According to the public record, 4, Blacksmiths Lane, Lincoln is a mid-century freehold house and with 992 ft2 of internal area and sits on a 586 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Blacksmiths Lane, Harmston, Lincoln, LN5 is located in the borough of North Kesteven within the LN5 postal district.
4, Blacksmiths Lane, Lincoln has 31 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated November 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 4 Blacksmiths Lane Lincoln as £272,717 and the rental value as £878 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 4 Blacksmiths Lane Lincoln has increased by £6,515 (2.4%) and its rental value has increased by £20 per month (2.3%).
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 4, Blacksmiths Lane, Lincoln is in very good condition we estimate a sale value of £286,353 and rental value of £922 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,627 and a rental value of £816 per month.
If you were able to purchase this property for the estimated value of £272,717, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,340 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, 4, Blacksmiths Lane, Lincoln sits on a plot of 586m2.
We have plot size data on 10 out of 23 other houses in the postcode and 4, Blacksmiths Lane, Lincoln sits on the 6th largest plot.
According to HM Land Registry, 4, Blacksmiths Lane, Lincoln was last sold on 13 Apr 2022 for £262,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2022, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Blacksmiths Lane, Lincoln within a radius of 136m over the last 2 years.
The most recent example is 6, Blacksmiths Lane, Lincoln, LN5 9SW, a Freehold house which sold for £215,000 in Mar 2021.
Read more about house prices in LN5.
Blacksmiths Lane, Harmston, Lincoln, LN5 has a total of 25 addresses. According to our analysis of all the public data, 4, Blacksmiths Lane, Lincoln is the 15th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in LN5.
4, Blacksmiths Lane, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Nov 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 4, Blacksmiths Lane, Lincoln is Hykeham station which is 5.9 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 4, Blacksmiths Lane, Lincoln, 44.4% of property is privately owned outright and 33.3% 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 4, Blacksmiths Lane, Lincoln, 18.4% of residents are recorded as possessing school level qualifications and 38.7% 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 4, Blacksmiths Lane, Lincoln, the average age was 48.4 and the most common age was 57.
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 4, Blacksmiths Lane, Lincoln, 2.1% 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 4, Blacksmiths Lane, Lincoln, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.