Apartment 56, Olsen Court Olsen Rise, Lincoln, LN2 4UZ is a leasehold flat built in 2007 onwards. The property offers approximately 689 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £130,902 , which equates to approximately £190 per square foot. It was last sold on 14 May 2021 for £128,500. Since then, the value has increased by £2,402, representing a 1.9% increase, or approximately 0.4% per year.

The current estimated value of £130,902 is:

  • 8.2% lower than the average property price on Olsen Rise
  • 0.9% higher than the average in the LN2 4UZ postcode area
  • and 43.1% lower than the average price for Lincoln as a whole

At the most recent EPC inspection on 7 November 2019, the property was recorded as owner-occupied.

View sold house prices in LN2 4UZ

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
689 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£130,902
Price Per sq ft (estimate)
£190
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Apartment 56, Olsen Court Olsen Rise, Lincoln, Lincolnshire, LN2 4UZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 7 Nov 2019.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 24 Mar 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 7.7%.

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, off-peak to electric immersion, standard tariff, with its energy efficiency improving from n/a to very poor.
  • The roof construction or insulation changed from average thermal transmittance = 0.14 w/m?k to pitched, insulated (assumed), changing energy efficiency from very good to good.
  • The wall construction or insulation changed from average thermal transmittance = 0.25 w/m?k to cavity wall, as built, insulated (assumed), changing energy efficiency from very good to 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
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, insulated (assumed)
Good
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 4UZ

12 th / 12
Price Rank
1% higher than average
4 th / 11
Size Rank
0% same size than average
11 th / 11
Price Per Sq FT Rank
0% same as average

Compared to other properties in LN2 4UZ , this flat's estimated value ranks 12th out of 12. Based on price per square foot, it ranks 11th out of 11 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 4th out of 11 properties in its postcode area.

Sale History

Today
£130,902
streetscan.co.uk estimate
+2 %
14 May 2021
£128,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 700 sq ft
sale price: £115,000
sale date: 8 Nov 2024
rooms: 3
size: 678 sq ft
sale price: £133,000
sale date: 20 Oct 2023
rooms: 3
size: 753 sq ft
sale price: £140,000
sale date: 14 Jun 2023
rooms: 3
size: 689 sq ft
sale price: £128,500
sale date: 10 Jan 2023
rooms: 3
size: 678 sq ft
sale price: £120,000
sale date: 23 Sep 2019

Data Sources

The property at Apartment 56, Olsen Court Olsen Rise, Lincoln, Lincolnshire, LN2 4UZ appears once in the Land Registry records, with the transaction recorded on 14 May 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Nov 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.


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