80, Rasen Lane
80, Rasen Lane
Description & Estimates
80, Rasen Lane, Lincoln is recorded publicly as a period leasehold house across 1,421 ft2 of internal area, sitting on a 258 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 80, Rasen Lane, Lincoln is £190,024 and its rental estimate is £822 per month, given the available information and assuming reasonable condition.
Rasen Lane, Lincoln, LN1 falls within the LN1 postal district, in the borough of Lincoln.
Our Data Sources
80, Rasen Lane, Lincoln has 21 entries in the Land Registry , most recently in February 2014 and a single entry in the EPC database dated September 2011.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 80, Rasen Lane, Lincoln, we estimate a market value of £199,525 and a rental value of £863 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £176,722 and £764 per month respectively.
Recent Market Change
Over the last year, 80, Rasen Lane, Lincoln has seen its estimated sale value drop by £6,347 (3.3%) and its estimated rental value rise by £18 per month (2.2%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 80, Rasen Lane, Lincoln as measuring 258 m2.
That makes it the 3rd largest plot in the postcode, where all 18 other houses have recorded plot data.
Energy Efficiency
80, Rasen Lane, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 80, Rasen Lane, Lincoln completed on 18th February 2014 at £177,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 85.0% over the period since February 2014.
- Sold Feb 2014£177,000
- Sold Nov 2005£155,555
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 80, Rasen Lane, Lincoln have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2017, was 1, Spital Street, Lincoln, LN1 3EG, a freehold house which sold for £170,000.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 129 addresses on Rasen Lane, Lincoln, LN1, 80, Rasen Lane, Lincoln comes out as the 6th largest and the 63rd most expensive in our analysis of the public data.
It is also £52k less expensive than the average property across the LN1 district.
More reading links
Schools Nearby
- 200mWestgate Academy
- 400mMount Street Academy
- 600mThe St Faith and St Martin Church of England Junior School, Lincoln
- 800mLincoln UTC
- 1.0kmLincoln Castle Academy
- 1.4kmLincoln Christ's Hospital School
More reading links
Public Transport Nearby
From 80, Rasen Lane, Lincoln, the nearest station is Lincoln, 1.3 kilometres away.
- 1.3kmLincoln
- 6.0kmHykeham
- 8.7kmSaxilby
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
