49 Drake Street, Lincoln, LN1 1PP is a freehold semi-detached property built between 1991-1995. The property offers approximately 893 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £234,579 , which equates to approximately £263 per square foot. It was last sold on 5 Sep 2022 for £226,000. Since then, the value has increased by £8,579, representing a 3.8% increase, or approximately 1.2% per year.

The current estimated value of £234,579 is:

  • 26.9% higher than the average property price on Drake Street
  • 23.7% higher than the average in the LN1 1PP postcode area
  • and 2.5% lower than the average price for Lincoln as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 13 April 2022, the property was recorded as owner-occupied.

View sold house prices in LN1 1PP

Building approximate location

About Property

Type
Semi-Detached House
Built
1991-1995
Interior Size
893 sq ft
Tenure
Freehold
Price (estimate)
£234,579
Price Per sq ft (estimate)
£263
Bedroom Count (estimate)
3 bedrooms

EPC Summary

49 Drake Street, Lincoln, Lincolnshire, LN1 1PP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 13 Apr 2022.

This property is heated by an air source heat pump and radiators. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Jun 2013, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 22.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to air source heat pump, radiators, electric, improving energy efficiency from poor to very good.
  • The hot water system was changed from electric immersion, off-peak to from main system, no cylinder thermostat, with its energy efficiency changing from average to very poor.
  • The roof construction or insulation changed from pitched, 75 mm loft insulation to pitched, 200 mm loft insulation, improving energy efficiency from average to good.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Air source heat pump, radiators, electric
Very Good
Hot Water
From main system, no cylinder thermostat
Very Poor
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LN1 1PP

5 th / 38
Price Rank
24% higher than average
11 th / 35
Size Rank
2% bigger than average
11 th / 35
Price Per Sq FT Rank
21% higher than average

Compared to other properties in LN1 1PP , this house's estimated value ranks 5th out of 38. Based on price per square foot, it ranks 11th 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 11th out of 35 properties in its postcode area.

Sale History

Today
£234,579
streetscan.co.uk estimate
+4 %
5 Sep 2022
£226,000
Leasehold
+80.8 %
22 Dec 2016
£125,000
Leasehold
+150.1 %
16 Jan 2003
£49,975
Leasehold
+132.4 %
26 Mar 1997
£21,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 872 sq ft
sale price: £165,000
sale date: 26 Jul 2019
rooms: 4
size: 807 sq ft
sale price: £55,950
sale date: 13 Sep 2002

Data Sources

The property at 49 Drake Street, Lincoln, LN1 1PP appears four times in the Land Registry records, with the latest transaction recorded on 5 Sep 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Apr 2022. 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.