According to the public record, The Bungalow, Lodge Farm, Lincoln is a modern freehold house and with 2,518 ft2 of internal area and sits on a 2,588 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Lodge Lane, Nettleham, Lincoln, LN2 is located in the borough of West Lindsey within the LN2 postal district.
The Bungalow, Lodge Farm, Lincoln has a single entry in the Land Registry database from May 2007 and a single entry in the EPC database dated September 2016.
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 The Bungalow Lodge Farm Lincoln as £538,444 and the rental value as £1,652 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of The Bungalow Lodge Farm Lincoln has increased by £9,803 (1.8%) and its rental value has increased by £39 per month (2.4%).
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 The Bungalow, Lodge Farm, Lincoln is in very good condition we estimate a sale value of £565,366 and rental value of £1,735 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £500,752 and a rental value of £1,537 per month.
If you were able to purchase this property for the estimated value of £538,444, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,646 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, The Bungalow, Lodge Farm, Lincoln sits on a plot of 2588m2.
We have plot size data on 26 out of 44 other houses in the postcode and The Bungalow, Lodge Farm, Lincoln sits on the 2nd largest plot.
According to HM Land Registry, The Bungalow, Lodge Farm, Lincoln was last sold on 31 May 2007 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has risen 62.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Bungalow, Lodge Farm, Lincoln within a radius of 1.5km over the last 2 years.
The most recent example is 31, Greetwell Lane, Lincoln, LN2 2PN, a Freehold house which sold for £628,000 in Dec 2022.
Read more about house prices in LN2.
Lodge Lane, Nettleham, Lincoln, LN2 has a total of 48 addresses. According to our analysis of all the public data, The Bungalow, Lodge Farm, Lincoln is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £293k more expensive than the average property in LN2.
The Bungalow, Lodge Farm, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Sep 2016.
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 The Bungalow, Lodge Farm, Lincoln is Lincoln station which is 5.9 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 The Bungalow, Lodge Farm, Lincoln, 58.1% of property is privately owned outright and 28.8% 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 The Bungalow, Lodge Farm, Lincoln, 15.1% of residents are recorded as possessing school level qualifications and 35.1% 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 The Bungalow, Lodge Farm, 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 The Bungalow, Lodge Farm, Lincoln, 0.3% 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 The Bungalow, Lodge Farm, 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.