According to the public record, 16, Fairfield Street, Lincoln is a period freehold house and with 828 ft2 of internal area and sits on a 87.3 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Fairfield Street, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
16, Fairfield Street, Lincoln has 31 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated May 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 16 Fairfield Street Lincoln as £149,043 and the rental value as £760 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 16 Fairfield Street Lincoln has increased by £7,996 (5.4%) and its rental value has increased by £47 per month (6.2%).
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 16, Fairfield Street, Lincoln is in very good condition we estimate a sale value of £156,495 and rental value of £799 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,610 and a rental value of £707 per month.
If you were able to purchase this property for the estimated value of £149,043, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £733 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, 16, Fairfield Street, Lincoln sits on a plot of 87m2.
We have plot size data on 36 out of 43 other houses in the postcode and 16, Fairfield Street, Lincoln sits on the 22nd largest plot.
According to HM Land Registry, 16, Fairfield Street, Lincoln was last sold on 05 Mar 2021 for £132,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2021, the market for similar properties has risen 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Fairfield Street, Lincoln within a radius of 105m over the last 2 years.
The most recent example is 34, Clarina Street, Lincoln, LN2 5LZ, a Freehold house which sold for £97,500 in Dec 2023.
Read more about house prices in LN2.
Fairfield Street, Lincoln, LN2 has a total of 43 addresses. According to our analysis of all the public data, 16, Fairfield Street, Lincoln is the 21st largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in LN2.
16, Fairfield Street, Lincoln has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 May 2019.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 16, Fairfield Street, Lincoln is Lincoln station which is 1.5 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 16, Fairfield Street, Lincoln, 54.7% of property is privately rented and 25.9% 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 16, Fairfield Street, Lincoln, 17.9% of residents are recorded as possessing school level qualifications and 33.6% 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 16, Fairfield Street, Lincoln, the average age was 39.2 and the most common age was 22.
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 16, Fairfield Street, 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 16, Fairfield Street, Lincoln, there are an average of 0.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.