8, Pond Close
8, Pond Close
Description & Estimates
The public record lists 8, Pond Close, Lincoln as a freehold house sitting on a 448 m2 plot.
Comparison with its neighbours suggests a modern house with 1,417 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
8, Pond Close, Lincoln has an estimated sale value of £373,475 and an estimated rental value of £1,245 per month, assuming reasonable condition and based on the information available.
Pond Close, Welton, Lincoln, LN2 lies in the borough of West Lindsey, within the LN2 postal district.
Our Data Sources
8, Pond Close, Lincoln has 31 entries in the Land Registry , most recently in June 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 8, Pond Close, Lincoln would be worth £392,148, with a potential rental value of £1,308 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £347,331, with a rental value of £1,158 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Pond Close, Lincoln has declined by £8,469 (2.3%) over the last year. During the same period, its estimated monthly rental value has climbed by £30 (2.4%). The property's estimated gross yield is currently 4.0%.
Plot Size
8, Pond Close, Lincoln occupies a 448 m2 plot as recorded by HM Land Registry.
All 9 other houses in this postcode have recorded plot sizes, and this one ranks as the 7th largest.
Sold Prices
8, Pond Close, Lincoln last changed hands on 17th June 2020, selling for £340,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 5.4% since June 2020.
- Sold Jun 2020£340,000
- Sold Sep 2013£247,500
- Sold Dec 1997£107,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 890 metres of 8, Pond Close, Lincoln across the last 2 years.
Most recently, 28, Beckhall, Lincoln, LN2 3LJ, a freehold house, sold at £395,000 on the 10th September 2021.
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
Our analysis of the public data ranks 8, Pond Close, Lincoln as the 6th largest and the 5th most expensive of the 9 addresses on Pond Close, Welton, Lincoln, LN2.
Against the LN2 postcode district average, it is £129k more expensive than the typical property.
More reading links
Schools Nearby
- 600mWelton St Mary's Church of England Primary Academy
- 900mDunholme St Chad's Church of England Primary School
- 3.2kmEllison Boulters Church of England Primary School
- 100mWilliam Farr CofE Comprehensive School
- 6.4kmThe Priory Pembroke Academy
- 7.3kmLincoln Castle Academy
More reading links
Public Transport Nearby
Lincoln station is the nearest stop to 8, Pond Close, Lincoln at 9.3 kilometres away.
- 9.3kmLincoln
- 12.8kmSaxilby
- 13.2kmMarket Rasen
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
