5A Park Lane, Lincoln, LN5 8NY is a freehold terraced property built between 2003-2006. The property offers approximately 581 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £139,966 , which equates to approximately £241 per square foot. It was last sold on 5 Sep 2019 for £112,000. Since then, the value has increased by £27,966, representing a 25.0% increase, or approximately 4.0% per year.

The current estimated value of £139,966 is:

  • 59.2% lower than the average property price on Park Lane
  • 20.2% lower than the average in the LN5 8NY postcode area
  • and 39.1% lower than the average price for Lincoln as a whole

At the most recent EPC inspection on 6 October 2022, the property was recorded as rented.

View sold house prices in LN5 8NY

Building approximate location

About Property

Type
Terraced House
Built
2003-2006
Interior Size
581 sq ft
Tenure
Freehold
Price (estimate)
£139,966
Price Per sq ft (estimate)
£241
Bedroom Count (estimate)
1 bedroom

EPC Summary

5A Park Lane, Lincoln, Lincolnshire, LN5 8NY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 Oct 2022.

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 28 Oct 2010, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 8.3%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 250 mm loft insulation, changing energy efficiency from very good to good.
  • The lighting was updated from low energy lighting in 43% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 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 8NY

12 th / 14
Price Rank
20% lower than average
11 th / 14
Size Rank
25% smaller than average
11 th / 14
Price Per Sq FT Rank
6% higher than average

Compared to other properties in LN5 8NY , this house's estimated value ranks 12th out of 14. Based on price per square foot, it ranks 11th out of 14 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 11th out of 14 properties in its postcode area.

Sale History

Today
£139,966
streetscan.co.uk estimate
+25 %
5 Sep 2019
£112,000
Leasehold

Area Insights

Similar Properties Sold Nearby

6 Park Lane, Lincoln, LN5 8NY
rooms: 3
size: 581 sq ft
sale price: £130,000
sale date: 4 Dec 2020
5 Park Lane, Lincoln, LN5 8NY
rooms: 3
size: 624 sq ft
sale price: £122,000
sale date: 31 Jan 2020
4 Park Lane, Lincoln, LN5 8NY
rooms: 3
size: 581 sq ft
sale price: £114,000
sale date: 29 Nov 2019
4A Park Lane, Lincoln, LN5 8NY
rooms: 3
size: 570 sq ft
sale price: £111,000
sale date: 20 Aug 2019
7 Park Lane, Lincoln, LN5 8NY
rooms: 3
size: 603 sq ft
sale price: £121,000
sale date: 17 May 2019

Data Sources

The property at 5A Park Lane, Lincoln, Lincolnshire, LN5 8NY appears once in the Land Registry records, with the transaction recorded on 5 Sep 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 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.
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