According to the public record, 1, Chapter Close, Lincoln is a modern freehold house and with 1,399 ft2 of internal area and sits on a 346 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Chapter Close, Welton, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
1, Chapter Close, Lincoln has 21 entries in the Land Registry database, most recently in December 2023 and 2 entries in the EPC database, most recently in March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Chapter Close Lincoln as £358,151 and the rental value as £1,156 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 1 Chapter Close Lincoln has increased by £5,274 (1.5%) and its rental value has increased by £22 per month (1.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Chapter Close, Lincoln is in very good condition we estimate a sale value of £376,059 and rental value of £1,213 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £333,081 and a rental value of £1,075 per month.
If you were able to purchase this property for the estimated value of £358,151, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,760 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Chapter Close, Lincoln sits on a plot of 346m2.
We have plot size data on 7 out of 9 other houses in the postcode and 1, Chapter Close, Lincoln sits on the 6th largest plot.
According to HM Land Registry, 1, Chapter Close, Lincoln was last sold on 11 Dec 2023 for £355,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2023, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Chapter Close, Lincoln within a radius of 205m over the last 2 years.
The most recent example is 3, Roman Road, Lincoln, LN2 3RJ, a Freehold house which sold for £370,000 in Oct 2022.
Read more about house prices in LN2.
Chapter Close, Welton, Lincoln, LN2 has a total of 9 addresses. According to our analysis of all the public data, 1, Chapter Close, Lincoln is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £113k more expensive than the average property in LN2.
1, Chapter Close, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Chapter Close, Lincoln is Lincoln station which is 9.6 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 1, Chapter Close, Lincoln, 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 1, Chapter Close, Lincoln, 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 1, Chapter Close, Lincoln, 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 1, Chapter Close, Lincoln, 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 1, Chapter Close, Lincoln, 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.