Housing Market Analysis for LANCASTER GATE, LN3 5BY

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £137,425 median price is £142,975 Standard Deviation is £14,960 with Total Sold: 8
    • The most recent sale happened at this postcode is 2 LANCASTER GATE: £145,000 (Sold on 28 Aug 2018)
    • The first recorded sale happened at this postcode is 1 LANCASTER GATE: £141,000 (Sold on 31 Jan 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average LN3 5BY 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
2018£145,000 £2,843 1
2016£141,250 £2,270 2
2015£116,500 £1,839 2
2014£146,300 £2,544 3

All the Sales in the LANCASTER GATE, LN3 5BY

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

AddressSold DatePrice% Change
2 LANCASTER GATEDetached, FreeholdArea: 51 Sq.mtrAge: INVALID!28 Aug 2018£145,000-5.20%
24 Jul 2014£152,950First Sale
1 LANCASTER GATEDetached, FreeholdArea: 69 Sq.mtrAge: 2007 onwards07 Oct 2016£150,0006.38%
31 Jan 2014£141,000First Sale
3 LANCASTER GATEDetached, FreeholdArea: 56 Sq.mtrAge: INVALID!30 Mar 2016£132,50028.64%
14 Oct 2015£103,000-28.94%
19 Sep 2014£144,950First Sale
4 LANCASTER GATEDetached, Freehold03 Mar 2015£130,000First Sale

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

LANCASTER GATE, LN3 5BY Near By properties

Interactive Map

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

  • Detached
    • The average price is around £153,107 median price is £137,500 Standard Deviation is £113,494 with Total Sold: 247
    • The Last 5 Year average price is £264,440 with Total Sold: 41
    • 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 £108,455 median price is £109,000 Standard Deviation is £49,785 with Total Sold: 204
    • The Last 5 Year average price is £147,570 with Total Sold: 43
    • 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 , 34 ABBEY ROAD: £34,000 (Sold on 26 May 1995)
  • Other
    • The average price is around £192,547 median price is £176,150 Standard Deviation is £115,297 with Total Sold: 11
    • The Last 5 Year average price is £206,964 with Total Sold: 7
    • 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 , 83 ABBEY ROAD: £103,631 (Sold on 13 Mar 2017)
  • Terraced
    • The average price is around £98,036 median price is £91,500 Standard Deviation is £49,283 with Total Sold: 136
    • The Last 5 Year average price is £131,667 with Total Sold: 27
    • 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 SILVER STREET: £36,000 (Sold on 24 May 1996)
  • Flat
    • The average price is around £69,375 median price is £69,000 Standard Deviation is £10,755 with Total Sold: 4
    • 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 , 10 THOMAS KITCHING WAY: £57,500 (Sold on 14 May 2007)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£257,1504
2023£379,000 £2,557 2
2022£264,172 £2,753 7
2021£335,994 £2,257 9
2020£254,360 £2,025 5
2019£207,893 £2,005 14
2018£179,905 £1,697 11
2017£238,812 £1,767 8
2016£157,297 £1,987 15
2015£130,500 £1,714 8
2014£166,418 £1,922 11
2013£129,845 £1,593 10
2012£109,570 £1,470 10
2011£112,375 £1,765 4
2010£143,146 £1,460 12
2009£139,143 £1,425 7
2008£159,500 £1,305 7
2007£197,604 £1,766 12
2006£151,480 £1,706 19
2005£147,983 £1,733 12
2004£125,557 £1,097 7
2003£107,750 £1,284 6
2002£94,612 £663 4
2001£60,933 £798 9
2000£72,300 £578 5
1999£48,036 £579 7
1998£46,862 £549 8
1997£45,500 £593 5
1996£51,325 £554 6
1995£38,167 £691 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£162,500 £2,432 2
2023£179,370 £2,439 5
2022£181,357 £2,346 7
2021£135,041 £1,962 12
2020£140,957 £1,833 7
2019£124,695 £1,741 10
2018£152,950 £1,562 10
2017£147,950 £1,468 5
2016£120,064 £1,501 7
2015£122,150 £1,553 10
2014£114,375 £1,547 4
2013£106,035 £1,454 8
2012£105,261 £1,568 11
2011£90,194 £1,392 9
2010£119,600 £1,892 6
2009£106,100 £1,442 5
2008£159,538 £1,540 5
2007£118,845 £1,640 6
2006£115,461 £1,643 14
2005£110,500 £1,544 8
2004£81,788 £1,259 12
2003£69,833 £1,021 3
2002£60,545 £841 10
2001£52,625 £441 4
2000£33,183 £467 5
1999£40,613 £478 4
1998£41,000 £473 3
1997£59,0001
1996£32,473 £581 5
1995£38,950 £660 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£45,6001
2023£75,0001
2022£263,075 £1,904 2
2021£165,0001
2019£318,500 £1,851 2
2018£260,0001
2017£136,421 £464 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,0001
2023£136,500 £1,756 8
2022£172,000 £2,291 4
2021£108,625 £1,840 4
2020£132,333 £1,884 6
2019£99,125 £1,708 4
2018£96,500 £1,365 6
2017£130,667 £1,739 6
2016£64,450 £1,168 5
2015£106,375 £1,470 4
2014£90,000 £1,227 3
2013£118,600 £1,192 5
2012£96,000 £1,847 2
2011£95,000 £1,493 1
2010£99,280 £1,404 5
2009£78,300 £1,106 5
2008£107,250 £1,788 6
2007£104,106 £1,570 9
2006£136,250 £1,444 8
2005£110,290 £1,631 10
2004£107,317 £1,302 3
2003£75,983 £1,213 3
2002£78,867 £772 6
2001£46,771 £568 7
2000£27,625 £324 4
1999£33,483 £354 3
1998£50,167 £599 3
1997£32,650 £475 3
1996£23,000 £372 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£82,000 £1,802 1
2009£78,000 £1,714 1
2007£58,750 £1,182 2

House Type in LN3 5BY area

The most common house types in the LN3 5BY postcode area are Semi-detached (64), Terraced (42), and Detached (36).

Total142
Semi-detached64
Terraced42
Detached36
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (46), and Social rented: Other social rented (42).

Owned: Owns outright46
Social rented: Other social rented42
Owned: Owns with a mortgage or loan34
Social rented: Rents from council or Local Authority10
Private rented: Private landlord or letting agency6
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LN3 5BY have 1 person in household (55), and 2 people in household (47).

1 person in household55
2 people in household47
3 people in household17
4 people in household17
5 people in household3
6 people in household3
7 people in household1
0 people in household0
8 or more people in household0