According to the public record, 36, Friars Lane, Lincoln is a modern house with 882 ft2 of internal area and sits on a 61.7 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Friars Lane, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
36, Friars Lane, Lincoln has no recent1 records in the Land Registry database and 2 entries in the EPC database, most recently in October 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 36 Friars Lane Lincoln as £206,757 and the rental value as £926 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 36 Friars Lane Lincoln has increased by £11,134 (5.4%) and its rental value has increased by £57 per month (6.1%).
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 36, Friars Lane, Lincoln is in very good condition we estimate a sale value of £217,095 and rental value of £972 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,284 and a rental value of £861 per month.
If you were able to purchase this property for the estimated value of £206,757, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,016 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, 36, Friars Lane, Lincoln sits on a plot of 62m2.
We have plot size data on 9 out of 14 other houses in the postcode and 36, Friars Lane, Lincoln sits on the 8th largest plot.
According to HM Land Registry, 36, Friars Lane, Lincoln was last sold on 09 Oct 2001 for £68,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, Friars Lane, Lincoln within a radius of 11m over the last 2 years.
The most recent example is 38, Friars Lane, Lincoln, LN2 5AL, a Freehold house which sold for £209,950 in May 2022.
Read more about house prices in LN2.
Friars Lane, Lincoln, LN2 has a total of 26 addresses. According to our analysis of all the public data, 36, Friars Lane, Lincoln is the 9th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £38k less expensive than the average property in LN2.
36, Friars Lane, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Oct 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 36, Friars Lane, Lincoln is Lincoln station which is 600 m 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 36, Friars Lane, Lincoln, 69.7% of property is privately rented and 20.2% 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 36, Friars Lane, Lincoln, 54.1% of residents are recorded as possessing school level qualifications and 25.4% 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 36, Friars Lane, Lincoln, the average age was 34.1 and the most common age was 22.
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 36, Friars 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 36, Friars Lane, Lincoln, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.