Housing Market Analysis for CUMBERLAND CLOSE, LN1 2YL

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

Overview of Sold House prices

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

  • Other
    • The average price is around £157,483 median price is £157,500 Standard Deviation is £2,021 with Total Sold: 3
    • The most recent sale happened at this postcode is 1 CUMBERLAND CLOSE: £157,500 (Sold on 20 Dec 2017)
    • The first recorded sale happened at this postcode is 2 CUMBERLAND CLOSE: £159,950 (Sold on 15 Dec 2017)
  • Semi-Detached
    • The average price is around £157,000 median price is £157,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 CUMBERLAND CLOSE: £157,000 (Sold on 15 Dec 2017)
    • The first recorded sale happened at this postcode is 3 CUMBERLAND CLOSE: £157,000 (Sold on 15 Dec 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average LN1 2YL 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£157,483 £1,750 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£157,000 £1,744 1

All the Sales in the CUMBERLAND CLOSE, LN1 2YL

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

AddressSold DatePrice% Change
1 CUMBERLAND CLOSEOther, FreeholdArea: 90 Sq.mtr20 Dec 2017£157,500First Sale
4 CUMBERLAND CLOSEOther, FreeholdArea: 90 Sq.mtr18 Dec 2017£155,000First Sale
2 CUMBERLAND CLOSEOther, FreeholdArea: 90 Sq.mtr15 Dec 2017£159,950First Sale
3 CUMBERLAND CLOSESemi-Detached, FreeholdArea: 90 Sq.mtr15 Dec 2017£157,000First Sale

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

CUMBERLAND CLOSE, LN1 2YL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £105,577 median price is £89,950 Standard Deviation is £84,565 with Total Sold: 313
    • The Last 5 Year average price is £172,367 with Total Sold: 39
    • The most recent sale happened at this postcode is , 5 DORSET PLACE: £165,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 RUTLAND WAY: £29,950 (Sold on 28 Apr 1999)
  • Semi-Detached
    • The average price is around £86,779 median price is £86,950 Standard Deviation is £43,567 with Total Sold: 361
    • The Last 5 Year average price is £145,661 with Total Sold: 35
    • The most recent sale happened at this postcode is , 4 WHITLEY STREET: £135,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 7 WESTMORELAND AVENUE: £35,950 (Sold on 28 Apr 1999)
  • Detached
    • The average price is around £221,233 median price is £151,000 Standard Deviation is £166,468 with Total Sold: 26
    • The Last 5 Year average price is £367,700 with Total Sold: 10
    • The most recent sale happened at this postcode is , 2 SHROPSHIRE ROAD: £233,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , 35 WESTMORELAND AVENUE: £42,750 (Sold on 24 Jan 2000)
  • Other
    • The average price is around £154,764 median price is £159,950 Standard Deviation is £68,884 with Total Sold: 7
    • The Last 5 Year average price is £1,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , GARAGE NUMBER 6 SECOND AVENUE: £1,000 (Sold on 30 Oct 2020)
    • The first recorded sale happened at this postcode is , 1 NORTHUMBERLAND CLOSE: £240,000 (Sold on 21 Jun 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£127,500 £1,045 4
2023£138,000 £1,576 4
2022£162,714 £1,958 7
2021£197,476 £2,062 20
2020£142,950 £1,586 4
2019£154,250 £1,937 6
2018£149,875 £1,644 8
2017£209,733 £1,973 15
2016£273,227 £2,327 11
2015£215,525 £2,020 14
2014£98,190 £1,231 10
2013£88,408 £1,128 6
2012£87,400 £1,033 10
2011£98,475 £1,188 2
2010£92,558 £1,088 6
2009£101,000 £1,192 2
2008£120,333 £1,445 3
2007£110,489 £1,163 9
2006£100,162 £1,261 12
2005£103,154 £1,266 13
2004£87,756 £1,028 17
2003£83,573 £1,000 13
2002£54,603 £629 19
2001£44,240 £526 74
2000£40,119 £494 13
1999£34,541 £422 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,0001
2023£156,250 £1,944 4
2022£165,865 £1,914 10
2021£141,500 £1,646 10
2020£126,450 £1,534 10
2019£149,893 £1,691 14
2018£133,869 £1,539 8
2017£123,188 £1,420 12
2016£118,889 £1,453 9
2015£127,462 £1,403 13
2014£105,500 £1,254 10
2013£94,350 £1,178 10
2011£112,890 £1,616 5
2010£90,259 £1,005 9
2009£83,250 £910 20
2008£118,500 £1,313 2
2007£111,156 £1,259 9
2006£104,908 £1,325 12
2005£104,400 £1,273 16
2004£97,065 £1,291 13
2003£79,377 £1,094 15
2002£65,355 £782 29
2001£48,051 £553 70
2000£44,272 £576 16
1999£36,107 £467 34
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£233,0001
2023£180,000 £2,000 1
2022£430,000 £2,749 2
2021£416,800 £2,569 5
2020£320,000 £3,556 1
2019£330,000 £2,768 3
2018£128,000 £1,320 1
2017£125,000 £1,437 1
2013£125,000 £1,289 1
2007£143,000 £1,277 1
2006£89,000 £1,299 1
2004£86,000 £1,413 1
2003£74,000 £925 1
2002£66,9501
2001£50,700 £528 2
2000£48,900 £611 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£1,0001
2018£184,950 £2,078 2
2017£178,112 £1,651 4

House Type in LN1 2YL area

The most common house types in the LN1 2YL postcode area are Semi-detached (103), Terraced (94), and Detached (11).

Total209
Semi-detached103
Terraced94
Detached11
Flat1
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 (141), and Private rented: Private landlord or letting agency (28).

Owned: Owns with a mortgage or loan141
Private rented: Private landlord or letting agency28
Owned: Owns outright22
Private rented: Other private rented17
Social rented: Other social rented2
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 2YL have 2 people in household (55), and 1 person in household (52).

2 people in household55
1 person in household52
3 people in household48
4 people in household42
5 people in household9
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0