2 Nottingham Terrace

    2, NOTTINGHAM TERRACE, LINCOLN, LN2 5JA

    This terraced freehold property on Nottingham Terrace last sold in January 2023 for £166,000. Based on price growth in the LN2 district since then, its estimated current value is £196,583 — placing it in the 24th percentile nationally and the 35th percentile within LN2. The property covers 81 m² (872 sq ft), giving an estimated value of £2,427 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £166,000

    Jan 2023

    Estimated Valuation

    £196,583

    Est. £/sq ft

    £225/sq ft

    £2,427/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area872 sq ft (81 m²)
    EPC dateFeb 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Jan 2023

    £166,000

    31 Jul 2015

    £123,500

    2 Mar 2012

    £117,000

    20 May 2005

    £30,000

    23 May 1997

    £32,000

    Key Metrics

    Estimated valuation£196,583
    Value per sq ft / m²£225/sq ft (£2,427/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN2 district percentile35th percentile
    National percentile24th 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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