8 The Cloisters

    8, THE CLOISTERS, WELTON, LINCOLN, LN2 3FN

    This detached freehold property on The Cloisters last sold in November 2024 for £550,000. Based on price growth in the LN2 district since then, its estimated current value is £532,090 — placing it in the 81st percentile nationally and the 95th percentile within LN2. The property covers 144 m² (1,550 sq ft), giving an estimated value of £3,695 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,550 sq ft

    144 m²

    Last Sale Price

    £550,000

    Nov 2024

    Estimated Valuation

    £532,090

    Est. £/sq ft

    £343/sq ft

    £3,695/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2024
    Habitable roomsNot available
    Main fuelElectricity: electricity, unspecified tariff
    EPC currentB
    EPC potentialB
    Floor area1,550 sq ft (144 m²)
    EPC dateMay 2024
    WallsAverage thermal transmittance 0.15 W/m
    HeatingAir source heat pump, radiators and underfloor, electric

    Transaction History

    7 Nov 2024

    £550,000

    Key Metrics

    Estimated valuation£532,090
    Value per sq ft / m²£343/sq ft (£3,695/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN2 district percentile95th percentile
    National percentile81st 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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