8, Saxon Close
8, Saxon Close
Description & Estimates
According to the public record, 8, Saxon Close, Lincoln is a modern freehold house with 1,582 ft2 of internal area and sits on a 497 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, Saxon Close, Lincoln is £411,855 and the estimated rental value is £1,313 per month.
Saxon Close, Welton, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
Our Data Sources
8, Saxon Close, Lincoln has a single entry in the Land Registry from May 2019 and a single entry in the EPC database dated February 2019.
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 8, Saxon Close, Lincoln is in very good condition we estimate a sale value of £432,448 and a rental value of £1,378 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £383,025 and a rental value of £1,221 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Saxon Close, Lincoln has moved down by £9,340 (2.3%), while its estimated rental value has increased by £31 per month (2.4%). Based on current estimates, the property offers a gross rental yield of 3.8%.
Plot Size
According to data from HM Land Registry, 8, Saxon Close, Lincoln sits on a plot of 497 m2.
We have plot size data on 15 out of 17 other houses in the postcode and 8, Saxon Close, Lincoln sits on the 2nd largest plot.
Energy Efficiency
8, Saxon Close, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Feb 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 8, Saxon Close, Lincoln was last sold on 31st May 2019 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2019, the market for similar properties has risen by 11.1%.
- Sold May 2019£340,000
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, Saxon Close, Lincoln within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 7, Fishponds Way, Lincoln, LN2 3RR, a freehold house which sold for £369,950 on the 27th August 2019.
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
Saxon Close, Welton, Lincoln, LN2 has a total of 17 addresses. According to our analysis of all the public data, 8, Saxon Close, Lincoln is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £167k more expensive than the average property in LN2.
More reading links
Schools Nearby
- 400mWelton St Mary's Church of England Primary Academy
- 1.5kmDunholme St Chad's Church of England Primary School
- 2.9kmThe Hackthorn Church of England Primary School
- 700mWilliam Farr CofE Comprehensive School
- 6.8kmThe Priory Pembroke Academy
- 7.2kmLincoln Castle Academy
More reading links
Public Transport Nearby
The closest station to 8, Saxon Close, Lincoln is Lincoln station, which is 9.3 kilometres away.
- 9.3kmLincoln
- 12.3kmSaxilby
- 13.5kmMarket Rasen
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
