229 Riverside Drive, Lincoln, LN5 7NZ is a leasehold flat built between 2007-2011. The property offers approximately 893 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £183,184 , which equates to approximately £205 per square foot. It was last sold on 28 Sep 2007 for £149,199. Since then, the value has increased by £33,985, representing a 22.8% increase, or approximately 1.3% per year.

The current estimated value of £183,184 is:

  • 15.3% higher than the average property price on Riverside Drive
  • 36.7% higher than the average in the LN5 7NZ postcode area
  • and 20.3% lower than the average price for Lincoln as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 7 November 2024, the property was recorded as rented.

View sold house prices in LN5 7NZ

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
893 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£183,184
Price Per sq ft (estimate)
£205
Bedroom Count (estimate)
3 bedrooms

EPC Summary

229 Riverside Drive, Lincoln, Lincolnshire, LN5 7NZ has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 7 Nov 2024.

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 15 Apr 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • 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, 300+ mm loft insulation to pitched, 300 mm loft insulation, with no change in energy efficiency (very good).
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 63% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 63% of fixed outlets
Good

Compared to LN5 7NZ

4 th / 52
Price Rank
37% higher than average
6 th / 51
Size Rank
37% bigger than average
46 th / 51
Price Per Sq FT Rank
0% same as average

Compared to other properties in LN5 7NZ , this flat's estimated value ranks 4th out of 52. Based on price per square foot, it ranks 46th out of 51 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 51 properties in its postcode area.

Sale History

Today
£183,184
streetscan.co.uk estimate
+23 %
28 Sep 2007
£149,199
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 990 sq ft
sale price: £132,500
sale date: 18 Nov 2022
rooms: 3
size: 990 sq ft
sale price: £99,950
sale date: 6 May 2022
rooms: 3
size: 893 sq ft
sale price: £129,950
sale date: 7 Sep 2021
rooms: 3
size: 893 sq ft
sale price: £128,500
sale date: 27 Mar 2020
rooms: 3
size: 818 sq ft
sale price: £133,000
sale date: 16 Apr 2019

Data Sources

The property at 229 Riverside Drive, Lincoln, Lincolnshire, LN5 7NZ appears once in the Land Registry records, with the transaction recorded on 28 Sep 2007. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Nov 2024. 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.