3 Mill Lane, Lincoln, LN5 7QN is a freehold terraced property built between 1983-1990. The property offers approximately 807 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £125,494 , which equates to approximately £155 per square foot. It was last sold on 10 Dec 2019 for £97,000. Since then, the value has increased by £28,494, representing a 29.4% increase, or approximately 4.9% per year.

The current estimated value of £125,494 is:

  • 57.5% lower than the average property price on Mill Lane
  • 28.6% lower than the average in the LN5 7QN postcode area
  • and 47.9% lower than the average price for Lincoln as a whole

At the most recent EPC inspection on 12 September 2024, the property was recorded as owner-occupied.

View sold house prices in LN5 7QN

Building approximate location

About Property

Type
Terraced House
Built
1983-1990
Interior Size
807 sq ft
Tenure
Freehold
Price (estimate)
£125,494
Price Per sq ft (estimate)
£155
Bedroom Count (estimate)
2 bedrooms

EPC Summary

3 Mill Lane, Lincoln, Lincolnshire, LN5 7QN has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Sep 2024.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Feb 2013, and the property received the same rating of C with an unchanged energy efficiency score of 72.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, insulated at rafters to pitched, insulated, improving energy efficiency from poor to good.
  • The wall construction or insulation changed from solid brick, with external insulation to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in 86% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, insulated
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 86% of fixed outlets
Very Good

Compared to LN5 7QN

15 th / 15
Price Rank
29% lower than average
2 nd / 12
Size Rank
20% bigger than average
12 th / 12
Price Per Sq FT Rank
41% lower than average

Compared to other properties in LN5 7QN , this house's estimated value ranks 15th out of 15. Based on price per square foot, it ranks 12th out of 12 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 2nd out of 12 properties in its postcode area.

Sale History

Today
£125,494
streetscan.co.uk estimate
+29 %
10 Dec 2019
£97,000
Leasehold

Area Insights

Similar Properties Sold Nearby

12 Mill Lane, Lincoln, LN5 7QN
rooms: 4
size: 764 sq ft
sale price: £125,000
sale date: 23 Jan 2009
14 Mill Lane, Lincoln, LN5 7QN
rooms: 4
size: 764 sq ft
sale price: £125,000
sale date: 23 Jan 2009
10 Mill Lane, Lincoln, LN5 7QN
rooms: 4
size: 764 sq ft
sale price: £125,000
sale date: 23 Jan 2009
8B Mill Lane, North Hykeham, Lincoln, LN6 9PD
rooms: 3
size: 818 sq ft
sale price: £119,200
sale date: 25 Feb 2011
44 Mill Lane, North Hykeham, Lincoln, LN6 9PD
rooms: 4
size: 775 sq ft
sale price: £110,000
sale date: 15 Apr 2005

Data Sources

The property at 3 Mill Lane, Lincoln, Lincolnshire, LN5 7QN appears once in the Land Registry records, with the transaction recorded on 10 Dec 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Sep 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.
↑