Housing Market Analysis for PENNYCRESS CLOSE, LN2 4TD

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £141,772 median price is £163,500 Standard Deviation is £74,168 with Total Sold: 9
    • The Last 5 Year average price is £233,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 6 PENNYCRESS CLOSE: £220,000 (Sold on 16 Jun 2022)
    • The first recorded sale happened at this postcode is 5 PENNYCRESS CLOSE: £51,000 (Sold on 09 Sep 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LN2 4TD 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
2022£220,000 £3,492 1
2021£247,500 £2,982 1
2018£163,500 £2,555 1
2017£185,000 £3,083 1
2016£192,000 £2,207 1
2009£126,000 £2,032 1
2000£57,950 £698 1
1996£42,000 £797 2

All the Sales in the PENNYCRESS CLOSE, LN2 4TD

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

AddressSold DatePrice% Change
6 PENNYCRESS CLOSEDetached, FreeholdArea: 63 Sq.mtrAge: 1983-199016 Jun 2022£220,000First Sale
4 PENNYCRESS CLOSEDetached, FreeholdArea: 83 Sq.mtrAge: 1983-199024 Sep 2021£247,500327.09%
03 Aug 2000£57,950First Sale
5 PENNYCRESS CLOSEDetached, FreeholdArea: 64 Sq.mtrAge: 1983-199007 Nov 2018£163,500220.59%
09 Sep 1996£51,000First Sale
7 PENNYCRESS CLOSEDetached, FreeholdArea: 60 Sq.mtrAge: 1991-199518 Aug 2017£185,000First Sale
11 PENNYCRESS CLOSEDetached, FreeholdArea: 87 Sq.mtrAge: 1983-199012 Jul 2016£192,000First Sale
3 PENNYCRESS CLOSEDetached, FreeholdArea: 62 Sq.mtrAge: 1983-199011 Sep 2009£126,000First Sale
8 PENNYCRESS CLOSEDetached, Freehold13 Dec 1996£33,000First Sale

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

PENNYCRESS CLOSE, LN2 4TD Near By properties

Interactive Map

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

  • Detached
    • The average price is around £170,073 median price is £165,000 Standard Deviation is £94,045 with Total Sold: 709
    • The Last 5 Year average price is £271,750 with Total Sold: 168
    • The most recent sale happened at this postcode is , 69 HARLAND ROAD: £342,500 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 1 MONTAIGNE GARDEN: £65,000 (Sold on 04 Jan 1995)
  • Terraced
    • The average price is around £107,864 median price is £100,000 Standard Deviation is £54,314 with Total Sold: 171
    • The Last 5 Year average price is £152,572 with Total Sold: 38
    • The most recent sale happened at this postcode is , 87 BROWNING DRIVE: £103,550 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 21 MONTAIGNE CLOSE: £25,000 (Sold on 28 Feb 1995)
  • Semi-Detached
    • The average price is around £112,724 median price is £114,500 Standard Deviation is £56,297 with Total Sold: 787
    • The Last 5 Year average price is £185,113 with Total Sold: 135
    • The most recent sale happened at this postcode is , 4 GIBSON ROAD: £220,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 22 MONTAIGNE CRESCENT: £37,750 (Sold on 04 Jan 1995)
  • Other
    • The average price is around £273,667 median price is £240,000 Standard Deviation is £167,523 with Total Sold: 6
    • The Last 5 Year average price is £343,750 with Total Sold: 4
    • The most recent sale happened at this postcode is , 183 WOLSEY WAY: £325,000 (Sold on 30 Nov 2023)
    • The first recorded sale happened at this postcode is , 6A MONTAIGNE CLOSE: £62,000 (Sold on 10 May 2018)
  • Flat
    • The average price is around £53,275 median price is £61,150 Standard Deviation is £19,929 with Total Sold: 12
    • The Last 5 Year average price is £68,460 with Total Sold: 5
    • The most recent sale happened at this postcode is FLAT 2, 71 SWIFT GARDENS: £80,000 (Sold on 10 Mar 2023)
    • The first recorded sale happened at this postcode is , 135A MACAULAY DRIVE: £5,500 (Sold on 18 Apr 2000)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£317,121 £3,298 12
2023£283,593 £3,217 30
2022£273,204 £3,163 23
2021£283,129 £2,853 23
2020£260,340 £2,906 43
2019£252,717 £2,814 37
2018£243,733 £2,625 35
2017£229,326 £2,334 27
2016£207,444 £2,317 24
2015£197,901 £2,252 31
2014£194,493 £2,031 39
2013£174,730 £1,986 20
2012£159,778 £1,728 16
2011£158,902 £1,755 22
2010£141,400 £1,903 10
2009£151,098 £1,686 20
2008£176,214 £2,035 7
2007£148,029 £1,943 14
2006£179,998 £1,991 20
2005£164,411 £1,791 9
2004£139,133 £1,563 17
2003£123,086 £1,590 14
2002£100,943 £1,195 23
2001£78,856 £979 27
2000£63,859 £784 39
1999£69,331 £920 29
1998£70,329 £701 17
1997£58,936 £724 29
1996£61,592 £705 24
1995£61,254 £718 28
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£149,1384
2023£139,167 £2,308 6
2022£175,800 £2,366 5
2021£164,312 £2,119 12
2020£146,100 £2,075 5
2019£130,825 £1,877 6
2018£140,700 £1,732 5
2017£168,381 £2,077 16
2016£159,730 £1,902 10
2015£121,322 £1,584 9
2014£105,173 £1,638 11
2013£98,494 £1,573 9
2012£79,000 £2,060 1
2011£85,564 £1,378 7
2010£71,5001
2009£81,167 £833 3
2008£85,300 £1,383 5
2007£80,800 £1,266 5
2006£77,049 £932 8
2005£83,757 £1,494 3
2004£53,430 £949 4
2003£76,825 £1,220 6
2002£57,850 £1,134 4
2001£44,740 £761 5
2000£41,858 £756 6
1998£31,062 £436 4
1997£34,500 £639 1
1996£25,733 £519 3
1995£29,850 £577 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£211,990 £2,923 5
2023£200,610 £3,040 23
2022£203,792 £2,925 20
2021£183,889 £2,732 31
2020£180,147 £2,606 34
2019£155,220 £2,564 22
2018£166,294 £2,610 41
2017£155,888 £2,323 29
2016£143,905 £2,121 30
2015£136,006 £2,152 31
2014£138,768 £2,038 46
2013£133,112 £1,993 13
2012£126,450 £1,906 10
2011£111,512 £1,626 14
2010£112,000 £1,705 7
2009£109,614 £1,693 11
2008£117,120 £1,832 12
2007£126,089 £1,922 32
2006£118,666 £2,131 31
2005£111,816 £1,724 25
2004£107,421 £1,827 30
2003£83,791 £1,367 38
2002£68,430 £1,171 47
2001£52,739 £878 35
2000£48,648 £830 67
1999£42,860 £701 25
1998£42,353 £658 16
1997£40,716 £695 25
1996£41,278 £608 18
1995£40,495 £621 19
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£258,333 £2,791 3
2022£600,0001
2018£133,500 £1,181 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£80,000 £1,270 1
2022£61,000 £762 1
2021£72,500 £1,250 1
2019£64,400 £936 2
2018£63,000 £788 1
2015£63,000 £1,086 1
2014£40,0001
2008£45,000 £776 1
2003£28,000 £273 1
2002£52,500 £1,382 1
2000£5,500 £54 1

House Type in LN2 4TD area

The most common house types in the LN2 4TD postcode area are Detached (117), Semi-detached (2), and Terraced (2).

Total122
Detached117
Semi-detached2
Terraced2
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (92), and Owned: Owns with a mortgage or loan (16).

Owned: Owns outright92
Owned: Owns with a mortgage or loan16
Private rented: Private landlord or letting agency12
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the LN2 4TD have 2 people in household (59), and 1 person in household (50).

2 people in household59
1 person in household50
3 people in household8
4 people in household6
6 people in household1
0 people in household0
5 people in household0
7 people in household0
8 or more people in household0