Housing Market Analysis for SOMERSBY COURT, LN1 2RU

Are you looking to understand LN1 2RU 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 2RU area, explore the LN1 2RU Area information page.
For comprehensive crime statistics in the LN1 2RU area, explore the LN1 2RU Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £258,000 median price is £254,250 Standard Deviation is £109,628 with Total Sold: 4
    • The Last 5 Year average price is £375,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 SOMERSBY COURT: £360,000 (Sold on 22 Sep 2017)
    • The first recorded sale happened at this postcode is 3 SOMERSBY COURT: £375,000 (Sold on 08 Jul 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average LN1 2RU 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
2017£360,000 £2,222 1
2001£148,500 £931 2
2024£375,0001

All the Sales in the SOMERSBY COURT, LN1 2RU

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

AddressSold DatePrice% Change
2 SOMERSBY COURTDetached, FreeholdArea: 162 Sq.mtrAge: 1996-200222 Sep 2017£360,000142.42%
10 Oct 2001£148,500First Sale
3 SOMERSBY COURTDetached, FreeholdArea: 157 Sq.mtrAge: 1996-200213 Jun 2001£148,500-60.40%
08 Jul 2024£375,000First Sale

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

SOMERSBY COURT, LN1 2RU Near By properties

Interactive Map

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

  • Detached
    • The average price is around £330,491 median price is £340,000 Standard Deviation is £211,970 with Total Sold: 43
    • The Last 5 Year average price is £543,929 with Total Sold: 7
    • The most recent sale happened at this postcode is , 3 SOMERSBY COURT: £375,000 (Sold on 08 Jul 2024)
    • The first recorded sale happened at this postcode is , CATALINA MAIN STREET: £86,500 (Sold on 21 Mar 1997)
  • Semi-Detached
    • The average price is around £166,134 median price is £155,000 Standard Deviation is £105,167 with Total Sold: 8
    • The Last 5 Year average price is £400,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , ROSE COTTAGE CHURCH LANE: £400,000 (Sold on 09 Sep 2022)
    • The first recorded sale happened at this postcode is , ROSE COTTAGE CHURCH LANE: £58,500 (Sold on 18 Oct 1996)
  • Other
    • The average price is around £400,000 median price is £400,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , CHEYNE HOUSE MAIN STREET: £400,000 (Sold on 01 Dec 2017)
    • The first recorded sale happened at this postcode is , CHEYNE HOUSE MAIN STREET: £400,000 (Sold on 01 Dec 2017)
  • Terraced
    • The average price is around £35,000 median price is £35,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , CHEYNE HOUSE MAIN STREET: £35,000 (Sold on 27 May 2002)
    • The first recorded sale happened at this postcode is , CHEYNE HOUSE MAIN STREET: £35,000 (Sold on 27 May 2002)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£375,0001
2021£770,000 £6,047 3
2020£435,000 £2,201 2
2019£252,500 £2,337 1
2017£403,333 £2,222 3
2016£285,667 £2,074 3
2015£258,500 £1,850 3
2014£410,000 £1,962 1
2013£185,000 £1,468 1
2011£292,500 £1,812 2
2010£329,000 £1,723 1
2009£340,000 £1,527 2
2008£382,5002
2007£288,238 £1,754 4
2006£350,000 £1,471 1
2005£465,5001
2004£400,0001
2003£444,0001
2002£344,0002
2001£160,667 £862 3
2000£161,5752
1997£100,500 £1,000 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£400,000 £6,349 1
2016£194,975 £2,545 2
2012£160,000 £1,614 1
2009£147,500 £1,513 2
2002£25,6201
1996£58,500 £929 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£400,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£35,0001

House Type in LN1 2RU area

The most common house types in the LN1 2RU postcode area are Detached (47), Terraced (20), and Semi-detached (15).

Total82
Detached47
Terraced20
Semi-detached15
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 (48), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright48
Owned: Owns with a mortgage or loan29
Private rented: Private landlord or letting agency5
Social rented: Other social rented1
Private rented: Other private 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 2RU have 2 people in household (42), and 1 person in household (17).

2 people in household42
1 person in household17
3 people in household12
4 people in household10
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0