Housing Market Analysis for LANCASTER CLOSE, LN3 5BX

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £153,333 median price is £140,000 Standard Deviation is £26,247 with Total Sold: 3
    • The Last 5 Year average price is £190,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5 LANCASTER CLOSE: £190,000 (Sold on 18 Jul 2022)
    • The first recorded sale happened at this postcode is 5 LANCASTER CLOSE: £140,000 (Sold on 10 Sep 2015)
  • Detached
    • The average price is around £173,333 median price is £169,000 Standard Deviation is £13,816 with Total Sold: 3
    • The Last 5 Year average price is £192,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 LANCASTER CLOSE: £192,000 (Sold on 16 Dec 2019)
    • The first recorded sale happened at this postcode is 1 LANCASTER CLOSE: £169,000 (Sold on 23 Aug 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average LN3 5BX 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£190,000 £2,235 1
2016£130,000 £1,250 1
2015£140,000 £1,647 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£192,000 £1,939 1
2014£159,000 £1,606 1
2013£169,000 £1,523 1

All the Sales in the LANCASTER CLOSE, LN3 5BX

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

AddressSold DatePrice% Change
5 LANCASTER CLOSESemi-Detached, FreeholdArea: 85 Sq.mtrAge: INVALID!18 Jul 2022£190,00035.71%
10 Sep 2015£140,000First Sale
2 LANCASTER CLOSEDetached, FreeholdArea: 99 Sq.mtrAge: 2007 onwards16 Dec 2019£192,00020.75%
03 Jan 2014£159,000First Sale
4 LANCASTER CLOSESemi-Detached, FreeholdArea: 104 Sq.mtrAge: INVALID!08 Jan 2016£130,000First Sale
1 LANCASTER CLOSEDetached, FreeholdArea: 111 Sq.mtrAge: 2012 onwards23 Aug 2013£169,000First Sale

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

LANCASTER CLOSE, LN3 5BX Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £110,552 median price is £114,998 Standard Deviation is £44,119 with Total Sold: 164
    • The Last 5 Year average price is £149,723 with Total Sold: 31
    • The most recent sale happened at this postcode is , 7 KNOWLES WAY: £182,500 (Sold on 12 Aug 2024)
    • The first recorded sale happened at this postcode is , 54 STATION ROAD: £44,000 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £195,379 median price is £180,000 Standard Deviation is £124,330 with Total Sold: 193
    • The Last 5 Year average price is £304,861 with Total Sold: 52
    • The most recent sale happened at this postcode is , 28 HANCOCK DRIVE: £290,000 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 53 STATION ROAD: £120,000 (Sold on 25 Aug 1995)
  • Other
    • The average price is around £140,453 median price is £108,631 Standard Deviation is £79,995 with Total Sold: 10
    • The Last 5 Year average price is £141,525 with Total Sold: 6
    • The most recent sale happened at this postcode is , 64 STATION ROAD: £180,000 (Sold on 25 Apr 2024)
    • The first recorded sale happened at this postcode is , 83 ABBEY ROAD: £103,631 (Sold on 13 Mar 2017)
  • Terraced
    • The average price is around £96,190 median price is £100,000 Standard Deviation is £44,339 with Total Sold: 95
    • The Last 5 Year average price is £127,841 with Total Sold: 22
    • The most recent sale happened at this postcode is , 18 THOMAS KITCHING WAY: £150,000 (Sold on 19 Jan 2024)
    • The first recorded sale happened at this postcode is , 29 STATION ROAD: £29,000 (Sold on 19 Jan 1996)
  • Flat
    • The average price is around £51,000 median price is £44,500 Standard Deviation is £21,091 with Total Sold: 8
    • The most recent sale happened at this postcode is , 31A STATION ROAD: £44,000 (Sold on 06 Nov 2017)
    • The first recorded sale happened at this postcode is FLAT 1, THE OLD BAKEHOUSE, 115 STATION ROAD: £35,000 (Sold on 08 Aug 1996)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£182,5001
2023£175,000 £2,864 2
2022£185,600 £2,000 5
2021£134,350 £2,048 10
2020£121,500 £1,761 2
2019£144,945 £2,049 11
2018£145,424 £2,087 9
2017£147,250 £1,789 4
2016£123,745 £1,548 12
2015£127,500 £1,784 8
2014£116,922 £1,776 10
2013£116,608 £1,680 10
2012£127,629 £1,994 5
2011£94,001 £1,027 4
2010£107,667 £1,395 6
2009£117,100 £1,550 5
2008£113,660 £2,428 3
2007£100,964 £1,311 5
2006£113,988 £1,633 4
2005£151,000 £947 4
2004£90,328 £1,433 5
2003£99,071 £1,112 7
2002£45,738 £590 4
2001£50,283 £590 3
2000£54,000 £605 4
1999£44,640 £641 5
1998£48,4005
1997£55,000 £680 2
1996£24,9951
1995£38,056 £534 8
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£410,0003
2023£396,000 £4,030 5
2022£306,000 £2,988 3
2021£335,877 £2,156 13
2020£265,819 £2,514 13
2019£260,180 £2,294 15
2018£237,275 £1,949 12
2017£258,364 £1,720 7
2016£182,492 £1,921 12
2015£178,988 £2,261 4
2014£186,704 £1,693 13
2013£174,682 £1,739 17
2012£131,075 £1,499 6
2011£205,000 £1,186 2
2010£139,250 £1,254 4
2009£152,500 £1,358 4
2007£153,350 £1,310 7
2006£172,880 £1,598 11
2005£165,500 £1,787 3
2004£180,0001
2003£112,416 £1,329 5
2002£99,867 £764 6
2001£82,483 £865 3
2000£70,2502
1999£52,429 £496 7
1998£69,690 £521 5
1997£57,750 £618 4
1996£53,2205
1995£120,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0001
2023£90,0001
2022£159,717 £1,159 3
2021£100,0001
2018£169,058 £3,373 2
2017£108,631 £355 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,0001
2023£144,333 £1,842 3
2022£119,500 £1,834 7
2021£118,000 £2,093 4
2020£143,250 £1,812 4
2019£116,000 £2,242 3
2018£102,230 £1,748 12
2017£113,000 £2,129 1
2016£87,492 £1,386 6
2015£108,000 £2,000 1
2014£118,769 £1,938 5
2013£110,000 £1,716 4
2012£101,224 £1,619 4
2009£94,333 £911 3
2008£97,750 £1,375 2
2007£104,119 £1,612 8
2006£103,000 £1,742 3
2005£122,500 £1,140 4
2004£77,475 £1,261 2
2003£72,950 £1,196 1
2002£52,938 £603 4
2001£31,750 £377 2
2000£21,400 £369 2
1998£42,900 £477 3
1997£22,333 £322 3
1996£20,667 £373 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£44,000 £987 1
2014£89,000 £1,254 1
2010£45,000 £1,010 1
2007£57,500 £1,047 1
2006£79,000 £1,113 1
2001£29,250 £401 2
1996£35,0001

House Type in LN3 5BX area

The most common house types in the LN3 5BX postcode area are Detached (73), Semi-detached (46), and Terraced (8).

Total141
Detached73
Semi-detached46
Terraced8
Shared house5
converted building5
Flat4
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (59), and Owned: Owns with a mortgage or loan (54).

Owned: Owns outright59
Owned: Owns with a mortgage or loan54
Private rented: Private landlord or letting agency18
Social rented: Other social rented7
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the LN3 5BX have 2 people in household (61), and 1 person in household (32).

2 people in household61
1 person in household32
3 people in household20
4 people in household17
5 people in household7
6 people in household2
8 or more people in household1
0 people in household0
7 people in household0