Housing Market Analysis for MILE LANE, LN12 2QN

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £277,667 median price is £295,000 Standard Deviation is £172,716 with Total Sold: 3
    • The Last 5 Year average price is £387,500 with Total Sold: 2
    • The most recent sale happened at this postcode is IVY HOUSE FARM MILE LANE: £480,000 (Sold on 21 Nov 2023)
    • The first recorded sale happened at this postcode is WALNUT COTTAGE MILE LANE: £58,000 (Sold on 14 Jan 2002)
  • Terraced
    • The average price is around £220,000 median price is £220,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is BRIDGE FARM MILE LANE: £220,000 (Sold on 18 Aug 2008)
    • The first recorded sale happened at this postcode is BRIDGE FARM MILE LANE: £220,000 (Sold on 18 Aug 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average LN12 2QN 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
2023£480,0001
2021£295,000 £2,122 1
2002£58,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£220,000 £1,583 1

All the Sales in the MILE LANE, LN12 2QN

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

AddressSold DatePrice% Change
IVY HOUSE FARM MILE LANEDetached, Freehold21 Nov 2023£480,000First Sale
BRIDGE FARM MILE LANEDetached, FreeholdArea: 139 Sq.mtrAge: 1900-192910 Aug 2021£295,00034.09%
18 Aug 2008£220,000First Sale
WALNUT COTTAGE MILE LANEDetached, Freehold14 Jan 2002£58,000First Sale

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

MILE LANE, LN12 2QN Near By properties

Interactive Map

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

  • Detached
    • The average price is around £269,590 median price is £295,000 Standard Deviation is £138,997 with Total Sold: 5
    • The Last 5 Year average price is £387,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , IVY HOUSE FARM MILE LANE: £480,000 (Sold on 21 Nov 2023)
    • The first recorded sale happened at this postcode is , WALNUT COTTAGE MILE LANE: £58,000 (Sold on 14 Jan 2002)
  • Terraced
    • The average price is around £220,000 median price is £220,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , BRIDGE FARM MILE LANE: £220,000 (Sold on 18 Aug 2008)
    • The first recorded sale happened at this postcode is , BRIDGE FARM MILE LANE: £220,000 (Sold on 18 Aug 2008)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£480,0001
2021£295,000 £2,122 1
2018£315,000 £3,000 1
2015£199,950 £1,904 1
2002£58,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£220,000 £1,583 1

House Type in LN12 2QN area

The most common house types in the LN12 2QN postcode area are Detached (47), Semi-detached (3), and Shared house (3).

Total53
Detached47
Semi-detached3
Shared house3
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 (32), and Owned: Owns with a mortgage or loan (11).

Owned: Owns outright32
Owned: Owns with a mortgage or loan11
Private rented: Private landlord or letting agency7
Private rented: Other private rented3
Social rented: Other social rented1
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 2QN have 2 people in household (28), and 1 person in household (11).

2 people in household28
1 person in household11
3 people in household6
4 people in household3
5 people in household3
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0