According to the public record, 2, Mill Row, Lincoln is a mid-century freehold house with 796 ft2 of internal area and sits on a 164 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Row, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
2, Mill Row, Lincoln has a single entry in the Land Registry database from May 2021 and a single entry in the EPC database dated November 2020.
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 2 Mill Row Lincoln as £173,504 and the rental value as £838 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 2 Mill Row Lincoln has increased by £5,966 (3.4%) and its rental value has increased by £36 per month (4.2%).
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 2, Mill Row, Lincoln is in very good condition we estimate a sale value of £182,179 and rental value of £879 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £161,359 and a rental value of £779 per month.
If you were able to purchase this property for the estimated value of £173,504, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £853 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, Mill Row, Lincoln sits on a plot of 164m2.
We have plot size data on 5 out of 6 other houses in the postcode and 2, Mill Row, Lincoln sits on the 5th largest plot.
According to HM Land Registry, 2, Mill Row, Lincoln was last sold on 27 May 2021 for £165,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mill Row, Lincoln within a radius of 470 metres over the last 2 years.
The most recent example is 9, Carlton Street, Lincoln, LN1 3HX, a Freehold house which sold for £163,000 in Jan 2024.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Row, Lincoln, LN1 has a total of 29 addresses. According to our analysis of all the public data, 2, Mill Row, Lincoln is the 7th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in LN1.
2, Mill Row, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Nov 2020.
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, Mill Row, Lincoln is Lincoln station which is 1.7 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, Mill Row, Lincoln, 34.1% of property is privately owned outright and 29.4% 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 2, Mill Row, Lincoln, 25.9% of residents are recorded as possessing school level qualifications and 37.5% 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, Mill Row, 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 2, Mill Row, 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, Mill Row, Lincoln, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.