49 Drake Street

    49, DRAKE STREET, LINCOLN, LN1 1PP

    This semi-detached freehold property on Drake Street last sold in September 2022 for £226,000. Based on price growth in the LN1 district since then, its estimated current value is £229,957 — placing it in the 32nd percentile nationally and the 52nd percentile within LN1. The property covers 83 m² (893 sq ft), giving an estimated value of £2,771 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £226,000

    Sept 2022

    Estimated Valuation

    £229,957

    Est. £/sq ft

    £257/sq ft

    £2,771/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms5
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateApr 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingAir source heat pump, radiators, electric

    Transaction History

    5 Sept 2022

    £226,000

    22 Dec 2016

    £125,000

    16 Jan 2003

    £49,975

    26 Mar 1997

    New build

    £21,500

    Key Metrics

    Estimated valuation£229,957
    Value per sq ft / m²£257/sq ft (£2,771/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    LN1 district percentile52nd percentile
    National percentile32nd 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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