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LN2 1LU

LN2 1LU

Last update: Sep 2024

Postcode Overview

of LN2 1LU

LN2 1LU is a residential postcode located on Steep Hill, Lincoln, LN2. It is the 403rd largest postcode in the LN2 area.

It contains 10 residential addresses consisting of 5 houses and 5 flats and the most common type of property is a period flat built between 1800 and 1911.

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Average property prices

in LN2 1LU

The average house value is £242,587. Sales values have increased in the last 12 months by 3.5% and Rental values have increased by 4.2%.

Property sale values range from £141,377 for a leasehold flat, with 1 bedrooms split across 291 square feet of gross internal area and has a garden to £413,842 for a freehold house, with 3 bedrooms split across 1,066 square feet of gross internal area and has a garden.

Average £/ft2 for properties in LN2 1LU is £396/ft2.

Properties achieve a rental yield of between 3.8% and 5.3%, and rental values range from £604 to £1,314 per month.

Sale value change
12 months
3.5%
Rental value change
12 months
4.2%
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Recent sales

within LN2 1LU

The last sale was 03 Aug 2022 for £170,000 and since then the market in the area as increased by 1.7%. The postcode has had a total of 4 sales since 1995.

LN2 1LU has seen 1 sale in the last three years and no sales in the last twelve months.

£170,000
Aug-2022
Sold
£150,000
Aug-2020
Sold
£190,000
Sep-2017
Sold
£97,500
Aug-2016
Sold
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Nearby postcodes

to LN2 1LU

LN2 1LU is the 403rd largest and the 598th most expensive postcode out of the 1,101 postcodes in the LN2 area.

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Property types

in LN2 1LU

LN2 1LU is a residential postcode located on Steep Hill, Lincoln, LN2 with 5 houses and 5 flats within its bounds.

The most common property type in LN2 1LU is a period flat built between 1800 and 1911.

period flat (5)
period house (5)
Energy Efficiency

Energy Efficiency

of properties within LN2 1LU

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

A (0)
E (4)
B (0)
F (0)
C (0)
G (0)
D (1)
No EPC (5)
Schools nearby

Schools nearby

to LN2 1LU

The nearest primary school to LN2 1LU is Westgate Academy which is 400 m away and is rated Good by Ofsted.
400 m
Westgate Academy
Good
600 m
The Lincoln St Peter-in-Eastgate Church of England (Controlled) Infants School
Requires improvement
700 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
1.3 km
Lincoln Christ's Hospital School
Good
2.9 km
The Priory Academy LSST
Good
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to LN2 1LU

The closest station to LN2 1LU is Lincoln station which is 900 m away.

900 m
Lincoln
5.8 km
Hykeham
9.1 km
Saxilby
13.1 km
Swinderby
Source: National Rail
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