16B Chapel Lane, Lincoln, LN1 3AZ is a leasehold flat built between 1967-1975. The property offers approximately 635 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £149,668 , which equates to approximately £236 per square foot. It was last sold on 14 May 2021 for £142,000. Since then, the value has increased by £7,668, representing a 5.4% increase, or approximately 1.2% per year.

The current estimated value of £149,668 is:

  • 59.7% lower than the average property price on Chapel Lane
  • 45.9% lower than the average in the LN1 3AZ postcode area
  • and 37.8% lower than the average price for Lincoln as a whole

At the most recent EPC inspection on 9 July 2010, the property was recorded as owner-occupied.

View sold house prices in LN1 3AZ

Building approximate location

About Property

Type
Detached Maisonette
Built
1967-1975
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£149,668
Price Per sq ft (estimate)
£236
Bedroom Count (estimate)
1 bedroom

EPC Summary

16B Chapel Lane, Lincoln, Lincolnshire, LN1 3AZ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 19 Nov 2013.

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 18 Feb 2011, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 26.2%.

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 wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 40% of fixed outlets, with efficiency improving from poor to average.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 40% of fixed outlets
Average

Compared to LN1 3AZ

10 th / 10
Price Rank
46% lower than average
6 th / 9
Size Rank
23% smaller than average
9 th / 9
Price Per Sq FT Rank
30% lower than average

Compared to other properties in LN1 3AZ , this maisonette's estimated value ranks 10th out of 10. Based on price per square foot, it ranks 9th out of 9 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 6th out of 9 properties in its postcode area.

Sale History

Today
£149,668
streetscan.co.uk estimate
+5 %
14 May 2021
£142,000
Leasehold
+32.1 %
26 Nov 2010
£107,500
Leasehold

Area Insights

Nearby Properties

16A Chapel Lane, Lincoln, LN1 3AZ
rooms: 3
size: 474 sq ft
sale price: £104,950
sale date: 24 Nov 2003
14 Chapel Lane, Lincoln, LN1 3AZ
rooms: 3
size: 780 sq ft
sale price: £155,000
sale date: 16 May 2019
12 Chapel Lane, Lincoln, LN1 3AZ
rooms: 4
size: 732 sq ft
sale price: £43,000
sale date: 14 Aug 1995
9 Chapel Lane, Lincoln, LN1 3AZ
rooms: 5
size: 1485 sq ft
sale price: £205,000
sale date: 28 Nov 2003
7 Chapel Lane, Lincoln, LN1 3AZ
rooms: 4
size: 1292 sq ft
sale price: £257,000
sale date: 4 Sep 2015

Data Sources

The property at 16B Chapel Lane, Lincoln, LN1 3AZ appears two times in the Land Registry records, with the latest transaction recorded on 14 May 2021. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Nov 2013. 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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