40 Florence Street

    40, FLORENCE STREET, LINCOLN, LN2 5LR

    This terraced freehold property on Florence Street last sold in October 2022 for £106,000. Based on price growth in the LN2 district since then, its estimated current value is £119,226 — placing it in the 7th percentile nationally and the 7th percentile within LN2. The property covers 83 m² (893 sq ft), giving an estimated value of £1,436 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £106,000

    Oct 2022

    Estimated Valuation

    £119,226

    Est. £/sq ft

    £133/sq ft

    £1,436/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateJan 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Oct 2022

    £106,000

    14 Aug 2009

    £53,000

    15 Feb 1999

    £28,000

    Key Metrics

    Estimated valuation£119,226
    Value per sq ft / m²£133/sq ft (£1,436/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN2 district percentile7th percentile
    National percentile7th 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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