12, Drury Lane
12, Drury Lane
Description & Estimates
12, Drury Lane, Lincoln is recorded publicly as a period freehold house across 2,755 ft2 of internal area, sitting on a 903 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 12, Drury Lane, Lincoln is £602,325 and its rental estimate is £1,595 per month, given the available information and assuming reasonable condition.
Drury Lane, Lincoln, LN1 falls within the LN1 postal district, in the borough of Lincoln.
Our Data Sources
12, Drury Lane, Lincoln has 2 entries in the Land Registry , most recently in June 2022 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12, Drury Lane, Lincoln, we estimate a market value of £632,441 and a rental value of £1,675 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £560,162 and £1,483 per month respectively.
Recent Market Change
Over the last year, 12, Drury Lane, Lincoln has seen its estimated sale value decrease by £20,597 (3.4%) and its estimated rental value grow by £34 per month (2.1%). This results in an estimated gross rental yield of 3.2%.
Plot Size
HM Land Registry records the plot of land for 12, Drury Lane, Lincoln as measuring 903 m2.
That makes it the 6th largest plot in the postcode, where 25 of the 30 other houses have recorded plot data.
Energy Efficiency
12, Drury Lane, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 May 2021.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 12, Drury Lane, Lincoln completed on 16th June 2022 at £800,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 25.6% over the period since June 2022.
- Sold Jun 2022£800,000
- Sold Dec 2018£520,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Drury Lane, Lincoln have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th April 2023, was 2 West Hill House, Motherby Hill, Lincoln, LN1 1HD, a freehold house which sold for £682,500.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 38 addresses on Drury Lane, Lincoln, LN1, 12, Drury Lane, Lincoln comes out as the 5th largest and the 8th most expensive in our analysis of the public data.
It is also £360k more expensive than the average property across the LN1 district.
More reading links
Schools Nearby
- 300mWestgate Academy
- 600mThe St Faith and St Martin Church of England Junior School, Lincoln
- 700mThe Lincoln St Peter-In-Eastgate Church of England Infants Academy
- 400mLincoln UTC
- 1.4kmLincoln Christ's Hospital School
- 1.4kmLincoln Castle Academy
More reading links
Public Transport Nearby
From 12, Drury Lane, Lincoln, the nearest station is Lincoln, 900 metres away.
- 900mLincoln
- 5.7kmHykeham
- 9.0kmSaxilby
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
