7 Mill Lane

    7, MILL LANE, LINCOLN, LINCOLN, LN5 7QN

    This terraced freehold property on Mill Lane last sold in March 2008 for £110,000. Based on price growth in the LN5 district since then, its estimated current value is £162,158 — placing it in the 15th percentile nationally and the 37th percentile within LN5. The property covers 58 m² (624 sq ft), giving an estimated value of £2,796 per m². The EPC rating is C, with a potential rating of A.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £110,000

    Mar 2008

    Estimated Valuation

    £162,158

    Est. £/sq ft

    £260/sq ft

    £2,796/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialA
    Floor area624 sq ft (58 m²)
    EPC dateOct 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Mar 2008

    New build

    £110,000

    Key Metrics

    Estimated valuation£162,158
    Value per sq ft / m²£260/sq ft (£2,796/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN5 district percentile37th percentile
    National percentile15th percentile

    District Context — LN5

    LN5 covers parts of central and south Lincolnshire, including areas around Lincoln and the surrounding districts. It is a mixed market with strong student and young professional presence alongside traditional residential communities.

    Average Property Price - LN5

    £239,947

    25

    National percentile

    Average Net Household Income - LN5

    £35,074

    32

    National percentile

    10-Year Annualised Price Growth - LN5

    4.6%

    82

    National percentile

    10-Year Annualised Rent Growth - LN

    4.2%

    64

    National percentile

    View full analysis for LN5

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