According to the public record, 4, Drury Lane, Lincoln is a period freehold house with 542 ft2 of internal area and sits on a 31 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Drury Lane, Lincoln, LN1 is located in the borough of Lincoln within the LN1 postal district.
4, Drury Lane, Lincoln has 41 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated October 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 4 Drury Lane Lincoln as £294,494 and the rental value as £996 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 4 Drury Lane Lincoln has increased by £13,416 (4.6%) and its rental value has increased by £53 per month (5.4%).
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 4, Drury Lane, Lincoln is in very good condition we estimate a sale value of £309,219 and rental value of £1,046 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,880 and a rental value of £926 per month.
If you were able to purchase this property for the estimated value of £294,494, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,447 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 4, Drury Lane, Lincoln sits on a plot of 31m2.
We have plot size data on 22 out of 30 other houses in the postcode and 4, Drury Lane, Lincoln sits on the 21st largest plot.
According to HM Land Registry, 4, Drury Lane, Lincoln was last sold on 01 Mar 2016 for £235,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Mar 2016, the market for similar properties has risen 38.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Drury Lane, Lincoln within a radius of 460 metres over the last 2 years.
The most recent example is 2, Drury Lane, Lincoln, LN1 3BN, a Freehold house which sold for £189,000 in Sep 2021.
Read more about house prices in LN1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drury Lane, Lincoln, LN1 has a total of 38 addresses. According to our analysis of all the public data, 4, Drury Lane, Lincoln is the 34th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £51k more expensive than the average property in LN1.
4, Drury Lane, Lincoln has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Oct 2010.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 4, Drury Lane, Lincoln is Lincoln station which is 900 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 4, Drury Lane, Lincoln, 47.1% of property is privately rented and 30.4% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 4, Drury Lane, Lincoln, 27.9% of residents are recorded as possessing school level qualifications and 45.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 4, Drury Lane, Lincoln, the average age was 39.2 and the most common age was 22.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 4, Drury Lane, Lincoln, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 4, Drury Lane, Lincoln, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.