2 Lancaster Place, Lincoln, LN5 7UP is a freehold terraced property built between 1930-1949. The property offers approximately 570 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £110,222 , which equates to approximately £193 per square foot. It was last sold on 16 Dec 2005 for £65,000. Since then, the value has increased by £45,222, representing a 69.6% increase, or approximately 3.5% per year.

The current estimated value of £110,222 is:

  • 14.7% lower than the average property price on Lancaster Place
  • 9.3% lower than the average in the LN5 7UP postcode area
  • and 52.1% lower than the average price for Lincoln as a whole

At the most recent EPC inspection on 27 January 2021, the property was recorded as owner-occupied.

View sold house prices in LN5 7UP

Building approximate location

About Property

Type
Terraced House
Built
1930-1949
Interior Size
570 sq ft
Tenure
Freehold
Price (estimate)
£110,222
Price Per sq ft (estimate)
£193
Bedroom Count (estimate)
1 bedroom

EPC Summary

2 Lancaster Place, Lincoln, Lincolnshire, LN5 7UP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 27 Jan 2021.

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, 150 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 7UP

9 th / 10
Price Rank
9% lower than average
10 th / 10
Size Rank
13% smaller than average
9 th / 10
Price Per Sq FT Rank
4% higher than average

Compared to other properties in LN5 7UP , this house's estimated value ranks 9th out of 10. Based on price per square foot, it ranks 9th out of 10 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 10 properties in its postcode area.

Sale History

Today
£110,222
streetscan.co.uk estimate
+70 %
16 Dec 2005
£65,000
Leasehold

Area Insights

Similar Properties Sold Nearby

12 Lancaster Place, Lincoln, LN5 7UP
rooms: 4
size: 652 sq ft
sale price: £67,000
sale date: 8 Apr 2011
9 Lancaster Place, Lincoln, LN5 7UP
rooms: 4
size: 646 sq ft
sale price: £85,000
sale date: 21 Jul 2006
1 Lancaster Place, Lincoln, LN5 7UP
rooms: 5
size: 614 sq ft
sale price: £70,000
sale date: 16 Jun 2006
7 Lancaster Place, Lincoln, LN5 7UP
rooms: 4
size: 652 sq ft
sale price: £49,500
sale date: 5 Jul 2002

Data Sources

The property at 2 Lancaster Place, Lincoln, Lincolnshire, LN5 7UP appears once in the Land Registry records, with the transaction recorded on 16 Dec 2005. It also has a single Energy Performance Certificate (EPC) from 27 Jan 2021. 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.
↑