According to the public record, 3, Turnpike Road, Lincoln is a modern freehold house and with 1,323 ft2 of internal area and sits on a 270 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Turnpike Road, Welton, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
3, Turnpike Road, Lincoln has a single entry in the Land Registry database from September 2018 and a single entry in the EPC database dated September 2018.
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 3 Turnpike Road Lincoln as £397,788 and the rental value as £1,223 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 3 Turnpike Road Lincoln has increased by £5,858 (1.5%) and its rental value has increased by £24 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 3, Turnpike Road, Lincoln is in very good condition we estimate a sale value of £417,677 and rental value of £1,284 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £369,943 and a rental value of £1,137 per month.
If you were able to purchase this property for the estimated value of £397,788, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,955 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, 3, Turnpike Road, Lincoln sits on a plot of 270m2.
We have plot size data on 8 out of 8 other houses in the postcode and 3, Turnpike Road, Lincoln sits on the 7th largest plot.
According to HM Land Registry, 3, Turnpike Road, Lincoln was last sold on 28 Sep 2018 for £304,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2018, the market for similar properties has risen 22.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Turnpike Road, Lincoln within a radius of 56m over the last 2 years.
The most recent example is 8, Turnpike Road, Lincoln, LN2 3RL, a Freehold house which sold for £475,000 in Aug 2022.
Read more about house prices in LN2.
Turnpike Road, Welton, Lincoln, LN2 has a total of 8 addresses. According to our analysis of all the public data, 3, Turnpike Road, Lincoln is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £153k more expensive than the average property in LN2.
3, Turnpike Road, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Sep 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 3, Turnpike Road, Lincoln is Lincoln station which is 9.4 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 3, Turnpike Road, Lincoln, 52.7% of property is privately owned outright and 35.7% 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 3, Turnpike Road, Lincoln, 18.7% of residents are recorded as possessing school level qualifications and 45.0% 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 3, Turnpike Road, 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 3, Turnpike Road, Lincoln, 0.6% 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 3, Turnpike Road, 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.