According to the public record, 5, Lancaster Court, Lincoln is a modern freehold house and with 1,528 ft2 of internal area and sits on a 458 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lancaster Court, Welton, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
5, Lancaster Court, Lincoln has 31 entries in the Land Registry database, most recently in July 2010 and a single entry in the EPC database dated May 2010.
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 5 Lancaster Court Lincoln as £373,045 and the rental value as £1,198 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 5 Lancaster Court Lincoln has increased by £5,581 (1.5%) and its rental value has increased by £23 per month (1.9%).
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 5, Lancaster Court, Lincoln is in very good condition we estimate a sale value of £391,697 and rental value of £1,258 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £346,932 and a rental value of £1,114 per month.
If you were able to purchase this property for the estimated value of £373,045, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,833 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, 5, Lancaster Court, Lincoln sits on a plot of 458m2.
We have plot size data on 10 out of 13 other houses in the postcode and 5, Lancaster Court, Lincoln sits on the 2nd largest plot.
According to HM Land Registry, 5, Lancaster Court, Lincoln was last sold on 16 Jul 2010 for £250,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jul 2010, the market for similar properties has risen 64.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Lancaster Court, Lincoln within a radius of 420m over the last 2 years.
The most recent example is 89, Harvey Park, Lincoln, LN2 3DZ, a Freehold house which sold for £479,995 in Nov 2022.
Read more about house prices in LN2.
Lancaster Court, Welton, Lincoln, LN2 has a total of 13 addresses. According to our analysis of all the public data, 5, Lancaster Court, Lincoln is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £128k more expensive than the average property in LN2.
5, Lancaster Court, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 May 2010.
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 5, Lancaster Court, Lincoln is Lincoln station which is 9.8 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 5, Lancaster Court, Lincoln, 52.7% of property is privately owned outright and 35.7% 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 5, Lancaster Court, Lincoln, 18.7% of residents are recorded as possessing school level qualifications and 45.0% 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 5, Lancaster Court, 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 5, Lancaster Court, Lincoln, 0.6% 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 5, Lancaster Court, Lincoln, there are an average of 1.6 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.