According to the public record, 38, Ploughmans Lane, Lincoln is a modern freehold house and with 1,237 ft2 of internal area and sits on a 246 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ploughmans Lane, Lincoln, LN2 is located in the borough of Lincoln within the LN2 postal district.
38, Ploughmans Lane, Lincoln has a single entry in the Land Registry database from June 2013 and a single entry in the EPC database dated June 2013.
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 38 Ploughmans Lane Lincoln as £294,481 and the rental value as £1,143 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 38 Ploughmans Lane Lincoln has increased by £4,800 (1.6%) and its rental value has increased by £28 per month (2.5%).
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 38, Ploughmans Lane, Lincoln is in very good condition we estimate a sale value of £309,205 and rental value of £1,200 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,867 and a rental value of £1,063 per month.
If you were able to purchase this property for the estimated value of £294,481, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,447 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, 38, Ploughmans Lane, Lincoln sits on a plot of 246m2.
We have plot size data on 25 out of 27 other houses in the postcode and 38, Ploughmans Lane, Lincoln sits on the 15th largest plot.
According to HM Land Registry, 38, Ploughmans Lane, Lincoln was last sold on 27 Jun 2013 for £214,999 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2013, the market for similar properties has risen 57.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Ploughmans Lane, Lincoln within a radius of 84m over the last 2 years.
The most recent example is 18, Ploughmans Court, Lincoln, LN2 4FP, a Freehold house which sold for £335,000 in Nov 2023.
Read more about house prices in LN2.
Ploughmans Lane, Lincoln, LN2 has a total of 27 addresses. According to our analysis of all the public data, 38, Ploughmans Lane, Lincoln is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £49k more expensive than the average property in LN2.
38, Ploughmans Lane, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jun 2013.
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 38, Ploughmans Lane, Lincoln is Lincoln station which is 3.5 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 38, Ploughmans Lane, Lincoln, 46.9% of property is privately owned with a mortgage and 42.3% 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 38, Ploughmans Lane, Lincoln, 18.4% of residents are recorded as possessing school level qualifications and 33.3% 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 38, Ploughmans Lane, Lincoln, the average age was 40.7 and the most common age was 32.
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 38, Ploughmans Lane, Lincoln, 0.0% 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 38, Ploughmans Lane, Lincoln, there are an average of 1.3 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.