3 Palmer Road

    3, PALMER ROAD, LINCOLN, LN2 1BH

    This detached freehold property on Palmer Road last sold in December 2020 for £440,000. Based on price growth in the LN2 district since then, its estimated current value is £482,287 — placing it in the 77th percentile nationally and the 93rd percentile within LN2. The property covers 163 m² (1,755 sq ft), giving an estimated value of £2,959 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,755 sq ft

    163 m²

    Last Sale Price

    £440,000

    Dec 2020

    Estimated Valuation

    £482,287

    Est. £/sq ft

    £275/sq ft

    £2,959/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2007 onwards
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,755 sq ft (163 m²)
    EPC dateMay 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Dec 2020

    £440,000

    27 May 2011

    New build

    £374,995

    Key Metrics

    Estimated valuation£482,287
    Value per sq ft / m²£275/sq ft (£2,959/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN2 district percentile93rd percentile
    National percentile77th percentile

    District Context — LN2

    LN2 covers central Lincoln and its immediate suburbs, positioned in the East Midlands. The area combines historic character with a mix of residential neighbourhoods, serving as the city's core commercial and residential hub.

    Average Property Price - LN2

    £267,101

    33

    National percentile

    Average Net Household Income - LN2

    £37,503

    46

    National percentile

    10-Year Annualised Price Growth - LN2

    4.0%

    65

    National percentile

    10-Year Annualised Rent Growth - LN

    4.2%

    64

    National percentile

    View full analysis for LN2

    More properties in LN2

    Streets in LN2

    Explore nearby