3, Marine Point Apartments Marine Approach, Burton Waters, Lincoln, LN1 2LW is a leasehold flat built between 2003-2006. The property offers approximately 614 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 £159,856 , which equates to approximately £261 per square foot. It was last sold on 17 Nov 2006 for £140,000. Since then, the value has increased by £19,856, representing a 14.2% increase, or approximately 0.7% per year.

The current estimated value of £159,856 is:

  • 47.4% lower than the average property price on Marine Approach
  • 23.2% lower than the average in the LN1 2LW postcode area
  • and 33.6% lower than the average price for Lincoln as a whole

At the most recent EPC inspection on 28 July 2022, the property was recorded as rented.

View sold house prices in LN1 2LW

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
614 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£159,856
Price Per sq ft (estimate)
£261
Bedroom Count (estimate)
1 bedroom

EPC Summary

3, Marine Point Apartments Marine Approach, Burton Waters, Lincoln, West Lindsey, Lincolnshire, LN1 2LW has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 28 Jul 2022.

This property uses a gas boiler with underfloor heating as its main heating source. It is connected to mains gas. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 3 Feb 2011, and the property received the same rating of C with an unchanged energy efficiency score of 77.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to boiler and underfloor heating, mains gas, changing energy efficiency from very good to good.
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The lighting was updated from low energy lighting in 44% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and underfloor heating, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LN1 2LW

19 th / 23
Price Rank
23% lower than average
15 th / 18
Size Rank
33% smaller than average
6 th / 18
Price Per Sq FT Rank
14% higher than average

Compared to other properties in LN1 2LW , this flat's estimated value ranks 19th out of 23. Based on price per square foot, it ranks 6th out of 18 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 15th out of 18 properties in its postcode area.

Sale History

Today
£159,856
streetscan.co.uk estimate
+14 %
17 Nov 2006
£140,000
Leasehold
-0.1 %
12 Nov 2004
£140,200
Leasehold
+40.2 %
13 Mar 2003
£100,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 592 sq ft
sale price: £115,000
sale date: 17 Jan 2025
rooms: 2
size: 603 sq ft
sale price: £100,000
sale date: 22 Mar 2024
rooms: 2
size: 624 sq ft
sale price: £122,000
sale date: 27 Mar 2015
rooms: 3
size: 604 sq ft
sale price: £138,000
sale date: 15 Aug 2006

Data Sources

The property at 3, Marine Point Apartments Marine Approach, Burton Waters, Lincoln, LN1 2LW appears three times in the Land Registry records, with the latest transaction recorded on 17 Nov 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Jul 2022. 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.


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