Apartment 7, 547 Newark Road, Lincoln, LN6 8RY is a leasehold flat built between 1930-1949. The property offers approximately 538 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 £145,921 , which equates to approximately £271 per square foot. It was last sold on 26 Mar 2024 for £142,500. Since then, the value has increased by £3,421, representing a 2.4% increase, or approximately 1.4% per year.

The current estimated value of £145,921 is:

  • 46.2% lower than the average property price on Newark Road
  • 57.5% lower than the average in the LN6 8RY postcode area
  • and 36.5% lower than the average price for Lincoln as a whole

At the most recent EPC inspection on 22 November 2018, the property was recorded as owner-occupied.

View sold house prices in LN6 8RY

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£145,921
Price Per sq ft (estimate)
£271
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 7, 547 Newark Road, Lincoln, Lincolnshire, LN6 8RY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 22 Nov 2018.

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 have partial double glazing.

The previous EPC assessment was conducted on 15 Oct 2008, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 46.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, no insulation (assumed) to (another dwelling above), changing energy efficiency from very poor to n/a.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to cavity wall, as built, no insulation (assumed), improving energy efficiency from very poor to poor.
  • The lighting was updated from no low energy lighting to low energy lighting in 43% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in 43% of fixed outlets
Average

Compared to LN6 8RY

18 th / 19
Price Rank
57% lower than average
10 th / 13
Size Rank
59% smaller than average
5 th / 13
Price Per Sq FT Rank
4% higher than average

Compared to other properties in LN6 8RY , this flat's estimated value ranks 18th out of 19. Based on price per square foot, it ranks 5th out of 13 properties. In terms of size, this home ranks 10th out of 13 properties in its postcode area.

Sale History

Today
£145,921
streetscan.co.uk estimate
+2 %
26 Mar 2024
£142,500
Leasehold
+8 %
7 Oct 2022
£132,000
Leasehold
+36.8 %
21 Jun 2019
£96,500
Leasehold
+20.6 %
26 Jun 2009
£80,000
Leasehold

Area Insights

Similar Properties Sold Nearby

6, The Rookery Newark Road, Lincoln, LN6 8RJ
rooms: 3
size: 614 sq ft
sale price: £110,000
sale date: 20 May 2024
2, The Rookery Newark Road, Lincoln, LN6 8RJ
rooms: 3
size: 549 sq ft
sale price: £115,000
sale date: 11 Apr 2024
5, Frank Swaby Court Newark Road, Lincoln, LN5 8RF
rooms: 2
size: 570 sq ft
sale price: £72,500
sale date: 11 Sep 2015
4, The Rookery Newark Road, Lincoln, LN6 8RJ
rooms: 3
size: 560 sq ft
sale price: £92,000
sale date: 31 Jul 2015

Data Sources

The property at Apartment 7, 547 Newark Road, Lincoln, LN6 8RY appears four times in the Land Registry records, with the latest transaction recorded on 26 Mar 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 22 Nov 2018. 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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