According to the public record, 2, Pond Close, Lincoln is a modern freehold house with 1,409 ft2 of internal area and sits on a 421 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Pond Close, Welton, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
2, Pond Close, Lincoln has 41 entries in the Land Registry database, most recently in July 2011 and a single entry in the EPC database dated June 2010.
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 Pond Close Lincoln as £404,383 and the rental value as £1,222 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 2 Pond Close Lincoln has increased by £6,050 (1.5%) and its rental value has increased by £24 per month (1.9%).
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, Pond Close, Lincoln is in very good condition we estimate a sale value of £424,602 and rental value of £1,283 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,076 and a rental value of £1,136 per month.
If you were able to purchase this property for the estimated value of £404,383, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,987 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, Pond Close, Lincoln sits on a plot of 421m2.
We have plot size data on 5 out of 9 other houses in the postcode and 2, Pond Close, Lincoln sits on the 5th largest plot.
According to HM Land Registry, 2, Pond Close, Lincoln was last sold on 01 Jul 2011 for £249,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jul 2011, the market for similar properties has risen 64.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Pond Close, Lincoln within a radius of 880 metres over the last 2 years.
The most recent example is 28, Beckhall, Lincoln, LN2 3LJ, a Freehold house which sold for £395,000 in Sep 2021.
Read more about house prices in LN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pond Close, Welton, Lincoln, LN2 has a total of 9 addresses. According to our analysis of all the public data, 2, Pond Close, Lincoln is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £159k more expensive than the average property in LN2.
2, Pond Close, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jun 2010.
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, Pond Close, Lincoln is Lincoln station which is 9.3 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 2, Pond Close, Lincoln, 50.4% of property is privately owned outright and 43.4% 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, Pond Close, Lincoln, 18.9% of residents are recorded as possessing school level qualifications and 48.0% 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, Pond 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 2, Pond 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 2, Pond Close, Lincoln, there are an average of 1.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.