Housing Market Analysis for WILLIS TERRACE, LN1 3LQ

Are you looking to understand LN1 3LQ 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 Lincoln postcode.

For the location information and nearby amenities in the LN1 3LQ area, explore the LN1 3LQ Area information page.
For comprehensive crime statistics in the LN1 3LQ area, explore the LN1 3LQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN1 3LQ postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £72,750 median price is £72,750 Standard Deviation is £27,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 WILLIS TERRACE: £100,000 (Sold on 17 Jan 2012)
    • The first recorded sale happened at this postcode is 1 WILLIS TERRACE: £45,500 (Sold on 17 Feb 2000)
  • Terraced
    • The average price is around £119,500 median price is £119,500 Standard Deviation is £2,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 6 WILLIS TERRACE: £122,000 (Sold on 29 Oct 2010)
    • The first recorded sale happened at this postcode is 6 WILLIS TERRACE: £117,000 (Sold on 25 May 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average LN1 3LQ 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£100,000 £1,422 1
2000£45,500 £647 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£122,000 £1,575 1
2004£117,000 £1,510 1

All the Sales in the WILLIS TERRACE, LN1 3LQ

See the table below for more details on the sold house prices in the LN1 3LQ, Lincoln postcode.

AddressSold DatePrice% Change
1 WILLIS TERRACESemi-Detached, FreeholdArea: 70.32 Sq.mtrAge: 1930-194917 Jan 2012£100,000119.78%
17 Feb 2000£45,500First Sale
6 WILLIS TERRACETerraced, FreeholdArea: 77.46 Sq.mtrAge: 1950-196629 Oct 2010£122,0004.27%
25 May 2004£117,000First Sale

Check out the sold house prices near the LN1 3LQ postcode. Properties currently for saleProperties currently for rent

WILLIS TERRACE, LN1 3LQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN1 3LQ 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 3LQ postcode.

  • Terraced
    • The average price is around £115,103 median price is £110,000 Standard Deviation is £71,820 with Total Sold: 3,782
    • The Last 5 Year average price is £196,807 with Total Sold: 562
    • The most recent sale happened at this postcode is , 15 OLIVE STREET: £190,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 27 GRESHAM STREET: £35,900 (Sold on 04 Jan 1995)
  • Semi-Detached
    • The average price is around £151,545 median price is £134,000 Standard Deviation is £102,627 with Total Sold: 711
    • The Last 5 Year average price is £267,372 with Total Sold: 91
    • The most recent sale happened at this postcode is , 28 MAY CRESCENT: £300,000 (Sold on 06 Jun 2024)
    • The first recorded sale happened at this postcode is , 28 MAY CRESCENT: £50,000 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £211,434 median price is £180,000 Standard Deviation is £156,056 with Total Sold: 280
    • The Last 5 Year average price is £349,730 with Total Sold: 49
    • The most recent sale happened at this postcode is , 40 LONG LEYS ROAD: £368,000 (Sold on 17 Apr 2024)
    • The first recorded sale happened at this postcode is , 213 YARBOROUGH ROAD: £105,000 (Sold on 25 Jan 1995)
  • Other
    • The average price is around £644,869 median price is £310,000 Standard Deviation is £999,298 with Total Sold: 73
    • The Last 5 Year average price is £747,105 with Total Sold: 43
    • The most recent sale happened at this postcode is , 31 VERE STREET: £200,000 (Sold on 05 Apr 2024)
    • The first recorded sale happened at this postcode is , THE IVY TAVERN, 51 NEWPORT: £295,000 (Sold on 20 May 2015)
  • Flat
    • The average price is around £191,247 median price is £120,000 Standard Deviation is £204,152 with Total Sold: 163
    • The Last 5 Year average price is £397,509 with Total Sold: 39
    • The most recent sale happened at this postcode is 8, BEAUMONT COURT SPRING HILL: £130,000 (Sold on 18 Aug 2023)
    • The first recorded sale happened at this postcode is , 88 YARBOROUGH ROAD: £24,250 (Sold on 10 Feb 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£192,652 £2,057 44
2023£208,122 £2,196 81
2022£214,906 £2,439 118
2021£194,862 £2,302 131
2020£192,684 £2,104 90
2019£173,912 £2,056 98
2018£163,663 £1,941 121
2017£174,210 £1,887 129
2016£161,889 £1,847 123
2015£152,582 £1,773 119
2014£150,515 £1,779 139
2013£149,731 £1,748 94
2012£133,233 £1,576 83
2011£133,660 £1,447 66
2010£132,186 £1,544 88
2009£133,704 £1,463 46
2008£126,635 £1,536 72
2007£135,867 £1,694 152
2006£133,688 £1,564 138
2005£128,412 £1,447 100
2004£118,788 £1,474 172
2003£106,140 £1,212 209
2002£76,503 £888 179
2001£61,594 £705 213
2000£52,697 £607 157
1999£43,525 £523 152
1998£42,891 £485 178
1997£40,122 £474 191
1996£37,323 £457 159
1995£36,425 £427 140
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£310,1254
2023£318,569 £2,351 13
2022£295,509 £3,198 20
2021£206,436 £2,420 19
2020£276,278 £2,021 18
2019£243,735 £2,075 17
2018£223,667 £2,275 15
2017£208,672 £1,972 20
2016£209,476 £1,886 23
2015£232,318 £1,870 14
2014£215,748 £1,907 17
2013£193,996 £1,800 12
2012£188,593 £1,706 22
2011£168,600 £1,498 15
2010£163,910 £1,596 10
2009£172,889 £1,409 18
2008£146,030 £1,921 15
2007£186,778 £1,558 38
2006£158,797 £1,607 42
2005£159,274 £1,580 31
2004£159,403 £1,609 41
2003£126,226 £1,279 42
2002£101,800 £1,015 39
2001£92,710 £782 31
2000£71,287 £695 43
1999£63,900 £533 30
1998£58,266 £533 28
1997£60,962 £454 28
1996£56,781 £486 35
1995£46,309 £465 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£345,037 £3,487 5
2023£235,000 £2,657 4
2022£472,547 £2,871 13
2021£493,000 £2,620 6
2020£262,700 £2,451 10
2019£249,409 £2,209 11
2018£344,359 £2,577 11
2017£262,403 £2,219 9
2016£364,000 £2,029 5
2015£341,250 £1,935 4
2014£277,280 £2,259 5
2013£149,075 £1,692 2
2012£277,875 £1,838 4
2011£196,500 £1,764 8
2010£250,500 £1,592 5
2009£223,740 £1,515 10
2008£207,636 £2,198 7
2007£279,267 £2,276 12
2006£255,238 £1,946 8
2005£212,086 £1,931 11
2004£206,063 £1,573 23
2003£138,203 £1,443 18
2002£148,164 £1,063 21
2001£105,062 £1,044 8
2000£95,862 £881 12
1999£66,050 £512 9
1998£77,389 £720 14
1997£101,362 £684 4
1996£63,239 £463 14
1995£56,357 £608 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£200,0001
2023£437,333 £1,995 9
2022£977,500 £2,560 13
2021£1,038,917 £12,739 12
2020£289,750 £2,883 4
2019£414,000 £3,266 4
2018£738,833 £4,911 9
2017£370,688 £1,883 13
2016£522,750 £580 6
2015£172,5002
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£583,500 £2,609 4
2022£150,524 £2,597 7
2021£348,333 £2,269 9
2020£547,529 £3,523 7
2019£428,958 £3,231 12
2018£184,375 £2,115 4
2017£136,850 £2,092 10
2016£162,768 £2,752 11
2015£148,293 £2,165 12
2014£135,167 £2,385 6
2013£172,667 £2,070 6
2012£252,492 £2,822 6
2011£163,850 £1,821 14
2010£78,167 £1,573 3
2007£131,158 £2,272 6
2006£119,417 £1,610 6
2005£126,667 £2,210 3
2004£110,020 £1,637 5
2003£92,100 £1,671 5
2002£47,833 £957 3
2001£66,975 £959 2
2000£46,638 £687 8
1999£35,000 £588 1
1998£48,100 £741 5
1997£39,850 £576 4
1996£82,500 £724 1
1995£14,033 £164 3

House Type in LN1 3LQ area

The most common house types in the LN1 3LQ postcode area are Terraced (82), Semi-detached (22), and Flat (15).

Total129
Terraced82
Semi-detached22
Flat15
Detached5
commercial building3
Shared house1
converted building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (44), and Private rented: Private landlord or letting agency (37).

Owned: Owns outright44
Private rented: Private landlord or letting agency37
Owned: Owns with a mortgage or loan20
Social rented: Rents from council or Local Authority20
Social rented: Other social rented5
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN1 3LQ have 1 person in household (58), and 2 people in household (52).

1 person in household58
2 people in household52
3 people in household12
4 people in household6
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0