9, Bancroft Close
9, Bancroft Close
Description & Estimates
Public records show 9, Bancroft Close, Lincoln to be a modern freehold house with 968 ft2 of internal area.
In this area, houses of this size normally have 3 bedrooms with a garden.
9, Bancroft Close, Lincoln has an estimated sale value of £267,318 and an estimated rental value of £1,050 per month, assuming reasonable condition and based on the information available.
Bancroft Close, Waddington, Lincoln, LN5 lies in the borough of North Kesteven, within the LN5 postal district.
Our Data Sources
9, Bancroft Close, Lincoln has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 9, Bancroft Close, Lincoln would be worth £280,684, with a potential rental value of £1,103 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £248,606, with a rental value of £977 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 9, Bancroft Close, Lincoln has declined by £5,254 (2.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £29 (2.8%). The property's estimated gross yield is currently 4.7%.
Energy Efficiency
9, Bancroft Close, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jun 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
9, Bancroft Close, Lincoln last changed hands on 28th July 2022, selling for £279,950. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 8.1% since July 2022.
- Sold Jul 2022£279,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.7 kilometres of 9, Bancroft Close, Lincoln across the last 2 years.
Most recently, 18, Allen Road, Lincoln, LN5 9TE, a freehold house, sold at £271,950 on the 28th April 2023.
Read more about house prices in LN5.
•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 9, Bancroft Close, Lincoln as the 3rd largest and the 3rd most expensive of the 10 addresses on Bancroft Close, Waddington, Lincoln, LN5.
Against the LN5 postcode district average, it is £48k more expensive than the typical property.
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Schools Nearby
- 500mWaddington All Saints Academy
- 2.4kmWaddington Redwood Primary Academy
- 3.2kmColeby Church of England Primary Academy
- 4.4kmSir Robert Pattinson Academy
- 4.7kmNorth Kesteven Academy
- 5.1kmThe Priory Academy LSST
More reading links
Public Transport Nearby
Hykeham station is the nearest stop to 9, Bancroft Close, Lincoln at 5.4 kilometres away.
- 5.4kmHykeham
- 7.0kmLincoln
- 10.2kmMetheringham
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
