According to the public record, 27, Chapel Lane, Lincoln is a mid-century house with 1,237 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Chapel Lane, Welton, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
27, Chapel Lane, Lincoln has no records in the Land Registry database and a single entry in the EPC database dated May 2021.
We combine this information with public data 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 27 Chapel Lane Lincoln as £355,981 and the rental value as £1,113 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 27 Chapel Lane Lincoln has increased by £5,242 (1.5%) and its rental value has increased by £22 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 27, Chapel Lane, Lincoln is in very good condition we estimate a sale value of £373,780 and rental value of £1,169 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,062 and a rental value of £1,035 per month.
If you were able to purchase this property for the estimated value of £355,981, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,750 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Chapel Lane, Lincoln within a radius of 252m over the last 2 years.
The most recent example is 17, Heath Close, Lincoln, LN2 3JY, a Freehold house which sold for £325,000 in Oct 2022.
Read more about house prices in LN2.
Chapel Lane, Welton, Lincoln, LN2 has a total of 19 addresses. According to our analysis of all the public data, 27, Chapel Lane, Lincoln is the 3rd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £111k more expensive than the average property in LN2.
27, Chapel Lane, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 May 2021.
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 27, Chapel 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 27, Chapel 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 27, Chapel 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 27, Chapel 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 27, Chapel 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 27, Chapel 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.