8 Drake Street, Lincoln, LN1 1PP is a freehold semi-detached property built between 1930-1949. The property offers approximately 807 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 £157,968 , which equates to approximately £196 per square foot. It was last sold on 13 Sep 2002 for £55,950. Since then, the value has increased by £102,018, representing a 182.3% increase, or approximately 7.8% per year.

The current estimated value of £157,968 is:

  • 14.5% lower than the average property price on Drake Street
  • 16.7% lower than the average in the LN1 1PP postcode area
  • and 34.4% 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
1930-1949
Interior Size
807 sq ft
Tenure
Freehold
Price (estimate)
£157,968
Price Per sq ft (estimate)
£196
Bedroom Count (estimate)
2 bedrooms

EPC Summary

8 Drake Street, Lincoln, Lincolnshire, LN1 1PP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 20 Feb 2019.

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 4 Mar 2009, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 24.5%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from gas multipoint to from main system, with its energy efficiency improving from average to good.
  • The lighting was updated from low energy lighting in 22% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to LN1 1PP

36 th / 38
Price Rank
17% lower than average
30 th / 35
Size Rank
8% smaller than average
26 th / 35
Price Per Sq FT Rank
9% lower than average

Compared to other properties in LN1 1PP , this house's estimated value ranks 36th out of 38. Based on price per square foot, it ranks 26th 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 30th out of 35 properties in its postcode area.

Sale History

Today
£157,968
streetscan.co.uk estimate
+182 %
13 Sep 2002
£55,950
Leasehold
0 %
3 Jul 2002
£55,950
Leasehold

Area Insights

Similar Properties Sold Nearby

49 Drake Street, Lincoln, LN1 1PP
rooms: 5
size: 893 sq ft
sale price: £226,000
sale date: 5 Sep 2022
43 Drake Street, Lincoln, LN1 1PP
rooms: 4
size: 872 sq ft
sale price: £165,000
sale date: 26 Jul 2019

Data Sources

The property at 8 Drake Street, Lincoln, LN1 1PP appears two times in the Land Registry records, with the latest transaction recorded on 13 Sep 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Feb 2019. 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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