Housing Market Analysis for GERALDS CLOSE, LN2 4AL

Are you looking to understand LN2 4AL 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 Lincoln postcode.

For the location information and nearby amenities in the LN2 4AL area, explore the LN2 4AL Area information page.
For comprehensive crime statistics in the LN2 4AL area, explore the LN2 4AL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN2 4AL postcode area, The average prices are as follows,

Detached
- The average price is around £351,333 median price is £386,500 Standard Deviation is £148,910 with Total Sold: 18
- The Last 5 Year average price is £481,141 with Total Sold: 7
- The most recent sale happened at this postcode is 14 GERALDS CLOSE: £450,000 (Sold on 19 May 2023)
- The first recorded sale happened at this postcode is 2 GERALDS CLOSE: £430,000 (Sold on 14 Dec 2023)
Semi-Detached
- The average price is around £158,857 median price is £126,000 Standard Deviation is £68,240 with Total Sold: 7
- The most recent sale happened at this postcode is 10 GERALDS CLOSE: £235,000 (Sold on 26 Aug 2016)
- The first recorded sale happened at this postcode is 12 GERALDS CLOSE: £72,000 (Sold on 05 Sep 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LN2 4AL 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
2023	£440,000	£3,988	2
2022	£489,000	£2,715	2
2021	£485,000	£3,619	1
2020	£512,495	£1,042	2
2018	£482,500	£2,967	2
2012	£285,000	£1,804	1
2011	£353,000	£2,064	1
2010	£323,000	£1,854	1
2008	£300,000	£2,048	1
2001	£200,000	£1,262	2
2000	£140,000	£795	1
1998	£95,000		1
1996	£95,000	£841	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£235,000	£1,754	1
2011	£250,000	£1,773	1
2007	£220,000	£1,560	1
2000	£120,500	£858	2
1997	£94,000		1
1996	£72,000		1

All the Sales in the GERALDS CLOSE, LN2 4AL

See the table below for more details on the sold house prices in the LN2 4AL, Lincoln postcode.

Address	Sold Date	Price	% Change
14 GERALDS CLOSEDetached, FreeholdArea: 127 Sq.mtrAge: 1983-1990	19 May 2023	£450,000	First Sale
6 GERALDS CLOSEDetached, FreeholdArea: 171.04 Sq.mtrAge: 1950-1966	16 Feb 2022	£528,000	49.58%
	18 Oct 2011	£353,000	First Sale
5 GERALDS CLOSEDetached, FreeholdArea: 192 Sq.mtrAge: 1967-1975	09 Feb 2022	£450,000	First Sale
22 GERALDS CLOSEDetached, FreeholdArea: 134 Sq.mtrAge: 1950-1966	15 Oct 2021	£485,000	First Sale
24 GERALDS CLOSEDetached, FreeholdArea: 492 Sq.mtrAge: 1967-1975	11 Dec 2020	£525,000	5.00%
	07 Sep 2020	£499,990	First Sale
23 GERALDS CLOSEDetached, FreeholdArea: 148 Sq.mtrAge: 1950-1966	05 Jul 2018	£420,000	First Sale
1 GERALDS CLOSEDetached, FreeholdArea: 176 Sq.mtrAge: 1950-1966	05 Mar 2018	£545,000	289.29%
	15 Dec 2000	£140,000	First Sale
10 GERALDS CLOSESemi-Detached, FreeholdArea: 134 Sq.mtrAge: 1967-1975	26 Aug 2016	£235,000	104.35%
	14 Apr 2000	£115,000	First Sale
11 GERALDS CLOSEDetached, FreeholdArea: 158 Sq.mtrAge: 1930-1949	19 Nov 2012	£285,000	-5.00%
	30 May 2008	£300,000	42.86%
	12 Dec 2001	£210,000	First Sale
4 GERALDS CLOSESemi-Detached, FreeholdArea: 141 Sq.mtrAge: 1950-1966	07 Oct 2011	£250,000	13.64%
	15 Jun 2007	£220,000	First Sale
21 GERALDS CLOSEDetached, FreeholdArea: 174.23 Sq.mtrAge: 1950-1966	19 Nov 2010	£323,000	70.00%
	05 Jan 2001	£190,000	First Sale
12 GERALDS CLOSESemi-Detached, Freehold	25 Aug 2000	£126,000	34.04%
	15 Oct 1997	£94,000	30.56%
	05 Sep 1996	£72,000	First Sale
15 GERALDS CLOSEDetached, Freehold	31 Jul 1998	£95,000	First Sale
7 GERALDS CLOSEDetached, FreeholdArea: 113 Sq.mtrAge: 1950-1966	25 Jul 1996	£95,000	First Sale
2 GERALDS CLOSEDetached, FreeholdArea: 97 Sq.mtrAge: 1950-1966	14 Dec 2023	£430,000	First Sale

Check out the sold house prices near the LN2 4AL postcode. Properties currently for saleProperties currently for rent

GERALDS CLOSE, LN2 4AL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN2 4AL 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 4AL postcode.

Detached
- The average price is around £295,729 median price is £248,000 Standard Deviation is £222,696 with Total Sold: 407
- The Last 5 Year average price is £530,782 with Total Sold: 63
- The most recent sale happened at this postcode is , 54 NETTLEHAM ROAD: £623,500 (Sold on 05 Aug 2024)
- The first recorded sale happened at this postcode is , 20 LEE ROAD: £90,000 (Sold on 06 Mar 1995)
Semi-Detached
- The average price is around £158,981 median price is £134,000 Standard Deviation is £116,840 with Total Sold: 550
- The Last 5 Year average price is £280,238 with Total Sold: 92
- The most recent sale happened at this postcode is , 19 EGERTON ROAD: £520,000 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is , 17 ADDISON DRIVE: £30,000 (Sold on 17 Mar 1995)
Terraced
- The average price is around £144,993 median price is £126,000 Standard Deviation is £90,104 with Total Sold: 218
- The Last 5 Year average price is £208,605 with Total Sold: 49
- The most recent sale happened at this postcode is , 31 CHAUCER DRIVE: £175,000 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is , 173 WRAGBY ROAD: £31,500 (Sold on 10 Feb 1995)
Flat
- The average price is around £175,872 median price is £156,702 Standard Deviation is £85,887 with Total Sold: 168
- The Last 5 Year average price is £189,632 with Total Sold: 37
- The most recent sale happened at this postcode is , 38 NETTLEHAM ROAD: £370,000 (Sold on 16 Feb 2024)
- The first recorded sale happened at this postcode is , 38B NETTLEHAM ROAD: £69,960 (Sold on 31 Aug 1995)
Other
- The average price is around £652,628 median price is £650,000 Standard Deviation is £411,522 with Total Sold: 8
- The Last 5 Year average price is £600,000 with Total Sold: 4
- The most recent sale happened at this postcode is , 70 GREETWELL CLOSE: £750,000 (Sold on 21 Oct 2022)
- The first recorded sale happened at this postcode is , 7 LANGWORTHGATE: £245,000 (Sold on 20 Sep 2013)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£592,461	£3,907	5
2023	£730,404	£3,397	11
2022	£576,591	£2,843	11
2021	£470,231	£3,176	13
2020	£454,966	£2,497	15
2019	£395,312	£2,792	8
2018	£412,056	£2,665	18
2017	£417,708	£2,364	12
2016	£450,273	£2,400	11
2015	£351,467	£2,504	12
2014	£405,517	£2,212	15
2013	£293,195	£2,198	10
2012	£278,636	£1,999	11
2011	£297,954	£1,902	12
2010	£405,429	£2,155	7
2009	£312,800	£2,088	10
2008	£330,833	£2,424	12
2007	£361,658	£1,954	19
2006	£294,811	£1,995	14
2005	£277,111	£2,239	9
2004	£259,831	£1,750	21
2003	£250,711	£1,909	18
2002	£215,875	£1,338	12
2001	£136,227	£1,139	13
2000	£126,419	£721	20
1999	£112,915	£699	24
1998	£132,469	£638	16
1997	£109,387	£664	15
1996	£89,067	£618	23
1995	£86,040	£671	10

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£220,742		6
2023	£247,857	£2,574	14
2022	£323,967	£2,673	23
2021	£254,860	£2,203	26
2020	£300,421	£2,343	14
2019	£300,439	£2,289	9
2018	£286,679	£2,326	14
2017	£207,538	£2,039	20
2016	£180,708	£1,877	12
2015	£245,069	£2,134	13
2014	£202,828	£1,861	18
2013	£186,650	£1,695	20
2012	£215,903	£1,754	12
2011	£171,016	£1,566	16
2010	£184,570	£1,888	10
2009	£185,565	£1,628	13
2008	£173,583	£1,697	12
2007	£196,403	£1,784	16
2006	£162,236	£1,710	21
2005	£132,012	£1,580	21
2004	£157,963	£1,411	16
2003	£132,679	£1,403	21
2002	£104,302	£1,062	35
2001	£80,806	£788	32
2000	£68,319	£626	18
1999	£61,306	£575	16
1998	£56,098	£684	51
1997	£65,012	£578	18
1996	£59,882	£567	19
1995	£59,675	£476	14

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£237,500		2
2023	£173,083	£1,998	6
2022	£206,833	£2,323	12
2021	£239,454	£2,258	13
2020	£228,000	£2,412	6
2019	£174,525	£1,966	10
2018	£207,500	£2,153	4
2017	£168,556	£1,930	8
2016	£202,806	£2,269	8
2015	£178,731	£1,797	13
2014	£206,246	£2,007	10
2013	£172,988	£2,045	4
2012	£117,625	£1,311	4
2011	£161,500	£2,207	2
2010	£158,333	£1,810	3
2009	£150,064	£1,420	7
2008	£118,333	£1,891	6
2007	£207,822	£2,367	9
2006	£126,039	£1,759	9
2005	£106,100	£1,659	5
2004	£98,095	£1,389	10
2003	£133,463	£1,549	7
2002	£112,933	£1,252	12
2001	£57,600	£934	8
2000	£73,190	£970	5
1999	£66,827	£786	11
1998	£45,992	£744	6
1997	£45,562	£635	4
1996	£41,717	£641	9
1995	£55,600	£397	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£370,000		1
2023	£222,833	£2,398	3
2022	£226,500	£2,687	10
2021	£165,800	£2,375	5
2020	£164,495	£2,787	11
2019	£153,493	£2,578	7
2018	£176,938	£2,905	8
2017	£245,375	£2,850	4
2016	£189,859	£2,288	11
2015	£152,100	£2,201	5
2014	£206,429	£3,032	7
2013	£181,238	£2,034	4
2012	£161,741	£1,716	4
2011	£275,000	£3,991	1
2010	£150,800	£2,353	5
2009	£228,333	£2,668	3
2008	£191,320	£2,388	20
2007	£213,080	£2,951	12
2006	£209,316	£2,917	10
2005	£230,755	£2,719	10
2002	£103,493	£891	5
2001	£100,100	£1,455	2
2000	£65,167	£791	3
1999	£65,000	£1,034	2
1997	£36,256	£453	5
1996	£85,990	£779	5
1995	£62,962	£574	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£650,000		2
2020	£800,000		1
2019	£300,000		1
2018	£751,021		1
2017	£1,575,000		1
2014	£250,000	£2,475	1
2013	£245,000	£2,816	1

House Type in LN2 4AL area

The most common house types in the LN2 4AL postcode area are Detached (55), Semi-detached (40), and Terraced (18).

Total	119
Detached	55
Semi-detached	40
Terraced	18
Flat	6
Shared house	0
converted building	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 (57), and Owned: Owns with a mortgage or loan (41).

Owned: Owns outright	57
Owned: Owns with a mortgage or loan	41
Private rented: Private landlord or letting agency	17
Social rented: Rents from council or Local Authority	2
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LN2 4AL have 2 people in household (49), and 1 person in household (29).

2 people in household	49
1 person in household	29
3 people in household	21
4 people in household	17
6 people in household	3
5 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0