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3 Minster Yard

Name: 3, Minster Yard, Lincoln, LN2
Address: Minster Yard, Lincoln, LN2, LN2 1PX

House Prices / East Midlands, Lincoln, Minster Yard

Last update: Sep 2024

3 Minster Yard

House Prices / East Midlands, Lincoln, Minster Yard

Last update: Sep 2024

Building Overview

of 3 Minster Yard

3, Minster Yard, Lincoln, LN2 is a residential building located on Minster Yard, Lincoln, LN2. It is the 93rd largest building in the LN2 area.

It contains 2 flats and the most common type of property is a period flat built between 1800 and 1911.

3 Paley Flat, Minster Yard, Lincoln, LN2 1PX

2 bed period flat

3, Minster Yard, Lincoln, LN2 1PJ

5 bed period house

Average property prices

in LN2 1PX

The average house value is £336,178. Sales values have increased in the last 12 months by 5.0% and Rental values have increased by 5.7%.

Property sale values range from £212,051 for a leasehold flat, with 2 bedrooms split across 689 square feet of gross internal area and has no outside space to £643,760 for a freehold house, with 5 bedrooms split across 3,434 square feet of gross internal area and has a garden.

Average £/ft² for properties in LN2 1PX is £299/ft².

Properties achieve a rental yield of between 3.7% and 4.7%, and rental values range from £830 to £1,976 per month.

Sale value change

12 months

5.0%

Rental value change

12 months

5.7%

Property types

in 3, Minster Yard, Lincoln, LN2

3, Minster Yard, Lincoln, LN2 is a residential building located on Minster Yard, Lincoln, LN2 with 2 flats.

The most common property type in 3, Minster Yard, Lincoln, LN2 is a period flat built between 1800 and 1911.

period flat (1)

period house (1)

Energy Efficiency

of properties within 3, Minster Yard, Lincoln, LN2

The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.

A (0)

E (15)

B (0)

F (1)

C (2)

G (0)

D (18)

No EPC (7)

Schools nearby

to 3, Minster Yard, Lincoln, LN2

The nearest primary school to 3, Minster Yard, Lincoln, LN2 is Westgate Academy which is 400 m away and is rated Good by Ofsted.

400 m

Westgate Academy

Good

500 m

The Lincoln St Peter-in-Eastgate Church of England (Controlled) Infants School

Requires improvement

800 m

The St Faith and St Martin Church of England Junior School, Lincoln

Good

The nearest secondary school is Lincoln UTC which is 300 m away and is rated Good by Ofsted.

300 m

Lincoln UTC

Good

1.2 km

Lincoln Christ's Hospital School

Good

2.9 km

The Priory Academy LSST

Good

Source: Ofsted (2016)

Public transport nearby

to 3, Minster Yard, Lincoln, LN2

The closest station to 3, Minster Yard, Lincoln, LN2 is Lincoln station which is 900 m away.

900 m

Lincoln

5.9 km

Hykeham

9.2 km

Saxilby

13.1 km

Swinderby

Source: National Rail

Risk of flooding

for 3, Minster Yard, Lincoln, LN2

According to data from the Environment Agency, the flood risk in this area is considered to be very low.

Very low

High

Source: Environment Agency (2024)

Home ownership nearby

around 3, Minster Yard, Lincoln, LN2

The recent census recorded whether a resident owned or rented their home.

In the area around 3, Minster Yard, Lincoln, LN2, 66.0% of property is privately rented and 15.7% is privately owned outright.

The graph below shows how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

Education levels in the area

around 3, Minster Yard, Lincoln, LN2

The recent census recorded the highest level of education achieved by residents in the local area.

In the area around 3, Minster Yard, Lincoln, LN2, 40.0% of residents are recorded as possessing school level qualifications and 46.3% as possessing degree level qualifications.

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Average age of residents

around 3, Minster Yard, Lincoln, LN2

Average age

The most recent census in 2021 recorded the age of all UK residents.

In the area around 3, Minster Yard, Lincoln, LN2, the average age was 39.2 and the most common age was 22.

This area:

East Midlands:

England & Wales:

Age distribution

The graph below shows how this compares to East Midlands and the rest of England & Wales

Source: ONS Census (2021)

Number of second homes

around 3, Minster Yard, Lincoln, LN2

The recent census recorded whether a property was a primary or secondary home for the resident.

In the area around 3, Minster Yard, Lincoln, LN2, 1.2% of property was a second home.

Comparison figures for East Midlands and the rest of England & Wales are listed below.

Source: ONS Census (2021)

Average cars per home

around 3, Minster Yard, Lincoln, LN2

The recent census recorded the number of cars registered in each household.

In the area around 3, Minster Yard, Lincoln, LN2, there are an average of 1.1 cars per household.

See below for how this compares to East Midlands and the rest of England & Wales.

Source: ONS Census (2021)

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Risk of flooding

for 3, Minster Yard, Lincoln, LN2

According to data from the Environment Agency, the flood risk in this area is considered to be very low.

Very low

High

Source: Environment Agency (2024)

Home ownership nearby

around 3, Minster Yard, Lincoln, LN2

The recent census recorded whether a resident owned or rented their home.

In the area around 3, Minster Yard, Lincoln, LN2, 66.0% of property is privately rented and 15.7% is privately owned outright.

The graph below shows how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

Education levels in the area

around 3, Minster Yard, Lincoln, LN2

The recent census recorded the highest level of education achieved by residents in the local area.

In the area around 3, Minster Yard, Lincoln, LN2, 40.0% of residents are recorded as possessing school level qualifications and 46.3% as possessing degree level qualifications.

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Average age of residents

around 3, Minster Yard, Lincoln, LN2

Average age

The most recent census in 2021 recorded the age of all UK residents.

In the area around 3, Minster Yard, Lincoln, LN2, the average age was 39.2 and the most common age was 22.

This area:

East Midlands:

England & Wales:

Age distribution

The graph below shows how this compares to East Midlands and the rest of England & Wales

Source: ONS Census (2021)

Number of second homes

around 3, Minster Yard, Lincoln, LN2

The recent census recorded whether a property was a primary or secondary home for the resident.

In the area around 3, Minster Yard, Lincoln, LN2, 1.2% of property was a second home.

Comparison figures for East Midlands and the rest of England & Wales are listed below.

Source: ONS Census (2021)

Average cars per home

around 3, Minster Yard, Lincoln, LN2

The recent census recorded the number of cars registered in each household.

In the area around 3, Minster Yard, Lincoln, LN2, there are an average of 1.1 cars per household.

See below for how this compares to East Midlands and the rest of England & Wales.

Source: ONS Census (2021)