8, Wellhead Lane
8, Wellhead Lane
Description & Estimates
The public record describes 8, Wellhead Lane, Lincoln as a mid-century house with 688 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
8, Wellhead Lane, Lincoln has an estimated sale value of £170,897 and an estimated rental value of £872 per month, assuming reasonable condition and based on the information available.
Wellhead Lane, Nocton, Lincoln, LN4 lies in the borough of North Kesteven, within the LN4 postal district.
Our Data Sources
8, Wellhead Lane, Lincoln has no records in the the Land Registry and a single entry in the EPC database dated December 2018.
We combine this information with public data 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
In very good condition, we estimate 8, Wellhead Lane, Lincoln would be worth £179,442, with a potential rental value of £915 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £158,935, with a rental value of £811 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, Wellhead Lane, Lincoln has dropped by £3,999 (2.3%) over the last year. During the same period, its estimated monthly rental value has risen by £29 (3.4%). The property's estimated gross yield is currently 6.1%.
Energy Efficiency
8, Wellhead Lane, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Dec 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.1 kilometres of 8, Wellhead Lane, Lincoln across the last 2 years.
Most recently, 3, Wellhead Lane, Lincoln, LN4 2BW, a freehold house, sold at £180,000 on the 9th September 2024.
Read more about house prices in LN4.
•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, Wellhead Lane, Lincoln as the 42nd largest and the 38th most expensive of the 49 addresses on Wellhead Lane, Nocton, Lincoln, LN4.
Against the LN4 postcode district average, it is £81k less expensive than the typical property.
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Schools Nearby
- 300mNocton Community Primary School
- 1.4kmDunston St Peter's Church of England Primary School
- 1.9kmThe Potterhanworth Church of England Primary School
- 4.7kmBranston Community Academy
- 9.3kmThe Priory Pembroke Academy
- 9.5kmThe Priory Academy LSST
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Public Transport Nearby
Metheringham station is the nearest stop to 8, Wellhead Lane, Lincoln at 3.6 kilometres away.
- 3.6kmMetheringham
- 10.3kmLincoln
- 12.2kmHykeham
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.
