According to the public record, 2, Cherry Holt, Lincoln is a modern house with 678 ft2 of internal area and sits on a 413 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cherry Holt, Cherry Willingham, Lincoln, LN3 is located in the borough of West Lindsey within the LN3 postal district.
2, Cherry Holt, Lincoln has no recent1 records in the Land Registry database and a single entry in the EPC database dated February 2022.
We combine this information with public data 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 2 Cherry Holt Lincoln as £237,282 and the rental value as £829 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 2 Cherry Holt Lincoln has increased by £7,703 (3.2%) and its rental value has increased by £23 per month (2.7%).
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 2, Cherry Holt, Lincoln is in very good condition we estimate a sale value of £249,146 and rental value of £871 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,672 and a rental value of £771 per month.
If you were able to purchase this property for the estimated value of £237,282, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,166 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, 2, Cherry Holt, Lincoln sits on a plot of 413m2.
We have plot size data on 3 out of 4 other houses in the postcode and 2, Cherry Holt, Lincoln sits on the 3rd largest plot.
According to HM Land Registry, 2, Cherry Holt, Lincoln was last sold on 23 Sep 2002 for £96,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cherry Holt, Lincoln within a radius of 1.5 kilometres over the last 2 years.
The most recent example is 11, Jessop Close, Lincoln, LN3 4PP, a Freehold house which sold for £240,000 in Sep 2023.
Read more about house prices in LN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cherry Holt, Cherry Willingham, Lincoln, LN3 has a total of 4 addresses. According to our analysis of all the public data, 2, Cherry Holt, Lincoln is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in LN3.
2, Cherry Holt, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 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 2, Cherry Holt, Lincoln is Lincoln station which is 5.9 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 2, Cherry Holt, Lincoln, 56.9% of property is privately owned outright and 33.9% 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 2, Cherry Holt, Lincoln, 12.6% of residents are recorded as possessing school level qualifications and 34.7% 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 2, Cherry Holt, Lincoln, the average age was 45.5 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 2, Cherry Holt, 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 2, Cherry Holt, 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.