17, Marine Point Apartments Marine Approach, Burton Waters, Lincoln, LN1 2LW is a leasehold flat built between 2003-2006. The property offers approximately 1,173 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £319,842 , which equates to approximately £273 per square foot. It was last sold on 16 Jan 2015 for £235,000. Since then, the value has increased by £84,842, representing a 36.1% increase, or approximately 3.3% per year.

The current estimated value of £319,842 is:

  • 5.2% higher than the average property price on Marine Approach
  • 53.7% higher than the average in the LN1 2LW postcode area
  • and 32.9% higher than the average price for Lincoln as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 25 February 2013, the property was recorded as owner-occupied.

View sold house prices in LN1 2LW

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
1173 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£319,842
Price Per sq ft (estimate)
£273
Bedroom Count (estimate)
4 bedrooms

EPC Summary

17, Marine Point Apartments Marine Approach, Burton Waters, Lincoln, West Lindsey, Lincolnshire, LN1 2LW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 Feb 2013.

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 the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 4 Apr 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 4.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and underfloor heating, mains gas to boiler and radiators, mains gas, changing energy efficiency from very good to good.
  • The hot water system was changed from from main system to from main system, no cylinder thermostat, with its energy efficiency changing from very good to average.
  • The roof construction or insulation changed from pitched, 300+mm loft insulation to pitched, 250 mm loft insulation, changing energy efficiency from very good to good.
  • The lighting was changed from low energy lighting in 83% of fixed outlets to low energy lighting in 94% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 94% of fixed outlets
Very Good

Compared to LN1 2LW

5 th / 23
Price Rank
54% higher than average
5 th / 18
Size Rank
29% bigger than average
10 th / 18
Price Per Sq FT Rank
20% higher than average

Compared to other properties in LN1 2LW , this flat's estimated value ranks 5th out of 23. Based on price per square foot, it ranks 10th out of 18 properties. In terms of size, this home ranks 5th out of 18 properties in its postcode area.

Sale History

Today
£319,842
streetscan.co.uk estimate
+36 %
16 Jan 2015
£235,000
Leasehold
+9.3 %
19 Jul 2013
£215,000
Leasehold
-11.2 %
27 Jul 2006
£242,000
Leasehold
+34.4 %
4 Mar 2003
£180,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 1184 sq ft
sale price: £240,000
sale date: 31 Aug 2022
rooms: 3
size: 1195 sq ft
sale price: £175,000
sale date: 9 Jul 2021
rooms: 4
size: 1109 sq ft
sale price: £235,000
sale date: 29 Jul 2016
rooms: 5
size: 1228 sq ft
sale price: £195,000
sale date: 21 May 2004

Data Sources

The property at 17, Marine Point Apartments Marine Approach, Burton Waters, Lincoln, LN1 2LW appears four times in the Land Registry records, with the latest transaction recorded on 16 Jan 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Feb 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.