24 Chesney Road, Lincoln, LN2 4RX is a leasehold flat built between 1983-1990. The property offers approximately 258 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £83,476 , which equates to approximately £323 per square foot. It was last sold on 18 Jul 2008 for £64,500. Since then, the value has increased by £18,976, representing a 29.4% increase, or approximately 1.7% per year.

The current estimated value of £83,476 is:

  • 44.6% lower than the average property price on Chesney Road
  • 45.9% lower than the average in the LN2 4RX postcode area
  • and 63.7% lower than the average price for Lincoln as a whole

View sold house prices in LN2 4RX

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
258 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£83,476
Price Per sq ft (estimate)
£323
Bedroom Count (estimate)
1 bedroom

EPC Summary

24 Chesney Road, Lincoln, Lincolnshire, LN2 4RX has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Oct 2019.

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 15 Jun 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 9.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water energy efficiency improving from very poor to poor, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from pitched, 75mm loft insulation to pitched, 100 mm loft insulation, with no change in energy efficiency (average).
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to timber frame, as built, insulated (assumed), with no change in energy efficiency (good).
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 60% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 100 mm loft insulation
Average
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to LN2 4RX

46 th / 50
Price Rank
46% lower than average
41 st / 46
Size Rank
51% smaller than average
20 th / 46
Price Per Sq FT Rank
11% higher than average

Compared to other properties in LN2 4RX , this flat's estimated value ranks 46th out of 50. Based on price per square foot, it ranks 20th out of 46 properties. In terms of size, this home ranks 41th out of 46 properties in its postcode area.

Sale History

Today
£83,476
streetscan.co.uk estimate
+29 %
18 Jul 2008
£64,500
Leasehold
+65.4 %
12 Mar 2004
£39,000
Leasehold
+16.4 %
15 Nov 2002
£33,500
Leasehold

Area Insights

Similar Properties Sold Nearby

14 Chesney Road, Lincoln, LN2 4RX
rooms: 1
size: 258 sq ft
sale price: £55,000
sale date: 26 Feb 2021
28 Chesney Road, Lincoln, LN2 4RX
rooms: 2
size: 258 sq ft
sale price: £52,500
sale date: 11 Nov 2016
26 Chesney Road, Lincoln, LN2 4RX
rooms: 1
size: 258 sq ft
sale price: £54,000
sale date: 31 Mar 2016
18 Chesney Road, Lincoln, LN2 4RX
rooms: 1
size: 258 sq ft
sale price: £59,950
sale date: 17 Oct 2014
22 Chesney Road, Lincoln, LN2 4RX
rooms: 1
size: 237 sq ft
sale price: £40,000
sale date: 26 Jul 2013

Data Sources

The property at 24 Chesney Road, Lincoln, LN2 4RX appears three times in the Land Registry records, with the latest transaction recorded on 18 Jul 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Oct 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.
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