8 Reed Drive, Lincoln, LN2 4FZ is a leasehold flat built between 2003-2006. The property offers approximately 527 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 £129,856 , which equates to approximately £246 per square foot. It was last sold on 26 May 2017 for £110,000. Since then, the value has increased by £19,856, representing a 18.1% increase, or approximately 2.1% per year.

The current estimated value of £129,856 is:

  • 19.2% higher than the average property price on Reed Drive
  • 20.5% higher than the average in the LN2 4FZ postcode area
  • and 43.5% lower than the average price for Lincoln as a whole

At the most recent EPC inspection on 26 August 2009, the property was recorded as owner-occupied.

View sold house prices in LN2 4FZ

Building approximate location

About Property

Type
Terraced Maisonette
Built
2003-2006
Interior Size
527 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£129,856
Price Per sq ft (estimate)
£246
Bedroom Count (estimate)
1 bedroom

EPC Summary

8 Reed Drive, Lincoln, Lincolnshire, LN2 4FZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 13 Dec 2019.

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 26 Aug 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 7.3%.

Since the previous assessment, several changes were observed:

  • The hot water system changed from from main system to community scheme, with no change in energy efficiency (good).
  • The roof construction or insulation changed from pitched, insulated (assumed) to roof room(s), insulated (assumed), with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 71% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Community scheme
Good
Hot Water
Community scheme
Good
Roof
Roof room(s), insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£129,856
streetscan.co.uk estimate
+18 %
26 May 2017
£110,000
Leasehold
+15.8 %
1 Aug 2014
£95,000
Leasehold

Area Insights

Similar Properties Sold Nearby

6 Reed Drive, Lincoln, LN2 4FZ
rooms: 3
size: 549 sq ft
sale price: £107,000
sale date: 11 Dec 2019

Data Sources

The property at 8 Reed Drive, Lincoln, LN2 4FZ appears two times in the Land Registry records, with the latest transaction recorded on 26 May 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Dec 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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