Housing Market Analysis for ADDISON DRIVE, LN2 4LY

Are you looking to understand LN2 4LY 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 4LY area, explore the LN2 4LY Area information page.
For comprehensive crime statistics in the LN2 4LY area, explore the LN2 4LY Crime Rates page.

Overview of Sold House prices

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

  • Terraced
    • The average price is around £139,950 median price is £139,950 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 87 ADDISON DRIVE: £139,950 (Sold on 13 May 2016)
    • The first recorded sale happened at this postcode is 87 ADDISON DRIVE: £139,950 (Sold on 13 May 2016)
  • Semi-Detached
    • The average price is around £92,367 median price is £87,475 Standard Deviation is £54,326 with Total Sold: 6
    • The Last 5 Year average price is £158,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 89 ADDISON DRIVE: £70,000 (Sold on 13 Nov 2009)
    • The first recorded sale happened at this postcode is 89 ADDISON DRIVE: £170,000 (Sold on 05 Apr 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average LN2 4LY 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£139,950 £1,666 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£70,000 £903 1
2008£104,9501
2001£31,125 £565 2
2024£158,500 £2,192 2

All the Sales in the ADDISON DRIVE, LN2 4LY

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

AddressSold DatePrice% Change
87 ADDISON DRIVETerraced, FreeholdArea: 84 Sq.mtrAge: 1930-194913 May 2016£139,950First Sale
89 ADDISON DRIVESemi-Detached, FreeholdArea: 77.54 Sq.mtrAge: 1930-194913 Nov 2009£70,000-58.82%
05 Apr 2024£170,000First Sale
98 ADDISON DRIVESemi-Detached, Freehold08 Apr 2008£104,950First Sale
80 ADDISON DRIVESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-196610 Aug 2001£47,500-67.69%
16 May 2024£147,000First Sale
86 ADDISON DRIVESemi-Detached, Freehold06 Aug 2001£14,750First Sale

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

ADDISON DRIVE, LN2 4LY Near By properties

Interactive Map

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

  • Flat
    • The average price is around £112,291 median price is £117,250 Standard Deviation is £25,440 with Total Sold: 214
    • The Last 5 Year average price is £110,444 with Total Sold: 51
    • The most recent sale happened at this postcode is APARTMENT 1, VENABLES COURT VENABLES WAY: £125,000 (Sold on 19 Sep 2024)
    • The first recorded sale happened at this postcode is , 135A MACAULAY DRIVE: £5,500 (Sold on 18 Apr 2000)
  • Semi-Detached
    • The average price is around £100,208 median price is £100,000 Standard Deviation is £53,625 with Total Sold: 768
    • The Last 5 Year average price is £178,264 with Total Sold: 112
    • The most recent sale happened at this postcode is , 47 CHAUCER DRIVE: £212,000 (Sold on 14 Aug 2024)
    • The first recorded sale happened at this postcode is , 22 MONTAIGNE CRESCENT: £37,750 (Sold on 04 Jan 1995)
  • Terraced
    • The average price is around £90,267 median price is £90,000 Standard Deviation is £44,022 with Total Sold: 433
    • The Last 5 Year average price is £143,757 with Total Sold: 86
    • 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 , 10 SCOTT GARDENS: £22,000 (Sold on 07 Feb 1995)
  • Detached
    • The average price is around £134,320 median price is £123,250 Standard Deviation is £79,513 with Total Sold: 380
    • The Last 5 Year average price is £239,331 with Total Sold: 61
    • The most recent sale happened at this postcode is , 21 MONTAIGNE CRESCENT: £318,000 (Sold on 03 May 2024)
    • The first recorded sale happened at this postcode is , 1 MONTAIGNE GARDEN: £65,000 (Sold on 04 Jan 1995)
  • Other
    • The average price is around £323,636 median price is £205,000 Standard Deviation is £401,939 with Total Sold: 11
    • The Last 5 Year average price is £234,167 with Total Sold: 6
    • The most recent sale happened at this postcode is APARTMENT 167, PALATINE HOUSE OLSEN RISE: £114,000 (Sold on 17 Apr 2024)
    • The first recorded sale happened at this postcode is , 6A MONTAIGNE CLOSE: £62,000 (Sold on 10 May 2018)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£125,590 £1,900 5
2023£116,071 £1,761 7
2022£109,875 £1,656 8
2021£114,278 £1,689 9
2020£112,994 £1,688 9
2019£97,519 £1,529 13
2018£98,400 £1,521 10
2017£109,182 £1,650 11
2016£119,350 £1,693 10
2015£92,850 £1,600 5
2014£105,400 £1,723 5
2013£112,658 £1,676 6
2012£90,000 £1,476 1
2011£124,000 £1,875 2
2010£114,500 £1,645 1
2009£97,667 £1,599 3
2008£111,512 £1,769 38
2007£119,863 £1,975 35
2006£124,445 £2,008 29
2005£132,952 £1,840 1
2004£115,333 £1,701 3
2003£28,000 £273 1
2002£52,500 £1,382 1
2000£5,500 £54 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£187,938 £2,558 8
2023£204,056 £2,536 18
2022£192,004 £2,398 22
2021£173,344 £2,152 27
2020£160,774 £2,101 19
2019£157,219 £1,827 18
2018£142,305 £2,186 22
2017£137,763 £1,659 24
2016£134,766 £1,739 25
2015£133,989 £1,716 28
2014£118,523 £1,623 28
2013£120,761 £1,488 14
2012£95,717 £1,253 9
2011£97,953 £1,539 16
2010£99,438 £1,403 8
2009£101,500 £1,305 16
2008£111,610 £1,498 15
2007£115,984 £1,523 43
2006£115,278 £1,670 39
2005£110,702 £1,658 22
2004£105,902 £1,502 42
2003£75,185 £1,063 31
2002£61,702 £996 59
2001£52,095 £690 46
2000£47,242 £770 70
1999£41,635 £563 24
1998£37,712 £485 17
1997£39,690 £478 21
1996£35,723 £445 15
1995£38,827 £522 22
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£154,221 £1,480 7
2023£139,769 £1,978 13
2022£157,721 £1,939 18
2021£141,032 £1,851 14
2020£138,227 £1,741 11
2019£136,200 £1,699 23
2018£137,612 £1,887 13
2017£115,913 £1,576 23
2016£113,813 £1,331 8
2015£107,724 £1,332 23
2014£95,463 £1,365 23
2013£89,356 £1,279 18
2012£90,981 £1,137 13
2011£80,359 £1,188 11
2010£97,300 £1,349 5
2009£81,589 £1,098 14
2008£87,375 £1,210 8
2007£103,600 £1,324 15
2006£89,512 £1,255 15
2005£93,660 £1,249 10
2004£92,157 £1,146 17
2003£65,143 £939 15
2002£51,943 £685 21
2001£38,474 £668 17
2000£38,520 £569 22
1999£32,606 £479 8
1998£30,846 £408 14
1997£33,094 £454 9
1996£26,533 £450 6
1995£29,563 £426 19
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£236,500 £2,719 2
2023£247,878 £5,562 9
2022£285,209 £2,652 16
2021£242,530 £2,669 15
2020£202,333 £2,350 12
2019£180,857 £2,341 7
2018£201,996 £2,502 13
2017£189,556 £2,120 8
2016£194,333 £1,925 9
2015£179,347 £1,944 17
2014£150,750 £1,773 10
2013£134,158 £1,590 6
2012£143,495 £1,642 11
2011£150,900 £1,479 5
2010£150,222 £1,725 9
2009£138,667 £1,785 9
2008£230,375 £1,985 4
2007£156,304 £2,077 13
2006£166,650 £1,686 18
2005£138,279 £1,585 7
2004£120,885 £1,349 22
2003£107,838 £1,299 8
2002£88,800 £1,114 23
2001£78,605 £901 22
2000£59,687 £709 30
1999£56,522 £754 20
1998£63,357 £661 14
1997£55,465 £664 17
1996£60,827 £504 11
1995£47,827 £616 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£128,0002
2023£275,000 £1,858 1
2022£600,0001
2021£273,000 £4,200 1
2019£1,0001
2018£431,000 £1,606 5

House Type in LN2 4LY area

The most common house types in the LN2 4LY postcode area are Semi-detached (87), Terraced (44), and Detached (8).

Total146
Semi-detached87
Terraced44
Detached8
Flat4
converted building2
Shared house1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (65), and Owned: Owns with a mortgage or loan (34).

Social rented: Rents from council or Local Authority65
Owned: Owns with a mortgage or loan34
Owned: Owns outright24
Private rented: Private landlord or letting agency13
Social rented: Other social rented5
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN2 4LY have 2 people in household (38), and 3 people in household (35).

2 people in household38
3 people in household35
1 person in household30
5 people in household17
4 people in household16
6 people in household5
7 people in household4
0 people in household0
8 or more people in household0