According to the public record, 23, Foss Bank, Lincoln is a period freehold house with 710 ft2 of internal area and sits on a 98.8 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Foss Bank, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
23, Foss Bank, Lincoln has a single entry in the Land Registry database from April 2021 and a single entry in the EPC database dated August 2017.
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 23 Foss Bank Lincoln as £164,601 and the rental value as £802 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 23 Foss Bank Lincoln has increased by £6,190 (3.8%) and its rental value has increased by £36 per month (4.5%).
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 23, Foss Bank, Lincoln is in very good condition we estimate a sale value of £172,831 and rental value of £842 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,079 and a rental value of £746 per month.
If you were able to purchase this property for the estimated value of £164,601, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £809 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, 23, Foss Bank, Lincoln sits on a plot of 99m2.
We have plot size data on 7 out of 9 other houses in the postcode and 23, Foss Bank, Lincoln sits on the 5th largest plot.
According to HM Land Registry, 23, Foss Bank, Lincoln was last sold on 16 Apr 2021 for £155,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2021, the market for similar properties has risen 12.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Foss Bank, Lincoln within a radius of 370 metres over the last 2 years.
The most recent example is 22, Foss Bank, Lincoln, LN1 1SZ, a Freehold house which sold for £145,000 in Sep 2023.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Foss Bank, Lincoln, LN1 has a total of 37 addresses. According to our analysis of all the public data, 23, Foss Bank, Lincoln is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in LN1.
23, Foss Bank, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Aug 2017.
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 23, Foss Bank, Lincoln is Lincoln station which is 1.0 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 23, Foss Bank, Lincoln, 70.1% of property is privately rented and 10.3% is privately owned outright.
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 23, Foss Bank, Lincoln, 67.7% of residents are recorded as possessing school level qualifications and 18.7% 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 23, Foss Bank, Lincoln, the average age was 28.8 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 23, Foss Bank, 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 23, Foss Bank, Lincoln, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.