According to the public record, 55, Scothern Road, Lincoln is a mid-century freehold house and with 1,190 ft2 of internal area and sits on a 480 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Scothern Road, Nettleham, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
55, Scothern Road, Lincoln has 2 entries in the Land Registry database, most recently in December 2010 and a single entry in the EPC database dated September 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 55 Scothern Road Lincoln as £288,294 and the rental value as £1,098 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 55 Scothern Road Lincoln has increased by £4,229 (1.5%) and its rental value has increased by £24 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 55, Scothern Road, Lincoln is in very good condition we estimate a sale value of £302,709 and rental value of £1,153 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,113 and a rental value of £1,021 per month.
If you were able to purchase this property for the estimated value of £288,294, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,417 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, Scothern Road, Lincoln sits on a plot of 480m2.
We have plot size data on 12 out of 17 other houses in the postcode and 55, Scothern Road, Lincoln sits on the 6th largest plot.
According to HM Land Registry, 55, Scothern Road, Lincoln was last sold on 21 Dec 2010 for £168,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2010, the market for similar properties has risen 66.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Scothern Road, Lincoln within a radius of 449m over the last 2 years.
The most recent example is 11, Herrington Avenue, Lincoln, LN2 2XU, a Freehold house which sold for £255,000 in Aug 2020.
Read more about house prices in LN2.
Scothern Road, Nettleham, Lincoln, LN2 has a total of 56 addresses. According to our analysis of all the public data, 55, Scothern Road, Lincoln is the 14th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in LN2.
55, Scothern Road, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Sep 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 55, Scothern Road, Lincoln is Lincoln station which is 6.3 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, Scothern Road, Lincoln, 74.0% of property is privately owned outright and 18.9% 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 55, Scothern Road, Lincoln, 12.0% of residents are recorded as possessing school level qualifications and 49.4% 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, Scothern Road, 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 55, Scothern Road, 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, Scothern Road, 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.