24 Drake Street

    24, DRAKE STREET, LINCOLN, LN1 1PP

    This terraced freehold property on Drake Street last sold in February 2017 for £137,500. Based on price growth in the LN1 district since then, its estimated current value is £162,692 — placing it in the 15th percentile nationally and the 20th percentile within LN1. The property covers 113 m² (1,216 sq ft), giving an estimated value of £1,440 per m². The EPC rating is E, with a potential rating of D.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,216 sq ft

    113 m²

    Last Sale Price

    £137,500

    Feb 2017

    Estimated Valuation

    £162,692

    Est. £/sq ft

    £134/sq ft

    £1,440/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelLPG (not community)
    EPC currentE
    EPC potentialD
    Floor area1,216 sq ft (113 m²)
    EPC dateMay 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, LPG

    Transaction History

    22 Feb 2017

    £137,500

    27 Mar 1998

    £23,000

    Key Metrics

    Estimated valuation£162,692
    Value per sq ft / m²£134/sq ft (£1,440/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN1 district percentile20th percentile
    National percentile15th 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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