227 Riverside Drive, Lincoln, LN5 7NZ is a leasehold flat built in 2007 onwards. The property offers approximately 635 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 £139,739 , which equates to approximately £220 per square foot. It was last sold on 22 Mar 2021 for £129,000. Since then, the value has increased by £10,739, representing a 8.3% increase, or approximately 1.8% per year.

The current estimated value of £139,739 is:

  • 14.8% lower than the average property price on Riverside Drive
  • 4.3% higher than the average in the LN5 7NZ postcode area
  • and 41.9% lower than the average price for Lincoln as a whole

At the most recent EPC inspection on 21 August 2020, the property was recorded as owner-occupied.

View sold house prices in LN5 7NZ

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£139,739
Price Per sq ft (estimate)
£220
Bedroom Count (estimate)
1 bedroom

EPC Summary

227 Riverside Drive, Lincoln, Lincolnshire, LN5 7NZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 21 Aug 2020.

This property uses electric room 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 11 Dec 2008, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 12.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to room heaters, electric, changing energy efficiency from very good to very poor.
  • The hot water system was changed from from main system to electric immersion, off-peak, with its energy efficiency changing from very good to poor.
  • The roof construction or insulation changed from average thermal transmittance = 0.15 w/m?k to pitched, insulated (assumed), with no change in energy efficiency (good).
  • The wall construction or insulation changed from average thermal transmittance = 0.25 w/m?k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was updated from low energy lighting in 38% of fixed outlets to low energy lighting in 67% of fixed outlets, with efficiency improving from average to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to LN5 7NZ

10 th / 52
Price Rank
4% higher than average
25 th / 51
Size Rank
3% smaller than average
12 th / 51
Price Per Sq FT Rank
7% higher than average

Compared to other properties in LN5 7NZ , this flat's estimated value ranks 10th out of 52. Based on price per square foot, it ranks 12th out of 51 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 25th out of 51 properties in its postcode area.

Sale History

Today
£139,739
streetscan.co.uk estimate
+8 %
22 Mar 2021
£129,000
Leasehold
+9.8 %
12 Sep 2014
£117,500
Leasehold
-1.3 %
23 Dec 2008
£118,995
Leasehold

Area Insights

Similar Properties Sold Nearby

169 Riverside Drive, Lincoln, LN5 7NZ
rooms: 2
size: 700 sq ft
sale price: £106,483
sale date: 28 Jul 2023
175 Riverside Drive, Lincoln, LN5 7NZ
rooms: 2
size: 560 sq ft
sale price: £95,000
sale date: 14 Jul 2023
149 Riverside Drive, Lincoln, LN5 7NZ
rooms: 3
size: 624 sq ft
sale price: £128,000
sale date: 20 Jun 2023
231 Riverside Drive, Lincoln, LN5 7NZ
rooms: 2
size: 581 sq ft
sale price: £107,000
sale date: 15 Aug 2022
191 Riverside Drive, Lincoln, LN5 7NZ
rooms: 3
size: 646 sq ft
sale price: £125,000
sale date: 3 Aug 2022

Data Sources

The property at 227 Riverside Drive, Lincoln, LN5 7NZ appears three times in the Land Registry records, with the latest transaction recorded on 22 Mar 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Aug 2020. 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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