Housing Market Analysis for DANES TERRACE, LN2 1LP

Are you looking to understand LN2 1LP 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 LN2 1LP area, explore the LN2 1LP Area information page.
For comprehensive crime statistics in the LN2 1LP area, explore the LN2 1LP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN2 1LP postcode area, The average prices are as follows,

  • Other
    • The average price is around £270,000 median price is £270,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is KINGDOM HALL DANES TERRACE: £270,000 (Sold on 11 Dec 2017)
    • The first recorded sale happened at this postcode is KINGDOM HALL DANES TERRACE: £270,000 (Sold on 11 Dec 2017)
  • Terraced
    • The average price is around £96,600 median price is £78,000 Standard Deviation is £47,785 with Total Sold: 5
    • The most recent sale happened at this postcode is 1B DANES TERRACE: £145,000 (Sold on 26 May 2009)
    • The first recorded sale happened at this postcode is 1C DANES TERRACE: £41,000 (Sold on 17 Dec 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average LN2 1LP 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£270,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£145,000 £2,025 1
2007£161,0001
2002£78,000 £1,300 1
2000£58,000 £967 1
1998£41,0001

All the Sales in the DANES TERRACE, LN2 1LP

See the table below for more details on the sold house prices in the LN2 1LP, Lincoln postcode.

AddressSold DatePrice% Change
KINGDOM HALL DANES TERRACEOther, Freehold11 Dec 2017£270,000First Sale
1B DANES TERRACETerraced, FreeholdArea: 71.592 Sq.mtrAge: before 190026 May 2009£145,000First Sale
1C DANES TERRACETerraced, Freehold18 May 2007£161,000292.68%
17 Dec 1998£41,000First Sale
KENTON DANES TERRACETerraced, FreeholdArea: 60 Sq.mtrAge: before 190026 Apr 2002£78,00034.48%
24 Oct 2000£58,000First Sale

Check out the sold house prices near the LN2 1LP postcode. Properties currently for saleProperties currently for rent

DANES TERRACE, LN2 1LP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN2 1LP 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 LN2 1LP postcode.

  • Terraced
    • The average price is around £122,163 median price is £102,000 Standard Deviation is £122,457 with Total Sold: 1,752
    • The Last 5 Year average price is £198,081 with Total Sold: 275
    • The most recent sale happened at this postcode is , 4 BROOK STREET: £120,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 17 SPA BUILDINGS: £8,000 (Sold on 13 Jan 1995)
  • Flat
    • The average price is around £148,190 median price is £124,000 Standard Deviation is £131,249 with Total Sold: 521
    • The Last 5 Year average price is £264,248 with Total Sold: 104
    • The most recent sale happened at this postcode is 2, FRANCIS HILL COURT CHURCH LANE: £380,000 (Sold on 07 Aug 2024)
    • The first recorded sale happened at this postcode is 7, FRANCIS HILL COURT CHURCH LANE: £90,000 (Sold on 07 Mar 1995)
  • Other
    • The average price is around £966,548 median price is £400,000 Standard Deviation is £1,957,932 with Total Sold: 171
    • The Last 5 Year average price is £841,770 with Total Sold: 95
    • The most recent sale happened at this postcode is , 6 WEST PARADE: £285,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 28 SINCIL STREET: £285,000 (Sold on 04 Aug 2008)
  • Detached
    • The average price is around £312,926 median price is £245,000 Standard Deviation is £265,601 with Total Sold: 295
    • The Last 5 Year average price is £537,001 with Total Sold: 35
    • The most recent sale happened at this postcode is , 8 NORTHGATE: £1,000,000 (Sold on 10 May 2024)
    • The first recorded sale happened at this postcode is , 42 SPRING HILL: £76,000 (Sold on 16 Mar 1995)
  • Semi-Detached
    • The average price is around £177,308 median price is £134,056 Standard Deviation is £174,087 with Total Sold: 298
    • The Last 5 Year average price is £328,886 with Total Sold: 38
    • The most recent sale happened at this postcode is , 65 ALEXANDRA TERRACE: £133,000 (Sold on 20 Oct 2023)
    • The first recorded sale happened at this postcode is , 3 NETTLEHAM ROAD: £26,500 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£158,780 £1,778 30
2023£182,643 £1,799 38
2022£230,741 £2,323 64
2021£210,389 £2,440 55
2020£210,614 £1,832 35
2019£170,906 £1,717 53
2018£150,043 £1,758 56
2017£178,666 £1,792 43
2016£217,758 £1,803 64
2015£163,266 £1,739 66
2014£134,195 £1,718 52
2013£150,971 £1,699 45
2012£133,848 £1,450 57
2011£104,518 £1,314 28
2010£130,987 £1,574 47
2009£142,669 £1,519 29
2008£120,533 £1,659 36
2007£137,893 £1,627 74
2006£141,946 £1,496 74
2005£125,324 £1,438 60
2004£130,271 £1,408 86
2003£116,138 £1,172 98
2002£76,613 £776 102
2001£61,310 £656 84
2000£49,991 £535 76
1999£54,231 £443 70
1998£38,387 £434 69
1997£36,550 £444 69
1996£36,202 £461 43
1995£34,677 £400 49
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£312,5002
2023£272,866 £2,555 19
2022£179,639 £2,660 18
2021£243,145 £2,549 22
2020£291,958 £2,618 19
2019£314,267 £3,024 24
2018£135,179 £2,360 19
2017£141,979 £2,178 24
2016£143,544 £2,365 25
2015£148,903 £2,125 29
2014£139,586 £2,315 11
2013£142,164 £2,037 19
2012£160,688 £2,148 17
2011£136,465 £1,637 17
2010£133,350 £1,986 7
2009£130,797 £2,088 21
2008£137,699 £2,422 18
2007£146,295 £2,157 34
2006£147,200 £1,897 37
2005£136,810 £2,240 20
2004£99,032 £1,665 14
2003£111,070 £1,913 12
2002£57,190 £1,210 10
2001£49,758 £961 13
2000£47,908 £924 30
1999£34,410 £659 9
1998£51,317 £752 9
1997£46,717 £625 9
1996£60,000 £768 6
1995£44,550 £517 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£420,0004
2023£583,217 £5,214 13
2022£850,000 £2,806 22
2021£1,054,816 £7,113 25
2020£765,500 £2,161 12
2019£865,786 £4,428 19
2018£859,333 £3,920 24
2017£762,426 £1,930 14
2016£676,20319
2015£1,685,308 £520 10
2014£3,952,542 £2,635 6
2013£156,250 £1,231 2
2008£285,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£795,000 £4,551 2
2023£352,000 £3,619 4
2022£538,230 £3,323 12
2021£724,167 £2,981 6
2020£443,031 £3,227 9
2019£503,000 £4,373 2
2018£437,192 £2,701 13
2017£398,500 £3,471 6
2016£565,375 £2,698 8
2015£340,619 £1,903 8
2014£903,833 £3,128 3
2013£393,000 £1,952 7
2012£253,750 £2,278 2
2011£290,790 £1,929 5
2010£302,833 £2,009 6
2009£339,996 £1,609 12
2008£256,368 £2,269 17
2007£360,711 £2,453 18
2006£281,557 £2,134 15
2005£293,033 £2,167 12
2004£294,947 £1,786 19
2003£311,430 £1,585 15
2002£312,653 £1,411 17
2001£240,462 £1,063 10
2000£126,731 £962 13
1999£88,286 £620 7
1998£128,145 £715 20
1997£198,450 £744 11
1996£88,895 £589 10
1995£64,750 £713 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£360,111 £2,213 9
2022£297,444 £2,944 9
2021£268,500 £1,923 8
2020£278,500 £1,743 6
2019£460,109 £2,462 6
2018£258,688 £2,357 8
2017£201,490 £2,146 5
2016£333,727 £2,015 11
2015£292,929 £2,333 7
2014£196,206 £2,146 8
2013£242,000 £2,355 4
2012£212,158 £1,832 6
2011£184,209 £1,568 11
2010£130,000 £2,173 2
2009£214,700 £962 5
2008£121,518 £1,258 8
2007£238,864 £2,265 18
2006£169,932 £1,723 22
2005£215,471 £2,099 18
2004£163,934 £1,808 16
2003£143,231 £1,354 13
2002£99,646 £932 13
2001£82,800 £884 16
2000£64,027 £661 15
1999£72,246 £567 12
1998£59,908 £388 6
1997£65,355 £551 12
1996£67,156 £452 16
1995£41,500 £551 8

House Type in LN2 1LP area

The most common house types in the LN2 1LP postcode area are Flat (67), Terraced (24), and Shared house (13).

Total118
Flat67
Terraced24
Shared house13
commercial building5
Semi-detached4
Detached3
converted building2
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (71), and Owned: Owns outright (17).

Private rented: Private landlord or letting agency71
Owned: Owns outright17
Owned: Owns with a mortgage or loan9
Private rented: Other private rented9
Social rented: Rents from council or Local Authority5
Social rented: Other social rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN2 1LP have 1 person in household (66), and 2 people in household (37).

1 person in household66
2 people in household37
3 people in household7
4 people in household2
5 people in household2
7 people in household1
8 or more people in household1
0 people in household0
6 people in household0