Housing Market Analysis for RED LEAS LANE, LN11 7EL

Are you looking to understand LN11 7EL 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 7EL area, explore the LN11 7EL Area information page.
For comprehensive crime statistics in the LN11 7EL area, explore the LN11 7EL Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £254,667 median price is £274,000 Standard Deviation is £86,815 with Total Sold: 3
    • The Last 5 Year average price is £350,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE BARN RED LEAS LANE: £350,000 (Sold on 21 Oct 2022)
    • The first recorded sale happened at this postcode is ARCHWAYS RED LEAS LANE: £140,000 (Sold on 17 Mar 2000)
  • Other
    • The average price is around £442,450 median price is £442,450 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £442,450 with Total Sold: 1
    • The most recent sale happened at this postcode is ARCHWAYS RED LEAS LANE: £442,450 (Sold on 18 Jan 2019)
    • The first recorded sale happened at this postcode is ARCHWAYS RED LEAS LANE: £442,450 (Sold on 18 Jan 2019)
  • Semi-Detached
    • The average price is around £48,975 median price is £48,975 Standard Deviation is £10,975 with Total Sold: 2
    • The most recent sale happened at this postcode is 2, RED LEAS COTTAGES RED LEAS LANE: £59,950 (Sold on 07 Sep 2001)
    • The first recorded sale happened at this postcode is 2, RED LEAS COTTAGES RED LEAS LANE: £38,000 (Sold on 30 Mar 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average LN11 7EL 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£350,000 £2,096 1
2002£274,000 £843 1
2000£140,000 £693 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£442,450 £2,190 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£48,9752

All the Sales in the RED LEAS LANE, LN11 7EL

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

AddressSold DatePrice% Change
THE BARN RED LEAS LANEDetached, FreeholdArea: 167 Sq.mtrAge: 1900-192921 Oct 2022£350,000First Sale
ARCHWAYS RED LEAS LANEOther, FreeholdArea: 202 Sq.mtrAge: 1967-197518 Jan 2019£442,450216.04%
17 Mar 2000£140,000First Sale
RED LEAS FARMHOUSEDetached, FreeholdArea: 325 Sq.mtrAge: before 190025 Feb 2002£274,000First Sale
2, RED LEAS COTTAGES RED LEAS LANESemi-Detached, Freehold07 Sep 2001£59,95057.76%
30 Mar 2001£38,000First Sale

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

RED LEAS LANE, LN11 7EL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN11 7EL 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 7EL postcode.

  • Detached
    • The average price is around £254,667 median price is £274,000 Standard Deviation is £86,815 with Total Sold: 3
    • The Last 5 Year average price is £350,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE BARN RED LEAS LANE: £350,000 (Sold on 21 Oct 2022)
    • The first recorded sale happened at this postcode is , ARCHWAYS RED LEAS LANE: £140,000 (Sold on 17 Mar 2000)
  • Other
    • The average price is around £442,450 median price is £442,450 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £442,450 with Total Sold: 1
    • The most recent sale happened at this postcode is , ARCHWAYS RED LEAS LANE: £442,450 (Sold on 18 Jan 2019)
    • The first recorded sale happened at this postcode is , ARCHWAYS RED LEAS LANE: £442,450 (Sold on 18 Jan 2019)
  • Semi-Detached
    • The average price is around £48,975 median price is £48,975 Standard Deviation is £10,975 with Total Sold: 2
    • The most recent sale happened at this postcode is 2, RED LEAS COTTAGES RED LEAS LANE: £59,950 (Sold on 07 Sep 2001)
    • The first recorded sale happened at this postcode is 2, RED LEAS COTTAGES RED LEAS LANE: £38,000 (Sold on 30 Mar 2001)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£350,000 £2,096 1
2002£274,000 £843 1
2000£140,000 £693 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£442,450 £2,190 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£48,9752

House Type in LN11 7EL area

The most common house types in the LN11 7EL postcode area are Detached (87), Semi-detached (7), and Terraced (4).

Total100
Detached87
Semi-detached7
Terraced4
Flat1
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (64), and Owned: Owns with a mortgage or loan (26).

Owned: Owns outright64
Owned: Owns with a mortgage or loan26
Private rented: Private landlord or letting agency9
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the LN11 7EL have 2 people in household (51), and 1 person in household (25).

2 people in household51
1 person in household25
3 people in household14
4 people in household5
5 people in household2
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0