4 Reed Drive

    4, REED DRIVE, LINCOLN, LN2 4FZ

    This flat/maisonette leasehold property on Reed Drive last sold in May 2015 for £103,000. Based on price growth in the LN2 district since then, its estimated current value is £131,775 — placing it in the 9th percentile nationally and the 10th percentile within LN2. The property covers 56 m² (603 sq ft), giving an estimated value of £2,353 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    603 sq ft

    56 m²

    Last Sale Price

    £103,000

    May 2015

    Estimated Valuation

    £131,775

    Est. £/sq ft

    £219/sq ft

    £2,353/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (community)
    EPC currentD
    EPC potentialC
    Floor area603 sq ft (56 m²)
    EPC dateMay 2026
    WallsCavity wall, as built, insulated (assumed)
    HeatingCommunity scheme

    Transaction History

    21 May 2015

    £103,000

    31 Aug 2011

    £90,000

    22 Feb 2010

    New build

    £89,200

    Key Metrics

    Estimated valuation£131,775
    Value per sq ft / m²£219/sq ft (£2,353/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN2 district percentile10th percentile
    National percentile9th 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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