According to the public record, 22, Sudbeck Lane, Lincoln is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,985 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Sudbeck Lane, Welton, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
22, Sudbeck Lane, Lincoln has 31 entries in the Land Registry database, most recently in December 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 22 Sudbeck Lane Lincoln as £545,683 and the rental value as £1,675 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 22 Sudbeck Lane Lincoln has increased by £9,969 (1.8%) and its rental value has increased by £38 per month (2.3%).
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 22, Sudbeck Lane, Lincoln is in very good condition we estimate a sale value of £572,967 and rental value of £1,758 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £507,485 and a rental value of £1,557 per month.
If you were able to purchase this property for the estimated value of £545,683, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,682 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 HM Land Registry, 22, Sudbeck Lane, Lincoln was last sold on 18 Dec 2008 for £450,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2008, the market for similar properties has risen 77.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Sudbeck Lane, Lincoln within a radius of 810 metres over the last 2 years.
The most recent example is Beatrice House, Vicarage Lane, Lincoln, LN2 3JG, a Freehold house which sold for £775,000 in Sep 2021.
Read more about house prices in LN2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sudbeck Lane, Welton, Lincoln, LN2 has a total of 29 addresses. According to our analysis of all the public data, 22, Sudbeck Lane, Lincoln is the 17th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £301k more expensive than the average property in LN2.
The closest station to 22, Sudbeck Lane, Lincoln is Lincoln station which is 9.5 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 22, Sudbeck Lane, Lincoln, 52.7% of property is privately owned outright and 35.7% 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 22, Sudbeck Lane, Lincoln, 18.7% of residents are recorded as possessing school level qualifications and 45.0% 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 22, Sudbeck Lane, 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 22, Sudbeck Lane, Lincoln, 0.6% 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 22, Sudbeck Lane, 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.