2 Princess Royal Close

    2, PRINCESS ROYAL CLOSE, LINCOLN, LINCOLN, LN2 5RX

    This detached freehold property on Princess Royal Close last sold in May 2005 for £280,000. Based on price growth in the LN2 district since then, its estimated current value is £480,586 — placing it in the 77th percentile nationally and the 93rd percentile within LN2. The property covers 104 m² (1,119 sq ft), giving an estimated value of £4,621 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,119 sq ft

    104 m²

    Last Sale Price

    £280,000

    May 2005

    Estimated Valuation

    £480,586

    Est. £/sq ft

    £429/sq ft

    £4,621/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,119 sq ft (104 m²)
    EPC dateFeb 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 May 2005

    £280,000

    26 Apr 1996

    New build

    £59,950

    Key Metrics

    Estimated valuation£480,586
    Value per sq ft / m²£429/sq ft (£4,621/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN2 district percentile93rd percentile
    National percentile77th 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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