According to the public record, 12, Halfpenny Close, Lincoln is a modern freehold house with 635 ft2 of internal area and sits on a 147 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Halfpenny Close, Welton, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
12, Halfpenny Close, Lincoln has a single entry in the Land Registry database from February 2010 and a single entry in the EPC database dated November 2022.
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 12 Halfpenny Close Lincoln as £207,646 and the rental value as £829 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 12 Halfpenny Close Lincoln has increased by £5,390 (2.6%) and its rental value has increased by £25 per month (3.0%).
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 12, Halfpenny Close, Lincoln is in very good condition we estimate a sale value of £218,028 and rental value of £870 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £193,110 and a rental value of £771 per month.
If you were able to purchase this property for the estimated value of £207,646, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,021 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, 12, Halfpenny Close, Lincoln sits on a plot of 147m2.
We have plot size data on 7 out of 10 other houses in the postcode and 12, Halfpenny Close, Lincoln sits on the 4th largest plot.
According to HM Land Registry, 12, Halfpenny Close, Lincoln was last sold on 26 Feb 2010 for £104,750 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2010, the market for similar properties has risen 67.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Halfpenny Close, Lincoln within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 39, Northfield Road, Lincoln, LN2 3FF, a Freehold house which sold for £148,000 in Jul 2023.
Read more about house prices in LN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Halfpenny Close, Welton, Lincoln, LN2 has a total of 10 addresses. According to our analysis of all the public data, 12, Halfpenny Close, Lincoln is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in LN2.
12, Halfpenny Close, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Nov 2022.
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 12, Halfpenny Close, Lincoln is Lincoln station which is 10.3 kilometres 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 12, Halfpenny Close, Lincoln, 45.3% of property is privately owned outright and 35.9% 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 12, Halfpenny Close, Lincoln, 18.8% of residents are recorded as possessing school level qualifications and 38.9% 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 12, Halfpenny 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 12, Halfpenny Close, 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 12, Halfpenny 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.