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Sold: $979,000

Sold on 2024 Year 2024 Month 10 Day 24

122 Faulks Drive, Lincoln, Selwyn

4
211m2
634m2

Nestled on a level plot at 122 Faulks Drive, Lincoln, Selwyn, this residential vacant land boasts a freehold title, offering a serene environment in a quiet cul-de-sac. While the specifics of the wall and roof construction remain unknown, the potential for development is immense with a land area of 634 square meters. The property's capital value as of September 2021 stands at $460,000, setting a solid foundation for future growth.

History shows a promising trend with the latest sale recorded on October 24, 2024, at $979,000. The HouGarden AVM estimates the property's value at $422,500, indicating a significant capital value increase percentage that's sure to catch the eye of investors.

For families with educational concerns, this property falls within the zones of highly regarded schools. Villa Maria College, a secondary school with a decile rating of 9, Lincoln Primary School, a full primary with a decile 10 rating, and Lincoln High School, another secondary school with a perfect decile score of 10, are among the prestigious institutions in the area.

Updated on December 11, 2024

Council Data

Last update : 2025 02 19
Improvement value$570,000Increased by 35% from year 2021
Land value$390,000Reduced by -15% from year 2021
CV(Year 2024 Month 09)$960,000Increased by 9% from year 2021
View typeNo appreciable view
ContourLevel
Land area634m²
Floor area211m²
Decade of construction2024
Title1054009
Type of titleFreehold
Legal descriptionLOT 46 DP 575090
CouncilSelwyn
Estate descriptionFSIM,1/1,LOT 46 DEPOSITED PLAN 575090,634m2
ConstructionExternal Walls: Mixed Materials
Roof: Iron
ConditionExternal Walls: Good
Roof: Good
ZoningLiving Z

Similar Properties

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Decile
Lincoln High School
1.34 km
Secondary
9-15
Government
Co-Educational
EQI: 420
10
Lincoln Primary School
1.43 km
Primary
1-8
Government
Co-Educational
EQI: 399
10
Aidanfield Christian School
9.27 km
Combined
1-13
Government
Co-Educational
EQI: 377
8
St Thomas of Canterbury College
11.36 km
Secondary
7-15
Government
Single Sex-Boys
EQI: 427
8
Middleton Grange School
11.94 km
Combined
1-13
Government
Co-Educational
EQI: 406
9
Villa Maria College
12.31 km
Secondary
7-15
Government
Single Sex-Girls
EQI: 407
9
Christchurch Adventist School
16.95 km
Combined
1-13
Government
Co-Educational
EQI: 438
5

Property history

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For developers

Unitary plan:Living Z
Land:634m²
Title:Freehold

Faulks Drive Neighborhood and Surrounding Data

Mortgage

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
124 Faulks Drive, Lincoln
0.02 km
4
199m2
Year 2024 Month 12 Day 19
$969,000
Council approved
0.04 km
3
174m2
Year 2024 Month 11 Day 18
$849,000
Council approved
0.06 km
3
181m2
Year 2024 Month 11 Day 07
$889,000
Council approved
0.06 km
2
114m2
Year 2024 Month 09 Day 30
$665,000
Council approved
112b Faulks Drive, Lincoln
0.06 km
2
116m2
Year 2024 Month 09 Day 13
$660,000
Council approved

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