56 Willow Tree Close, Lincoln, LN5 8NZ is a leasehold flat built in 2007 onwards. The property offers approximately 1,066 square feet of living space and is situated on the 4th floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £157,823 , which equates to approximately £148 per square foot. It was last sold on 16 Oct 2020 for £139,000. Since then, the value has increased by £18,823, representing a 13.5% increase, or approximately 2.6% per year.

The current estimated value of £157,823 is:

  • 28.4% lower than the average property price on Willow Tree Close
  • 12.2% higher than the average in the LN5 8NZ postcode area
  • and 31.4% lower than the average price for Lincoln as a whole

At the most recent EPC inspection on 6 July 2020, the property was recorded as owner-occupied.

View sold house prices in LN5 8NZ

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
1066 sq ft
Tenure
Leasehold
Floor level
4th floor
Price (estimate)
£157,823
Price Per sq ft (estimate)
£148
Bedroom Count (estimate)
3 bedrooms

EPC Summary

56 Willow Tree Close, Lincoln, Lincolnshire, LN5 8NZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 Jul 2020.

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 21 Sep 2009. The rating of C is unchanged, though the energy efficiency score decreased by 1.4%.

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 roof construction or insulation changed from pitched, 300 mm loft insulation to pitched, 270 mm loft insulation, changing energy efficiency from very good to good.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 270 mm loft insulation
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 LN5 8NZ

14 th / 17
Price Rank
12% higher than average
1 st / 16
Size Rank
40% bigger than average
15 th / 16
Price Per Sq FT Rank
20% lower than average

Compared to other properties in LN5 8NZ , this flat's estimated value ranks 14th out of 17. Based on price per square foot, it ranks 15th out of 16 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 1st out of 16 properties in its postcode area.

Sale History

Today
£157,823
streetscan.co.uk estimate
+14 %
16 Oct 2020
£139,000
Leasehold

Area Insights

Similar Properties Sold Nearby

14 Willow Tree Close, Lincoln, LN5 8NZ
rooms: 3
size: 1055 sq ft
sale price: £163,000
sale date: 30 Apr 2024
28 Willow Tree Close, Lincoln, LN5 8NZ
rooms: 3
size: 1012 sq ft
sale price: £140,000
sale date: 24 Jun 2022

Data Sources

The property at 56 Willow Tree Close, Lincoln, Lincolnshire, LN5 8NZ appears once in the Land Registry records, with the transaction recorded on 16 Oct 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Jul 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.
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