Housing Market Analysis for PRAIRIE LANE, LN12 2LB

Are you looking to understand LN12 2LB 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 2LB area, explore the LN12 2LB Area information page.
For comprehensive crime statistics in the LN12 2LB area, explore the LN12 2LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN12 2LB postcode area, The average prices are as follows,

  • Other
    • The average price is around £27,286 median price is £26,000 Standard Deviation is £8,755 with Total Sold: 7
    • The Last 5 Year average price is £28,500 with Total Sold: 6
    • The most recent sale happened at this postcode is 7 PRAIRIE LANE: £34,000 (Sold on 09 Jun 2023)
    • The first recorded sale happened at this postcode is 10 PRAIRIE LANE: £20,000 (Sold on 18 May 2017)
  • Detached
    • The average price is around £34,017 median price is £27,550 Standard Deviation is £11,370 with Total Sold: 3
    • The Last 5 Year average price is £50,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 PRAIRIE LANE: £50,000 (Sold on 12 Nov 2021)
    • The first recorded sale happened at this postcode is 5 PRAIRIE LANE: £24,500 (Sold on 25 Aug 2004)
  • Flat
    • The average price is around £27,062 median price is £26,375 Standard Deviation is £4,331 with Total Sold: 4
    • The most recent sale happened at this postcode is 1 PRAIRIE LANE: £22,000 (Sold on 18 Feb 2011)
    • The first recorded sale happened at this postcode is 1 PRAIRIE LANE: £28,250 (Sold on 22 Jun 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average LN12 2LB 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
2023£34,000 £1,308 1
2022£37,000 £1,156 1
2019£25,000 £1,150 4
2017£20,000 £645 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£50,000 £1,923 1
2005£27,550 £861 1
2004£24,500 £790 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£22,0001
2008£33,5001
2007£26,375 £790 2

All the Sales in the PRAIRIE LANE, LN12 2LB

See the table below for more details on the sold house prices in the LN12 2LB, East Lindsey postcode.

AddressSold DatePrice% Change
7 PRAIRIE LANEOther, LeaseholdArea: 26 Sq.mtrAge: 1950-196609 Jun 2023£34,000First Sale
4 PRAIRIE LANEOther, LeaseholdArea: 32 Sq.mtrAge: 1950-196607 Nov 2022£37,00034.30%
07 Oct 2005£27,550First Sale
8 PRAIRIE LANEDetached, LeaseholdArea: 26 Sq.mtrAge: 1950-196612 Nov 2021£50,00031.58%
16 Aug 2019£38,000First Sale
5 PRAIRIE LANEOther, LeaseholdArea: 31 Sq.mtrAge: 1967-197509 Dec 2019£26,0006.12%
16 Nov 2007£24,5000.0
25 Aug 2004£24,500First Sale
9 PRAIRIE LANEOther, Leasehold28 Feb 2019£12,750First Sale
6 PRAIRIE LANEOther, Leasehold04 Feb 2019£23,250First Sale
10 PRAIRIE LANEOther, LeaseholdArea: 31 Sq.mtrAge: 1950-196618 May 2017£20,000First Sale
1 PRAIRIE LANEFlat, Leasehold18 Feb 2011£22,000-34.33%
21 Nov 2008£33,50018.58%
22 Jun 2007£28,250First Sale

Check out the sold house prices near the LN12 2LB postcode. Properties currently for saleProperties currently for rent

PRAIRIE LANE, LN12 2LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN12 2LB 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 2LB postcode.

  • Detached
    • The average price is around £130,835 median price is £125,000 Standard Deviation is £75,747 with Total Sold: 503
    • The Last 5 Year average price is £228,703 with Total Sold: 81
    • The most recent sale happened at this postcode is , 34 GROVE ROAD: £180,000 (Sold on 27 Jun 2024)
    • The first recorded sale happened at this postcode is , 14 HALL LEAS DRIVE: £36,500 (Sold on 11 Jan 1995)
  • Semi-Detached
    • The average price is around £109,459 median price is £110,000 Standard Deviation is £51,468 with Total Sold: 114
    • The Last 5 Year average price is £178,532 with Total Sold: 14
    • The most recent sale happened at this postcode is , CAMELOT GROVE ROAD: £120,000 (Sold on 26 Jan 2024)
    • The first recorded sale happened at this postcode is , THE SPINNEY TRUSTHORPE ROAD: £54,500 (Sold on 17 Mar 1995)
  • Other
    • The average price is around £43,828 median price is £27,000 Standard Deviation is £73,675 with Total Sold: 62
    • The Last 5 Year average price is £61,453 with Total Sold: 34
    • The most recent sale happened at this postcode is , 8 42ND STREET: £48,000 (Sold on 12 Dec 2023)
    • The first recorded sale happened at this postcode is , 1 PALM SPRINGS: £23,995 (Sold on 02 Sep 2016)
  • Flat
    • The average price is around £38,114 median price is £26,748 Standard Deviation is £29,901 with Total Sold: 50
    • The Last 5 Year average price is £52,000 with Total Sold: 3
    • The most recent sale happened at this postcode is FLAT 3, BEACHSIDE COURT TRUSTHORPE ROAD: £80,000 (Sold on 17 Jul 2023)
    • The first recorded sale happened at this postcode is , 5 PRIMROSE LANE: £12,500 (Sold on 18 Aug 1995)
  • Terraced
    • The average price is around £78,520 median price is £75,000 Standard Deviation is £57,191 with Total Sold: 23
    • The Last 5 Year average price is £158,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , 7 BOHEMIA WAY: £85,000 (Sold on 17 Sep 2021)
    • The first recorded sale happened at this postcode is , WAYZGOOSE TRUSTHORPE ROAD: £20,000 (Sold on 29 Sep 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0001
2023£266,273 £3,204 11
2022£248,408 £3,024 13
2021£211,836 £2,185 25
2020£226,321 £2,369 14
2019£218,956 £2,280 17
2018£173,957 £2,017 15
2017£175,289 £1,949 19
2016£163,879 £1,746 21
2015£143,696 £1,698 14
2014£141,666 £1,536 16
2013£128,145 £1,435 12
2012£152,654 £1,448 13
2011£128,466 £1,421 16
2010£143,809 £1,535 11
2009£126,230 £1,397 13
2008£162,150 £1,562 10
2007£142,307 £1,430 21
2006£177,828 £1,530 11
2005£125,787 £1,256 23
2004£113,834 £1,088 25
2003£111,983 £1,206 22
2002£86,914 £891 28
2001£69,126 £693 28
2000£64,038 £642 20
1999£53,676 £632 27
1998£52,350 £675 7
1997£57,055 £536 21
1996£48,931 £466 16
1995£46,873 £687 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£120,000 £2,609 1
2023£185,0001
2022£158,590 £2,400 5
2021£217,100 £1,889 5
2020£158,000 £1,740 2
2018£157,940 £1,937 5
2017£163,000 £1,813 4
2016£124,400 £1,435 5
2015£107,340 £1,495 5
2014£117,625 £911 4
2013£136,200 £1,088 5
2012£115,000 £1,708 1
2011£92,750 £1,351 2
2010£111,000 £1,762 1
2009£125,000 £1,190 5
2008£112,500 £2,058 2
2007£157,375 £1,411 4
2006£131,194 £963 9
2005£141,317 £931 3
2004£127,000 £925 2
2003£62,500 £421 2
2002£77,580 £809 5
2001£76,300 £547 5
2000£63,112 £637 4
1999£50,056 £534 9
1998£45,000 £225 1
1997£51,992 £519 6
1996£46,500 £480 5
1995£48,417 £427 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£75,375 £2,240 4
2022£124,800 £1,156 5
2021£123,000 £1,764 4
2020£21,200 £1,068 5
2019£35,369 £1,307 16
2018£20,934 £772 16
2017£22,875 £838 8
2016£27,499 £969 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£80,000 £1,455 1
2021£38,0001
2020£38,000 £1,118 1
2017£66,850 £1,064 2
2015£65,000 £956 1
2014£57,000 £1,724 1
2011£20,000 £643 2
2008£88,833 £2,168 3
2007£33,719 £1,097 8
2006£58,5002
2005£33,908 £829 6
2004£56,2502
2003£31,380 £1,036 5
2002£32,4004
2001£13,400 £285 7
2000£34,000 £618 1
1998£33,500 £609 1
1996£24,500 £422 1
1995£12,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£85,000 £2,931 1
2020£195,000 £2,183 2
2018£125,000 £1,179 1
2014£125,000 £1,330 1
2012£62,500 £2,038 1
2010£44,500 £1,029 2
2009£119,975 £1,333 2
2008£89,000 £1,634 2
2007£119,500 £1,891 2
2006£75,0001
2004£13,000 £329 2
2003£56,5001
2002£14,000 £359 1
2001£9,0002
1998£63,0001
1995£20,0001

House Type in LN12 2LB area

The most common house types in the LN12 2LB postcode area are Detached (91), temporary structure (61), and Semi-detached (10).

Total163
Detached91
temporary structure61
Semi-detached10
Terraced1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (137), and Owned: Owns with a mortgage or loan (12).

Owned: Owns outright137
Owned: Owns with a mortgage or loan12
Private rented: Private landlord or letting agency8
Private rented: Other private rented4
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the LN12 2LB have 2 people in household (89), and 1 person in household (65).

2 people in household89
1 person in household65
4 people in household5
3 people in household3
6 people in household1
0 people in household0
5 people in household0
7 people in household0
8 or more people in household0