16 Drake Street, Lincoln, LN1 1PP is a freehold terraced property built before 1900. The property offers approximately 850 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £237,931 , which equates to approximately £280 per square foot. It was last sold on 30 Apr 2004 for £120,000. Since then, the value has increased by £117,931, representing a 98.3% increase, or approximately 4.5% per year.

The current estimated value of £237,931 is:

  • 28.7% higher than the average property price on Drake Street
  • 25.5% higher than the average in the LN1 1PP postcode area
  • and 1.1% lower than the average price for Lincoln as a whole

View sold house prices in LN1 1PP

Building approximate location

About Property

Type
Terraced House
Built
before 1900
Interior Size
850 sq ft
Tenure
Freehold
Price (estimate)
£237,931
Price Per sq ft (estimate)
£280
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16 Drake Street, Lincoln, Lincolnshire, LN1 1PP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 6 Nov 2018.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Nov 2008, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 39.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from very poor to good.
  • The roof construction or insulation changed from pitched, limited insulation (assumed) to pitched, no insulation, with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 90% of fixed outlets
Very Good

Compared to LN1 1PP

3 rd / 38
Price Rank
25% higher than average
18 th / 35
Size Rank
3% smaller than average
4 th / 35
Price Per Sq FT Rank
29% higher than average

Compared to other properties in LN1 1PP , this house's estimated value ranks 3rd out of 38. Based on price per square foot, it ranks 4th out of 35 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 18th out of 35 properties in its postcode area.

Sale History

Today
£237,931
streetscan.co.uk estimate
+98 %
30 Apr 2004
£120,000
Leasehold
+242.9 %
30 Apr 1997
£35,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 893 sq ft
sale price: £155,000
sale date: 12 Oct 2022
rooms: 5
size: 861 sq ft
sale price: £184,000
sale date: 21 Aug 2019
rooms: 5
size: 840 sq ft
sale price: £149,950
sale date: 21 May 2019
rooms: 5
size: 936 sq ft
sale price: £162,500
sale date: 18 Jan 2018
rooms: 4
size: 753 sq ft
sale price: £120,625
sale date: 15 Dec 2015

Data Sources

The property at 16 Drake Street, Lincoln, LN1 1PP appears two times in the Land Registry records, with the latest transaction recorded on 30 Apr 2004. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Nov 2018. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.