Housing Market Analysis for MORRISON CLOSE, LN12 2LU

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

Overview of Sold House prices

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

Detached
- The average price is around £126,606 median price is £137,000 Standard Deviation is £48,877 with Total Sold: 17
- The Last 5 Year average price is £219,975 with Total Sold: 2
- The most recent sale happened at this postcode is 8 MORRISON CLOSE: £199,950 (Sold on 03 Dec 2021)
- The first recorded sale happened at this postcode is 7 MORRISON CLOSE: £49,500 (Sold on 01 Jul 1996)
Semi-Detached
- The average price is around £83,750 median price is £83,750 Standard Deviation is £19,250 with Total Sold: 2
- The most recent sale happened at this postcode is 2 MORRISON CLOSE: £103,000 (Sold on 06 Apr 2004)
- The first recorded sale happened at this postcode is 2 MORRISON CLOSE: £64,500 (Sold on 14 Dec 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average LN12 2LU 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
2021	£219,975	£2,941	2
2015	£150,000	£1,890	1
2014	£141,000	£1,944	2
2013	£129,000	£1,722	2
2012	£126,000	£1,689	2
2010	£125,000	£1,795	1
2007	£154,975	£2,010	2
2002	£87,000	£1,299	1
2001	£79,950	£1,012	1
2000	£59,000	£847	1
1999	£59,950	£500	1
1996	£49,500	£711	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£103,000		1
2000	£64,500		1

All the Sales in the MORRISON CLOSE, LN12 2LU

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

Address	Sold Date	Price	% Change
8 MORRISON CLOSEDetached, FreeholdArea: 70 Sq.mtrAge: 1983-1990	03 Dec 2021	£199,950	73.87%
	09 Apr 2013	£115,000	First Sale
5 MORRISON CLOSEDetached, FreeholdArea: 79.35 Sq.mtrAge: 1983-1990	09 Apr 2021	£240,000	60.00%
	11 Jun 2015	£150,000	4.90%
	01 Jul 2013	£143,000	4.38%
	23 Apr 2012	£137,000	First Sale
1 MORRISON CLOSEDetached, FreeholdArea: 67 Sq.mtrAge: 1983-1990	18 Dec 2014	£140,000	60.92%
	29 Aug 2002	£87,000	First Sale
4 MORRISON CLOSEDetached, FreeholdArea: 79 Sq.mtrAge: 1996-2002	17 Oct 2014	£142,000	77.61%
	14 Mar 2001	£79,950	First Sale
7 MORRISON CLOSEDetached, FreeholdArea: 69.65 Sq.mtrAge: 1991-1995	31 Jan 2012	£115,000	-8.00%
	04 Nov 2010	£125,000	-10.71%
	21 Mar 2007	£140,000	137.29%
	22 Mar 2000	£59,000	19.19%
	01 Jul 1996	£49,500	First Sale
3 MORRISON CLOSEDetached, Freehold	30 Jul 2007	£169,950	First Sale
2 MORRISON CLOSESemi-Detached, Freehold	06 Apr 2004	£103,000	59.69%
2 MORRISON CLOSESemi-Detached, Freehold	14 Dec 2000	£64,500	First Sale
6 MORRISON CLOSEDetached, FreeholdArea: 120 Sq.mtrAge: 1991-1995	16 Jul 1999	£59,950	First Sale

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

MORRISON CLOSE, LN12 2LU Near By properties

Interactive Map

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

Detached
- The average price is around £128,793 median price is £129,725 Standard Deviation is £64,468 with Total Sold: 1,028
- The Last 5 Year average price is £218,385 with Total Sold: 146
- 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 , 20 SOUTH ROAD: £27,250 (Sold on 12 Jan 1995)
Semi-Detached
- The average price is around £100,948 median price is £100,000 Standard Deviation is £47,371 with Total Sold: 328
- The Last 5 Year average price is £169,227 with Total Sold: 45
- The most recent sale happened at this postcode is , 16 HONEYSUCKLE CLOSE: £185,000 (Sold on 19 Mar 2024)
- The first recorded sale happened at this postcode is , FAIRLAWNS PARK, 2 PARK ROAD WEST: £60,000 (Sold on 24 Feb 1995)
Flat
- The average price is around £61,410 median price is £65,000 Standard Deviation is £35,810 with Total Sold: 91
- The Last 5 Year average price is £95,312 with Total Sold: 16
- The most recent sale happened at this postcode is , 5A MORELAND AVENUE: £45,000 (Sold on 31 Jan 2024)
- The first recorded sale happened at this postcode is 3, ALFORD COURT ALFORD ROAD: £24,000 (Sold on 13 Jan 1995)
Terraced
- The average price is around £86,558 median price is £77,000 Standard Deviation is £50,339 with Total Sold: 195
- The Last 5 Year average price is £141,293 with Total Sold: 23
- The most recent sale happened at this postcode is , 37 CAMELOT GARDENS: £229,950 (Sold on 15 Sep 2023)
- The first recorded sale happened at this postcode is , 12 VICTORIA ROAD: £15,500 (Sold on 23 Jun 1995)
Other
- The average price is around £342,331 median price is £186,000 Standard Deviation is £569,301 with Total Sold: 22
- The Last 5 Year average price is £431,552 with Total Sold: 15
- The most recent sale happened at this postcode is , 1A MARINE AVENUE: £95,000 (Sold on 31 Mar 2023)
- The first recorded sale happened at this postcode is , THE GARAGE STATION ROAD: £300,000 (Sold on 06 Nov 2015)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£255,000	£3,324	3
2023	£241,966	£3,103	16
2022	£262,850	£3,045	20
2021	£210,915	£2,644	49
2020	£213,948	£2,494	31
2019	£186,056	£2,389	27
2018	£188,992	£2,143	32
2017	£168,245	£2,023	41
2016	£155,997	£1,829	50
2015	£149,983	£1,874	32
2014	£143,119	£1,684	37
2013	£128,488	£1,580	37
2012	£138,909	£1,592	39
2011	£127,104	£1,553	24
2010	£131,291	£1,575	26
2009	£131,550	£1,627	27
2008	£134,498	£1,375	20
2007	£160,075	£1,916	43
2006	£147,590	£1,674	44
2005	£152,611	£1,517	22
2004	£129,545	£1,605	43
2003	£119,171	£1,310	37
2002	£89,987	£1,108	50
2001	£73,602	£800	44
2000	£62,674	£733	40
1999	£59,095	£683	42
1998	£50,223	£680	33
1997	£49,851	£643	47
1996	£47,846	£588	38
1995	£45,226	£586	34

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£152,500	£3,507	2
2023	£192,312	£2,704	8
2022	£181,990	£3,386	5
2021	£176,866	£2,220	16
2020	£149,145	£2,071	10
2019	£135,112	£1,919	4
2018	£135,769	£2,064	13
2017	£142,550	£1,842	8
2016	£108,279	£1,613	7
2015	£110,979	£1,773	12
2014	£107,250	£1,437	12
2013	£114,562	£1,626	8
2012	£92,909	£1,277	11
2011	£101,290	£1,632	5
2010	£102,086	£1,457	11
2009	£111,177	£1,679	11
2008	£131,333	£2,007	6
2007	£130,471	£1,979	19
2006	£117,343	£1,532	18
2005	£107,450	£1,568	10
2004	£101,929	£1,490	17
2003	£80,329	£1,226	12
2002	£69,594	£1,000	24
2001	£62,431	£753	8
2000	£56,545	£869	11
1999	£42,953	£534	18
1998	£41,725	£569	10
1997	£39,291	£569	17
1996	£41,357	£471	7
1995	£41,624	£508	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£45,000	£827	1
2023	£137,500	£1,895	2
2022	£96,750	£1,583	6
2021	£109,833	£1,780	3
2020	£80,000	£1,159	1
2019	£71,667	£1,178	3
2018	£91,875	£1,488	4
2017	£92,000	£1,409	2
2016	£85,000	£1,545	1
2015	£82,500	£1,269	1
2014	£58,000	£931	2
2013	£78,250	£1,206	2
2012	£73,500	£1,391	2
2011	£33,000	£607	1
2009	£80,000	£1,443	1
2008	£160,000	£3,077	1
2007	£94,750	£1,480	4
2006	£88,625	£1,306	4
2005	£97,483	£1,558	3
2004	£75,190	£1,121	5
2003	£61,700	£1,112	5
2002	£27,889	£554	9
2001	£28,827	£447	9
1999	£23,000	£415	2
1998	£23,576	£499	10
1997	£13,750	£299	1
1996	£32,000	£615	1
1995	£20,690	£336	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£186,650	£2,447	3
2022	£140,000	£2,447	2
2021	£156,492	£1,347	6
2020	£128,300	£1,514	8
2019	£111,112	£1,345	4
2018	£119,992	£1,325	6
2017	£115,683	£1,229	6
2016	£98,514	£1,010	4
2015	£110,000	£733	1
2014	£93,790	£1,345	5
2013	£70,408	£864	6
2012	£89,500	£606	2
2011	£102,000	£1,021	2
2010	£108,000	£847	2
2009	£102,238	£1,295	4
2008	£119,250	£1,428	6
2007	£101,321	£1,274	21
2006	£126,686	£1,717	9
2005	£106,950	£1,364	11
2004	£96,253	£1,188	16
2003	£88,850	£1,108	7
2002	£74,445	£768	10
2001	£40,931	£504	8
2000	£38,318	£328	11
1999	£33,905	£311	10
1998	£26,333	£409	3
1997	£23,853	£275	9
1996	£32,689	£256	9
1995	£17,375	£286	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£95,000		1
2022	£976,200	£907	5
2021	£179,000		3
2020	£144,167	£2,301	3
2019	£175,925	£3,283	3
2018	£72,500	£2,213	2
2017	£117,500		2
2016	£278,000	£1,299	1
2015	£200,000		2

House Type in LN12 2LU area

The most common house types in the LN12 2LU postcode area are Detached (137), Semi-detached (32), and Terraced (7).

Total	179
Detached	137
Semi-detached	32
Terraced	7
temporary structure	2
converted building	1
Flat	0
Shared house	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (131), and Owned: Owns with a mortgage or loan (24).

Owned: Owns outright	131
Owned: Owns with a mortgage or loan	24
Private rented: Private landlord or letting agency	10
Social rented: Other social rented	7
Private rented: Other private rented	4
Shared ownership: Shared ownership	2
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the LN12 2LU have 2 people in household (94), and 1 person in household (55).

2 people in household	94
1 person in household	55
3 people in household	13
4 people in household	8
8 or more people in household	1
0 people in household	0
5 people in household	0
6 people in household	0
7 people in household	0