3 Drake Street, Lincoln, LN1 1PP is a freehold terraced property built between 1900-1929. The property offers approximately 818 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 £187,713 , which equates to approximately £229 per square foot. It was last sold on 26 Jun 2015 for £127,500. Since then, the value has increased by £60,213, representing a 47.2% increase, or approximately 4.5% per year.

The current estimated value of £187,713 is:

  • 1.6% higher than the average property price on Drake Street
  • 1.0% lower than the average in the LN1 1PP postcode area
  • and 22.0% lower than the average price for Lincoln as a whole

At the most recent EPC inspection on 31 August 2023, the property was recorded as rented.

View sold house prices in LN1 1PP

Building approximate location

About Property

Type
Terraced House
Built
1900-1929
Interior Size
818 sq ft
Tenure
Freehold
Price (estimate)
£187,713
Price Per sq ft (estimate)
£229
Bedroom Count (estimate)
2 bedrooms

EPC Summary

3 Drake Street, Lincoln, Lincolnshire, LN1 1PP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 31 Aug 2023.

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 11 Sep 2013, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 50%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from good to very 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 windows were upgraded from mostly double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very 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

12 th / 38
Price Rank
1% lower than average
25 th / 35
Size Rank
7% smaller than average
7 th / 35
Price Per Sq FT Rank
6% higher than average

Compared to other properties in LN1 1PP , this house's estimated value ranks 12th out of 38. Based on price per square foot, it ranks 7th 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 25th out of 35 properties in its postcode area.

Sale History

Today
£187,713
streetscan.co.uk estimate
+47 %
26 Jun 2015
£127,500
Leasehold
+8.5 %
31 Jul 2007
£117,500
Leasehold
+23.7 %
14 Jul 2003
£95,000
Leasehold

Area Insights

Similar Properties Sold Nearby

36 Drake Street, Lincoln, LN1 1PP
rooms: 5
size: 893 sq ft
sale price: £155,000
sale date: 12 Oct 2022
13 Drake Street, Lincoln, LN1 1PP
rooms: 5
size: 861 sq ft
sale price: £184,000
sale date: 21 Aug 2019
27 Drake Street, Lincoln, LN1 1PP
rooms: 5
size: 840 sq ft
sale price: £149,950
sale date: 21 May 2019
5 Drake Street, Lincoln, LN1 1PP
rooms: 5
size: 936 sq ft
sale price: £162,500
sale date: 18 Jan 2018
37 Drake Street, Lincoln, LN1 1PP
rooms: 5
size: 861 sq ft
sale price: £120,000
sale date: 10 Jul 2015

Data Sources

The property at 3 Drake Street, Lincoln, LN1 1PP appears three times in the Land Registry records, with the latest transaction recorded on 26 Jun 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 31 Aug 2023. 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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