Shires, Lincoln
Shires, Lincoln
Description & Estimates
Shires, Lincoln appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,999 ft2 of internal area and a garden.
Locally, houses of this size normally have 5 bedrooms.
Our estimate of the sale value of Shires, Lincoln is £335,553 and its rental estimate is £1,481 per month, given the available information and assuming reasonable condition.
Blacksmiths Lane, Harmston, Lincoln, LN5 falls within the LN5 postal district, in the borough of North Kesteven.
Our Data Sources
Shires, Lincoln has 2 entries in the Land Registry , most recently in September 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Shires, Lincoln, we estimate a market value of £352,330 and a rental value of £1,555 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £312,064 and £1,377 per month respectively.
Recent Market Change
Over the last year, Shires, Lincoln has seen its estimated sale value decrease by £11,437 (3.4%) and its estimated rental value grow by £25 per month (1.7%). This results in an estimated gross rental yield of 5.3%.
Sold Prices
The most recent sale of Shires, Lincoln completed on 29th September 2021 at £445,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 19.7% over the period since September 2021.
- Sold Sep 2021£445,000
- Sold Sep 2011£280,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Shires, Lincoln have sold within a radius of 2.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th June 2024, was 56, Station Road, Lincoln, LN5 9QW, a freehold house which sold for £505,000.
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
Of the 25 addresses on Blacksmiths Lane, Harmston, Lincoln, LN5, Shires, Lincoln comes out as the 8th largest and the 10th most expensive in our analysis of the public data.
It is also £116k more expensive than the average property across the LN5 district.
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Schools Nearby
- 2.0kmColeby Church of England Primary Academy
- 2.0kmWaddington All Saints Academy
- 3.5kmWaddington Redwood Primary Academy
- 4.8kmSir Robert Pattinson Academy
- 5.1kmNorth Kesteven Academy
- 6.4kmThe Priory Academy LSST
More reading links
Public Transport Nearby
From Shires, Lincoln, the nearest station is Hykeham, 5.9 kilometres away.
- 5.9kmHykeham
- 8.4kmLincoln
- 10.4kmSwinderby
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.
