2 Springfield Close

    2, SPRINGFIELD CLOSE, LINCOLN, LN1 3ET

    This terraced leasehold property on Springfield Close last sold in July 2022 for £195,000. Based on price growth in the LN1 district since then, its estimated current value is £190,190 — placing it in the 22nd percentile nationally and the 35th percentile within LN1. The property covers 72 m² (775 sq ft), giving an estimated value of £2,642 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    775 sq ft

    72 m²

    Last Sale Price

    £195,000

    Jul 2022

    Estimated Valuation

    £190,190

    Est. £/sq ft

    £245/sq ft

    £2,642/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area775 sq ft (72 m²)
    EPC dateMar 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jul 2022

    £195,000

    15 Jun 2018

    £150,000

    4 Jul 2005

    £115,000

    Key Metrics

    Estimated valuation£190,190
    Value per sq ft / m²£245/sq ft (£2,642/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN1 district percentile35th percentile
    National percentile22nd percentile

    District Context — LN1

    LN1 covers Lincoln city centre and its immediate surroundings in the East Midlands. It is a historic cathedral city with a mixed residential and commercial character, offering heritage appeal alongside student accommodation and urban living.

    Average Property Price - LN1

    £252,706

    28

    National percentile

    Average Net Household Income - LN1

    £35,419

    34

    National percentile

    10-Year Annualised Price Growth - LN1

    3.2%

    36

    National percentile

    10-Year Annualised Rent Growth - LN

    4.2%

    64

    National percentile

    View full analysis for LN1

    More properties in LN1

    Streets in LN1

    Explore nearby