39, DRAKE STREET, LINCOLN, LN1 1PP - £127,450

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

39 DRAKE STREET is a small extended terraced house of 78m², built sometime before 1900, which could now be worth an estimated £192,571. It was last sold for £127,450 in June 2014, which was around 21% above the average June 2014 terraced price in the Lincoln local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

39 DRAKE STREET Sold Prices

Land registry data shows three sales for 39 DRAKE STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Lincoln local authority area for the corresponding sale date. Two of the three 39 DRAKE STREET sales were for above the average price, whilst one was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 2 JUN	£127,450	£105,003	21% above HPI
2008 11 APR	£120,000	£104,303	15% above HPI
2006 16 JUN	£96,000	£97,779	2% below HPI

39 DRAKE STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Lincoln local authority area over time, sourced from the HPI. The three 39 DRAKE STREET sales between June 2006 and June 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2008 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the June 2014 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 39 DRAKE STREET be worth now?

39 DRAKE STREET might now be worth an estimated £192,571.

This is based on house price inflation of 51.1%, between June 2014 and June 2025, for terraced houses, in the Lincoln local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 51.1% inflationary increase is applied to the most recent sale price for 39 DRAKE STREET of £127,450 on 2nd June 2014. For the value to have increased from £127,450 to £192,571 over the eleven years to June 2025, the following assumptions must hold true:

• The value of 39 DRAKE STREET has moved in line with the HPI for terraced houses in the Lincoln local authority area.
• The June 2014 sale price of £127,450 represented a fair market value for the property.
• The size, condition, and specification of 39 DRAKE STREET has not materially changed since June 2014.

How Large is 39 DRAKE STREET?

39 DRAKE STREET is 78m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the smallest 30% of terraced houses houses in Lincoln, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lincoln, and where 39 DRAKE STREET lies on this distribution: 23% of terraced houses houses are smaller than 39 DRAKE STREET, and 76% of houses are larger. Note that EPC data is not available for all properties in Lincoln.

39 DRAKE STREET: Plot and Title Map

39 DRAKE STREET sits on a plot of roughly 0.028 of an acre, or 112m². The below map shows the location of 39 DRAKE STREET, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 39 DRAKE STREET). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 39 DRAKE STREET?

39 DRAKE STREET is located in LINCOLN, in the LN1 postcode district. The below map shows the position of No. 39 on DRAKE STREET.