According to the public record, 4, Parker Way, Lincoln is a modern freehold house and with 1,302 ft2 of internal area and sits on a 310 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Parker Way, Nettleham, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
4, Parker Way, Lincoln has a single entry in the Land Registry database from December 2019 and a single entry in the EPC database dated September 2019.
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 good condition, we estimate the current sale value for 4 Parker Way Lincoln as £362,742 and the rental value as £1,153 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of 4 Parker Way Lincoln has increased by £5,745 (1.6%) and its rental value has increased by £26 per month (2.2%).
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 4, Parker Way, Lincoln is in very good condition we estimate a sale value of £380,879 and rental value of £1,211 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £337,350 and a rental value of £1,073 per month.
If you were able to purchase this property for the estimated value of £362,742, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,783 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, Parker Way, Lincoln sits on a plot of 310m2.
We have plot size data on 11 out of 11 other houses in the postcode and 4, Parker Way, Lincoln sits on the 7th largest plot.
According to HM Land Registry, 4, Parker Way, Lincoln was last sold on 06 Dec 2019 for £325,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2019, the market for similar properties has risen 19.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Parker Way, Lincoln within a radius of 49m over the last 2 years.
The most recent example is 28, Baker Drive, Lincoln, LN2 2FR, a Freehold house which sold for £329,995 in Jun 2020.
Read more about house prices in LN2.
Parker Way, Nettleham, Lincoln, LN2 has a total of 11 addresses. According to our analysis of all the public data, 4, Parker Way, Lincoln is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £118k more expensive than the average property in LN2.
4, Parker Way, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Sep 2019.
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 4, Parker Way, Lincoln is Lincoln station which is 5.7 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, Parker Way, Lincoln, 42.7% of property is privately owned outright and 32.2% 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 4, Parker Way, Lincoln, 14.9% of residents are recorded as possessing school level qualifications and 39.6% 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, Parker Way, Lincoln, the average age was 46.5 and the most common age was 72.
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, Parker Way, Lincoln, 0.5% 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, Parker Way, 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.