Apartment 145, Palatine House Olsen Rise, Lincoln, LN2 4ZE is a leasehold flat built between 2007-2011. The property offers approximately 592 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £125,843 , which equates to approximately £213 per square foot. It was last sold on 11 Jun 2009 for £88,000. Since then, the value has increased by £37,843, representing a 43.0% increase, or approximately 2.6% per year.

The current estimated value of £125,843 is:

  • 11.7% lower than the average property price on Olsen Rise
  • 1.0% higher than the average in the LN2 4ZE postcode area
  • and 45.3% lower than the average price for Lincoln as a whole

At the most recent EPC inspection on 19 September 2024, the property was recorded as owner-occupied.

View sold house prices in LN2 4ZE

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
592 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£125,843
Price Per sq ft (estimate)
£213
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 145, Palatine House Olsen Rise, Lincoln, Lincolnshire, LN2 4ZE has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 19 Sep 2024.

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 6 Jan 2009, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 18.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from n/a to very poor, while the heating system type remained the same (room heaters, electric).
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from n/a to poor.
  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance = 0.35 w/m?k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 38% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
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 LN2 4ZE

39 th / 48
Price Rank
1% higher than average
44 th / 47
Size Rank
11% smaller than average
30 th / 47
Price Per Sq FT Rank
14% higher than average

Compared to other properties in LN2 4ZE , this flat's estimated value ranks 39th out of 48. Based on price per square foot, it ranks 30th out of 47 properties. In terms of size, this home ranks 44th out of 47 properties in its postcode area.

Sale History

Today
£125,843
streetscan.co.uk estimate
+43 %
11 Jun 2009
£88,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 603 sq ft
sale price: £115,000
sale date: 31 Mar 2025
rooms: 3
size: 635 sq ft
sale price: £112,000
sale date: 4 Mar 2025
rooms: 3
size: 635 sq ft
sale price: £116,500
sale date: 15 Nov 2024
rooms: 3
size: 603 sq ft
sale price: £117,000
sale date: 1 Dec 2022
rooms: 3
size: 603 sq ft
sale price: £122,500
sale date: 6 May 2022

Data Sources

The property at Apartment 145, Palatine House Olsen Rise, Lincoln, Lincolnshire, LN2 4ZE appears once in the Land Registry records, with the transaction recorded on 11 Jun 2009. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Sep 2024. 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.


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