Housing Market Analysis for MERLESWEN, LN2 3SL

Are you looking to understand LN2 3SL 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 3SL area, explore the LN2 3SL Area information page.
For comprehensive crime statistics in the LN2 3SL area, explore the LN2 3SL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN2 3SL postcode area, The average prices are as follows,

  • Detached
    • The average price is around £165,370 median price is £168,750 Standard Deviation is £64,235 with Total Sold: 10
    • The Last 5 Year average price is £230,983 with Total Sold: 3
    • The most recent sale happened at this postcode is 12 MERLESWEN: £183,000 (Sold on 06 Aug 2021)
    • The first recorded sale happened at this postcode is 8 MERLESWEN: £55,000 (Sold on 01 Jul 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average LN2 3SL 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
2021£251,475 £2,469 2
2019£190,000 £2,605 1
2015£165,000 £1,774 1
2013£172,500 £1,554 1
2012£136,625 £1,965 2
2009£175,000 £1,577 1
2002£120,000 £1,538 1
1998£55,000 £591 1

All the Sales in the MERLESWEN, LN2 3SL

See the table below for more details on the sold house prices in the LN2 3SL, West Lindsey postcode.

AddressSold DatePrice% Change
12 MERLESWENDetached, FreeholdArea: 89 Sq.mtrAge: 1967-197506 Aug 2021£183,000First Sale
4 MERLESWENDetached, FreeholdArea: 111 Sq.mtrAge: 1967-197526 Feb 2021£319,95085.48%
08 Nov 2013£172,500-1.43%
31 Jul 2009£175,000First Sale
18 MERLESWENDetached, FreeholdArea: 72.94 Sq.mtrAge: 1967-197531 May 2019£190,00055.42%
28 Sep 2012£122,250First Sale
8 MERLESWENDetached, FreeholdArea: 93 Sq.mtrAge: 1967-197520 Feb 2015£165,000200.00%
01 Jul 1998£55,000First Sale
16 MERLESWENDetached, FreeholdArea: 67 Sq.mtrAge: 1950-196623 Nov 2012£151,000First Sale
2 MERLESWENDetached, FreeholdArea: 78 Sq.mtrAge: 1950-196627 Sep 2002£120,000First Sale

Check out the sold house prices near the LN2 3SL postcode. Properties currently for saleProperties currently for rent

MERLESWEN, LN2 3SL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN2 3SL 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 3SL postcode.

  • Semi-Detached
    • The average price is around £128,980 median price is £125,000 Standard Deviation is £65,066 with Total Sold: 225
    • The Last 5 Year average price is £192,690 with Total Sold: 64
    • The most recent sale happened at this postcode is , 12 RYLAND ROAD: £220,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 22 HONEYHOLES LANE: £33,000 (Sold on 27 Jan 1995)
  • Detached
    • The average price is around £195,468 median price is £175,000 Standard Deviation is £108,705 with Total Sold: 694
    • The Last 5 Year average price is £309,184 with Total Sold: 146
    • The most recent sale happened at this postcode is , 28 RYLAND ROAD: £690,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 50 MERLESWEN: £41,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £245,092 median price is £240,000 Standard Deviation is £51,987 with Total Sold: 5
    • The Last 5 Year average price is £231,821 with Total Sold: 3
    • The most recent sale happened at this postcode is , 3 DIXON PLACE: £195,000 (Sold on 01 Dec 2023)
    • The first recorded sale happened at this postcode is , POST OFFICE LINCOLN ROAD: £240,000 (Sold on 08 May 2015)
  • Terraced
    • The average price is around £118,398 median price is £117,000 Standard Deviation is £60,706 with Total Sold: 113
    • The Last 5 Year average price is £159,273 with Total Sold: 33
    • The most recent sale happened at this postcode is , 8 HUGHSON WALK: £156,500 (Sold on 17 Nov 2023)
    • The first recorded sale happened at this postcode is , 10 SWAN CLOSE: £26,000 (Sold on 07 Oct 1996)
  • Flat
    • The average price is around £61,200 median price is £61,200 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £61,200 with Total Sold: 1
    • The most recent sale happened at this postcode is 16, TENNYSON HOUSE TENNYSON DRIVE: £61,200 (Sold on 29 Apr 2022)
    • The first recorded sale happened at this postcode is 16, TENNYSON HOUSE TENNYSON DRIVE: £61,200 (Sold on 29 Apr 2022)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£205,000 £3,279 2
2023£168,246 £2,295 16
2022£220,523 £2,968 13
2021£183,688 £2,701 15
2020£190,194 £2,938 9
2019£210,705 £2,532 9
2018£182,333 £2,187 6
2017£162,900 £2,330 5
2016£160,150 £2,214 3
2015£152,500 £1,952 4
2014£129,567 £2,067 6
2013£123,771 £1,900 7
2012£112,500 £2,200 3
2011£147,000 £1,877 2
2010£139,244 £1,751 8
2009£133,250 £1,965 2
2008£123,998 £1,635 3
2007£130,062 £1,726 8
2006£143,556 £1,778 9
2005£130,245 £1,856 10
2004£143,745 £1,744 10
2003£102,339 £1,507 9
2002£68,817 £850 6
2001£73,880 £878 15
2000£48,554 £760 9
1999£51,357 £759 15
1998£47,595 £684 10
1997£49,583 £746 3
1996£41,550 £633 4
1995£37,206 £473 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£356,250 £2,570 6
2023£332,209 £2,892 17
2022£331,569 £2,717 21
2021£307,634 £2,658 42
2020£292,610 £2,455 32
2019£289,598 £2,514 28
2018£304,935 £2,610 15
2017£251,260 £2,120 24
2016£248,075 £2,057 20
2015£231,418 £2,107 33
2014£208,956 £1,907 23
2013£216,498 £1,914 22
2012£179,997 £1,673 15
2011£252,675 £1,628 18
2010£219,868 £1,782 22
2009£214,059 £1,562 16
2008£183,423 £1,613 11
2007£191,155 £1,948 22
2006£189,052 £1,562 17
2005£169,342 £1,457 13
2004£194,423 £1,675 28
2003£168,596 £1,441 25
2002£145,358 £1,299 26
2001£116,072 £913 54
2000£75,557 £725 24
1999£85,431 £767 29
1998£83,021 £645 42
1997£66,420 £660 20
1996£61,259 £613 17
1995£61,708 £689 12
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£195,000 £3,250 1
2021£250,231 £5,001 2
2017£290,000 £2,057 1
2015£240,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£136,403 £1,677 6
2022£189,550 £2,422 10
2021£142,739 £2,146 9
2020£249,950 £2,747 1
2019£143,929 £2,522 7
2018£193,000 £2,061 5
2017£136,492 £1,856 6
2016£110,162 £1,528 4
2015£124,500 £1,653 7
2014£91,833 £1,090 3
2013£99,000 £1,445 2
2012£107,500 £1,333 3
2011£115,858 £1,515 4
2010£145,850 £1,606 7
2009£94,667 £978 3
2008£100,000 £1,176 1
2007£106,250 £1,363 2
2006£97,500 £1,447 2
2005£103,500 £2,168 1
2004£84,500 £2,026 4
2003£87,250 £1,466 3
2002£86,398 £810 6
2001£66,583 £984 3
2000£32,583 £313 3
1999£41,856 £754 8
1997£37,500 £898 2
1996£26,000 £341 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£61,200 £927 1

House Type in LN2 3SL area

The most common house types in the LN2 3SL postcode area are Detached (114), Semi-detached (7), and Terraced (1).

Total123
Detached114
Semi-detached7
Terraced1
temporary structure1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (67), and Owned: Owns with a mortgage or loan (42).

Owned: Owns outright67
Owned: Owns with a mortgage or loan42
Private rented: Private landlord or letting agency7
Private rented: Other private rented3
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the LN2 3SL have 2 people in household (45), and 1 person in household (31).

2 people in household45
1 person in household31
3 people in household27
4 people in household16
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0