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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 8, Larne Close, Lincoln is a modern apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Larne Close, Lincoln is £122,343 and the estimated rental value is £717 per month.
Larne Close, Lincoln, LN5 is located in the borough of Lincoln within the LN5 postal district.
8, Larne Close, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated August 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Larne Close, Lincoln is in very good condition we estimate a sale value of £128,460 and a rental value of £753 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,779 and a rental value of £667 per month.
Over the last 12 months the sale value of 8 Larne Close Lincoln has decreased by an estimated £3,250 (2.7%) and its rental value has increased by an estimated £18 per month (2.5%), giving an expected gross yield of 7%.
8, Larne Close, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Aug 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Larne Close, Lincoln within a radius of 740 metres over the last 2 years.
The most recent example is 45, Redwood Drive, Lincoln, LN5 9BN, a leasehold flat which sold for £95,000 on the 15th February 2023.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Larne Close, Lincoln, LN5 has a total of 7 addresses. According to our analysis of all the public data, 8, Larne Close, Lincoln is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in LN5.
The closest station to 8, Larne Close, Lincoln is Hykeham station which is 2.8 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, Larne Close, Lincoln, 35.1% of property is socially rented and 23.8% 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, Larne Close, Lincoln, 17.4% of residents are recorded as possessing school level qualifications and 19.2% 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, Larne Close, Lincoln, the average age was 42.8 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, Larne 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 8, Larne Close, 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.
