3, Grasmere Drive
3, Grasmere Drive
Description & Estimates
3, Grasmere Drive, Lincoln is recorded publicly as a modern freehold house across 1,603 ft2 of internal area, sitting on a 418 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Grasmere Drive, Lincoln is £405,247 and its rental estimate is £1,455 per month, given the available information and assuming reasonable condition.
Grasmere Drive, Waddington, Lincoln, LN5 falls within the LN5 postal district, in the borough of North Kesteven.
Our Data Sources
3, Grasmere Drive, Lincoln has 3 entries in the Land Registry , most recently in March 2025 and a single entry in the EPC database dated July 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 3, Grasmere Drive, Lincoln, we estimate a market value of £425,509 and a rental value of £1,528 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £376,880 and £1,353 per month respectively.
Recent Market Change
Over the last year, 3, Grasmere Drive, Lincoln has seen its estimated sale value fall by £9,405 (2.3%) and its estimated rental value move up by £29 per month (2.0%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 3, Grasmere Drive, Lincoln as measuring 418 m2.
That makes it the 2nd largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
3, Grasmere Drive, Lincoln has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Jul 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 3, Grasmere Drive, Lincoln completed on 14th March 2025 at £450,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 12.2% over the period since March 2025.
- Sold Mar 2025£450,000
- Sold May 2023£455,000
- Sold Aug 2017£380,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Grasmere Drive, Lincoln have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th June 2025, was 23, Grafham Drive, Lincoln, LN5 9FX, a freehold house which sold for £440,000.
Read more about house prices in LN5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 6 addresses on Grasmere Drive, Waddington, Lincoln, LN5, 3, Grasmere Drive, Lincoln comes out as the largest and the most expensive in our analysis of the public data.
It is also £186k more expensive than the average property across the LN5 district.
More reading links
Schools Nearby
- 600mWaddington Redwood Primary Academy
- 1.6kmWaddington All Saints Academy
- 1.8kmThe Meadows Primary School
- 2.7kmSir Robert Pattinson Academy
- 3.1kmNorth Kesteven Academy
- 3.5kmThe Priory Academy LSST
More reading links
Public Transport Nearby
From 3, Grasmere Drive, Lincoln, the nearest station is Hykeham, 3.6 kilometres away.
- 3.6kmHykeham
- 5.5kmLincoln
- 10.0kmSwinderby
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
