16 Peel Street, Lincoln, LN5 8AB is a freehold terraced property built between 1900-1929. The property offers approximately 700 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 £144,196 , which equates to approximately £206 per square foot. It was last sold on 18 Oct 2024 for £140,000. Since then, the value has increased by £4,196, representing a 3.0% increase, or approximately 2.6% per year.

The current estimated value of £144,196 is:

  • 8.1% lower than the average property price on Peel Street
  • 2.3% lower than the average in the LN5 8AB postcode area
  • and 37.3% lower than the average price for Lincoln as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 1 March 2023, the property was recorded as rented.

View sold house prices in LN5 8AB

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
700 sq ft
Tenure
Freehold
Price (estimate)
£144,196
Price Per sq ft (estimate)
£206
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16 Peel Street, Lincoln, Lincolnshire, LN5 8AB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 Mar 2023.

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.

The previous EPC assessment was conducted on 13 Apr 2020, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 56.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from average to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from average to good.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 270 mm loft insulation, improving energy efficiency from average to good.
  • The lighting was changed from low energy lighting in 86% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 270 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LN5 8AB

47 th / 61
Price Rank
2% lower than average
19 th / 52
Size Rank
8% bigger than average
39 th / 52
Price Per Sq FT Rank
10% lower than average

Compared to other properties in LN5 8AB , this house's estimated value ranks 47th out of 61. Based on price per square foot, it ranks 39th out of 52 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 19th out of 52 properties in its postcode area.

Sale History

Today
£144,196
streetscan.co.uk estimate
+3 %
18 Oct 2024
£140,000
Leasehold
+60.9 %
27 Jan 2023
£87,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 710 sq ft
sale price: £115,000
sale date: 31 Jan 2024
rooms: 4
size: 721 sq ft
sale price: £128,500
sale date: 12 Jan 2023
rooms: 4
size: 710 sq ft
sale price: £130,000
sale date: 25 Nov 2022
rooms: 4
size: 678 sq ft
sale price: £75,000
sale date: 14 Oct 2022
rooms: 5
size: 700 sq ft
sale price: £170,000
sale date: 20 Sep 2022

Data Sources

The property at 16 Peel Street, Lincoln, LN5 8AB appears two times in the Land Registry records, with the latest transaction recorded on 18 Oct 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Mar 2023. 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.