1 Reed Lane

    1, REED LANE, WELTON, LINCOLN, LN2 3DU

    This detached freehold property on Reed Lane last sold in June 2021 for £375,000. Based on price growth in the LN2 district since then, its estimated current value is £386,373 — placing it in the 65th percentile nationally and the 84th percentile within LN2. The property covers 126 m² (1,356 sq ft), giving an estimated value of £3,066 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,356 sq ft

    126 m²

    Last Sale Price

    £375,000

    Jun 2021

    Estimated Valuation

    £386,373

    Est. £/sq ft

    £285/sq ft

    £3,066/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2015
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,356 sq ft (126 m²)
    EPC dateMay 2021
    WallsAverage thermal transmittance 0.26 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Jun 2021

    New build

    £375,000

    Key Metrics

    Estimated valuation£386,373
    Value per sq ft / m²£285/sq ft (£3,066/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN2 district percentile84th percentile
    National percentile65th 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

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