Housing Market Analysis for DRAKES CLOSE, LN12 2UE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £131,999 median price is £69,995 Standard Deviation is £78,682 with Total Sold: 11
    • The Last 5 Year average price is £269,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 8 DRAKES CLOSE: £275,000 (Sold on 29 Nov 2023)
    • The first recorded sale happened at this postcode is 3 DRAKES CLOSE: £67,250 (Sold on 24 Jul 1998)
  • Semi-Detached
    • The average price is around £91,250 median price is £82,250 Standard Deviation is £32,473 with Total Sold: 6
    • The most recent sale happened at this postcode is 5 DRAKES CLOSE: £132,000 (Sold on 11 Oct 2013)
    • The first recorded sale happened at this postcode is 5 DRAKES CLOSE: £46,000 (Sold on 03 Aug 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average LN12 2UE 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£269,750 £3,135 2
2017£173,000 £2,190 1
2013£175,500 £1,865 1
2009£163,000 £1,732 1
1999£68,436 £813 4
1998£63,622 £842 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£132,000 £2,093 1
2011£135,000 £2,140 1
2003£89,0001
2002£72,750 £1,197 2
1999£46,000 £729 1

All the Sales in the DRAKES CLOSE, LN12 2UE

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

AddressSold DatePrice% Change
8 DRAKES CLOSEDetached, FreeholdArea: 94.12 Sq.mtrAge: 1996-200229 Nov 2023£275,00056.70%
29 Nov 2013£175,5007.67%
10 Dec 2009£163,000132.87%
30 Jun 1999£69,995First Sale
1 DRAKES CLOSEDetached, FreeholdArea: 79 Sq.mtrAge: 1996-200209 Oct 2023£264,500279.21%
11 Oct 1999£69,750First Sale
3 DRAKES CLOSEDetached, FreeholdArea: 79 Sq.mtrAge: 1996-200221 Jul 2017£173,000157.25%
24 Jul 1998£67,250First Sale
5 DRAKES CLOSESemi-Detached, FreeholdArea: 63.08 Sq.mtrAge: 1996-200211 Oct 2013£132,000-2.22%
31 Aug 2011£135,00078.81%
07 Oct 2002£75,50064.13%
03 Aug 1999£46,000First Sale
6 DRAKES CLOSESemi-Detached, Freehold01 Apr 2003£89,00027.14%
16 May 2002£70,000First Sale
7 DRAKES CLOSEDetached, Freehold29 Oct 1999£64,500First Sale
4 DRAKES CLOSEDetached, Freehold07 Sep 1999£69,500First Sale
2 DRAKES CLOSEDetached, FreeholdArea: 72 Sq.mtrAge: 1996-200206 Oct 1998£59,995First Sale

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

DRAKES CLOSE, LN12 2UE Near By properties

Interactive Map

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

  • Detached
    • The average price is around £157,115 median price is £150,000 Standard Deviation is £82,569 with Total Sold: 938
    • The Last 5 Year average price is £283,758 with Total Sold: 120
    • The most recent sale happened at this postcode is , HARRINGTON LODGE SEA LANE: £342,000 (Sold on 13 Jun 2024)
    • The first recorded sale happened at this postcode is , 2 SHARMANS CLOSE: £61,500 (Sold on 25 Jan 1995)
  • Semi-Detached
    • The average price is around £105,209 median price is £105,000 Standard Deviation is £55,784 with Total Sold: 181
    • The Last 5 Year average price is £190,267 with Total Sold: 26
    • The most recent sale happened at this postcode is , 17 CRABTREE LANE: £229,950 (Sold on 07 Jun 2024)
    • The first recorded sale happened at this postcode is , 4 TENNYSON CLOSE: £61,950 (Sold on 01 Feb 1995)
  • Other
    • The average price is around £1,038,333 median price is £800,000 Standard Deviation is £504,585 with Total Sold: 3
    • The Last 5 Year average price is £1,270,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , GRANGE & LINKS HOTEL SEA LANE: £1,740,000 (Sold on 18 Oct 2022)
    • The first recorded sale happened at this postcode is , GRANGE & LINKS HOTEL SEA LANE: £575,000 (Sold on 21 Nov 2017)
  • Flat
    • The average price is around £52,428 median price is £36,000 Standard Deviation is £28,559 with Total Sold: 16
    • The Last 5 Year average price is £108,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 8, SANDHURST COURT SANDHURST ROAD: £108,500 (Sold on 20 Sep 2021)
    • The first recorded sale happened at this postcode is 8, SANDHURST COURT SANDHURST ROAD: £26,500 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £97,641 median price is £89,975 Standard Deviation is £54,492 with Total Sold: 16
    • The most recent sale happened at this postcode is , 6 CRABTREE LANE: £118,000 (Sold on 07 Jul 2017)
    • The first recorded sale happened at this postcode is , 10 CRABTREE LANE: £26,000 (Sold on 06 Dec 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£296,583 £3,182 6
2023£343,773 £3,219 11
2022£315,366 £3,055 25
2021£280,277 £2,635 43
2020£249,976 £2,583 21
2019£236,029 £2,233 14
2018£232,062 £2,347 30
2017£221,563 £2,226 31
2016£197,905 £2,083 39
2015£185,122 £1,869 36
2014£161,545 £1,773 30
2013£171,207 £1,716 36
2012£174,438 £1,591 28
2011£177,098 £1,744 25
2010£184,758 £1,652 25
2009£168,647 £1,733 17
2008£167,625 £2,991 16
2007£193,409 £1,762 34
2006£175,807 £1,825 30
2005£172,628 £1,664 30
2004£165,966 £1,623 34
2003£137,017 £1,585 35
2002£118,511 £1,157 54
2001£87,683 £986 60
2000£77,171 £816 47
1999£72,551 £726 59
1998£62,403 £734 38
1997£64,320 £634 27
1996£58,889 £647 33
1995£63,908 £618 24
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£205,975 £3,193 2
2023£233,917 £3,454 6
2022£126,550 £2,019 2
2021£200,993 £3,171 7
2020£165,700 £2,612 5
2019£160,738 £2,397 4
2018£156,650 £2,477 3
2017£123,738 £2,143 4
2016£124,574 £2,008 6
2015£133,375 £2,059 2
2014£138,286 £1,946 7
2013£125,700 £1,996 5
2012£110,988 £1,682 4
2011£114,200 £1,764 10
2010£122,490 £2,050 5
2009£132,750 £1,732 6
2008£129,875 £1,926 4
2007£117,611 £1,762 9
2006£108,992 £1,656 6
2005£132,993 £1,714 7
2004£108,862 £1,622 8
2003£86,000 £1,228 3
2002£66,286 £1,041 7
2001£58,810 £859 10
2000£52,764 £810 7
1999£46,467 £774 9
1998£49,986 £883 7
1997£39,905 £612 11
1996£41,347 £568 9
1995£38,817 £431 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,740,0001
2020£800,0001
2017£575,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£108,500 £2,170 1
2018£95,000 £1,900 1
2017£90,000 £1,731 1
2008£82,500 £1,587 1
2005£63,000 £1,212 1
2004£70,000 £1,346 1
2003£68,000 £1,526 1
2002£38,500 £864 1
2001£33,000 £569 1
2000£31,800 £199 2
1998£28,000 £560 1
1995£24,688 £517 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£118,000 £3,189 1
2007£120,000 £4,615 1
2005£218,0001
2004£95,000 £1,338 1
2003£139,167 £1,813 3
2002£90,6002
2001£98,975 £872 2
2000£54,500 £1,009 1
1999£71,000 £763 1
1998£31,554 £522 2
1995£26,0001

House Type in LN12 2UE area

The most common house types in the LN12 2UE postcode area are Detached (116), Semi-detached (7), and Flat (2).

Total127
Detached116
Semi-detached7
Flat2
Terraced1
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (100), and Owned: Owns with a mortgage or loan (14).

Owned: Owns outright100
Owned: Owns with a mortgage or loan14
Private rented: Private landlord or letting agency6
Private rented: Other private rented5
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN12 2UE have 2 people in household (77), and 1 person in household (38).

2 people in household77
1 person in household38
3 people in household9
4 people in household3
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0