Housing Market Analysis for ALBION CLOSE, LN1 1ED

Are you looking to understand LN1 1ED 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 Lincoln postcode.

For the location information and nearby amenities in the LN1 1ED area, explore the LN1 1ED Area information page.
For comprehensive crime statistics in the LN1 1ED area, explore the LN1 1ED Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN1 1ED postcode area, The average prices are as follows,

Detached
- The average price is around £238,490 median price is £226,250 Standard Deviation is £111,822 with Total Sold: 50
- The Last 5 Year average price is £286,692 with Total Sold: 13
- The most recent sale happened at this postcode is 15 ALBION CLOSE: £342,500 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is 17 ALBION CLOSE: £59,950 (Sold on 03 Nov 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LN1 1ED 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£342,500		1
2023	£210,000	£2,211	1
2022	£390,000	£3,939	1
2021	£318,750	£3,017	4
2020	£304,167	£2,882	3
2019	£199,000	£1,963	3
2018	£377,000	£2,674	1
2017	£255,000	£2,571	4
2016	£272,625	£2,441	4
2015	£305,256	£2,768	8
2014	£301,205	£2,451	5
2013	£160,000	£1,871	3
2010	£162,500	£1,423	1
2009	£134,950	£1,153	1
2006	£157,500	£1,771	2
2005	£132,500	£1,815	1
2002	£104,250	£1,135	2
1999	£93,000	£608	1
1998	£63,000	£538	1
1997	£63,000		1
1996	£49,500	£433	1
1995	£59,950	£512	1

All the Sales in the ALBION CLOSE, LN1 1ED

See the table below for more details on the sold house prices in the LN1 1ED, Lincoln postcode.

Address	Sold Date	Price	% Change
15 ALBION CLOSEDetached, Freehold	26 Jul 2024	£342,500	63.10%
15 ALBION CLOSEDetached, Freehold	25 Aug 2023	£210,000	First Sale
33 ALBION CLOSEDetached, FreeholdArea: 99 Sq.mtr	17 Feb 2022	£390,000	42.86%
33 ALBION CLOSEDetached, FreeholdArea: 99 Sq.mtr	26 Jun 2015	£273,000	First Sale
30 ALBION CLOSEDetached, FreeholdArea: 101 Sq.mtr	29 Nov 2021	£375,000	33.95%
30 ALBION CLOSEDetached, FreeholdArea: 101 Sq.mtr	10 Jul 2015	£279,950	First Sale
9 ALBION CLOSEDetached, FreeholdArea: 77 Sq.mtrAge: 1950-1966	23 Jul 2021	£230,000	First Sale
RIDGEWAY, 25 ALBION CLOSEDetached, FreeholdArea: 104 Sq.mtrAge: 1967-1975	26 Mar 2021	£245,000	First Sale
46 ALBION CLOSEDetached, FreeholdArea: 141 Sq.mtr	17 Mar 2021	£425,000	7.59%
	23 Oct 2017	£395,000	2.61%
	05 Jun 2015	£384,950	First Sale
7 ALBION CLOSEDetached, FreeholdArea: 78 Sq.mtrAge: 1967-1975	27 Nov 2020	£222,500	36.09%
	28 Jan 2016	£163,500	43.42%
	25 Oct 2002	£114,000	First Sale
12 ALBION CLOSEDetached, FreeholdArea: 97 Sq.mtrAge: 1967-1975	28 Oct 2020	£280,000	40.00%
	12 Jan 2017	£200,000	33.33%
	04 Sep 2013	£150,000	First Sale
32 ALBION CLOSEDetached, FreeholdArea: 141 Sq.mtr	23 Jun 2020	£410,000	9.33%
32 ALBION CLOSEDetached, FreeholdArea: 141 Sq.mtr	17 May 2016	£375,000	First Sale
17 ALBION CLOSEDetached, FreeholdArea: 117 Sq.mtrAge: 1967-1975	18 Nov 2019	£250,000	296.83%
	10 Jul 1998	£63,000	5.09%
	03 Nov 1995	£59,950	First Sale
14 ALBION CLOSEDetached, FreeholdArea: 120 Sq.mtrAge: 1967-1975	19 Jul 2019	£162,000	First Sale
11 ALBION CLOSEDetached, FreeholdArea: 77 Sq.mtrAge: 1967-1975	07 May 2019	£185,000	First Sale
42 ALBION CLOSEDetached, FreeholdArea: 141 Sq.mtr	31 Aug 2018	£377,000	-0.79%
42 ALBION CLOSEDetached, FreeholdArea: 141 Sq.mtr	29 Jan 2015	£380,000	First Sale
GREENHOW, 6 ALBION CLOSEDetached, Freehold	09 Jun 2017	£143,000	First Sale
35 ALBION CLOSEDetached, FreeholdArea: 99 Sq.mtr	05 Apr 2017	£282,000	0.73%
35 ALBION CLOSEDetached, FreeholdArea: 99 Sq.mtr	08 Apr 2015	£279,950	First Sale
38 ALBION CLOSEDetached, FreeholdArea: 141 Sq.mtr	02 Sep 2016	£382,000	First Sale
26 ALBION CLOSEDetached, FreeholdArea: 74 Sq.mtrAge: 1967-1975	19 Aug 2016	£170,000	First Sale
34 ALBION CLOSEDetached, FreeholdArea: 101 Sq.mtr	30 Apr 2015	£279,251	First Sale
28 ALBION CLOSEDetached, FreeholdArea: 101 Sq.mtr	06 Mar 2015	£284,950	First Sale
44 ALBION CLOSEDetached, FreeholdArea: 101 Sq.mtr	06 Feb 2015	£280,000	First Sale
36 ALBION CLOSEDetached, FreeholdArea: 101 Sq.mtr	14 Nov 2014	£279,950	First Sale
40 ALBION CLOSEDetached, FreeholdArea: 169 Sq.mtr	08 Oct 2014	£434,950	First Sale
1 ALBION CLOSEDetached, FreeholdArea: 96 Sq.mtrAge: 1976-1982	30 Sep 2014	£207,500	22.06%
	08 Nov 2006	£170,000	First Sale
48 ALBION CLOSEDetached, FreeholdArea: 169 Sq.mtr	05 Sep 2014	£443,625	First Sale
18 ALBION CLOSEDetached, FreeholdArea: 66 Sq.mtrAge: 1967-1975	11 Jul 2014	£140,000	First Sale
19 ALBION CLOSEDetached, FreeholdArea: 92 Sq.mtrAge: 1967-1975	17 May 2013	£160,000	First Sale
22 ALBION CLOSEDetached, FreeholdArea: 73 Sq.mtrAge: 1967-1975	10 May 2013	£170,000	28.30%
	11 Mar 2005	£132,500	First Sale
13 ALBION CLOSEDetached, FreeholdArea: 114.2 Sq.mtrAge: 1967-1975	28 May 2010	£162,500	228.28%
	02 Feb 1996	£49,500	First Sale
3 ALBION CLOSEDetached, FreeholdArea: 117 Sq.mtrAge: 1976-1982	30 Jun 2009	£134,950	42.80%
	10 May 2002	£94,500	First Sale
5 ALBION CLOSEDetached, Freehold	27 Jan 2006	£145,000	First Sale
23 ALBION CLOSEDetached, FreeholdArea: 153 Sq.mtrAge: 1950-1966	17 Nov 1999	£93,000	First Sale
10 ALBION CLOSEDetached, Freehold	17 Dec 1997	£63,000	First Sale

Check out the sold house prices near the LN1 1ED postcode. Properties currently for saleProperties currently for rent

ALBION CLOSE, LN1 1ED Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN1 1ED 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 LN1 1ED postcode.

Detached
- The average price is around £206,701 median price is £199,000 Standard Deviation is £88,821 with Total Sold: 779
- The Last 5 Year average price is £322,306 with Total Sold: 105
- The most recent sale happened at this postcode is , 41 MANRICO DRIVE: £292,500 (Sold on 02 Sep 2024)
- The first recorded sale happened at this postcode is , 213 YARBOROUGH ROAD: £105,000 (Sold on 25 Jan 1995)
Semi-Detached
- The average price is around £151,031 median price is £149,725 Standard Deviation is £71,790 with Total Sold: 228
- The Last 5 Year average price is £231,004 with Total Sold: 35
- The most recent sale happened at this postcode is , 15 MITCHELL DRIVE: £199,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 376 BURTON ROAD: £50,000 (Sold on 08 Feb 1995)
Other
- The average price is around £240,996 median price is £200,500 Standard Deviation is £122,962 with Total Sold: 12
- The Last 5 Year average price is £236,125 with Total Sold: 8
- The most recent sale happened at this postcode is , 11-Dec INDUSTRIAL COTTAGES: £255,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is , 203 YARBOROUGH ROAD: £526,000 (Sold on 12 Jan 2016)
Terraced
- The average price is around £113,983 median price is £118,750 Standard Deviation is £53,230 with Total Sold: 524
- The Last 5 Year average price is £186,256 with Total Sold: 66
- The most recent sale happened at this postcode is , 2 FULMEN CLOSE: £230,000 (Sold on 06 Jun 2024)
- The first recorded sale happened at this postcode is , 288 BURTON ROAD: £27,000 (Sold on 18 Jan 1995)
Flat
- The average price is around £118,506 median price is £119,995 Standard Deviation is £18,059 with Total Sold: 79
- The Last 5 Year average price is £129,691 with Total Sold: 17
- The most recent sale happened at this postcode is , 14 THE PAVILION: £145,000 (Sold on 11 Sep 2023)
- The first recorded sale happened at this postcode is , 8 DORRIGAN CLOSE: £123,495 (Sold on 22 Oct 2004)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£334,333	£4,434	3
2023	£307,278	£2,576	9
2022	£360,761	£2,844	23
2021	£323,739	£2,696	28
2020	£325,414	£2,542	18
2019	£285,583	£2,133	24
2018	£292,725	£2,255	20
2017	£266,511	£2,263	24
2016	£251,346	£2,046	23
2015	£259,075	£2,294	24
2014	£247,137	£1,973	32
2013	£220,408	£1,763	13
2012	£210,594	£1,599	16
2011	£210,474	£1,642	19
2010	£199,119	£1,681	21
2009	£197,868	£1,630	20
2008	£232,174	£1,808	17
2007	£221,026	£1,626	33
2006	£224,934	£1,635	59
2005	£217,892	£1,619	53
2004	£206,981	£1,612	66
2003	£161,194	£1,408	37
2002	£122,493	£1,084	62
2001	£105,565	£947	61
2000	£104,979	£993	19
1999	£96,897	£738	17
1998	£89,773	£649	11
1997	£103,672	£821	9
1996	£76,858	£559	13
1995	£73,390	£517	5

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£199,000		1
2023	£253,929	£3,329	7
2022	£268,400	£2,919	5
2021	£198,000	£2,008	8
2020	£244,239	£2,205	9
2019	£196,900	£2,274	5
2018	£210,055	£2,162	9
2017	£208,750	£2,290	8
2016	£161,833	£1,933	6
2015	£165,093	£1,877	7
2014	£217,067	£1,769	6
2013	£172,433	£1,800	9
2012	£133,375	£1,570	8
2011	£134,718	£1,589	9
2010	£137,667	£1,536	3
2009	£141,062	£1,751	8
2008	£141,583	£1,957	15
2007	£177,068	£1,760	13
2006	£141,287	£1,634	17
2005	£133,015	£1,529	22
2004	£154,990	£1,907	6
2003	£100,933	£1,477	6
2002	£82,962	£1,266	8
2001	£76,044	£687	9
2000	£65,220	£400	5
1999	£58,075	£721	4
1998	£65,333	£591	3
1997	£46,883	£362	6
1996	£57,983	£458	3
1995	£46,833	£542	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£255,000		1
2023	£194,750		2
2021	£248,900	£2,266	5
2017	£158,983	£2,373	3
2016	£526,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£199,983		3
2023	£227,188	£2,821	8
2022	£199,781	£2,570	16
2021	£183,621	£2,324	12
2020	£165,118	£2,059	17
2019	£166,850	£2,455	10
2018	£153,929	£2,129	17
2017	£143,536	£1,746	21
2016	£148,104	£1,983	26
2015	£133,111	£1,732	18
2014	£136,761	£1,795	22
2013	£127,705	£1,669	22
2012	£117,333	£1,475	12
2011	£129,938	£1,619	8
2010	£117,825	£1,689	15
2009	£124,031	£1,659	12
2008	£145,467	£1,659	12
2007	£128,318	£1,498	20
2006	£120,983	£1,496	22
2005	£103,830	£1,298	33
2004	£99,793	£1,410	33
2003	£100,524	£1,271	35
2002	£72,737	£1,011	35
2001	£58,352	£844	24
2000	£51,727	£577	13
1999	£41,025	£520	10
1998	£42,517	£499	9
1997	£40,060	£444	10
1996	£35,390	£426	10
1995	£34,589	£439	19

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£145,000	£2,255	2
2022	£128,600	£2,207	5
2021	£125,750	£2,133	5
2019	£128,600	£2,436	5
2018	£107,000	£1,913	3
2017	£114,333	£2,022	3
2016	£124,333	£2,121	6
2015	£104,375	£1,713	4
2014	£110,667	£1,954	3
2013	£80,500	£1,491	1
2012	£106,665	£1,706	3
2011	£104,000		1
2009	£113,650	£1,668	10
2008	£130,031	£2,299	6
2007	£110,871	£1,997	11
2006	£124,274	£2,565	9
2004	£119,248	£1,735	2

House Type in LN1 1ED area

The most common house types in the LN1 1ED postcode area are Detached (126), Terraced (30), and Semi-detached (8).

Total	165
Detached	126
Terraced	30
Semi-detached	8
temporary structure	1
Flat	0
Shared house	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (74), and Owned: Owns with a mortgage or loan (59).

Owned: Owns outright	74
Owned: Owns with a mortgage or loan	59
Private rented: Private landlord or letting agency	23
Private rented: Other private rented	5
Shared ownership: Shared ownership	3
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LN1 1ED have 2 people in household (65), and 1 person in household (35).

2 people in household	65
1 person in household	35
4 people in household	33
3 people in household	23
5 people in household	8
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0