Housing Market Analysis for PAYNELL, LN2 3SW

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £135,352 median price is £129,950 Standard Deviation is £70,511 with Total Sold: 21
    • The Last 5 Year average price is £228,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 16 PAYNELL: £230,000 (Sold on 05 Oct 2023)
    • The first recorded sale happened at this postcode is 5 PAYNELL: £47,000 (Sold on 06 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LN2 3SW 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£250,000 £3,467 2
2019£185,000 £3,083 1
2018£245,000 £2,227 1
2016£154,0001
2015£133,500 £2,023 2
2014£190,000 £1,825 2
2010£129,950 £2,166 1
2008£196,500 £1,424 1
2007£127,0001
2006£149,0001
2004£128,5001
2000£55,7252
1999£58,000 £753 1
1998£50,0001
1997£57,000 £600 2
1996£47,0001

All the Sales in the PAYNELL, LN2 3SW

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

AddressSold DatePrice% Change
16 PAYNELLDetached, FreeholdArea: 70 Sq.mtrAge: 1967-197505 Oct 2023£230,000First Sale
17 PAYNELLDetached, FreeholdArea: 74 Sq.mtrAge: 1976-198206 Sep 2023£270,000First Sale
2 PAYNELLDetached, FreeholdArea: 60 Sq.mtrAge: 1976-198205 Jul 2019£185,00042.36%
18 Feb 2010£129,950First Sale
14 PAYNELLDetached, FreeholdArea: 110 Sq.mtrAge: 1976-198221 Sep 2018£245,000271.21%
29 Oct 1997£66,000First Sale
7 PAYNELLDetached, Freehold04 Nov 2016£154,00021.26%
23 Mar 2007£127,000135.40%
12 May 2000£53,95012.40%
22 Sep 1997£48,000First Sale
20 PAYNELLDetached, FreeholdArea: 66 Sq.mtrAge: 1967-197522 May 2015£143,00015.32%
26 Feb 2015£124,000First Sale
1 PAYNELLDetached, FreeholdArea: 138 Sq.mtrAge: 1967-197521 Jul 2014£245,00024.68%
01 Aug 2008£196,500First Sale
12 PAYNELLDetached, FreeholdArea: 72 Sq.mtrAge: 1967-197521 Mar 2014£135,000First Sale
11 PAYNELLDetached, Freehold15 May 2006£149,000First Sale
5 PAYNELLDetached, Freehold15 Nov 2004£128,500173.40%
06 Dec 1996£47,000First Sale
13 PAYNELLDetached, Freehold21 Jun 2000£57,500First Sale
10 PAYNELLDetached, FreeholdArea: 77 Sq.mtrAge: 1967-197508 Nov 1999£58,000First Sale
18 PAYNELLDetached, Freehold01 Sep 1998£50,000First Sale

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

PAYNELL, LN2 3SW Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £128,598 median price is £124,450 Standard Deviation is £65,831 with Total Sold: 210
    • The Last 5 Year average price is £192,686 with Total Sold: 60
    • 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 £192,792 median price is £174,500 Standard Deviation is £108,819 with Total Sold: 618
    • The Last 5 Year average price is £304,835 with Total Sold: 137
    • 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 £210,077 median price is £217,500 Standard Deviation is £91,557 with Total Sold: 6
    • 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 £115,941 median price is £115,895 Standard Deviation is £57,317 with Total Sold: 110
    • 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£165,663 £2,239 15
2022£220,523 £2,968 13
2021£182,717 £2,722 13
2020£190,969 £3,025 8
2019£210,705 £2,532 9
2018£182,333 £2,187 6
2017£162,900 £2,330 5
2016£157,750 £2,206 2
2015£152,500 £1,952 4
2014£130,480 £2,142 5
2013£123,771 £1,900 7
2012£112,500 £2,200 3
2011£147,000 £1,877 2
2010£138,421 £1,722 7
2009£133,250 £1,965 2
2008£123,998 £1,635 3
2007£130,062 £1,726 8
2006£135,500 £1,898 8
2005£126,106 £1,856 9
2004£143,745 £1,744 10
2003£99,944 £1,484 8
2002£68,817 £850 6
2001£79,635 £949 10
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£327,289 £2,983 14
2022£308,608 £2,753 18
2021£306,601 £2,666 41
2020£292,610 £2,455 32
2019£290,529 £2,543 26
2018£300,698 £2,664 13
2017£245,011 £2,144 22
2016£241,658 £2,067 19
2015£221,243 £2,118 28
2014£203,333 £1,916 21
2013£216,498 £1,914 22
2012£179,997 £1,673 15
2011£259,791 £1,607 16
2010£215,330 £1,781 20
2009£210,854 £1,553 14
2008£171,961 £1,690 9
2007£185,284 £1,963 19
2006£181,135 £1,574 14
2005£169,342 £1,457 13
2004£180,874 £1,733 21
2003£163,291 £1,431 17
2002£141,406 £1,543 18
2001£116,229 £904 41
2000£76,366 £725 23
1999£85,339 £771 28
1998£80,985 £645 39
1997£66,420 £660 20
1996£63,876 £659 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£162,500 £2,057 2
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£153,750 £1,985 4
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£60,722 £686 4
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 3SW area

The most common house types in the LN2 3SW 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 3SW 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