Housing Market Analysis for WEST LANE, LN11 7DL

Are you looking to understand LN11 7DL house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this East Lindsey postcode.

For the location information and nearby amenities in the LN11 7DL area, explore the LN11 7DL Area information page.
For comprehensive crime statistics in the LN11 7DL area, explore the LN11 7DL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN11 7DL postcode area, The average prices are as follows,

  • Other
    • The average price is around £350,000 median price is £350,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £350,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WEST FARM BUNGALOW WEST LANE: £350,000 (Sold on 12 Jan 2021)
    • The first recorded sale happened at this postcode is WEST FARM BUNGALOW WEST LANE: £350,000 (Sold on 12 Jan 2021)
  • Detached
    • The average price is around £254,375 median price is £255,000 Standard Deviation is £119,666 with Total Sold: 4
    • The Last 5 Year average price is £410,000 with Total Sold: 1
    • The most recent sale happened at this postcode is LANDS END FARM WEST LANE: £410,000 (Sold on 01 Aug 2019)
    • The first recorded sale happened at this postcode is LANDS END FARM WEST LANE: £97,500 (Sold on 18 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LN11 7DL house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£350,000 £4,545 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£410,0001
2015£320,0001
2006£190,0001
1997£97,5001

All the Sales in the WEST LANE, LN11 7DL

See the table below for more details on the sold house prices in the LN11 7DL, East Lindsey postcode.

AddressSold DatePrice% Change
WEST FARM BUNGALOW WEST LANEOther, FreeholdArea: 77 Sq.mtrAge: 1950-196612 Jan 2021£350,000First Sale
LANDS END FARM WEST LANEDetached, Freehold01 Aug 2019£410,00028.12%
10 Sep 2015£320,000228.21%
18 Nov 1997£97,500First Sale
PEAR TREE HOUSE WEST LANEDetached, Freehold28 Apr 2006£190,000First Sale

Check out the sold house prices near the LN11 7DL postcode. Properties currently for saleProperties currently for rent

WEST LANE, LN11 7DL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN11 7DL postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the LN11 7DL postcode.

  • Detached
    • The average price is around £251,331 median price is £256,995 Standard Deviation is £80,733 with Total Sold: 9
    • The Last 5 Year average price is £275,746 with Total Sold: 6
    • The most recent sale happened at this postcode is , 16 WALNUT CLOSE: £255,995 (Sold on 30 Sep 2021)
    • The first recorded sale happened at this postcode is , LANDS END FARM WEST LANE: £97,500 (Sold on 18 Nov 1997)
  • Other
    • The average price is around £350,000 median price is £350,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £350,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , WEST FARM BUNGALOW WEST LANE: £350,000 (Sold on 12 Jan 2021)
    • The first recorded sale happened at this postcode is , WEST FARM BUNGALOW WEST LANE: £350,000 (Sold on 12 Jan 2021)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£248,895 £2,212 5
2019£410,0001
2015£320,0001
2006£190,0001
1997£97,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£350,000 £4,545 1

House Type in LN11 7DL area

The most common house types in the LN11 7DL postcode area are Detached (109), Semi-detached (15), and Terraced (6).

Total131
Detached109
Semi-detached15
Terraced6
converted building1
Flat0
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (93), and Owned: Owns with a mortgage or loan (27).

Owned: Owns outright93
Owned: Owns with a mortgage or loan27
Private rented: Private landlord or letting agency7
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the LN11 7DL have 2 people in household (67), and 1 person in household (32).

2 people in household67
1 person in household32
3 people in household14
4 people in household11
5 people in household5
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0