Ploughmans Lane, Lincoln, LN2
NE

Ploughmans Lane, Lincoln, LN2

By Newton Fallowell

£ 450,000

Reviews

4 out of 5 stars

Newton Fallowell says ..

The three storey FIVE bedroom detached family home is located in the popular area of CARLTON BOULEVARD. Perfectly positioned within walking distance of Carlton Centre, schools and a host other amenities. Internally the accommodation comprises of Entrance Hall, WC, 25ft Kitchen Dine...

Property Oracle says ..

This property is a 5 bedroom, 4 bathroom detached house located in Lincoln, Lincolnshire. It is listed at £450,000 and has 1,844 sqft of living space and a 1,994 sqft plot.

The property appears to be in excellent condition. The images show a well-maintained and recently decorated interior. All rooms are clean and tidy, suggesting the property has been well cared for. There is no visible evidence of damage or disrepair. The kitchen and bathrooms are modern and updated. The garden is also well-maintained with a patio area.

The property benefits from a good location, close to several schools including Lincoln Carlton Academy which has an Outstanding Ofsted rating. The proximity to Lincoln city centre and transport links (East Midlands Railway is 5.25 KM away) adds to its appeal. The presence of a garden further enhances its desirability.

Considering the average house price in the area is £340,786 and the average price per sqft is £380, this property, at £450,000, is priced above average. However, given its size (1,844 sqft), condition, and desirable location with a garden, the asking price appears reasonable, although perhaps slightly on the higher end of the market. The higher price point is likely justified by the superior condition of the property and its larger plot size compared to other properties in the area. Further analysis of comparable properties with similar features would provide a more definitive conclusion on the price.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
9
Location
8
Land
8
Bedrooms
5
Bathrooms
4
Sqft (est)
1,844.00
Lot (est)
1,994.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
350,323.00 £
Decreased by 1.18 %
from 354,508.00 £
Est sale value
794,764.00 £
Increased by 20.73 %
from 658,308.00 £
Average area rental value
1,334.00 £/mo
Decreased by 2.49 %
from 1,368.00 £/mo
Est letting value
1,844.00 £/mo
Unchanged by 0.00 %
from 1,844.00 £/mo
Est rental Yield
4.57 %
Decreased by 1.30 %
from 4.63 %
Crime Rate
11.00 %
Unchanged by 0.00 %
from 11.00 %

Agent Activity

  • Newton Fallowell created the listing.

Nearby Schools

NameTypeOfstedDistance
Lincoln Carlton AcademyAcademy Sponsor LedOutstanding0.26 KM
St Giles AcademyAcademy Sponsor Led2.29 KM
The Lincoln St Giles Nursery SchoolLocal Authority Nursery SchoolOutstanding2.39 KM
The Nettleham Church Of England Voluntary Aided Junior SchoolVoluntary Aided SchoolGood2.43 KM
Springwell Alternative Academy LincolnFree Schools Alternative Provision2.54 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Hawthorn Road £ 475,00000.00 KM
Limewoods Way £ 230,00000.00 KM
Kirstall Close £ 000.00 KM
Lincoln Eastern Bypass £ 000.00 KM
Gibson Road £ 339,05500.00 KM

Nearby Transport

NameNLCTLCDistance
Lincoln6340LCN5.25 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ploughmans Lane, Lincoln £ 250,000BUY7 / 100.00 KM
Ploughmans Lane, Lincoln, LN2 £ 450,000BUY8 / 100.00 KM
2 Ploughmans Walk, Carlton Boulevard, Lincoln, LN2 4NH £ 385,000BUY8 / 100.08 KM
St. Augustine Road, Lincoln, LN2 £ 222,000BUYUnknown0.13 KM
St. Augustine Road, Lincoln, LN2 £ 212,000BUYUnknown0.13 KM

Nearby Properties

AddressPriceDistance
1 Ploughmans Lane £ 375,0000.00 KM
2 Ploughmans Lane £ 153,0000.00 KM
3 Ploughmans Lane £ 270,0000.00 KM
4 Ploughmans Lane £ 195,0000.00 KM
5 Ploughmans Lane £ 165,5000.00 KM