According to the public record, 28, Kings Way, Lincoln is a modern freehold house and with 1,210 ft2 of internal area and sits on a 374 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Kings Way, Welton, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
28, Kings Way, Lincoln has 21 entries in the Land Registry database, most recently in June 2012 and a single entry in the EPC database dated March 2011.
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 28 Kings Way Lincoln as £325,120 and the rental value as £1,119 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 28 Kings Way Lincoln has increased by £4,788 (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 28, Kings Way, Lincoln is in very good condition we estimate a sale value of £341,376 and rental value of £1,175 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,362 and a rental value of £1,041 per month.
If you were able to purchase this property for the estimated value of £325,120, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,598 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, 28, Kings Way, Lincoln sits on a plot of 374m2.
We have plot size data on 17 out of 32 other houses in the postcode and 28, Kings Way, Lincoln sits on the 9th largest plot.
According to HM Land Registry, 28, Kings Way, Lincoln was last sold on 29 Jun 2012 for £230,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2012, the market for similar properties has risen 63.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Kings Way, Lincoln within a radius of 104m over the last 2 years.
The most recent example is 23, Kings Way, Lincoln, LN2 3FQ, a Freehold house which sold for £350,000 in Apr 2022.
Read more about house prices in LN2.
Kings Way, Welton, Lincoln, LN2 has a total of 32 addresses. According to our analysis of all the public data, 28, Kings Way, Lincoln is the 27th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in LN2.
28, Kings Way, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Mar 2011.
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 28, Kings Way, Lincoln is Lincoln station which is 9.7 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 28, Kings Way, Lincoln, 79.8% of property is privately owned outright and 8.4% is socially rented.
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 28, Kings Way, Lincoln, 6.6% of residents are recorded as possessing school level qualifications and 16.7% 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 28, Kings Way, 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 28, Kings Way, Lincoln, 1.3% 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 28, Kings Way, 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.