Gorse Hill Bungalow Gorse Hill Lane

    GORSE HILL BUNGALOW, GORSE HILL LANE, WELLINGORE, LINCOLN, LN5 0BY

    This detached freehold property on Gorse Hill Lane last sold in June 2021 for £420,000. Based on price growth in the LN5 district since then, its estimated current value is £454,317 — placing it in the 74th percentile nationally and the 91st percentile within LN5. The property covers 163 m² (1,755 sq ft), giving an estimated value of £2,787 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,755 sq ft

    163 m²

    Last Sale Price

    £420,000

    Jun 2021

    Estimated Valuation

    £454,317

    Est. £/sq ft

    £259/sq ft

    £2,787/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms7
    Main fueloil (not community)
    EPC currentE
    EPC potentialC
    Floor area1,755 sq ft (163 m²)
    EPC dateOct 2024
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    25 Jun 2021

    £420,000

    21 Mar 2007

    £320,100

    Key Metrics

    Estimated valuation£454,317
    Value per sq ft / m²£259/sq ft (£2,787/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN5 district percentile91st percentile
    National percentile74th percentile

    Other Properties on Gorse Hill Lane

    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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