16 New Park Place

    16, NEW PARK PLACE, LINCOLN, LN2 4ZL

    This terraced freehold property on New Park Place last sold in April 2023 for £194,995. Based on price growth in the LN2 district since then, its estimated current value is £230,920 — placing it in the 32nd percentile nationally and the 46th percentile within LN2. The property covers 50 m² (538 sq ft), giving an estimated value of £4,618 per m². The EPC rating is B, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £194,995

    Apr 2023

    Estimated Valuation

    £230,920

    Est. £/sq ft

    £429/sq ft

    £4,618/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction age2022
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area538 sq ft (50 m²)
    EPC dateDec 2022
    WallsAverage thermal transmittance 0.25 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Apr 2023

    New build

    £194,995

    Key Metrics

    Estimated valuation£230,920
    Value per sq ft / m²£429/sq ft (£4,618/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN2 district percentile46th percentile
    National percentile32nd 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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