7 Park Lane, Lincoln, LN5 8NY is a freehold terraced property built between 1991-1995. The property offers approximately 603 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 £150,665 , which equates to approximately £250 per square foot. It was last sold on 17 May 2019 for £121,000. Since then, the value has increased by £29,665, representing a 24.5% increase, or approximately 3.7% per year.

The current estimated value of £150,665 is:

  • 56.0% lower than the average property price on Park Lane
  • 14.1% lower than the average in the LN5 8NY postcode area
  • and 34.5% lower than the average price for Lincoln as a whole

At the most recent EPC inspection on 23 April 2019, the property was recorded as owner-occupied.

View sold house prices in LN5 8NY

Building approximate location

About Property

Type
Semi-Detached House
Built
1991-1995
Interior Size
603 sq ft
Tenure
Freehold
Price (estimate)
£150,665
Price Per sq ft (estimate)
£250
Bedroom Count (estimate)
1 bedroom

EPC Summary

7 Park Lane, Lincoln, Lincolnshire, LN5 8NY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Apr 2019.

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 21 Oct 2008. The rating of C is unchanged, though the energy efficiency score decreased by 9.2%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 200 mm loft insulation, changing energy efficiency from very good to good.
  • The wall construction or insulation changed from solid brick, as built, insulated (assumed) to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to LN5 8NY

10 th / 14
Price Rank
14% lower than average
8 th / 14
Size Rank
22% smaller than average
7 th / 14
Price Per Sq FT Rank
10% higher than average

Compared to other properties in LN5 8NY , this house's estimated value ranks 10th out of 14. Based on price per square foot, it ranks 7th out of 14 properties. In terms of size, this home ranks 8th out of 14 properties in its postcode area.

Sale History

Today
£150,665
streetscan.co.uk estimate
+25 %
17 May 2019
£121,000
Leasehold
+34.4 %
15 Jul 2005
£90,000
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
5A Park Lane, Lincoln, LN5 8NY
rooms: 3
size: 581 sq ft
sale price: £112,000
sale date: 5 Sep 2019
4A Park Lane, Lincoln, LN5 8NY
rooms: 3
size: 570 sq ft
sale price: £111,000
sale date: 20 Aug 2019

Data Sources

The property at 7 Park Lane, Lincoln, LN5 8NY appears two times in the Land Registry records, with the latest transaction recorded on 17 May 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Apr 2019. 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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