Lincoln, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.