Housing Market Analysis for SPENCER CLOSE, LN1 2WY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £73,516 median price is £56,950 Standard Deviation is £28,934 with Total Sold: 31
    • The Last 5 Year average price is £128,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 6 SPENCER CLOSE: £130,000 (Sold on 25 Nov 2021)
    • The first recorded sale happened at this postcode is 11 SPENCER CLOSE: £69,950 (Sold on 31 Oct 2001)
  • Other
    • The average price is around £50,361 median price is £50,361 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 SPENCER CLOSE: £50,361 (Sold on 11 Oct 2013)
    • The first recorded sale happened at this postcode is 10 SPENCER CLOSE: £50,361 (Sold on 11 Oct 2013)
  • Detached
    • The average price is around £54,000 median price is £54,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 SPENCER CLOSE: £54,000 (Sold on 13 Dec 2001)
    • The first recorded sale happened at this postcode is 8 SPENCER CLOSE: £54,000 (Sold on 13 Dec 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average LN1 2WY 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£131,500 £2,346 2
2019£123,000 £2,151 1
2018£120,750 £2,082 1
2016£89,475 £1,571 2
2015£96,500 £1,693 3
2013£56,500 £991 1
2011£50,000 £962 1
2010£53,250 £951 2
2009£52,500 £905 1
2008£58,700 £1,030 1
2007£83,500 £2,120 2
2006£52,500 £913 2
2002£68,475 £1,225 2
2001£57,065 £993 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£50,361 £969 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£54,000 £947 1

All the Sales in the SPENCER CLOSE, LN1 2WY

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

AddressSold DatePrice% Change
6 SPENCER CLOSETerraced, FreeholdArea: 54.94 Sq.mtrAge: 1996-200225 Nov 2021£130,000120.53%
15 Apr 2016£58,95012.29%
09 Apr 2010£52,500-6.17%
30 Nov 2001£55,950First Sale
2 SPENCER CLOSETerraced, FreeholdArea: 57.17 Sq.mtrAge: 1996-200214 May 2021£133,0008.13%
11 Jan 2019£123,000119.84%
07 Dec 2001£55,950First Sale
9 SPENCER CLOSETerraced, FreeholdArea: 58 Sq.mtrAge: 1996-200215 Jan 2018£120,7500.62%
12 Oct 2016£120,000128.57%
02 Oct 2009£52,5005.00%
11 Oct 2006£50,000-7.41%
13 Dec 2001£54,000First Sale
5 SPENCER CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1996-200205 Nov 2015£117,000107.08%
05 Apr 2013£56,5002.73%
21 Apr 2006£55,0001.85%
30 Nov 2001£54,000First Sale
8 SPENCER CLOSETerraced, FreeholdArea: 57 Sq.mtrAge: 1996-200230 Jul 2015£115,000100.00%
30 Jul 2015£57,5006.48%
14 May 2010£54,000-8.01%
18 Mar 2008£58,7008.70%
13 Dec 2001£54,000First Sale
10 SPENCER CLOSEOther, LeaseholdArea: 51.99 Sq.mtrAge: 1996-200211 Oct 2013£50,3610.72%
16 Sep 2011£50,000-7.41%
13 Dec 2001£54,000First Sale
4 SPENCER CLOSETerraced, FreeholdArea: 54 Sq.mtrAge: 1996-200225 Jul 2007£114,50063.69%
13 Sep 2002£69,95022.83%
16 Nov 2001£56,950First Sale
3 SPENCER CLOSETerraced, Leasehold23 Mar 2007£52,500-6.17%
30 Nov 2001£55,950First Sale
7 SPENCER CLOSETerraced, FreeholdArea: 58 Sq.mtrAge: 1996-200213 Sep 2002£67,00017.65%
19 Dec 2001£56,950First Sale
1 SPENCER CLOSETerraced, Freehold30 Nov 2001£56,950First Sale
11 SPENCER CLOSETerraced, Freehold31 Oct 2001£69,950First Sale

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

SPENCER CLOSE, LN1 2WY Near By properties

Interactive Map

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

  • Detached
    • The average price is around £199,365 median price is £184,950 Standard Deviation is £104,039 with Total Sold: 323
    • The Last 5 Year average price is £352,572 with Total Sold: 48
    • The most recent sale happened at this postcode is , 5 WELLS COURT: £365,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 46 MILL LANE: £66,000 (Sold on 06 Feb 1995)
  • Terraced
    • The average price is around £94,776 median price is £91,950 Standard Deviation is £44,254 with Total Sold: 139
    • The Last 5 Year average price is £150,423 with Total Sold: 13
    • The most recent sale happened at this postcode is , 1 DAUBENEY AVENUE: £155,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 9 - 10 LINCOLN ROAD: £18,000 (Sold on 15 Sep 1997)
  • Flat
    • The average price is around £105,500 median price is £105,800 Standard Deviation is £8,315 with Total Sold: 7
    • The Last 5 Year average price is £101,500 with Total Sold: 5
    • The most recent sale happened at this postcode is , 2 NAVIGATION COURT: £103,000 (Sold on 06 Apr 2023)
    • The first recorded sale happened at this postcode is , 6 NAVIGATION COURT: £113,500 (Sold on 10 Feb 2017)
  • Semi-Detached
    • The average price is around £113,859 median price is £114,000 Standard Deviation is £61,099 with Total Sold: 98
    • The Last 5 Year average price is £179,357 with Total Sold: 14
    • The most recent sale happened at this postcode is , 7 BRIDGE STREET: £145,000 (Sold on 24 Feb 2023)
    • The first recorded sale happened at this postcode is , 11 BRIDGE STREET: £35,750 (Sold on 23 Jun 1995)
  • Other
    • The average price is around £168,562 median price is £99,000 Standard Deviation is £157,295 with Total Sold: 14
    • The Last 5 Year average price is £157,100 with Total Sold: 5
    • The most recent sale happened at this postcode is , PADDOCK VIEW MAYS LANE: £350,000 (Sold on 30 Sep 2021)
    • The first recorded sale happened at this postcode is , 10 SPENCER CLOSE: £50,361 (Sold on 11 Oct 2013)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£413,3333
2023£460,158 £2,822 6
2022£364,400 £2,334 5
2021£344,579 £2,257 19
2020£282,600 £2,144 10
2019£345,500 £2,084 5
2018£302,045 £2,292 11
2017£286,188 £2,258 8
2016£238,222 £1,830 9
2015£232,000 £1,714 15
2014£223,318 £1,796 11
2013£228,312 £1,548 8
2012£202,493 £1,773 7
2011£211,917 £1,579 6
2010£188,786 £1,645 7
2009£183,750 £1,734 4
2008£193,286 £1,665 7
2007£224,644 £1,617 17
2006£196,667 £1,601 9
2005£209,000 £1,287 5
2004£199,054 £1,382 14
2003£168,612 £1,181 21
2002£140,619 £997 41
2001£112,991 £934 16
2000£93,246 £829 27
1999£103,076 £725 19
1998£98,500 £435 4
1997£48,571 £512 7
1995£54,500 £627 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£164,500 £3,000 2
2022£149,167 £2,547 3
2021£140,500 £2,441 4
2020£120,000 £2,143 1
2019£165,667 £2,207 3
2018£126,083 £2,213 3
2017£129,562 £2,168 4
2016£125,343 £1,628 7
2015£121,643 £1,808 7
2014£121,000 £1,817 4
2013£85,500 £1,410 4
2012£109,667 £1,924 3
2011£83,333 £1,503 3
2010£81,100 £1,457 5
2009£52,500 £905 1
2008£101,550 £1,574 4
2007£90,667 £1,862 3
2006£94,119 £1,541 8
2005£86,000 £1,402 2
2004£137,185 £1,550 8
2003£85,908 £1,487 6
2002£65,370 £1,131 5
2001£78,332 £911 28
2000£47,826 £811 19
1997£42,5002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£103,000 £1,635 1
2021£99,775 £1,465 2
2020£110,0001
2019£94,9501
2018£117,500 £1,836 1
2017£113,500 £1,773 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£145,000 £3,537 1
2022£143,000 £2,509 1
2021£197,750 £2,341 6
2020£173,333 £1,925 3
2019£172,167 £2,478 3
2018£208,500 £1,938 3
2017£129,500 £1,129 2
2016£174,167 £1,611 3
2015£113,439 £1,352 9
2014£145,500 £1,638 3
2013£115,250 £1,131 2
2012£104,000 £1,494 2
2011£129,167 £1,601 3
2010£145,500 £1,469 2
2009£148,000 £1,526 1
2008£310,0001
2007£130,325 £1,762 6
2006£125,0001
2005£129,071 £1,487 7
2004£104,600 £1,331 5
2003£73,833 £961 3
2002£61,480 £500 5
2001£63,738 £723 8
2000£49,783 £784 7
1998£52,167 £585 3
1997£41,390 £491 5
1996£49,000 £505 1
1995£37,2502
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£250,000 £2,917 2
2020£99,0002
2019£87,5001
2018£72,000 £600 1
2017£142,500 £1,553 2
2016£105,667 £1,132 3
2015£600,0001
2014£250,0001
2013£50,361 £969 1

House Type in LN1 2WY area

The most common house types in the LN1 2WY postcode area are Detached (147), Semi-detached (32), and Terraced (16).

Total195
Detached147
Semi-detached32
Terraced16
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 with a mortgage or loan (85), and Owned: Owns outright (77).

Owned: Owns with a mortgage or loan85
Owned: Owns outright77
Private rented: Private landlord or letting agency20
Private rented: Other private rented7
Shared ownership: Shared ownership3
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the LN1 2WY have 2 people in household (84), and 3 people in household (35).

2 people in household84
3 people in household35
1 person in household33
4 people in household32
5 people in household13
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0