3 Stark Way, Lincoln, LN2 4GP is a leasehold flat built between 2003-2006. The property offers approximately 495 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 £127,222 , which equates to approximately £257 per square foot. It was last sold on 10 Mar 2023 for £128,000. Since then, the value has decreased by £778, representing a 0.6% decrease, or approximately 0.2% per year.

The current estimated value of £127,222 is:

  • 22.3% higher than the average property price on Stark Way
  • 31.1% higher than the average in the LN2 4GP postcode area
  • and 44.7% lower than the average price for Lincoln as a whole

View sold house prices in LN2 4GP

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£127,222
Price Per sq ft (estimate)
£257
Bedroom Count (estimate)
1 bedroom

EPC Summary

3 Stark Way, Lincoln, Lincolnshire, LN2 4GP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 27 Jan 2020.

This property is heated by a shared community system (community scheme). Community heating means the heat is supplied from a central source serving multiple homes. A community heating scheme is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Jan 2007, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 3.6%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from community scheme to community scheme, with no change in energy efficiency (good).
  • The roof construction or insulation changed from average thermal transmittance 0.16 w/m2k to pitched, insulated (assumed), with no change in energy efficiency (good).
  • The wall construction or insulation changed from average thermal transmittance 0.27 w/m2k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The windows were upgraded from high performance glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Pitched, insulated (assumed)
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 LN2 4GP

3 rd / 21
Price Rank
31% higher than average
3 rd / 18
Size Rank
27% bigger than average
17 th / 18
Price Per Sq FT Rank
3% higher than average

Compared to other properties in LN2 4GP , this flat's estimated value ranks 3rd out of 21. Based on price per square foot, it ranks 17th out of 18 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 3rd out of 18 properties in its postcode area.

Sale History

Today
£127,222
streetscan.co.uk estimate
-1 %
10 Mar 2023
£128,000
Leasehold
+13.8 %
11 Sep 2020
£112,500
Leasehold
+8.2 %
20 Dec 2016
£104,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 549 sq ft
sale price: £112,500
sale date: 6 May 2022
rooms: 3
size: 543 sq ft
sale price: £109,950
sale date: 26 Jun 2017
rooms: 2
size: 431 sq ft
sale price: £82,000
sale date: 28 Sep 2015

Data Sources

The property at 3 Stark Way, Lincoln, LN2 4GP appears three times in the Land Registry records, with the latest transaction recorded on 10 Mar 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Jan 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.