1 Park Lane, Lincoln, LN5 8NY is a freehold flat built between 2003-2006. The property offers approximately 4,702 square feet of living space. In this location, apartments of similar size usually have six bedrooms.

The estimated current market value of the property is £491,078 , which equates to approximately £104 per square foot. It was last sold on 18 Aug 2017 for £425,000. Since then, the value has increased by £66,078, representing a 15.5% increase, or approximately 1.9% per year.

The current estimated value of £491,078 is:

  • 43.3% higher than the average property price on Park Lane
  • 180.1% higher than the average in the LN5 8NY postcode area
  • and 113.6% higher than the average price for Lincoln as a whole

At the most recent EPC inspection on 21 July 2011, the property was recorded as owner-occupied.

View sold house prices in LN5 8NY

Building approximate location

About Property

Type
Detached House
Built
2003-2006
Interior Size
4702 sq ft
Tenure
Freehold
Price (estimate)
£491,078
Price Per sq ft (estimate)
£104
Bedroom Count (estimate)
6 bedrooms

EPC Summary

1 Park Lane, Lincoln, Lincolnshire, LN5 8NY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Jul 2011.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
No low energy lighting
Very Poor

Compared to LN5 8NY

1 st / 14
Price Rank
180% higher than average
1 st / 14
Size Rank
511% bigger than average
14 th / 14
Price Per Sq FT Rank
54% lower than average

Compared to other properties in LN5 8NY , this house's estimated value ranks 1st out of 14. Based on price per square foot, it ranks 14th out of 14 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 1st out of 14 properties in its postcode area.

Sale History

Today
£491,078
streetscan.co.uk estimate
+16 %
18 Aug 2017
£425,000
Leasehold
-13.3 %
6 Feb 2012
£490,000
Leasehold
+553.3 %
9 Feb 2006
£75,000
Leasehold

Area Insights

Nearby Properties

3 Park Lane, Lincoln, LN5 8NY
rooms: 4
size: 1085 sq ft
sale price: £185,000
sale date: 18 Nov 2019
4 Park Lane, Lincoln, LN5 8NY
rooms: 3
size: 581 sq ft
sale price: £114,000
sale date: 29 Nov 2019
4A Park Lane, Lincoln, LN5 8NY
rooms: 3
size: 570 sq ft
sale price: £111,000
sale date: 20 Aug 2019
5 Park Lane, Lincoln, LN5 8NY
rooms: 3
size: 624 sq ft
sale price: £122,000
sale date: 31 Jan 2020
5A Park Lane, Lincoln, LN5 8NY
rooms: 3
size: 581 sq ft
sale price: £112,000
sale date: 5 Sep 2019

Data Sources

The property at 1 Park Lane, Lincoln, LN5 8NY appears three times in the Land Registry records, with the latest transaction recorded on 18 Aug 2017. It also has a single Energy Performance Certificate (EPC) from 21 Jul 2011. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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