Housing Market Analysis for BUTTS LANE, LN12 1NT

Are you looking to understand LN12 1NT 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 LN12 1NT area, explore the LN12 1NT Area information page.
For comprehensive crime statistics in the LN12 1NT area, explore the LN12 1NT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN12 1NT postcode area, The average prices are as follows,

  • Detached
    • The average price is around £103,475 median price is £103,475 Standard Deviation is £68,525 with Total Sold: 2
    • The most recent sale happened at this postcode is THE COTTAGE BUTTS LANE: £172,000 (Sold on 10 Jul 2014)
    • The first recorded sale happened at this postcode is THE COTTAGE BUTTS LANE: £34,950 (Sold on 14 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LN12 1NT 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
2014£172,000 £3,392 1
1997£34,950 £689 1

All the Sales in the BUTTS LANE, LN12 1NT

See the table below for more details on the sold house prices in the LN12 1NT, East Lindsey postcode.

AddressSold DatePrice% Change
THE COTTAGE BUTTS LANEDetached, FreeholdArea: 50.71 Sq.mtrAge: before 190010 Jul 2014£172,000392.13%
14 Nov 1997£34,950First Sale

Check out the sold house prices near the LN12 1NT postcode. Properties currently for saleProperties currently for rent

BUTTS LANE, LN12 1NT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN12 1NT 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 LN12 1NT postcode.

  • Detached
    • The average price is around £173,469 median price is £165,000 Standard Deviation is £93,160 with Total Sold: 152
    • The Last 5 Year average price is £279,964 with Total Sold: 28
    • The most recent sale happened at this postcode is , MIDAS STATION ROAD: £240,000 (Sold on 31 Aug 2023)
    • The first recorded sale happened at this postcode is , SWALLOW COTTAGE STATION ROAD: £35,000 (Sold on 20 Dec 1995)
  • Terraced
    • The average price is around £94,000 median price is £90,000 Standard Deviation is £21,417 with Total Sold: 3
    • The Last 5 Year average price is £80,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 2, DUNESIDE COTTAGES BRICKYARD LANE: £90,000 (Sold on 07 Apr 2022)
    • The first recorded sale happened at this postcode is , DUNES BRICKYARD LANE: £122,000 (Sold on 31 Mar 2016)
  • Semi-Detached
    • The average price is around £157,762 median price is £171,250 Standard Deviation is £57,877 with Total Sold: 10
    • The Last 5 Year average price is £240,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , NORCROFT SALTFLEET ROAD: £240,000 (Sold on 19 Aug 2020)
    • The first recorded sale happened at this postcode is , SEASIDE COTTAGE BRICKYARD LANE: £30,500 (Sold on 28 Aug 1997)
  • Other
    • The average price is around £440,000 median price is £440,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , HUNTERS GAP MABLETHORPE ROAD: £440,000 (Sold on 15 Sep 2017)
    • The first recorded sale happened at this postcode is , HUNTERS GAP MABLETHORPE ROAD: £440,000 (Sold on 15 Sep 2017)
  • Flat
    • The average price is around £85,000 median price is £85,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , CONISTAN SEA LANE: £85,000 (Sold on 02 Dec 2011)
    • The first recorded sale happened at this postcode is , CONISTAN SEA LANE: £85,000 (Sold on 02 Dec 2011)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£217,500 £2,167 2
2022£345,500 £2,099 4
2021£287,917 £2,277 12
2020£261,600 £2,035 5
2019£251,800 £2,281 5
2018£219,400 £1,945 5
2017£254,600 £1,742 5
2016£203,750 £1,643 10
2015£223,214 £1,622 7
2014£166,125 £1,959 8
2013£124,000 £1,421 3
2012£166,250 £1,630 4
2011£170,333 £930 3
2010£246,000 £1,656 5
2009£188,667 £1,870 3
2008£262,5002
2007£180,700 £1,594 5
2006£172,238 £1,579 4
2005£82,000 £701 2
2004£184,850 £1,386 7
2003£162,875 £1,034 4
2002£104,733 £885 6
2001£101,286 £759 7
2000£84,500 £605 5
1999£86,650 £668 3
1998£70,167 £544 12
1997£62,510 £655 10
1996£45,500 £470 3
1995£35,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£90,000 £2,571 1
2019£70,000 £2,000 1
2016£122,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£240,000 £2,609 1
2018£150,000 £1,531 1
2015£138,750 £1,964 2
2014£151,058 £1,477 2
2013£177,500 £1,690 1
2007£200,000 £1,579 2
1997£30,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£440,000 £2,648 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£85,000 £889 1

House Type in LN12 1NT area

The most common house types in the LN12 1NT postcode area are Detached (86), Semi-detached (5), and Shared house (2).

Total93
Detached86
Semi-detached5
Shared house2
Terraced0
Flat0
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 (17).

Owned: Owns outright64
Owned: Owns with a mortgage or loan17
Private rented: Private landlord or letting agency8
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 LN12 1NT have 2 people in household (45), and 1 person in household (31).

2 people in household45
1 person in household31
3 people in household9
4 people in household4
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0