40 Fairfax Street

    40, FAIRFAX STREET, LINCOLN, LN5 8NR

    This terraced freehold property on Fairfax Street last sold in October 2014 for £140,000. Based on price growth in the LN5 district since then, its estimated current value is £190,961 — placing it in the 22nd percentile nationally and the 48th percentile within LN5. The property covers 112 m² (1,206 sq ft), giving an estimated value of £1,705 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,206 sq ft

    112 m²

    Last Sale Price

    £140,000

    Oct 2014

    Estimated Valuation

    £190,961

    Est. £/sq ft

    £158/sq ft

    £1,705/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,206 sq ft (112 m²)
    EPC dateDec 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Oct 2014

    £140,000

    17 May 2006

    New build

    £58,500

    Key Metrics

    Estimated valuation£190,961
    Value per sq ft / m²£158/sq ft (£1,705/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN5 district percentile48th percentile
    National percentile22nd 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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