According to the public record, 1, Orchard Way, Lincoln is a mid-century freehold house and with 721 ft2 of internal area and sits on a 316 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Orchard Way, Nettleham, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
1, Orchard Way, Lincoln has 3 entries in the Land Registry database, most recently in April 2021 and a single entry in the EPC database dated September 2019.
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 Orchard Way Lincoln as £260,452 and the rental value as £885 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 1 Orchard Way Lincoln has increased by £4,828 (1.9%) and its rental value has increased by £21 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, Orchard Way, Lincoln is in very good condition we estimate a sale value of £273,475 and rental value of £929 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,220 and a rental value of £823 per month.
If you were able to purchase this property for the estimated value of £260,452, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,280 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, Orchard Way, Lincoln sits on a plot of 316m2.
We have plot size data on 16 out of 27 other houses in the postcode and 1, Orchard Way, Lincoln sits on the 15th largest plot.
According to HM Land Registry, 1, Orchard Way, Lincoln was last sold on 26 Apr 2021 for £234,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2021, the market for similar properties has risen 10.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Orchard Way, Lincoln within a radius of 115m over the last 2 years.
The most recent example is 26, Orchard Way, Lincoln, LN2 2SR, a Freehold house which sold for £282,000 in Jan 2023.
Read more about house prices in LN2.
Orchard Way, Nettleham, Lincoln, LN2 has a total of 27 addresses. According to our analysis of all the public data, 1, Orchard Way, Lincoln is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in LN2.
1, Orchard Way, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Sep 2019.
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, Orchard Way, 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, Orchard Way, 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, Orchard Way, 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, Orchard Way, 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, Orchard Way, 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, Orchard Way, 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.