According to the public record, 8, Old Pond Close, Lincoln is a mid-century freehold house and with 828 ft2 of internal area and sits on a 421 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Old Pond Close, Lincoln, LN6 is located in the borough of Lincoln within the LN6 postal district.
8, Old Pond Close, Lincoln has 21 entries in the Land Registry database, most recently in April 2017 and a single entry in the EPC database dated February 2017.
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 8 Old Pond Close Lincoln as £229,906 and the rental value as £930 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 8 Old Pond Close Lincoln has increased by £7,473 (3.3%) and its rental value has increased by £29 per month (3.1%).
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 8, Old Pond Close, Lincoln is in very good condition we estimate a sale value of £241,402 and rental value of £976 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,813 and a rental value of £865 per month.
If you were able to purchase this property for the estimated value of £229,906, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,130 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, 8, Old Pond Close, Lincoln sits on a plot of 421m2.
We have plot size data on 17 out of 38 other houses in the postcode and 8, Old Pond Close, Lincoln sits on the 9th largest plot.
According to HM Land Registry, 8, Old Pond Close, Lincoln was last sold on 13 Apr 2017 for £165,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2017, the market for similar properties has risen 32.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Old Pond Close, Lincoln within a radius of 138m over the last 2 years.
The most recent example is 25, Old Pond Close, Lincoln, LN6 0LD, a Freehold house which sold for £245,000 in Apr 2023.
Read more about house prices in LN6.
Old Pond Close, Lincoln, LN6 has a total of 38 addresses. According to our analysis of all the public data, 8, Old Pond Close, Lincoln is the 18th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in LN6.
8, Old Pond Close, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Feb 2017.
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 8, Old Pond Close, Lincoln is Hykeham station which is 2.6 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 8, Old Pond Close, Lincoln, 60.1% of property is privately owned outright and 22.4% 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 8, Old Pond Close, Lincoln, 11.6% of residents are recorded as possessing school level qualifications and 24.6% 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 8, Old Pond Close, Lincoln, the average age was 44.7 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 8, Old Pond Close, Lincoln, 1.4% 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 8, Old Pond Close, Lincoln, there are an average of 1.1 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.