Housing Market Analysis for WELL LANE, LN2 1NA

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £230,000 median price is £230,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £230,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 WELL LANE: £230,000 (Sold on 10 Aug 2022)
    • The first recorded sale happened at this postcode is 4 WELL LANE: £230,000 (Sold on 10 Aug 2022)
  • Semi-Detached
    • The average price is around £212,666 median price is £245,998 Standard Deviation is £107,933 with Total Sold: 3
    • The Last 5 Year average price is £325,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 WELL LANE: £325,000 (Sold on 23 Jun 2022)
    • The first recorded sale happened at this postcode is 3 WELL LANE: £67,000 (Sold on 07 Sep 2001)
  • Detached
    • The average price is around £248,750 median price is £237,500 Standard Deviation is £58,883 with Total Sold: 4
    • The most recent sale happened at this postcode is 2 WELL LANE: £270,000 (Sold on 20 Nov 2015)
    • The first recorded sale happened at this postcode is 2 WELL LANE: £185,000 (Sold on 26 Aug 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average LN2 1NA 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
2022£230,000 £2,526 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£325,000 £4,924 1
2016£245,998 £3,727 1
2001£67,000 £1,031 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£270,000 £3,140 1
2007£270,000 £3,140 2
2005£185,000 £2,151 1

All the Sales in the WELL LANE, LN2 1NA

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

AddressSold DatePrice% Change
4 WELL LANETerraced, FreeholdArea: 91.06 Sq.mtrAge: 1900-192910 Aug 2022£230,000First Sale
3 WELL LANESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1900-192923 Jun 2022£325,00032.11%
05 Dec 2016£245,998267.16%
07 Sep 2001£67,000First Sale
2 WELL LANEDetached, FreeholdArea: 86 Sq.mtrAge: before 190020 Nov 2015£270,000-19.40%
11 Oct 2007£335,00063.41%
25 May 2007£205,00010.81%
26 Aug 2005£185,000First Sale

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

WELL LANE, LN2 1NA Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £124,417 median price is £104,000 Standard Deviation is £121,499 with Total Sold: 1,850
    • The Last 5 Year average price is £205,164 with Total Sold: 291
    • 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 £150,103 median price is £125,000 Standard Deviation is £130,085 with Total Sold: 537
    • The Last 5 Year average price is £263,789 with Total Sold: 108
    • 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 £905,718 median price is £397,500 Standard Deviation is £1,904,153 with Total Sold: 162
    • The Last 5 Year average price is £812,342 with Total Sold: 91
    • 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 £305,029 median price is £242,500 Standard Deviation is £256,880 with Total Sold: 326
    • The Last 5 Year average price is £518,948 with Total Sold: 38
    • 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 £177,460 median price is £136,000 Standard Deviation is £168,824 with Total Sold: 329
    • The Last 5 Year average price is £330,589 with Total Sold: 41
    • 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£158,841 £1,778 29
2023£186,165 £1,949 39
2022£240,184 £2,446 65
2021£215,582 £2,567 63
2020£217,854 £1,968 38
2019£181,820 £1,910 57
2018£154,210 £1,854 58
2017£184,702 £1,879 43
2016£219,479 £1,877 68
2015£171,329 £1,806 67
2014£143,791 £1,900 58
2013£155,504 £1,859 55
2012£131,797 £1,437 59
2011£109,343 £1,362 35
2010£134,232 £1,631 45
2009£146,719 £1,544 27
2008£122,141 £1,727 37
2007£138,626 £1,701 73
2006£143,182 £1,517 78
2005£124,796 £1,472 64
2004£131,730 £1,459 86
2003£118,645 £1,220 100
2002£78,729 £811 100
2001£63,669 £700 95
2000£51,271 £558 83
1999£55,943 £470 69
1998£38,997 £447 76
1997£37,260 £452 76
1996£37,999 £475 54
1995£34,121 £395 53
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£312,5002
2023£272,866 £2,555 19
2022£182,553 £2,660 19
2021£246,161 £2,557 23
2020£286,057 £2,653 21
2019£314,267 £3,024 24
2018£135,179 £2,360 19
2017£145,979 £2,191 24
2016£155,207 £2,382 27
2015£148,903 £2,125 29
2014£148,622 £2,321 16
2013£142,164 £2,037 19
2012£164,539 £2,139 18
2011£135,995 £1,657 22
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£47,767 £924 29
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£619,318 £5,214 12
2022£854,762 £2,806 21
2021£915,816 £9,592 25
2020£751,600 £2,390 10
2019£865,786 £4,428 19
2018£638,357 £3,920 21
2017£670,330 £1,930 12
2016£676,20319
2015£1,549,787 £520 9
2014£3,952,542 £2,635 6
2013£185,833 £2,024 3
2008£285,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£795,000 £4,551 2
2023£352,000 £3,619 4
2022£534,135 £3,347 13
2021£644,286 £2,946 7
2020£443,031 £3,227 9
2019£427,000 £3,850 3
2018£438,341 £2,655 16
2017£398,500 £3,471 6
2016£529,222 £2,622 9
2015£340,619 £1,903 8
2014£632,500 £3,272 5
2013£393,000 £1,952 7
2012£330,625 £2,142 4
2011£253,136 £1,788 7
2010£302,833 £2,009 6
2009£339,996 £1,609 12
2008£259,908 £2,272 19
2007£358,568 £2,445 19
2006£278,344 £2,048 17
2005£293,033 £2,167 12
2004£282,547 £1,756 21
2003£311,430 £1,585 15
2002£311,533 £1,411 18
2001£229,602 £1,112 11
2000£127,500 £982 14
1999£92,062 £570 8
1998£121,561 £688 23
1997£198,450 £744 11
1996£92,564 £596 14
1995£64,750 £713 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£360,111 £2,213 9
2022£288,136 £2,928 11
2021£268,500 £1,923 8
2020£330,833 £1,797 6
2019£430,093 £2,430 7
2018£258,688 £2,357 8
2017£197,242 £2,099 6
2016£318,833 £2,012 12
2015£291,312 £2,255 8
2014£213,294 £2,064 9
2013£240,158 £2,153 6
2012£204,217 £1,829 9
2011£184,209 £1,568 11
2010£130,000 £2,173 2
2009£200,500 £1,056 7
2008£121,518 £1,258 8
2007£242,503 £2,265 19
2006£175,069 £1,723 22
2005£217,078 £2,045 19
2004£172,821 £1,808 17
2003£140,143 £1,367 14
2002£104,314 £940 14
2001£86,106 £884 17
2000£67,612 £656 17
1999£73,463 £567 15
1998£59,908 £388 6
1997£64,817 £555 15
1996£65,132 £471 19
1995£41,500 £551 8

House Type in LN2 1NA area

The most common house types in the LN2 1NA 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 1NA 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