114 Newark Road, Lincoln, LN5 8QA is a freehold terraced property built before 1900. The property offers approximately 743 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £96,056 , which equates to approximately £129 per square foot. It was last sold on 14 Feb 2014 for £60,000. Since then, the value has increased by £36,056, representing a 60.1% increase, or approximately 5.1% per year.

The current estimated value of £96,056 is:

  • 64.6% lower than the average property price on Newark Road
  • 28.3% lower than the average in the LN5 8QA postcode area
  • and 58.2% lower than the average price for Lincoln as a whole

At the most recent EPC inspection on 27 November 2020, the property was recorded as rented.

View sold house prices in LN5 8QA

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
743 sq ft
Tenure
Freehold
Price (estimate)
£96,056
Price Per sq ft (estimate)
£129
Bedroom Count (estimate)
2 bedrooms

EPC Summary

114 Newark Road, Lincoln, Lincolnshire, LN5 8QA has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 27 Nov 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Jun 2010, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 63%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency improving from very poor to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 200 mm loft insulation to pitched, 270 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 78% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 270 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LN5 8QA

17 th / 17
Price Rank
28% lower than average
10 th / 14
Size Rank
2% smaller than average
14 th / 14
Price Per Sq FT Rank
27% lower than average

Compared to other properties in LN5 8QA , this house's estimated value ranks 17th out of 17. 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 10th out of 14 properties in its postcode area.

Sale History

Today
£96,056
streetscan.co.uk estimate
+60 %
14 Feb 2014
£60,000
Leasehold

Area Insights

Similar Properties Sold Nearby

100 Newark Road, Lincoln, LN5 8QA
rooms: 4
size: 743 sq ft
sale price: £110,000
sale date: 14 Jun 2024
90 Newark Road, Lincoln, LN5 8QA
rooms: 4
size: 732 sq ft
sale price: £103,000
sale date: 3 Jun 2020
98 Newark Road, Lincoln, LN5 8QA
rooms: 5
size: 797 sq ft
sale price: £80,000
sale date: 21 Mar 2016
92 Newark Road, Lincoln, LN5 8QA
rooms: 4
size: 646 sq ft
sale price: £85,000
sale date: 28 Oct 2015
96 Newark Road, Lincoln, LN5 8QA
rooms: 5
size: 764 sq ft
sale price: £104,000
sale date: 22 Jan 2015

Data Sources

The property at 114 Newark Road, Lincoln, Lincolnshire, LN5 8QA appears once in the Land Registry records, with the transaction recorded on 14 Feb 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Nov 2020. 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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