According to the public record, 1, Lexington Road, Lincoln is a modern freehold house and with 764 ft2 of internal area and sits on a 235 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lexington Road, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
1, Lexington Road, Lincoln has a single entry in the Land Registry database from July 2018 and a single entry in the EPC database dated May 2018.
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 Lexington Road Lincoln as £224,806 and the rental value as £928 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 1 Lexington Road Lincoln has increased by £6,326 (2.8%) and its rental value has increased by £33 per month (3.6%).
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, Lexington Road, Lincoln is in very good condition we estimate a sale value of £236,046 and rental value of £975 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,069 and a rental value of £863 per month.
If you were able to purchase this property for the estimated value of £224,806, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,105 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, Lexington Road, Lincoln sits on a plot of 235m2.
We have plot size data on 9 out of 10 other houses in the postcode and 1, Lexington Road, Lincoln sits on the 3rd largest plot.
According to HM Land Registry, 1, Lexington Road, Lincoln was last sold on 06 Jul 2018 for £192,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2018, the market for similar properties has risen 24.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Lexington Road, Lincoln within a radius of 108m over the last 2 years.
The most recent example is 234, Wolsey Way, Lincoln, LN2 4ST, a Freehold house which sold for £228,000 in May 2024.
Read more about house prices in LN2.
Lexington Road, Lincoln, LN2 has a total of 10 addresses. According to our analysis of all the public data, 1, Lexington Road, Lincoln is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in LN2.
1, Lexington Road, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 May 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 1, Lexington Road, Lincoln is Lincoln station which is 3.6 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, Lexington Road, Lincoln, 74.0% of property is privately owned outright and 18.9% 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, Lexington Road, Lincoln, 12.0% of residents are recorded as possessing school level qualifications and 49.4% 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 1, Lexington Road, Lincoln, the average age was 46.5 and the most common age was 72.
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, Lexington Road, Lincoln, 0.0% 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, Lexington Road, Lincoln, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.