Housing Market Analysis for MILE LANE, LN12 2QW

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £145,492 median price is £120,000 Standard Deviation is £89,067 with Total Sold: 6
    • The Last 5 Year average price is £275,000 with Total Sold: 1
    • The most recent sale happened at this postcode is MEADOW VIEW MILE LANE: £275,000 (Sold on 05 Oct 2020)
    • The first recorded sale happened at this postcode is ORWELL HOUSE MILE LANE: £60,000 (Sold on 30 Jul 1996)
  • Semi-Detached
    • The average price is around £160,500 median price is £160,500 Standard Deviation is £39,500 with Total Sold: 2
    • The Last 5 Year average price is £200,000 with Total Sold: 1
    • The most recent sale happened at this postcode is HAZELMERE MILE LANE: £200,000 (Sold on 03 Jan 2020)
    • The first recorded sale happened at this postcode is HAZELMERE MILE LANE: £121,000 (Sold on 09 Apr 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average LN12 2QW 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
2020£275,000 £1,389 1
2004£249,9501
2003£150,000 £1,163 1
1998£69,000 £558 2
1996£60,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£200,000 £2,326 1
2008£121,000 £1,407 1

All the Sales in the MILE LANE, LN12 2QW

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

AddressSold DatePrice% Change
MEADOW VIEW MILE LANEDetached, FreeholdArea: 198 Sq.mtrAge: 1900-192905 Oct 2020£275,000First Sale
HAZELMERE MILE LANESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1900-192903 Jan 2020£200,00065.29%
09 Apr 2008£121,000152.08%
06 Apr 1998£48,000First Sale
ORWELL HOUSE MILE LANEDetached, Freehold29 Nov 2004£249,950177.72%
04 Aug 1998£90,00050.00%
30 Jul 1996£60,000First Sale
ROSE-LEIGH MILE LANEDetached, FreeholdArea: 129 Sq.mtrAge: 1967-197519 Mar 2003£150,000First Sale

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

MILE LANE, LN12 2QW Near By properties

Interactive Map

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

  • Detached
    • The average price is around £145,492 median price is £120,000 Standard Deviation is £89,067 with Total Sold: 6
    • The Last 5 Year average price is £275,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , MEADOW VIEW MILE LANE: £275,000 (Sold on 05 Oct 2020)
    • The first recorded sale happened at this postcode is , ORWELL HOUSE MILE LANE: £60,000 (Sold on 30 Jul 1996)
  • Semi-Detached
    • The average price is around £160,500 median price is £160,500 Standard Deviation is £39,500 with Total Sold: 2
    • The Last 5 Year average price is £200,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , HAZELMERE MILE LANE: £200,000 (Sold on 03 Jan 2020)
    • The first recorded sale happened at this postcode is , HAZELMERE MILE LANE: £121,000 (Sold on 09 Apr 2008)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£275,000 £1,389 1
2004£249,9501
2003£150,000 £1,163 1
1998£69,000 £558 2
1996£60,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£200,000 £2,326 1
2008£121,000 £1,407 1

House Type in LN12 2QW area

The most common house types in the LN12 2QW postcode area are Detached (78), Semi-detached (39), and temporary structure (5).

Total123
Detached78
Semi-detached39
temporary structure5
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 (83), and Owned: Owns with a mortgage or loan (24).

Owned: Owns outright83
Owned: Owns with a mortgage or loan24
Private rented: Private landlord or letting agency10
Private rented: Other private rented4
Shared ownership: Shared ownership2
Does not apply0
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 2QW have 2 people in household (72), and 1 person in household (32).

2 people in household72
1 person in household32
3 people in household11
4 people in household7
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0