49, Drake Street
49, Drake Street
Description & Estimates
According to the public record, 49, Drake Street, Lincoln is a modern freehold house with 893 ft2 of internal area and sits on a 167 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 49, Drake Street, Lincoln is £212,334 and the estimated rental value is £992 per month.
Drake Street, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
Our Data Sources
49, Drake Street, Lincoln has 41 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 49, Drake Street, Lincoln is in very good condition we estimate a sale value of £222,951 and a rental value of £1,041 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,471 and a rental value of £922 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 49, Drake Street, Lincoln has declined by £3,941 (1.9%), while its estimated rental value has climbed by £33 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 5.6%.
Plot Size
According to data from HM Land Registry, 49, Drake Street, Lincoln sits on a plot of 167 m2.
We have plot size data on 44 out of 60 other houses in the postcode and 49, Drake Street, Lincoln sits on the 6th largest plot.
Energy Efficiency
49, Drake Street, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Apr 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, radiators, electric.
Sold Prices
According to HM Land Registry, 49, Drake Street, Lincoln was last sold on 5th September 2022 for £226,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since September 2022, the market for similar properties has dropped by 1.9%.
- Sold Sep 2022£226,000
- Sold Dec 2016£125,000
- Sold Jan 2003£49,975
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Drake Street, Lincoln within a radius of 460 metres over the last 2 years.
The most recent example is 20, Iris Crescent, Lincoln, LN1 1AZ, a freehold house which sold for £210,000 on the 24th January 2025.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Drake Street, Lincoln, LN1 has a total of 80 addresses. According to our analysis of all the public data, 49, Drake Street, Lincoln is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in LN1.
More reading links
Schools Nearby
- 100mThe St Faith's Church of England Infant and Nursery School, Lincoln
- 400mThe St Faith and St Martin Church of England Junior School, Lincoln
- 1.0kmWestgate Academy
- 1.4kmLincoln UTC
- 1.8kmLincoln Castle Academy
- 2.3kmLincoln Christ's Hospital School
More reading links
Public Transport Nearby
The closest station to 49, Drake Street, Lincoln is Lincoln station, which is 1.3 kilometres away.
- 1.3kmLincoln
- 5.1kmHykeham
- 8.1kmSaxilby
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
