Housing Market Analysis for THORNE LANE, LN2 2FZ

Are you looking to understand LN2 2FZ 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 LN2 2FZ area, explore the LN2 2FZ Area information page.
For comprehensive crime statistics in the LN2 2FZ area, explore the LN2 2FZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN2 2FZ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £535,286 median price is £495,000 Standard Deviation is £58,007 with Total Sold: 7
    • The Last 5 Year average price is £535,286 with Total Sold: 7
    • The most recent sale happened at this postcode is 7 THORNE LANE: £587,000 (Sold on 25 Sep 2023)
    • The first recorded sale happened at this postcode is 2 THORNE LANE: £495,000 (Sold on 15 May 2020)
  • Other
    • The average price is around £1,250,000 median price is £1,250,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 THORNE LANE: £1,250,000 (Sold on 04 Sep 2017)
    • The first recorded sale happened at this postcode is 1 THORNE LANE: £1,250,000 (Sold on 04 Sep 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average LN2 2FZ 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£587,000 £3,057 1
2020£535,000 £2,976 3
2021£518,333 £2,885 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£1,250,000 £5,841 1

All the Sales in the THORNE LANE, LN2 2FZ

See the table below for more details on the sold house prices in the LN2 2FZ, West Lindsey postcode.

AddressSold DatePrice% Change
7 THORNE LANEDetached, FreeholdArea: 192 Sq.mtr25 Sep 2023£587,000-0.51%
08 Mar 2021£590,000First Sale
6 THORNE LANEDetached, Freehold24 Jul 2020£625,000First Sale
3 THORNE LANEDetached, FreeholdArea: 162 Sq.mtr12 Mar 2021£475,000First Sale
4 THORNE LANEDetached, FreeholdArea: 185 Sq.mtr05 Mar 2021£490,000First Sale
5 THORNE LANEDetached, FreeholdArea: 172 Sq.mtr28 Aug 2020£485,000First Sale
2 THORNE LANEDetached, FreeholdArea: 158 Sq.mtr15 May 2020£495,000First Sale
1 THORNE LANEOther, FreeholdArea: 214 Sq.mtr04 Sep 2017£1,250,000First Sale

Check out the sold house prices near the LN2 2FZ postcode. Properties currently for saleProperties currently for rent

THORNE LANE, LN2 2FZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN2 2FZ 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 2FZ postcode.

  • Detached
    • The average price is around £249,969 median price is £240,000 Standard Deviation is £147,360 with Total Sold: 310
    • The Last 5 Year average price is £397,467 with Total Sold: 87
    • The most recent sale happened at this postcode is , 5 HEATH ROAD: £310,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 40 SUDBROOKE ROAD: £117,000 (Sold on 11 Jan 1995)
  • Semi-Detached
    • The average price is around £146,373 median price is £139,950 Standard Deviation is £83,682 with Total Sold: 79
    • The Last 5 Year average price is £215,699 with Total Sold: 19
    • The most recent sale happened at this postcode is , 15 ABBOTS WAY: £208,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 19 SUDBROOKE ROAD: £57,000 (Sold on 31 Mar 1995)
  • Terraced
    • The average price is around £106,086 median price is £99,950 Standard Deviation is £55,321 with Total Sold: 46
    • The Last 5 Year average price is £156,929 with Total Sold: 7
    • The most recent sale happened at this postcode is , 9 SUDBROOKE ROAD: £118,000 (Sold on 09 Jan 2023)
    • The first recorded sale happened at this postcode is , 11 SUDBROOKE ROAD: £28,000 (Sold on 19 Apr 1996)
  • Other
    • The average price is around £885,000 median price is £885,000 Standard Deviation is £365,000 with Total Sold: 2
    • The Last 5 Year average price is £520,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , SHREWSBURY COTTAGE NETTLEHAM ROAD: £520,000 (Sold on 27 Feb 2019)
    • The first recorded sale happened at this postcode is , 1 THORNE LANE: £1,250,000 (Sold on 04 Sep 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£349,375 £3,210 8
2023£366,200 £2,664 10
2022£397,542 £3,281 12
2021£407,281 £2,622 29
2020£424,571 £2,972 21
2019£375,000 £2,178 7
2018£311,438 £2,253 8
2017£347,308 £2,619 13
2016£323,025 £2,402 12
2015£325,625 £2,165 4
2014£257,489 £1,888 9
2013£269,000 £1,874 7
2012£194,400 £1,922 5
2011£302,734 £2,043 12
2010£266,833 £1,723 6
2009£173,750 £1,355 4
2008£174,167 £1,601 3
2007£227,188 £1,884 8
2006£251,143 £1,714 7
2005£276,219 £1,691 8
2004£256,299 £1,666 5
2003£222,333 £1,243 9
2002£150,904 £1,254 13
2001£124,491 £948 11
2000£94,179 £602 7
1999£92,693 £802 15
1998£88,925 £662 14
1997£79,647 £675 15
1996£82,910 £745 15
1995£74,612 £652 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£220,000 £2,128 2
2023£343,000 £3,363 1
2022£251,875 £2,112 4
2021£200,750 £3,134 4
2020£178,000 £1,919 3
2019£194,158 £2,092 5
2018£186,500 £2,562 4
2017£168,406 £2,592 8
2016£123,850 £1,633 3
2015£220,000 £2,060 2
2014£259,000 £1,779 2
2012£146,625 £1,603 4
2011£104,000 £1,210 3
2009£147,650 £1,401 5
2008£122,000 £1,718 1
2007£234,0001
2006£139,9501
2005£133,500 £1,399 4
2003£90,000 £1,268 1
2002£87,190 £958 5
2001£68,982 £696 3
2000£42,812 £549 4
1999£37,500 £344 2
1998£58,998 £471 3
1997£55,7502
1996£51,000 £455 1
1995£57,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£118,000 £2,810 1
2021£162,667 £2,179 3
2019£164,167 £1,809 3
2018£127,000 £1,796 3
2017£67,500 £925 1
2016£70,200 £962 1
2014£107,500 £1,726 2
2013£115,000 £1,243 2
2011£83,475 £943 2
2010£125,000 £2,246 1
2009£83,500 £1,669 2
2008£130,0001
2007£95,000 £2,262 1
2006£175,333 £2,857 3
2005£175,5002
2004£123,190 £1,701 5
2003£96,500 £1,097 1
2002£79,950 £1,563 2
2001£44,950 £1,070 1
1999£57,000 £905 1
1998£35,0002
1997£37,375 £778 4
1996£31,500 £833 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£520,000 £2,023 1
2017£1,250,000 £5,841 1

House Type in LN2 2FZ area

The most common house types in the LN2 2FZ postcode area are Detached (134), Semi-detached (22), and Terraced (7).

Total166
Detached134
Semi-detached22
Terraced7
Flat2
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (70), and Owned: Owns with a mortgage or loan (70).

Owned: Owns outright70
Owned: Owns with a mortgage or loan70
Private rented: Private landlord or letting agency12
Social rented: Other social rented7
Shared ownership: Shared ownership4
Social rented: Rents from council or Local Authority3
Private rented: Other private rented2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LN2 2FZ have 2 people in household (70), and 1 person in household (38).

2 people in household70
1 person in household38
3 people in household33
4 people in household21
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0