Housing Market Analysis for STEEP HILL, LN2 1LU

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £151,875 median price is £160,000 Standard Deviation is £34,432 with Total Sold: 4
    • The Last 5 Year average price is £160,000 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT 1, 36A STEEP HILL: £170,000 (Sold on 03 Aug 2022)
    • The first recorded sale happened at this postcode is FLAT 1, 36A STEEP HILL: £97,500 (Sold on 12 Aug 2016)
  • Other
    • The average price is around £1,160,000 median price is £1,160,000 Standard Deviation is £0 with Total Sold: 2
    • The Last 5 Year average price is £1,160,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 32 STEEP HILL: £1,160,000 (Sold on 20 Oct 2021)
    • The first recorded sale happened at this postcode is 30 STEEP HILL: £1,160,000 (Sold on 20 Oct 2021)
  • Terraced
    • The average price is around £171,938 median price is £133,750 Standard Deviation is £141,207 with Total Sold: 8
    • The most recent sale happened at this postcode is 33 STEEP HILL: £335,000 (Sold on 01 Jun 2010)
    • The first recorded sale happened at this postcode is 44A STEEP HILL: £82,500 (Sold on 31 Jan 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average LN2 1LU 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£170,000 £3,953 1
2020£150,000 £3,488 1
2017£190,000 £2,940 1
2016£97,500 £2,267 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,160,0002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£335,0001
2007£35,0001
2006£395,0001
2005£28,0001
2003£290,000 £2,929 1
2002£25,0001
2001£185,0001
2000£82,500 £833 1

All the Sales in the STEEP HILL, LN2 1LU

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

AddressSold DatePrice% Change
FLAT 1, 36A STEEP HILLFlat, LeaseholdArea: 43 Sq.mtrAge: 1967-197503 Aug 2022£170,00013.33%
28 Aug 2020£150,00053.85%
12 Aug 2016£97,500First Sale
32 STEEP HILLOther, Freehold20 Oct 2021£1,160,000First Sale
30 STEEP HILLOther, Freehold20 Oct 2021£1,160,000First Sale
FLAT 2, 36A STEEP HILLFlat, LeaseholdArea: 64.62 Sq.mtrAge: before 190019 Sep 2017£190,000First Sale
33 STEEP HILLTerraced, Freehold01 Jun 2010£335,00081.08%
04 Dec 2001£185,000First Sale
34 STEEP HILLTerraced, Leasehold26 Jul 2007£35,00025.00%
19 Aug 2005£28,00012.00%
22 May 2002£25,000First Sale
36 STEEP HILLTerraced, Freehold29 Sep 2006£395,000First Sale
44A STEEP HILLTerraced, FreeholdArea: 99 Sq.mtrAge: before 190031 Jan 2003£290,000251.52%
31 Jan 2000£82,500First Sale

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

STEEP HILL, LN2 1LU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £128,778 median price is £114,000 Standard Deviation is £96,173 with Total Sold: 1,974
    • The Last 5 Year average price is £221,877 with Total Sold: 287
    • The most recent sale happened at this postcode is , 18 UNION ROAD: £167,000 (Sold on 09 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 £162,533 median price is £140,000 Standard Deviation is £129,554 with Total Sold: 511
    • The Last 5 Year average price is £266,848 with Total Sold: 110
    • 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 £886,587 median price is £380,000 Standard Deviation is £1,976,985 with Total Sold: 147
    • The Last 5 Year average price is £776,571 with Total Sold: 85
    • 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 , 7 LANGWORTHGATE: £245,000 (Sold on 20 Sep 2013)
  • Detached
    • The average price is around £297,706 median price is £246,000 Standard Deviation is £241,786 with Total Sold: 391
    • The Last 5 Year average price is £480,576 with Total Sold: 53
    • 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 , ARTAN HOUSE NAAM GROVE: £47,500 (Sold on 17 Feb 1995)
  • Semi-Detached
    • The average price is around £177,257 median price is £142,150 Standard Deviation is £158,086 with Total Sold: 387
    • The Last 5 Year average price is £335,124 with Total Sold: 50
    • 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£170,112 £2,053 25
2023£206,926 £2,218 35
2022£265,749 £2,763 60
2021£224,084 £2,629 73
2020£228,943 £2,183 41
2019£197,995 £2,140 53
2018£164,517 £1,962 68
2017£184,406 £2,005 56
2016£183,739 £2,009 76
2015£177,598 £1,911 67
2014£148,448 £1,941 69
2013£159,151 £1,928 56
2012£143,898 £1,608 60
2011£130,625 £1,526 36
2010£141,612 £1,788 44
2009£157,338 £1,652 30
2008£128,556 £1,919 38
2007£149,702 £1,920 85
2006£146,207 £1,709 83
2005£138,433 £1,612 61
2004£139,368 £1,554 95
2003£126,914 £1,353 97
2002£85,394 £927 106
2001£67,938 £761 99
2000£55,740 £608 94
1999£47,099 £503 75
1998£41,494 £506 86
1997£39,861 £461 76
1996£38,949 £504 63
1995£35,328 £419 67
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£312,5002
2023£274,471 £2,570 19
2022£197,389 £2,636 18
2021£249,112 £2,627 24
2020£294,390 £2,784 21
2019£299,977 £2,851 26
2018£168,493 £2,558 14
2017£168,500 £2,281 18
2016£157,773 £2,497 28
2015£152,098 £2,110 28
2014£146,309 £2,077 16
2013£143,803 £1,991 20
2012£202,208 £2,342 13
2011£145,300 £1,706 23
2010£147,950 £2,199 11
2009£136,387 £2,074 20
2008£158,293 £2,514 29
2007£150,433 £2,271 39
2006£145,957 £1,831 37
2005£140,747 £2,209 18
2004£110,545 £1,908 11
2003£118,506 £1,839 9
2002£57,890 £1,158 10
2001£50,983 £948 9
2000£53,483 £764 9
1999£34,955 £687 7
1998£50,035 £741 10
1997£49,744 £659 8
1996£63,214 £759 7
1995£44,550 £517 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£420,0004
2023£621,401 £7,615 12
2022£908,523 £2,908 22
2021£900,234 £9,559 23
2020£751,600 £2,390 10
2019£618,775 £3,774 14
2018£578,469 £3,920 16
2017£652,367 £2,066 12
2016£687,25519
2015£1,433,8967
2014£4,716,650 £2,635 5
2013£185,833 £2,024 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£633,333 £3,546 3
2023£382,188 £3,669 8
2022£512,584 £3,367 15
2021£594,444 £2,980 9
2020£411,406 £3,062 13
2019£425,200 £3,481 5
2018£437,556 £2,639 17
2017£399,995 £3,282 11
2016£474,182 £2,649 11
2015£340,608 £1,982 13
2014£503,328 £2,745 9
2013£374,906 £1,975 9
2012£284,971 £2,128 8
2011£241,119 £1,782 8
2010£293,143 £2,009 7
2009£313,778 £1,547 14
2008£273,262 £2,308 20
2007£383,400 £2,445 17
2006£296,421 £2,032 21
2005£270,750 £2,167 12
2004£290,778 £1,774 25
2003£242,804 £1,605 13
2002£299,504 £1,391 23
2001£201,442 £1,112 15
2000£124,000 £948 15
1999£85,273 £578 11
1998£114,535 £689 27
1997£144,217 £744 9
1996£92,181 £619 16
1995£62,286 £680 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£360,111 £2,213 9
2022£325,857 £3,500 14
2021£297,962 £2,199 12
2020£311,429 £1,807 7
2019£399,707 £2,526 8
2018£218,071 £2,506 7
2017£252,927 £2,179 13
2016£255,534 £2,014 13
2015£281,167 £2,177 9
2014£207,161 £1,887 11
2013£263,825 £2,298 6
2012£224,844 £1,989 9
2011£193,132 £1,723 11
2010£129,367 £1,923 3
2009£204,062 £1,056 8
2008£137,357 £1,664 13
2007£238,055 £2,345 19
2006£179,156 £1,718 29
2005£190,784 £1,926 23
2004£176,536 £1,781 18
2003£148,265 £1,410 17
2002£102,753 £1,049 17
2001£93,980 £920 20
2000£79,350 £657 17
1999£71,567 £585 18
1998£62,767 £502 9
1997£63,954 £587 17
1996£58,593 £479 21
1995£45,389 £581 9

House Type in LN2 1LU area

The most common house types in the LN2 1LU postcode area are Terraced (48), Semi-detached (28), and Flat (22).

Total144
Terraced48
Semi-detached28
Flat22
Detached20
Shared house18
converted building6
commercial 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 (79), and Owned: Owns outright (23).

Private rented: Private landlord or letting agency79
Owned: Owns outright23
Private rented: Other private rented18
Owned: Owns with a mortgage or loan15
Social rented: Other social rented9
Social rented: Rents from council or Local Authority3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN2 1LU have 2 people in household (60), and 1 person in household (46).

2 people in household60
1 person in household46
4 people in household14
3 people in household10
5 people in household7
8 or more people in household6
6 people in household3
0 people in household0
7 people in household0