Friars Lane, Lincoln, LN2 is a residential street which is the 476th longest street in the LN2 area.
It contains 26 residential addresses consisting of 14 houses and 12 flats and the most common type of property is a modern house built after 1980.
The average house value is £145,201. Sales values have increased in the last 12 months by 5.2% and Rental values have increased by 5.9%.
Property sale values range from £63,854 for a leasehold flat, with 1 bedrooms split across 172 square feet of gross internal area and has no outside space to £271,193 for a freehold house, with 4 bedrooms split across 1,399 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Friars Lane, Lincoln, LN2 is £234/ft2.
Properties achieve a rental yield of between 5% and 7.4%, and rental values range from £390 to £1,120 per month.
The last sale was 27 May 2022 for £209,950 and since then the market in the area as increased by 3.7%. The street has had a total of 4 sales since 1995.
Friars Lane, Lincoln, LN2 has seen 2 sales in the last three years and no sales in the last twelve months.
Friars Lane, Lincoln, LN2 is the 476th largest and the 120th most expensive street in the LN2 area.
There is 1 postcode on Friars Lane, Lincoln, LN2.
Friars Lane, Lincoln, LN2 is a residential street located in LN2 containing 14 houses and 12 flats.
The most common property type on Friars Lane, Lincoln, LN2 is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to Friars Lane, Lincoln, LN2 is Lincoln station which is 600 m 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 Friars Lane, Lincoln, LN2, 69.7% of property is privately rented and 20.2% is socially 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 Friars Lane, Lincoln, LN2, 54.1% of residents are recorded as possessing school level qualifications and 25.4% 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 Friars Lane, Lincoln, LN2, the average age was 34.1 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 Friars Lane, Lincoln, LN2, 0.3% 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 Friars Lane, Lincoln, LN2, 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.