According to the public record, 23, Vicarage Lane, Lincoln is a period freehold house and with 818 ft2 of internal area and sits on a 159 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Vicarage Lane, Welton, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
23, Vicarage Lane, Lincoln has a single entry in the Land Registry database from April 2009 and 3 entries in the EPC database, most recently in March 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 23 Vicarage Lane Lincoln as £310,230 and the rental value as £1,031 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 23 Vicarage Lane Lincoln has increased by £8,590 (2.8%) and its rental value has increased by £33 per month (3.2%).
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 23, Vicarage Lane, Lincoln is in very good condition we estimate a sale value of £325,742 and rental value of £1,082 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £288,514 and a rental value of £959 per month.
If you were able to purchase this property for the estimated value of £310,230, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,525 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, Vicarage Lane, Lincoln sits on a plot of 159m2.
We have plot size data on 17 out of 18 other houses in the postcode and 23, Vicarage Lane, Lincoln sits on the 10th largest plot.
According to HM Land Registry, 23, Vicarage Lane, Lincoln was last sold on 04 Apr 2009 for £240,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2009, the market for similar properties has risen 75.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Vicarage Lane, Lincoln within a radius of 164m over the last 2 years.
The most recent example is 13, Beckhall, Lincoln, LN2 3LJ, a Freehold house which sold for £326,000 in Jan 2024.
Read more about house prices in LN2.
Vicarage Lane, Welton, Lincoln, LN2 has a total of 18 addresses. According to our analysis of all the public data, 23, Vicarage Lane, Lincoln is the 10th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in LN2.
23, Vicarage Lane, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Mar 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 23, Vicarage Lane, Lincoln is Lincoln station which is 9.5 km 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, Vicarage Lane, Lincoln, 34.5% of property is socially rented and 27.4% 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, Vicarage Lane, Lincoln, 12.1% of residents are recorded as possessing school level qualifications and 29.7% 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, Vicarage 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 23, Vicarage Lane, Lincoln, 1.5% 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, Vicarage Lane, 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.