According to the public record, 34, The Spinneys, Lincoln is a modern freehold house and with 667 ft2 of internal area and sits on a 188 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Spinneys, Welton, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
34, The Spinneys, Lincoln has 51 entries in the Land Registry database, most recently in December 2020 and 2 entries in the EPC database, most recently in June 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 34 The Spinneys Lincoln as £193,032 and the rental value as £864 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 34 The Spinneys Lincoln has increased by £5,345 (2.8%) and its rental value has increased by £28 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 34, The Spinneys, Lincoln is in very good condition we estimate a sale value of £202,683 and rental value of £907 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,519 and a rental value of £804 per month.
If you were able to purchase this property for the estimated value of £193,032, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £949 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, 34, The Spinneys, Lincoln sits on a plot of 188m2.
We have plot size data on 28 out of 43 other houses in the postcode and 34, The Spinneys, Lincoln sits on the 9th largest plot.
According to HM Land Registry, 34, The Spinneys, Lincoln was last sold on 04 Dec 2020 for £155,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Dec 2020, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, The Spinneys, Lincoln within a radius of 42m over the last 2 years.
The most recent example is 5, Bramble Close, Lincoln, LN2 3TX, a Freehold house which sold for £185,000 in May 2024.
Read more about house prices in LN2.
The Spinneys, Welton, Lincoln, LN2 has a total of 43 addresses. According to our analysis of all the public data, 34, The Spinneys, Lincoln is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in LN2.
34, The Spinneys, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jun 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 34, The Spinneys, Lincoln is Lincoln station which is 10.2 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 34, The Spinneys, Lincoln, 37.3% of property is privately owned outright and 30.2% 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 34, The Spinneys, Lincoln, 19.7% of residents are recorded as possessing school level qualifications and 29.9% 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 34, The Spinneys, 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 34, The Spinneys, Lincoln, 0.4% 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 34, The Spinneys, Lincoln, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.