According to the public record, 55, Elder Close, Lincoln is a modern freehold house and with 850 ft2 of internal area and sits on a 151 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Elder Close, Witham St. Hughs, Lincoln, LN6 is located in the borough of North Kesteven within the LN6 postal district.
55, Elder Close, Lincoln has a single entry in the Land Registry database from June 2007 and a single entry in the EPC database dated August 2014.
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 55 Elder Close Lincoln as £216,336 and the rental value as £921 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 55 Elder Close Lincoln has increased by £6,775 (3.1%) and its rental value has increased by £33 per month (3.6%).
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 55, Elder Close, Lincoln is in very good condition we estimate a sale value of £227,153 and rental value of £967 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,192 and a rental value of £856 per month.
If you were able to purchase this property for the estimated value of £216,336, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,063 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, 55, Elder Close, Lincoln sits on a plot of 151m2.
We have plot size data on 60 out of 67 other houses in the postcode and 55, Elder Close, Lincoln sits on the 51st largest plot.
According to HM Land Registry, 55, Elder Close, Lincoln was last sold on 29 Jun 2007 for £138,595 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2007, the market for similar properties has risen 51.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Elder Close, Lincoln within a radius of 95m over the last 2 years.
The most recent example is 1, Fox Hollow, Lincoln, LN6 9GY, a Freehold house which sold for £230,000 in Mar 2023.
Read more about house prices in LN6.
Elder Close, Witham St. Hughs, Lincoln, LN6 has a total of 68 addresses. According to our analysis of all the public data, 55, Elder Close, Lincoln is the 51st largest and the 49th most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in LN6.
55, Elder Close, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Aug 2014.
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 55, Elder Close, Lincoln is Swinderby 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 55, Elder Close, Lincoln, 56.8% of property is privately owned with a mortgage and 31.2% is privately 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 55, Elder Close, Lincoln, 29.9% of residents are recorded as possessing school level qualifications and 44.4% 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 55, Elder Close, Lincoln, the average age was 42.1 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 55, Elder Close, 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 55, Elder Close, Lincoln, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.