8, Reading Close
8, Reading Close
Description & Estimates
According to the public record, 8, Reading Close, Lincoln is a mid-century freehold house with 1,636 ft2 of internal area and sits on a 567 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 8, Reading Close, Lincoln is £336,095 and the estimated rental value is £1,336 per month.
Reading Close, Washingborough, Lincoln, LN4 is located in the borough of North Kesteven within the LN4 postal district.
Our Data Sources
8, Reading Close, Lincoln has 21 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated February 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 8, Reading Close, Lincoln is in very good condition we estimate a sale value of £352,900 and a rental value of £1,403 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,568 and a rental value of £1,242 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Reading Close, Lincoln has decreased by £11,563 (3.4%), while its estimated rental value has grown by £22 per month (1.7%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Plot Size
According to data from HM Land Registry, 8, Reading Close, Lincoln sits on a plot of 567 m2.
We have plot size data on 15 out of 15 other houses in the postcode and 8, Reading Close, Lincoln sits on the largest plot.
Energy Efficiency
8, Reading Close, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Feb 2020.
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, 8, Reading Close, Lincoln was last sold on 1st April 2021 for £290,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2021, the market for similar properties has risen by 20.7%.
- Sold Apr 2021£290,000
- Sold Jan 1997£70,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Reading Close, Lincoln within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 2, Canterbury Drive, Lincoln, LN4 1SJ, a freehold house which sold for £300,000 on the 1st December 2020.
Read more about house prices in LN4.
- Sold Dec 2020£300,000 | 4 Bed House2, Canterbury Drive, Lincoln, LN4 1SJ2, Canterbury Drive, Lincoln, LN4 1SJ
- Sold Jul 2016£273,000 | 4 Bed House12, Reading Close, Lincoln, LN4 1SL12, Reading Close, Lincoln, LN4 1SL
- Sold Jun 2015£257,000 | 4 Bed House44, Canterbury Drive, Lincoln, LN4 1SJ44, Canterbury Drive, Lincoln, LN4 1SJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Reading Close, Washingborough, Lincoln, LN4 has a total of 15 addresses. According to our analysis of all the public data, 8, Reading Close, Lincoln is the largest and the most expensive property on the street.
When compared to the postcode district it is £84k more expensive than the average property in LN4.
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Schools Nearby
- 800mHeighington Millfield Primary Academy
- 1.0kmWashingborough Academy
- 1.8kmCherry Willingham Primary Academy
- 2.5kmBranston Community Academy
- 2.9kmThe Priory Pembroke Academy
- 4.8kmLincoln Christ's Hospital School
More reading links
Public Transport Nearby
The closest station to 8, Reading Close, Lincoln is Lincoln station, which is 5.6 kilometres away.
- 5.6kmLincoln
- 9.8kmHykeham
- 10.1kmMetheringham
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.
