Housing Market Analysis for BISHOP CLOSE, LN2 3US

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

Overview of Sold House prices

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

Detached
- The average price is around £218,569 median price is £218,000 Standard Deviation is £89,290 with Total Sold: 21
- The Last 5 Year average price is £357,667 with Total Sold: 3
- The most recent sale happened at this postcode is 14 BISHOP CLOSE: £333,000 (Sold on 11 Mar 2022)
- The first recorded sale happened at this postcode is 12 BISHOP CLOSE: £85,000 (Sold on 20 Apr 2001)
Semi-Detached
- The average price is around £132,638 median price is £145,000 Standard Deviation is £52,418 with Total Sold: 13
- The Last 5 Year average price is £192,750 with Total Sold: 4
- The most recent sale happened at this postcode is 2 BISHOP CLOSE: £188,000 (Sold on 21 May 2021)
- The first recorded sale happened at this postcode is 2 BISHOP CLOSE: £207,000 (Sold on 04 Aug 2023)
Terraced
- The average price is around £244,000 median price is £244,000 Standard Deviation is £106,000 with Total Sold: 2
- The most recent sale happened at this postcode is 8 BISHOP CLOSE: £350,000 (Sold on 04 Jun 2018)
- The first recorded sale happened at this postcode is 8 BISHOP CLOSE: £138,000 (Sold on 28 Mar 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average LN2 3US 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£361,500	£2,425	2
2021	£350,000	£2,333	1
2015	£263,500	£1,936	2
2014	£265,000	£1,767	1
2010	£300,000		1
2008	£305,000	£1,432	1
2006	£255,000		2
2003	£178,975	£1,386	2
2002	£179,250	£1,047	4
2001	£107,000	£887	5

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£190,000	£2,568	2
2020	£184,000	£2,421	1
2016	£164,950	£2,229	1
2014	£125,000	£1,689	1
2010	£145,000	£1,959	1
2006	£145,000	£1,908	1
2003	£121,500	£1,642	1
2001	£62,962	£839	4
2023	£207,000	£2,797	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£350,000	£2,365	1
2002	£138,000	£932	1

All the Sales in the BISHOP CLOSE, LN2 3US

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

Address	Sold Date	Price	% Change
14 BISHOP CLOSEDetached, FreeholdArea: 119 Sq.mtrAge: 1996-2002	11 Mar 2022	£333,000	182.20%
	07 Jun 2001	£118,000	First Sale
7 BISHOP CLOSEDetached, FreeholdArea: 190.12 Sq.mtrAge: 1996-2002	11 Feb 2022	£390,000	34.48%
	14 Aug 2015	£290,000	41.46%
	06 Dec 2002	£205,000	First Sale
6 BISHOP CLOSEDetached, FreeholdArea: 150 Sq.mtrAge: 1996-2002	29 Nov 2021	£350,000	32.08%
	17 Apr 2014	£265,000	60.61%
	08 Nov 2002	£165,000	First Sale
2 BISHOP CLOSESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1996-2002	21 May 2021	£188,000	13.97%
	21 Dec 2016	£164,950	174.92%
	22 Feb 2001	£60,000	-71.01%
	04 Aug 2023	£207,000	First Sale
3 BISHOP CLOSESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1996-2002	12 Mar 2021	£192,000	53.60%
	29 Apr 2014	£125,000	-13.79%
	17 Sep 2010	£145,000	19.34%
	28 Nov 2003	£121,500	89.99%
	30 Mar 2001	£63,950	First Sale
4 BISHOP CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1996-2002	16 Mar 2020	£184,000	26.90%
	10 Mar 2006	£145,000	126.74%
	11 Apr 2001	£63,950	First Sale
8 BISHOP CLOSETerraced, FreeholdArea: 148 Sq.mtrAge: INVALID!	04 Jun 2018	£350,000	153.62%
	28 Mar 2002	£138,000	First Sale
15 BISHOP CLOSEDetached, FreeholdArea: 101 Sq.mtrAge: 1996-2002	03 Jul 2015	£237,000	69.35%
	26 Sep 2003	£139,950	77.15%
	23 Apr 2001	£79,000	First Sale
10 BISHOP CLOSEDetached, Freehold	13 Aug 2010	£300,000	13.21%
	10 Mar 2006	£265,000	57.74%
	31 Oct 2001	£168,000	First Sale
9 BISHOP CLOSEDetached, FreeholdArea: 213 Sq.mtrAge: 1996-2002	20 Nov 2008	£305,000	48.78%
	31 Oct 2002	£205,000	First Sale
5 BISHOP CLOSEDetached, Freehold	31 Aug 2006	£245,000	12.39%
	25 Apr 2003	£218,000	53.52%
	01 Mar 2002	£142,000	First Sale
11 BISHOP CLOSEDetached, Freehold	07 Jun 2001	£85,000	First Sale
12 BISHOP CLOSEDetached, Freehold	20 Apr 2001	£85,000	First Sale
1 BISHOP CLOSESemi-Detached, Freehold	12 Apr 2001	£63,950	First Sale

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

BISHOP CLOSE, LN2 3US Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £121,657 median price is £123,500 Standard Deviation is £59,373 with Total Sold: 204
- The Last 5 Year average price is £194,728 with Total Sold: 29
- The most recent sale happened at this postcode is , 1 SOUTH VIEW: £200,000 (Sold on 12 Jul 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 £205,527 median price is £190,000 Standard Deviation is £104,269 with Total Sold: 598
- The Last 5 Year average price is £337,255 with Total Sold: 76
- The most recent sale happened at this postcode is , 17 NURSERY CLOSE: £300,000 (Sold on 06 Jun 2024)
- The first recorded sale happened at this postcode is , 12 KENNINGTON CLOSE: £80,000 (Sold on 26 May 1995)
Terraced
- The average price is around £112,642 median price is £115,790 Standard Deviation is £58,697 with Total Sold: 103
- The Last 5 Year average price is £169,844 with Total Sold: 16
- 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)
Other
- The average price is around £376,667 median price is £290,000 Standard Deviation is £159,234 with Total Sold: 3
- The most recent sale happened at this postcode is , 13 MARKET RASEN ROAD: £600,000 (Sold on 16 Nov 2017)
- The first recorded sale happened at this postcode is , POST OFFICE LINCOLN ROAD: £240,000 (Sold on 08 May 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£216,667	£3,279	3
2023	£212,500	£2,820	6
2022	£199,950	£2,834	8
2021	£182,562	£2,669	8
2020	£165,500	£2,927	4
2019	£180,625	£2,292	4
2018	£168,625	£2,227	8
2017	£168,125	£2,266	4
2016	£160,150	£2,214	3
2015	£152,500	£1,952	4
2014	£129,140	£1,990	10
2013	£123,771	£1,900	7
2012	£142,500	£1,868	5
2011	£126,000	£1,847	3
2010	£127,518	£1,627	11
2009	£165,125	£1,919	2
2008	£109,899	£1,585	6
2007	£148,250	£1,989	6
2006	£144,556	£1,778	9
2005	£127,300	£1,668	13
2004	£138,625	£1,565	10
2003	£103,400	£1,459	10
2002	£70,112	£849	8
2001	£73,325	£878	16
2000	£46,856	£763	7
1999	£50,571	£818	12
1998	£47,306	£712	8
1997	£49,583	£746	3
1996	£43,400	£633	3
1995	£34,608	£473	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£309,000	£2,570	5
2023	£359,875	£2,810	12
2022	£331,526	£2,583	19
2021	£337,759	£2,625	23
2020	£335,321	£2,456	17
2019	£259,468	£2,269	17
2018	£361,245	£2,416	10
2017	£280,588	£2,232	17
2016	£253,312	£2,060	16
2015	£256,237	£2,084	31
2014	£221,738	£1,834	21
2013	£222,980	£1,912	27
2012	£187,863	£1,648	15
2011	£265,689	£1,657	19
2010	£233,107	£1,743	20
2009	£220,309	£1,679	16
2008	£189,241	£1,762	11
2007	£208,069	£1,712	21
2006	£232,558	£1,463	24
2005	£196,653	£1,327	16
2004	£205,121	£1,673	28
2003	£176,647	£1,517	33
2002	£148,745	£1,269	31
2001	£119,621	£960	52
2000	£94,326	£683	12
1999	£98,874	£757	23
1998	£87,262	£675	34
1997	£66,279	£679	7
1996	£60,363	£595	15
1995	£71,417		6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£205,750	£1,772	2
2022	£188,188	£2,208	8
2021	£133,417	£1,997	6
2019	£35,000	£1,101	1
2018	£193,000	£2,061	5
2017	£141,279	£1,915	7
2016	£109,550	£1,598	3
2015	£127,250	£1,737	6
2014	£91,833	£1,090	3
2013	£85,167	£1,245	3
2012	£107,500	£1,333	3
2011	£123,686	£1,626	5
2010	£145,850	£1,606	7
2009	£94,667	£978	3
2008	£100,000	£1,176	1
2007	£81,875	£1,182	4
2006	£90,000	£1,677	5
2005	£123,250	£2,037	2
2004	£92,667	£2,026	3
2003	£87,250	£1,466	3
2002	£94,928	£869	7
2001	£66,583	£984	3
2000	£32,583	£313	3
1999	£41,856	£754	8
1997	£40,000	£1,355	1
1996	£26,000	£341	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£445,000	£2,243	2
2015	£240,000		1

House Type in LN2 3US area

The most common house types in the LN2 3US postcode area are Detached (177), Semi-detached (37), and Terraced (5).

Total	221
Detached	177
Semi-detached	37
Terraced	5
Shared house	1
converted building	1
Flat	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (118), and Owned: Owns with a mortgage or loan (74).

Owned: Owns outright	118
Owned: Owns with a mortgage or loan	74
Private rented: Private landlord or letting agency	14
Shared ownership: Shared ownership	9
Private rented: Other private rented	8
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LN2 3US have 2 people in household (96), and 1 person in household (51).

2 people in household	96
1 person in household	51
4 people in household	31
3 people in household	28
5 people in household	11
6 people in household	5
0 people in household	0
7 people in household	0
8 or more people in household	0