Apartment 3, 547 Newark Road, Lincoln, LN6 8RY is a leasehold flat built between 2003-2006. The property offers approximately 409 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £80,281 , which equates to approximately £196 per square foot. It was last sold on 9 May 2023 for £82,000. Since then, the value has decreased by £1,719, representing a 2.1% decrease, or approximately 0.8% per year.

The current estimated value of £80,281 is:

  • 70.4% lower than the average property price on Newark Road
  • 76.6% lower than the average in the LN6 8RY postcode area
  • and 65.1% lower than the average price for Lincoln as a whole

At the most recent EPC inspection on 1 November 2022, the property was recorded as owner-occupied.

View sold house prices in LN6 8RY

Building approximate location

About Property

Type
Terraced Bungalow
Built
2003-2006
Interior Size
409 sq ft
Tenure
Leasehold
Price (estimate)
£80,281
Price Per sq ft (estimate)
£196
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 3, 547 Newark Road, Lincoln, Lincolnshire, LN6 8RY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 1 Nov 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 2 Mar 2011. The rating of C is unchanged, though the energy efficiency score decreased by 3.9%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in 67% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to LN6 8RY

16 th / 19
Price Rank
77% lower than average
11 th / 13
Size Rank
69% smaller than average
2 nd / 13
Price Per Sq FT Rank
24% lower than average

Compared to other properties in LN6 8RY , this bungalow's estimated value ranks 16th out of 19. Based on price per square foot, it ranks 2nd out of 13 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 11th out of 13 properties in its postcode area.

Sale History

Today
£80,281
streetscan.co.uk estimate
-2 %
9 May 2023
£82,000
Leasehold
+50.2 %
31 Jan 2023
£54,600
Leasehold
-63.6 %
16 Mar 2020
£149,950
Leasehold
+8.9 %
25 Aug 2005
£137,750
Leasehold
+61.9 %
25 Nov 2004
£85,100
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 423 sq ft
sale price: £70,000
sale date: 22 May 2015
rooms: 2
size: 431 sq ft
sale price: £56,000
sale date: 23 May 2008
rooms: 2
size: 441 sq ft
sale price: £63,000
sale date: 13 Sep 2006

Data Sources

The property at Apartment 3, 547 Newark Road, Lincoln, LN6 8RY appears five times in the Land Registry records, with the latest transaction recorded on 9 May 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 1 Nov 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.