1 Welland Close

    1, WELLAND CLOSE, LINCOLN, LN2 4BE

    This detached freehold property on Welland Close last sold in December 2024 for £284,950. Based on price growth in the LN2 district since then, its estimated current value is £275,671 — placing it in the 44th percentile nationally and the 61st percentile within LN2. The property covers 86 m² (926 sq ft), giving an estimated value of £3,205 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    926 sq ft

    86 m²

    Last Sale Price

    £284,950

    Dec 2024

    Estimated Valuation

    £275,671

    Est. £/sq ft

    £298/sq ft

    £3,205/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2022
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area926 sq ft (86 m²)
    EPC dateOct 2024
    WallsAverage thermal transmittance 0.27 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Dec 2024

    New build

    £284,950

    Key Metrics

    Estimated valuation£275,671
    Value per sq ft / m²£298/sq ft (£3,205/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN2 district percentile61st percentile
    National percentile44th 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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