LN2 3DY is a residential postcode located on Farmery Lane, Welton, Lincoln, LN2. It is the 738th largest postcode in the LN2 area.
It contains 21 houses and the most common type of property is a modern house built after 1980.
The average house value is £337,653. Sales values have increased in the last 12 months by 1.5% and Rental values have increased by 1.9%.
Property sale values range from £237,647 for a freehold house, with 3 bedrooms split across 624 square feet of gross internal area and has a garden to £410,956 for a freehold house, with 4 bedrooms split across 1,636 square feet of gross internal area and has a garden.
Average £/ft2 for properties in LN2 3DY is £298/ft2.
Properties achieve a rental yield of between 3.8% and 4.3%, and rental values range from £859 to £1,295 per month.
The last sale was 22 Sep 2023 for £360,000 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 3DY has seen 4 sales in the last three years and 1 sale in the last twelve months.
LN2 3DY is the 738th largest and the 814th most expensive postcode out of the 1,101 postcodes in the LN2 area.
LN2 3DY is a residential postcode located on Farmery Lane, Welton, Lincoln, LN2 with 21 houses within its bounds.
The most common property type in LN2 3DY is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
The closest station to LN2 3DY is Lincoln station which is 10.1 km 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 LN2 3DY, 52.7% of property is privately owned outright and 35.7% is privately owned with a mortgage.
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 LN2 3DY, 18.7% of residents are recorded as possessing school level qualifications and 45.0% 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 LN2 3DY, the average age was 43.8 and the most common age was 52.
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 LN2 3DY, 0.6% 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 LN2 3DY, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.