Apartment 8, 547 Newark Road, Lincoln, LN6 8RY is a leasehold flat built between 1900-1929. The property offers approximately 301 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 £103,124 , which equates to approximately £342 per square foot. It was last sold on 9 May 2014 for £78,000. Since then, the value has increased by £25,124, representing a 32.2% increase, or approximately 2.8% per year.

The current estimated value of £103,124 is:

  • 61.9% lower than the average property price on Newark Road
  • 70.0% lower than the average in the LN6 8RY postcode area
  • and 55.1% lower than the average price for Lincoln as a whole

View sold house prices in LN6 8RY

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
301 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£103,124
Price Per sq ft (estimate)
£342
Bedroom Count (estimate)
1 bedroom

EPC Summary

Apartment 8, 547 Newark Road, Lincoln, Lincolnshire, LN6 8RY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 23 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 20 Oct 2008, when the property was rated B. The current rating of D reflects a decline in energy efficiency of 28.9%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, insulated at rafters to pitched, no insulation (assumed), changing energy efficiency from good to very poor.
  • The wall construction or insulation changed from solid brick, as built, insulated (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The windows were upgraded from fully double glazed to partial double glazing.
  • The lighting was updated from no low energy lighting to low energy lighting in 40% 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
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Partial double glazing
Poor
Lighting
Low energy lighting in 40% of fixed outlets
Average

Compared to LN6 8RY

19 th / 19
Price Rank
70% lower than average
12 th / 13
Size Rank
77% smaller than average
4 th / 13
Price Per Sq FT Rank
32% higher than average

Compared to other properties in LN6 8RY , this flat's estimated value ranks 19th out of 19. Based on price per square foot, it ranks 4th 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 12th out of 13 properties in its postcode area.

Sale History

Today
£103,124
streetscan.co.uk estimate
+32 %
9 May 2014
£78,000
Leasehold
+4 %
14 Dec 2004
£75,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Apartment 9, 547 Newark Road, Lincoln, LN6 8RY
rooms: 2
size: 301 sq ft
sale price: £73,000
sale date: 27 Jan 2005

Data Sources

The property at Apartment 8, 547 Newark Road, Lincoln, LN6 8RY appears two times in the Land Registry records, with the latest transaction recorded on 9 May 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 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.
↑