According to the public record, 1, Midway Close, Lincoln is a mid-century freehold house and with 796 ft2 of internal area and sits on a 444 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Midway Close, Nettleham, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
1, Midway Close, Lincoln has 31 entries in the Land Registry database, most recently in September 2014 and a single entry in the EPC database dated June 2014.
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 Midway Close Lincoln as £225,317 and the rental value as £953 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 1 Midway Close Lincoln has increased by £4,177 (1.9%) and its rental value has increased by £23 per month (2.4%).
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, Midway Close, Lincoln is in very good condition we estimate a sale value of £236,583 and rental value of £1,001 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,545 and a rental value of £886 per month.
If you were able to purchase this property for the estimated value of £225,317, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,107 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, Midway Close, Lincoln sits on a plot of 444m2.
We have plot size data on 4 out of 7 other houses in the postcode and 1, Midway Close, Lincoln sits on the largest plot.
According to HM Land Registry, 1, Midway Close, Lincoln was last sold on 22 Sep 2014 for £183,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2014, the market for similar properties has risen 47.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Midway Close, Lincoln within a radius of 110m over the last 2 years.
The most recent example is 39, Willowfield Avenue, Lincoln, LN2 2TH, a Freehold house which sold for £187,000 in Jan 2024.
Read more about house prices in LN2.
Midway Close, Nettleham, Lincoln, LN2 has a total of 7 addresses. According to our analysis of all the public data, 1, Midway Close, Lincoln is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £20k less expensive than the average property in LN2.
1, Midway Close, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Jun 2014.
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, Midway Close, Lincoln is Lincoln station which is 5.9 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, Midway Close, Lincoln, 68.8% of property is privately owned outright and 22.4% 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, Midway Close, Lincoln, 7.7% of residents are recorded as possessing school level qualifications and 36.1% 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, Midway Close, 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, Midway Close, Lincoln, 0.8% 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, Midway Close, Lincoln, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.