Martin Farm, Lincoln
Martin Farm, Lincoln
Description & Estimates
Martin Farm, Lincoln is recorded publicly as a period freehold house across 1,582 ft2 of internal area, sitting on a 10,304 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Martin Farm, Lincoln is £497,143 and its rental estimate is £1,585 per month, given the available information and assuming reasonable condition.
Martin, Lincoln, LN4 falls within the LN4 postal district, in the borough of North Kesteven.
Our Data Sources
Martin Farm, Lincoln has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Martin Farm, Lincoln, we estimate a market value of £522,000 and a rental value of £1,664 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £462,343 and £1,474 per month respectively.
Recent Market Change
Over the last year, Martin Farm, Lincoln has seen its estimated sale value decrease by £17,104 (3.4%) and its estimated rental value grow by £26 per month (1.7%). This results in an estimated gross rental yield of 3.8%.
Plot Size
HM Land Registry records the plot of land for Martin Farm, Lincoln as measuring 10,304 m2.
That makes it the 2nd largest plot in the postcode, where 4 of the 7 other houses have recorded plot data.
Energy Efficiency
Martin Farm, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Martin Farm, Lincoln completed on 18th July 2019 at £420,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 25.9% over the period since July 2019.
- Sold Jul 2019£420,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Martin Farm, Lincoln have sold within a radius of 4.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd February 2022, was 141, Witham Road, Woodhall Spa, LN10 6RB, a freehold house which sold for £431,595.
Read more about house prices in LN4.
- Sold Feb 2022£431,595 | 4 Bed House141, Witham Road, Woodhall Spa, LN10 6RB141, Witham Road, Woodhall Spa, LN10 6RB
- Sold Aug 2019£215,000 | 4 Bed House1 Bridge End, Lincoln, LN4 3RF1 Bridge End, Lincoln, LN4 3RF
- Sold Sep 2018£385,000 | 4 Bed HouseAppletree Cottage, Lincoln, LN4 3RGAppletree Cottage, Lincoln, LN4 3RG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 7 addresses on Martin, Lincoln, LN4, Martin Farm, Lincoln comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £245k more expensive than the average property across the LN4 district.
More reading links
Schools Nearby
- 2.9kmMrs Mary King's CofE (Controlled) Primary School
- 4.5kmWalcott Primary School
- 5.0kmSt Andrew's CofE Primary School
- 7.4kmThe Barnes Wallis Academy
- 14.0kmQueen Elizabeth's Grammar School, Horncastle
- 14.2kmThe Banovallum School
More reading links
Public Transport Nearby
From Martin Farm, Lincoln, the nearest station is Metheringham, 7.2 kilometres away.
- 7.2kmMetheringham
- 11.7kmRuskington
- 17.0kmHeckington
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
