Derrymore, Lincoln
Derrymore, Lincoln
Description & Estimates
According to the public record, Derrymore, Lincoln is a mid-century freehold house with 1,722 ft2 of internal area.
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 Derrymore, Lincoln is £493,197 and the estimated rental value is £1,771 per month.
Chapel Lane, Harmston, Lincoln, LN5 is located in the borough of North Kesteven within the LN5 postal district.
Our Data Sources
Derrymore, Lincoln has a single entry in the Land Registry from May 2021 and a single entry in the EPC database dated April 2018.
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
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 Derrymore, Lincoln is in very good condition we estimate a sale value of £517,857 and a rental value of £1,859 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £458,673 and a rental value of £1,647 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Derrymore, Lincoln has fallen by £11,446 (2.3%), while its estimated rental value has moved up by £36 per month (2.0%). Based on current estimates, the property offers a gross rental yield of 4.3%.
Energy Efficiency
Derrymore, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Apr 2018.
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, Derrymore, Lincoln was last sold on 13th May 2021 for £406,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has dropped by 18.7%.
- Sold May 2021£406,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Derrymore, Lincoln within a radius of 2.8 kilometres over the last 2 years.
The most recent example is 12, Cockburn Way, Lincoln, LN5 9GE, a freehold house which sold for £430,000 on the 20th December 2024.
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
Chapel Lane, Harmston, Lincoln, LN5 has a total of 16 addresses. According to our analysis of all the public data, Derrymore, Lincoln is the 7th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £274k more expensive than the average property in LN5.
More reading links
Schools Nearby
- 1.8kmColeby Church of England Primary Academy
- 2.1kmWaddington All Saints Academy
- 3.7kmWaddington Redwood Primary Academy
- 5.0kmSir Robert Pattinson Academy
- 5.2kmNorth Kesteven Academy
- 6.6kmThe Priory Academy LSST
More reading links
Public Transport Nearby
The closest station to Derrymore, Lincoln is Hykeham station, which is 6.1 kilometres away.
- 6.1kmHykeham
- 8.6kmLincoln
- 10.5kmSwinderby
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.
