221 Riverside Drive, Lincoln, LN5 7NZ is a leasehold flat built in 2007 onwards. The property offers approximately 570 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £96,544 , which equates to approximately £169 per square foot. It was last sold on 10 May 2022 for £93,500. Since then, the value has increased by £3,044, representing a 3.3% increase, or approximately 0.9% per year.

The current estimated value of £96,544 is:

  • 41.1% lower than the average property price on Riverside Drive
  • 28.0% lower than the average in the LN5 7NZ postcode area
  • and 59.9% lower than the average price for Lincoln as a whole

View sold house prices in LN5 7NZ

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£96,544
Price Per sq ft (estimate)
£169
Bedroom Count (estimate)
1 bedroom

EPC Summary

221 Riverside Drive, Lincoln, Lincolnshire, LN5 7NZ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 18 Sep 2019.

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 1 Dec 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 6.4%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 400+ mm loft insulation, improving energy efficiency from good to very good.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to timber frame, as built, insulated (assumed), improving energy efficiency from good to very good.
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 400+ mm loft insulation
Very Good
Walls
Timber frame, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LN5 7NZ

36 th / 52
Price Rank
28% lower than average
39 th / 51
Size Rank
13% smaller than average
18 th / 51
Price Per Sq FT Rank
18% lower than average

Compared to other properties in LN5 7NZ , this flat's estimated value ranks 36th out of 52. Based on price per square foot, it ranks 18th out of 51 properties. In terms of size, this home ranks 39th out of 51 properties in its postcode area.

Sale History

Today
£96,544
streetscan.co.uk estimate
+3 %
10 May 2022
£93,500
Leasehold
-22.8 %
28 Sep 2007
£121,039
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £83,000
sale date: 13 Feb 2024
rooms: 2
size: 560 sq ft
sale price: £95,000
sale date: 14 Jul 2023
rooms: 3
size: 624 sq ft
sale price: £128,000
sale date: 20 Jun 2023
rooms: 2
size: 581 sq ft
sale price: £107,000
sale date: 15 Aug 2022
rooms: 3
size: 646 sq ft
sale price: £125,000
sale date: 3 Aug 2022

Data Sources

The property at 221 Riverside Drive, Lincoln, LN5 7NZ appears two times in the Land Registry records, with the latest transaction recorded on 10 May 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Sep 2019. 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.