LN1 3LG is a residential postcode located on Willis Close, Lincoln, LN1. It is the 814th largest postcode in the LN1 area.
It contains 40 residential addresses consisting of 21 houses, 4 flats and 15 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £198,079. Sales values have increased in the last 12 months by 3.1% and Rental values have increased by 3.9%.
Property sale values range from £130,859 for a leasehold flat, with 2 bedrooms split across 495 square feet of gross internal area and has no outside space to £333,300 for a freehold house, with 5 bedrooms split across 1,905 square feet of gross internal area and has a garden.
Average £/ft2 for properties in LN1 3LG is £249/ft2.
Properties achieve a rental yield of between 4.8% and 7.1%, and rental values range from £776 to £1,338 per month.
The last sale was 02 Feb 2024 for £230,000 and since then the market in the area has increased by 4.9%. The postcode has had a total of 4 sales since 1995.
LN1 3LG has seen 4 sales in the last three years and 2 sales in the last twelve months.
LN1 3LG is the 814th largest and the 372nd most expensive postcode out of the 893 postcodes in the LN1 area.
LN1 3LG is the 814th largest and the 372nd most expensive postcode out of the 893 postcodes in the LN1 area.
LN1 3LG is a residential postcode located on Willis Close, Lincoln, LN1 with 21 houses, 4 flats and 15 unknown within its bounds.
The most common property type in LN1 3LG is a mid-century house built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being B.
The closest station to LN1 3LG is Lincoln station which is 1.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around LN1 3LG, 34.1% of property is privately owned outright and 31.0% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around LN1 3LG, 8.4% of residents are recorded as possessing school level qualifications and 39.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around LN1 3LG, the average age was 28.8 and the most common age was 22.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around LN1 3LG, 0.9% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around LN1 3LG, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.