Drakes Close - LN12 2UE
Key Street Insights
Drakes Close is a residential street with 8 addresses.
It ranks as the 415th largest and 724th most expensive of the 1,271 streets in the LN12 area. The most common property type is a modern house built after 1980.
The street contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £243,074
- 10 Year change
- up 41.1%
- Ave. Rental Price
- £961pcm
- 10 Year change
- up 43.6%
- Ave. £ per ft²
- £315/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Street Insights
Drakes Close is a residential street with 8 addresses.
It ranks as the 415th largest and 724th most expensive of the 1,271 streets in the LN12 area. The most common property type is a modern house built after 1980.
The street contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £243,074
- 10 Year change
- up 41.1%
- Ave. Rental Price
- £961pcm
- 10 Year change
- up 43.6%
- Ave. £ per ft²
- £315/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertieson Drakes Close, Sandilands, Mablethorpe, LN12
- 1 Drakes Close
3 Bed Modern House
- 2 Drakes Close
3 Bed Modern House
- 3 Drakes Close
3 Bed Modern House
- 4 Drakes Close
House
- 5 Drakes Close
2 Bed Modern House
Sales Market Trends
The last sale on Drakes Close sold for £275,000 on 29th November 2023. Since then prices are down an average of 1.6%.
The current average value in the street is £243,074.
The Drakes Close Sales Market has increased by 41.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £243,074 |
| June 2025 | -1.9% | £245,977 |
| June 2024 | -1% | £250,666 |
| June 2023 | 0% | £253,160 |
| June 2022 | 16.4% | £253,214 |
| June 2021 | 9% | £217,577 |
| June 2020 | 0.8% | £199,682 |
| June 2019 | 4.6% | £198,156 |
| June 2018 | 4.4% | £189,430 |
| June 2017 | 5.3% | £181,380 |
| June 2016 | 5.8% | £172,248 |
| June 2015 | 3.7% | £162,810 |
| June 2014 | 3.8% | £156,934 |
| June 2013 | -1% | £151,157 |
| June 2012 | -0.3% | £152,648 |
| June 2011 | -2.2% | £153,043 |
| June 2010 | 2.9% | £156,446 |
| June 2009 | -7.1% | £152,084 |
| June 2008 | -3.5% | £163,648 |
| June 2007 | 0% | £169,622 |
Rental Market Trends
The current average rental value in the street is £961.
The Drakes Close Rental Market has increased by 43.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £961pcm |
| June 2025 | 3.2% | £924pcm |
| June 2024 | 5.3% | £895pcm |
| June 2023 | 6% | £850pcm |
| June 2022 | 9% | £802pcm |
| June 2021 | 4.3% | £736pcm |
| June 2020 | 0.7% | £705pcm |
| June 2019 | 1.3% | £701pcm |
| June 2018 | 1.4% | £692pcm |
| June 2017 | 2% | £683pcm |
| June 2016 | 2.6% | £669pcm |
| June 2015 | 1% | £652pcm |
| June 2014 | 3.7% | £646pcm |
| June 2013 | -2% | £623pcm |
| June 2012 | 0.4% | £635pcm |
| June 2011 | 2.2% | £633pcm |
| June 2010 | 5% | £619pcm |
| June 2009 | -0.5% | £590pcm |
| June 2008 | -6.3% | £593pcm |
| June 2007 | 0% | £633pcm |
Sales History
The last sale was on 29th November 2023 for £275,000 and since then the market in the area has decreased by 1.6%. The street has had a total of 17 sales since 1995.
Drakes Close, Sandilands, Mablethorpe, LN12 has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2023£275,000 | 3 Bed House8, Drakes Close, Mablethorpe, LN12 2UE8, Drakes Close, Mablethorpe, LN12 2UE
- Sold Oct 2023£264,500 | 3 Bed House1, Drakes Close, Mablethorpe, LN12 2UE1, Drakes Close, Mablethorpe, LN12 2UE
- Sold Jul 2017£173,000 | 3 Bed House3, Drakes Close, Mablethorpe, LN12 2UE3, Drakes Close, Mablethorpe, LN12 2UE
- Sold Nov 2013£175,500 | 3 Bed House8, Drakes Close, Mablethorpe, LN12 2UE8, Drakes Close, Mablethorpe, LN12 2UE
- Sold Oct 2013£132,000 | 2 Bed House5, Drakes Close, Mablethorpe, LN12 2UE5, Drakes Close, Mablethorpe, LN12 2UE
Top 3 Most Expensive Sales
- Sold Nov 2023£275,000 | 3 Bed House8, Drakes Close, Mablethorpe, LN12 2UE8, Drakes Close, Mablethorpe, LN12 2UE
- Sold Oct 2023£264,500 | 3 Bed House1, Drakes Close, Mablethorpe, LN12 2UE1, Drakes Close, Mablethorpe, LN12 2UE
- Sold Nov 2013£175,500 | 3 Bed House8, Drakes Close, Mablethorpe, LN12 2UE8, Drakes Close, Mablethorpe, LN12 2UE
Nearby Streets
Drakes Close, Sandilands, Mablethorpe, LN12 is the 415th largest and the 724th most expensive street in the LN12 area.
- Walkington Way, Sandilands, Mablethorpe, LN1249 Addresses|62 m away
- Hornby Drive, Sandilands, Mablethorpe, LN128 Addresses|77 m away
- Grange Road, Sandilands, Mablethorpe, LN128 Addresses|101 m away
- Sanders Close, Sandilands, Mablethorpe, LN1220 Addresses|104 m away
- Wilyman Close, Sandilands, Mablethorpe, LN126 Addresses|137 m away
- Sea Lane, Sandilands, Mablethorpe, LN1236 Addresses|164 m away
Property Types
- 5 modern houses built after 1980
- 3 other addresses of unknown type
- modern house (5)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (3)
- No EPC (3)
Schools Nearby
- Sutton-on-Sea Community Primary School1.0 km away
- Huttoft Primary & Nursery School4.4 km away
- Mablethorpe Primary Academy5.0 km away
- John Spendluffe Foundation Technology College8.5 km away
- Queen Elizabeth's Grammar Alford - A Selective Academy9.2 km away
- Skegness Academy16.8 km away
More reading links
Public Transport Nearby
The closest station to Drakes Close, Sandilands, Mablethorpe, LN12 - LN12 2UE is Skegness station, which is 17.7 kilometres away.
- Skegness|17.7 km away
- Thorpe Culvert|20.6 km away
- Havenhouse|20.7 km away
