Apartment 161, Palatine House Olsen Rise, Lincoln, LN2 4ZE is a leasehold flat built in 2007 onwards. The property offers approximately 431 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £101,473 , which equates to approximately £236 per square foot. It was last sold on 5 Dec 2008 for £71,579. Since then, the value has increased by £29,894, representing a 41.8% increase, or approximately 2.4% per year.

The current estimated value of £101,473 is:

  • 28.8% lower than the average property price on Olsen Rise
  • 18.6% lower than the average in the LN2 4ZE postcode area
  • and 55.9% lower than the average price for Lincoln as a whole

View sold house prices in LN2 4ZE

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
431 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£101,473
Price Per sq ft (estimate)
£236
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 161, Palatine House Olsen Rise, Lincoln, Lincolnshire, LN2 4ZE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 May 2019.

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 11 Feb 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 21.5%.

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 average thermal transmittance = 0.16 w/m?k to pitched, 200 mm loft insulation, with no change in energy efficiency (good).
  • 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 40% of fixed outlets to low energy lighting in 58% of fixed outlets, with efficiency improving from average to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 58% of fixed outlets
Good

Compared to LN2 4ZE

47 th / 48
Price Rank
19% lower than average
46 th / 47
Size Rank
35% smaller than average
15 th / 47
Price Per Sq FT Rank
26% higher than average

Compared to other properties in LN2 4ZE , this flat's estimated value ranks 47th out of 48. Based on price per square foot, it ranks 15th out of 47 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 46th out of 47 properties in its postcode area.

Sale History

Today
£101,473
streetscan.co.uk estimate
+42 %
5 Dec 2008
£71,579
Leasehold

Area Insights

Similar Properties Sold Nearby

Apartment 147, Palatine House Olsen Rise, Lincoln, LN2 4ZE
rooms: 3
size: 431 sq ft
sale price: £71,579
sale date: 24 Nov 2008
Apartment 125, Palatine House Olsen Rise, Lincoln, LN2 4ZE
rooms: 2
size: 427 sq ft
sale price: £114,950
sale date: 29 Jun 2007
Apartment 69, Navona House Olsen Rise, Lincoln, LN2 4UT
rooms: 2
size: 409 sq ft
sale price: £95,000
sale date: 3 Dec 2024
Apartment 29, Navona House Olsen Rise, Lincoln, LN2 4UT
rooms: 2
size: 431 sq ft
sale price: £99,950
sale date: 30 Jun 2006

Data Sources

The property at Apartment 161, Palatine House Olsen Rise, Lincoln, Lincolnshire, LN2 4ZE appears once in the Land Registry records, with the transaction recorded on 5 Dec 2008. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 20 May 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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