56 Fairfax Street

    56, FAIRFAX STREET, LINCOLN, LN5 8NR

    This flat/maisonette leasehold property on Fairfax Street last sold in August 2022 for £97,500. Based on price growth in the LN5 district since then, its estimated current value is £111,926 — placing it in the 5th percentile nationally and the 11th percentile within LN5. The property covers 57 m² (614 sq ft), giving an estimated value of £1,964 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    614 sq ft

    57 m²

    Last Sale Price

    £97,500

    Aug 2022

    Estimated Valuation

    £111,926

    Est. £/sq ft

    £182/sq ft

    £1,964/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentB
    EPC potentialB
    Floor area614 sq ft (57 m²)
    EPC dateFeb 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric, Room heaters, electric

    Transaction History

    9 Aug 2022

    £97,500

    17 Mar 2006

    New build

    £131,000

    Key Metrics

    Estimated valuation£111,926
    Value per sq ft / m²£182/sq ft (£1,964/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN5 district percentile11th percentile
    National percentile5th 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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