According to the public record, 25, Cherry Tree Lane, Lincoln is a mid-century freehold house and with 1,442 ft2 of internal area and sits on a 1,057 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cherry Tree Lane, Nettleham, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
25, Cherry Tree Lane, Lincoln has 21 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated April 2023.
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 25 Cherry Tree Lane Lincoln as £449,497 and the rental value as £1,349 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 25 Cherry Tree Lane Lincoln has increased by £7,090 (1.6%) and its rental value has increased by £29 per month (2.1%).
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 25, Cherry Tree Lane, Lincoln is in very good condition we estimate a sale value of £471,972 and rental value of £1,417 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £418,032 and a rental value of £1,255 per month.
If you were able to purchase this property for the estimated value of £449,497, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,209 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, 25, Cherry Tree Lane, Lincoln sits on a plot of 1057m2.
We have plot size data on 22 out of 28 other houses in the postcode and 25, Cherry Tree Lane, Lincoln sits on the 4th largest plot.
According to HM Land Registry, 25, Cherry Tree Lane, Lincoln was last sold on 21 May 2024 for £525,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Cherry Tree Lane, Lincoln within a radius of 251m over the last 2 years.
The most recent example is 20, Greetwell Lane, Lincoln, LN2 2PN, a Freehold house which sold for £465,000 in Oct 2022.
Read more about house prices in LN2.
Cherry Tree Lane, Nettleham, Lincoln, LN2 has a total of 28 addresses. According to our analysis of all the public data, 25, Cherry Tree Lane, Lincoln is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £205k more expensive than the average property in LN2.
25, Cherry Tree Lane, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Apr 2023.
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 25, Cherry Tree Lane, Lincoln is Lincoln station which is 4.9 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 25, Cherry Tree Lane, Lincoln, 58.0% of property is privately owned outright and 35.1% 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 25, Cherry Tree Lane, Lincoln, 14.1% of residents are recorded as possessing school level qualifications and 49.2% 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 25, Cherry Tree Lane, Lincoln, the average age was 46.5 and the most common age was 72.
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 25, Cherry Tree Lane, Lincoln, 0.3% 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 25, Cherry Tree 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.