Housing Market Analysis for NORMAN WAY, LN3 5BT

Are you looking to understand LN3 5BT 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 LN3 5BT area, explore the LN3 5BT Area information page.
For comprehensive crime statistics in the LN3 5BT area, explore the LN3 5BT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN3 5BT postcode area, The average prices are as follows,

  • Detached
    • The average price is around £144,988 median price is £137,500 Standard Deviation is £22,619 with Total Sold: 4
    • The Last 5 Year average price is £179,950 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 NORMAN WAY: £179,950 (Sold on 19 Feb 2021)
    • The first recorded sale happened at this postcode is 6 NORMAN WAY: £125,000 (Sold on 16 Dec 2011)
  • Semi-Detached
    • The average price is around £115,583 median price is £112,375 Standard Deviation is £47,102 with Total Sold: 6
    • The Last 5 Year average price is £119,875 with Total Sold: 2
    • The most recent sale happened at this postcode is 27 NORMAN WAY: £59,750 (Sold on 24 Sep 2020)
    • The first recorded sale happened at this postcode is 1 NORMAN WAY: £118,750 (Sold on 08 Nov 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average LN3 5BT 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
2021£179,950 £2,142 1
2016£150,000 £1,786 1
2013£125,000 £1,488 1
2011£125,000 £1,488 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£119,875 £1,399 2
2017£114,500 £1,339 2
2012£106,000 £1,371 1
2011£118,750 £1,341 1

All the Sales in the NORMAN WAY, LN3 5BT

See the table below for more details on the sold house prices in the LN3 5BT, West Lindsey postcode.

AddressSold DatePrice% Change
6 NORMAN WAYDetached, FreeholdArea: 84 Sq.mtrAge: 2007-201119 Feb 2021£179,95019.97%
31 Mar 2016£150,00020.00%
07 Feb 2013£125,0000.0
16 Dec 2011£125,000First Sale
27 NORMAN WAYSemi-Detached, LeaseholdArea: 78.02 Sq.mtr24 Sep 2020£59,750-0.42%
21 Jul 2017£60,000First Sale
1 NORMAN WAYSemi-Detached, FreeholdArea: 88.54 Sq.mtr28 Aug 2020£180,0006.51%
16 Jun 2017£169,00042.32%
08 Nov 2011£118,750First Sale
2 NORMAN WAYSemi-Detached, FreeholdArea: 77.32 Sq.mtr30 Apr 2012£106,000First Sale

Check out the sold house prices near the LN3 5BT postcode. Properties currently for saleProperties currently for rent

NORMAN WAY, LN3 5BT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN3 5BT 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 LN3 5BT postcode.

  • Detached
    • The average price is around £138,941 median price is £129,475 Standard Deviation is £79,999 with Total Sold: 184
    • The Last 5 Year average price is £218,407 with Total Sold: 37
    • The most recent sale happened at this postcode is , 41 WRAGBY ROAD: £387,000 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , 80 WRAGBY ROAD: £33,000 (Sold on 03 Mar 1995)
  • Semi-Detached
    • The average price is around £103,872 median price is £105,000 Standard Deviation is £50,085 with Total Sold: 134
    • The Last 5 Year average price is £147,452 with Total Sold: 29
    • The most recent sale happened at this postcode is , 43 SILVER STREET: £145,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 57 SILVER STREET: £45,250 (Sold on 31 May 1995)
  • Other
    • The average price is around £215,575 median price is £189,500 Standard Deviation is £126,284 with Total Sold: 8
    • The Last 5 Year average price is £212,100 with Total Sold: 6
    • The most recent sale happened at this postcode is , THE OLD EXCHANGE WRAGBY ROAD: £45,600 (Sold on 25 Mar 2024)
    • The first recorded sale happened at this postcode is , 26 - 28 QUEEN STREET: £192,000 (Sold on 31 May 2017)
  • Terraced
    • The average price is around £91,968 median price is £81,000 Standard Deviation is £50,322 with Total Sold: 71
    • The Last 5 Year average price is £136,714 with Total Sold: 14
    • The most recent sale happened at this postcode is , 31 SILVER STREET: £129,500 (Sold on 20 Dec 2023)
    • The first recorded sale happened at this postcode is , 29 SILVER STREET: £36,000 (Sold on 24 May 1996)
  • Flat
    • The average price is around £73,333 median price is £78,000 Standard Deviation is £9,568 with Total Sold: 3
    • The most recent sale happened at this postcode is , 14 SILVER STREET: £82,000 (Sold on 06 Sep 2017)
    • The first recorded sale happened at this postcode is , 14 SILVER STREET: £60,000 (Sold on 06 Sep 2007)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£212,8673
2023£244,000 £2,737 2
2022£242,201 £2,889 6
2021£227,556 £2,263 8
2020£236,043 £2,121 7
2019£184,409 £2,038 11
2018£147,357 £1,909 7
2017£196,750 £1,771 6
2016£141,333 £2,040 9
2015£130,000 £1,717 7
2014£147,679 £1,914 12
2013£119,431 £1,463 8
2012£108,314 £1,600 7
2011£112,375 £1,765 4
2010£123,150 £1,553 5
2009£123,500 £1,427 4
2008£159,500 £1,305 7
2007£191,406 £1,331 8
2006£136,900 £1,500 5
2005£135,580 £1,750 5
2004£124,433 £1,308 9
2003£112,1005
2002£110,125 £1,108 4
2001£58,306 £771 8
2000£75,190 £642 5
1999£50,062 £624 4
1998£48,325 £714 6
1997£47,875 £610 4
1996£55,090 £554 5
1995£38,167 £691 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£162,500 £2,432 2
2023£189,100 £2,346 4
2022£162,833 £2,341 3
2021£141,166 £2,149 6
2020£143,708 £1,724 6
2019£124,619 £1,595 8
2018£143,286 £1,658 7
2017£125,188 £1,468 4
2016£158,483 £1,583 3
2015£126,143 £1,479 7
2014£114,375 £1,547 4
2013£105,988 £1,446 4
2012£93,078 £1,311 8
2011£89,594 £1,326 8
2010£148,250 £1,425 1
2009£50,000 £914 1
2008£174,855 £1,161 2
2007£150,333 £1,632 3
2006£110,343 £1,554 7
2005£93,000 £815 4
2004£78,095 £1,171 10
2003£69,833 £1,021 3
2002£63,242 £896 6
2001£48,500 £476 3
2000£33,183 £467 5
1999£43,211 £534 7
1998£44,000 £473 2
1996£34,342 £581 4
1995£42,625 £597 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£45,6001
2023£75,0001
2022£350,000 £1,651 1
2021£165,0001
2019£318,500 £1,851 2
2018£260,0001
2017£192,000 £573 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£146,125 £2,205 4
2022£187,667 £2,423 3
2021£110,500 £1,703 2
2020£119,333 £2,033 3
2019£93,750 £1,345 2
2018£104,500 £1,336 2
2017£135,800 £1,674 5
2016£72,500 £1,450 1
2015£102,833 £1,360 3
2014£90,000 £1,227 3
2013£113,250 £1,147 4
2010£77,150 £1,200 3
2009£76,625 £1,030 4
2008£95,000 £1,765 2
2007£104,000 £1,320 1
2005£81,600 £1,390 5
2004£123,500 £1,447 2
2003£77,500 £1,230 2
2002£75,612 £732 4
2001£49,817 £613 6
2000£31,333 £235 3
1999£33,483 £354 3
1998£67,000 £711 1
1997£41,475 £526 2
1996£36,000 £493 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£82,000 £1,802 1
2009£78,000 £1,714 1
2007£60,000 £1,318 1

House Type in LN3 5BT area

The most common house types in the LN3 5BT postcode area are Semi-detached (71), Detached (68), and Terraced (23).

Total165
Semi-detached71
Detached68
Terraced23
Flat1
commercial building1
temporary structure1
Shared house0
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (58), and Social rented: Other social rented (42).

Owned: Owns outright58
Social rented: Other social rented42
Owned: Owns with a mortgage or loan31
Private rented: Private landlord or letting agency12
Private rented: Other private rented10
Social rented: Rents from council or Local Authority6
Shared ownership: Shared ownership4
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LN3 5BT have 2 people in household (58), and 1 person in household (52).

2 people in household58
1 person in household52
3 people in household23
4 people in household15
5 people in household8
6 people in household6
7 people in household1
0 people in household0
8 or more people in household0