Flat, 94 Newark Road, Lincoln, LN5 8QA is a freehold terraced property built between 1950-1966. The property offers approximately 624 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £165,562 , which equates to approximately £265 per square foot. It was last sold on 25 Sep 2014 for £110,000. Since then, the value has increased by £55,562, representing a 50.5% increase, or approximately 4.5% per year.

The current estimated value of £165,562 is:

  • 38.9% lower than the average property price on Newark Road
  • 23.6% higher than the average in the LN5 8QA postcode area
  • and 28.0% lower than the average price for Lincoln as a whole

View sold house prices in LN5 8QA

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
624 sq ft
Tenure
Freehold
Floor level
1st floor
Price (estimate)
£165,562
Price Per sq ft (estimate)
£265
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat, 94 Newark Road, Lincoln, Lincolnshire, LN5 8QA has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 19 Dec 2019.

This property uses an electric boiler with radiators 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 10 Apr 2013, when the property was rated G. Since then, the rating has improved to E, with the energy efficiency score increasing by 390%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 300 mm loft insulation, with no change in energy efficiency (very good).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in 73% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 73% of fixed outlets
Very Good

Compared to LN5 8QA

6 th / 17
Price Rank
24% higher than average
13 th / 14
Size Rank
17% smaller than average
2 nd / 14
Price Per Sq FT Rank
49% higher than average

Compared to other properties in LN5 8QA , this flat's estimated value ranks 6th out of 17. Based on price per square foot, it ranks 2nd out of 14 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 13th out of 14 properties in its postcode area.

Sale History

Today
£165,562
streetscan.co.uk estimate
+51 %
25 Sep 2014
£110,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 646 sq ft
sale price: £85,000
sale date: 28 Oct 2015
rooms: 3
size: 538 sq ft
sale price: £110,000
sale date: 1 Aug 2024
rooms: 5
size: 667 sq ft
sale price: £75,000
sale date: 25 Apr 2024
rooms: 4
size: 624 sq ft
sale price: £132,000
sale date: 19 Dec 2022
rooms: 3
size: 700 sq ft
sale price: £130,000
sale date: 4 Mar 2022

Data Sources

The property at Flat, 94 Newark Road, Lincoln, Lincolnshire, LN5 8QA appears once in the Land Registry records, with the transaction recorded on 25 Sep 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 19 Dec 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.