Housing Market Analysis for MERLESWEN, LN2 3SN

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £152,630 median price is £148,000 Standard Deviation is £70,880 with Total Sold: 15
    • The Last 5 Year average price is £233,983 with Total Sold: 3
    • The most recent sale happened at this postcode is 31 MERLESWEN: £165,000 (Sold on 16 Apr 2020)
    • The first recorded sale happened at this postcode is 3 MERLESWEN: £287,000 (Sold on 16 Feb 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average LN2 3SN 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
2020£165,000 £1,854 1
2019£249,950 £2,604 1
2016£173,750 £1,847 2
2015£218,000 £2,271 1
2014£125,000 £1,787 1
2012£185,500 £1,683 2
2011£130,000 £1,858 1
2006£148,000 £1,680 1
2003£110,000 £1,249 1
1996£46,000 £577 3
2024£287,000 £2,412 1

All the Sales in the MERLESWEN, LN2 3SN

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

AddressSold DatePrice% Change
31 MERLESWENDetached, FreeholdArea: 89 Sq.mtrAge: 1967-197516 Apr 2020£165,000First Sale
19 MERLESWENDetached, FreeholdArea: 96 Sq.mtrAge: 1950-196605 Dec 2019£249,95014.66%
05 Nov 2015£218,000First Sale
37 MERLESWENDetached, FreeholdArea: 78 Sq.mtrAge: 1967-197507 Oct 2016£175,000288.89%
30 Aug 1996£45,000First Sale
3 MERLESWENDetached, FreeholdArea: 119 Sq.mtrAge: 1950-196623 May 2016£172,500-39.90%
16 Feb 2024£287,000First Sale
35 MERLESWENDetached, FreeholdArea: 69.96 Sq.mtrAge: 1950-196621 Aug 2014£125,000-3.85%
21 Jul 2011£130,000First Sale
15 MERLESWENDetached, FreeholdArea: 131.74 Sq.mtrAge: 1967-197520 Dec 2012£225,000First Sale
25 MERLESWENDetached, FreeholdArea: 88.07 Sq.mtrAge: 1950-196625 May 2012£146,000-1.35%
01 Aug 2006£148,00034.55%
03 Feb 2003£110,000First Sale
1 MERLESWENDetached, Freehold28 Jun 1996£45,000First Sale
29 MERLESWENDetached, Freehold12 Apr 1996£48,000First Sale

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

MERLESWEN, LN2 3SN Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £129,657 median price is £124,975 Standard Deviation is £65,340 with Total Sold: 216
    • The Last 5 Year average price is £192,825 with Total Sold: 62
    • 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 £197,498 median price is £180,000 Standard Deviation is £109,722 with Total Sold: 667
    • The Last 5 Year average price is £312,176 with Total Sold: 141
    • 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£223,233 £3,019 12
2021£183,688 £2,701 15
2020£190,194 £2,938 9
2019£213,418 £2,553 8
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£128,786 £1,726 7
2006£144,750 £1,778 8
2005£128,161 £1,855 9
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£50,571 £818 12
1998£47,106 £684 9
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£310,591 £2,653 40
2020£299,050 £2,481 30
2019£291,620 £2,548 27
2018£304,935 £2,610 15
2017£260,920 £2,175 22
2016£256,265 £2,098 17
2015£233,806 £2,118 32
2014£208,956 £1,907 23
2013£216,498 £1,914 22
2012£179,997 £1,673 15
2011£259,421 £1,604 17
2010£219,868 £1,782 22
2009£222,711 £1,617 14
2008£183,423 £1,613 11
2007£190,876 £1,995 21
2006£189,052 £1,562 17
2005£176,645 £1,399 10
2004£194,423 £1,675 28
2003£170,746 £1,470 24
2002£147,174 £1,299 25
2001£118,929 £939 51
2000£75,557 £725 24
1999£86,482 £767 28
1998£82,949 £645 41
1997£67,633 £684 18
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 3SN area

The most common house types in the LN2 3SN postcode area are Detached (121), Semi-detached (4), and Terraced (0).

Total125
Detached121
Semi-detached4
Terraced0
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (79), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright79
Owned: Owns with a mortgage or loan35
Private rented: Private landlord or letting agency9
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the LN2 3SN have 2 people in household (61), and 1 person in household (29).

2 people in household61
1 person in household29
3 people in household18
4 people in household13
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0