24 Drake Street, Lincoln, LN1 1PP is a freehold terraced property built between 1900-1929. The property offers approximately 1,216 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £196,023 , which equates to approximately £161 per square foot. It was last sold on 22 Feb 2017 for £137,500. Since then, the value has increased by £58,523, representing a 42.6% increase, or approximately 4.8% per year.

The current estimated value of £196,023 is:

  • 6.1% higher than the average property price on Drake Street
  • 3.4% higher than the average in the LN1 1PP postcode area
  • and 18.5% 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
1900-1929
Interior Size
1216 sq ft
Tenure
Freehold
Price (estimate)
£196,023
Price Per sq ft (estimate)
£161
Bedroom Count (estimate)
4 bedrooms

EPC Summary

24 Drake Street, Lincoln, Lincolnshire, LN1 1PP has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 2 May 2017.

This property uses an LPG-fired boiler with radiators 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 26 Feb 2009. The rating of E remains the same, but the energy efficiency score improved by 15.4%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to boiler and radiators, lpg, changing energy efficiency from good to poor.
  • The roof construction or insulation changed from pitched, no insulation (assumed) to pitched, insulated at rafters, improving energy efficiency from very poor to good.
  • The wall energy efficiency improving from very poor to poor, with the construction or insulation remaining solid brick, as built, no insulation (assumed).
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, LPG
Poor
Hot Water
From main system
Good
Roof
Pitched, insulated at rafters
Good
Walls
Solid brick, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LN1 1PP

27 th / 38
Price Rank
3% higher than average
4 th / 35
Size Rank
39% bigger than average
33 rd / 35
Price Per Sq FT Rank
25% lower than average

Compared to other properties in LN1 1PP , this house's estimated value ranks 27th out of 38. Based on price per square foot, it ranks 33th out of 35 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 4th out of 35 properties in its postcode area.

Sale History

Today
£196,023
streetscan.co.uk estimate
+43 %
22 Feb 2017
£137,500
Leasehold
+497.8 %
27 Mar 1998
£23,000
Leasehold

Area Insights

Similar Properties Sold Nearby

35 Drake Street, Lincoln, LN1 1PP
rooms: 7
size: 1259 sq ft
sale price: £221,036
sale date: 17 Jun 2022
6 Drake Street, Lincoln, LN1 1PP
rooms: 7
size: 1130 sq ft
sale price: £132,000
sale date: 30 Mar 2016
2 Drake Street, Lincoln, LN1 1PP
rooms: 6
size: 1163 sq ft
sale price: £129,950
sale date: 27 Feb 2015

Data Sources

The property at 24 Drake Street, Lincoln, LN1 1PP appears two times in the Land Registry records, with the latest transaction recorded on 22 Feb 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 May 2017. 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.
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