5, Drake Street
5, Drake Street
Description & Estimates
Public records show 5, Drake Street, Lincoln to be a period freehold house with 936 ft2 of internal area, sitting on a 114 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Drake Street, Lincoln has an estimated sale value of £213,257 and an estimated rental value of £987 per month, assuming reasonable condition and based on the information available.
Drake Street, Lincoln, LN1 lies in the borough of Lincoln, within the LN1 postal district.
Our Data Sources
5, Drake Street, Lincoln has 2 entries in the Land Registry , most recently in January 2018 and a single entry in the EPC database dated September 2017.
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
In very good condition, we estimate 5, Drake Street, Lincoln would be worth £223,920, with a potential rental value of £1,036 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £198,329, with a rental value of £918 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Drake Street, Lincoln has decreased by £3,958 (1.9%) over the last year. During the same period, its estimated monthly rental value has grown by £33 (3.3%). The property's estimated gross yield is currently 5.6%.
Plot Size
5, Drake Street, Lincoln occupies a 114 m2 plot as recorded by HM Land Registry.
Of the 60 other houses in this postcode, 44 have recorded plot sizes, and this one ranks as the 30th largest.
Energy Efficiency
5, Drake Street, Lincoln has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Sep 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Drake Street, Lincoln last changed hands on 18th January 2018, selling for £162,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 25.5% since January 2018.
- Sold Jan 2018£162,500
- Sold Mar 2017£79,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 390 metres of 5, Drake Street, Lincoln across the last 2 years.
Most recently, 8, Tennyson Street, Lincoln, LN1 1LZ, a freehold house, sold at £78,884 on the 8th April 2026.
Read more about house prices in LN1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 5, Drake Street, Lincoln as the 12th largest and the 12th most expensive of the 80 addresses on Drake Street, Lincoln, LN1.
Against the LN1 postcode district average, it is £29k less expensive than the typical property.
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
Lincoln station is the nearest stop to 5, Drake Street, Lincoln at 1.3 kilometres away.
- 1.3kmLincoln
- 5.1kmHykeham
- 8.1kmSaxilby
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
