48 Fairfax Street, Lincoln, LN5 8NR is a leasehold flat built between 2003-2006. The property offers approximately 614 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £93,528 , which equates to approximately £152 per square foot. It was last sold on 1 Feb 2024 for £90,000. Since then, the value has increased by £3,528, representing a 3.9% increase, or approximately 2.1% per year.

The current estimated value of £93,528 is:

  • 37.0% lower than the average property price on Fairfax Street
  • 34.3% lower than the average in the LN5 8NR postcode area
  • and 59.3% lower than the average price for Lincoln as a whole

At the most recent EPC inspection on 25 October 2022, the property was recorded as owner-occupied.

View sold house prices in LN5 8NR

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
614 sq ft
Tenure
Leasehold
Price (estimate)
£93,528
Price Per sq ft (estimate)
£152
Bedroom Count (estimate)
1 bedroom

EPC Summary

48 Fairfax Street, Lincoln, Lincolnshire, LN5 8NR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 Oct 2022.

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.

Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
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 LN5 8NR

67 th / 83
Price Rank
34% lower than average
30 th / 63
Size Rank
8% smaller than average
42 nd / 63
Price Per Sq FT Rank
29% lower than average

Compared to other properties in LN5 8NR , this flat's estimated value ranks 67th out of 83. Based on price per square foot, it ranks 42th out of 63 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 30th out of 63 properties in its postcode area.

Sale History

Today
£93,528
streetscan.co.uk estimate
+4 %
1 Feb 2024
£90,000
Leasehold
-23.1 %
26 Jul 2007
£117,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 624 sq ft
sale price: £110,000
sale date: 26 Sep 2024
rooms: 3
size: 592 sq ft
sale price: £81,500
sale date: 21 Jun 2024
rooms: 3
size: 570 sq ft
sale price: £90,000
sale date: 21 Oct 2022
rooms: 3
size: 614 sq ft
sale price: £96,000
sale date: 9 Feb 2022
rooms: 3
size: 614 sq ft
sale price: £99,950
sale date: 8 Dec 2021

Data Sources

The property at 48 Fairfax Street, Lincoln, LN5 8NR appears two times in the Land Registry records, with the latest transaction recorded on 1 Feb 2024. It also has a single Energy Performance Certificate (EPC) from 25 Oct 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.


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.