16 Drake Street

    16, DRAKE STREET, LINCOLN, LINCOLN, LN1 1PP

    This terraced freehold property on Drake Street last sold in April 2004 for £120,000. Based on price growth in the LN1 district since then, its estimated current value is £194,058 — placing it in the 23rd percentile nationally and the 37th percentile within LN1. The property covers 79 m² (850 sq ft), giving an estimated value of £2,456 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    850 sq ft

    79 m²

    Last Sale Price

    £120,000

    Apr 2004

    Estimated Valuation

    £194,058

    Est. £/sq ft

    £228/sq ft

    £2,456/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area850 sq ft (79 m²)
    EPC dateNov 2018
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Apr 2004

    £120,000

    30 Apr 1997

    £35,000

    Key Metrics

    Estimated valuation£194,058
    Value per sq ft / m²£228/sq ft (£2,456/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN1 district percentile37th percentile
    National percentile23rd percentile

    District Context — LN1

    LN1 covers Lincoln city centre and its immediate surroundings in the East Midlands. It is a historic cathedral city with a mixed residential and commercial character, offering heritage appeal alongside student accommodation and urban living.

    Average Property Price - LN1

    £252,706

    28

    National percentile

    Average Net Household Income - LN1

    £35,419

    34

    National percentile

    10-Year Annualised Price Growth - LN1

    3.2%

    36

    National percentile

    10-Year Annualised Rent Growth - LN

    4.2%

    64

    National percentile

    View full analysis for LN1

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