Housing Market Analysis for SCHOOL LANE, LN1 2RL

Are you looking to understand LN1 2RL 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 West Lindsey postcode.

For the location information and nearby amenities in the LN1 2RL area, explore the LN1 2RL Area information page.
For comprehensive crime statistics in the LN1 2RL area, explore the LN1 2RL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN1 2RL postcode area, The average prices are as follows,

  • Detached
    • The average price is around £462,500 median price is £450,000 Standard Deviation is £90,312 with Total Sold: 4
    • The Last 5 Year average price is £453,333 with Total Sold: 3
    • The most recent sale happened at this postcode is LOW BARN SCHOOL LANE: £410,000 (Sold on 05 Apr 2023)
    • The first recorded sale happened at this postcode is DOWNALONG SCHOOL LANE: £490,000 (Sold on 24 Oct 2014)
  • Other
    • The average price is around £315,000 median price is £315,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is LOW BARN SCHOOL LANE: £315,000 (Sold on 30 Nov 2017)
    • The first recorded sale happened at this postcode is LOW BARN SCHOOL LANE: £315,000 (Sold on 30 Nov 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average LN1 2RL 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£410,000 £3,254 1
2020£355,000 £2,817 1
2019£595,0001
2014£490,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£315,000 £2,500 1

All the Sales in the SCHOOL LANE, LN1 2RL

See the table below for more details on the sold house prices in the LN1 2RL, West Lindsey postcode.

AddressSold DatePrice% Change
LOW BARN SCHOOL LANEDetached, FreeholdArea: 126 Sq.mtrAge: 2007 onwards05 Apr 2023£410,00015.49%
09 Dec 2020£355,00012.70%
30 Nov 2017£315,000First Sale
DOWNALONG SCHOOL LANEDetached, Freehold08 May 2019£595,00021.43%
24 Oct 2014£490,000First Sale

Check out the sold house prices near the LN1 2RL postcode. Properties currently for saleProperties currently for rent

SCHOOL LANE, LN1 2RL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN1 2RL 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 LN1 2RL postcode.

  • Detached
    • The average price is around £400,000 median price is £410,000 Standard Deviation is £148,829 with Total Sold: 5
    • The Last 5 Year average price is £453,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , LOW BARN SCHOOL LANE: £410,000 (Sold on 05 Apr 2023)
    • The first recorded sale happened at this postcode is , CHARTFIELDS HOUSE : £150,000 (Sold on 10 Jul 1998)
  • Semi-Detached
    • The average price is around £128,200 median price is £125,250 Standard Deviation is £76,813 with Total Sold: 10
    • The Last 5 Year average price is £237,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 1, MARRIS COTTAGE MIDDLE STREET: £214,000 (Sold on 28 Jun 2021)
    • The first recorded sale happened at this postcode is , SKYLARK COTTAGE MIDDLE STREET: £48,500 (Sold on 08 Sep 1995)
  • Other
    • The average price is around £520,667 median price is £352,000 Standard Deviation is £265,124 with Total Sold: 3
    • The Last 5 Year average price is £895,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , CEDAR FARM MAIN STREET: £895,000 (Sold on 28 May 2021)
    • The first recorded sale happened at this postcode is , WESTERLEY MIDDLE STREET: £352,000 (Sold on 07 Sep 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£410,000 £3,254 1
2020£355,000 £2,817 1
2019£595,0001
2014£490,0001
1998£150,000 £1,974 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£237,000 £2,152 2
2015£175,000 £1,296 1
2014£185,000 £1,492 1
2009£169,000 £1,363 1
2001£81,500 £604 1
1998£46,000 £323 2
1996£57,000 £422 1
1995£48,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£895,0001
2017£315,000 £2,500 1
2016£352,000 £2,588 1

House Type in LN1 2RL area

The most common house types in the LN1 2RL postcode area are Detached (36), Semi-detached (25), and Terraced (7).

Total68
Detached36
Semi-detached25
Terraced7
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (30), and Private rented: Private landlord or letting agency (20).

Owned: Owns outright30
Private rented: Private landlord or letting agency20
Owned: Owns with a mortgage or loan18
Private rented: Other private rented4
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 LN1 2RL have 2 people in household (30), and 1 person in household (23).

2 people in household30
1 person in household23
3 people in household11
4 people in household5
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0