2 Springfield Close, Lincoln, LN1 3ET is a leasehold terraced property built between 1950-1966. The property offers approximately 775 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £207,853 , which equates to approximately £268 per square foot. It was last sold on 12 Jul 2022 for £195,000. Since then, the value has increased by £12,853, representing a 6.6% increase, or approximately 1.9% per year.

The current estimated value of £207,853 is:

  • 37.2% lower than the average property price on Springfield Close
  • 1.9% lower than the average in the LN1 3ET postcode area
  • and 13.6% lower than the average price for Lincoln as a whole

View sold house prices in LN1 3ET

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
775 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£207,853
Price Per sq ft (estimate)
£268
Bedroom Count (estimate)
2 bedrooms

EPC Summary

2 Springfield Close, Lincoln, Lincolnshire, LN1 3ET has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 1 Mar 2016.

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.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to LN1 3ET

9 th / 15
Price Rank
2% lower than average
6 th / 14
Size Rank
1% bigger than average
10 th / 14
Price Per Sq FT Rank
3% lower than average

Compared to other properties in LN1 3ET , this flat's estimated value ranks 9th out of 15. Based on price per square foot, it ranks 10th 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 6th out of 14 properties in its postcode area.

Sale History

Today
£207,853
streetscan.co.uk estimate
+7 %
12 Jul 2022
£195,000
Leasehold
+30 %
15 Jun 2018
£150,000
Leasehold
+30.4 %
4 Jul 2005
£115,000
Leasehold

Area Insights

Similar Properties Sold Nearby

32 Springfield Close, Lincoln, LN1 3ET
rooms: 4
size: 786 sq ft
sale price: £235,000
sale date: 20 Jul 2016
30 Springfield Close, Lincoln, LN1 3ET
rooms: 4
size: 807 sq ft
sale price: £154,000
sale date: 25 Aug 2006
24 Springfield Close, Lincoln, LN1 3ET
rooms: 4
size: 797 sq ft
sale price: £140,000
sale date: 31 Oct 2003

Data Sources

The property at 2 Springfield Close, Lincoln, LN1 3ET appears three times in the Land Registry records, with the latest transaction recorded on 12 Jul 2022. It also has a single Energy Performance Certificate (EPC) from 1 Mar 2016. 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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