Housing Market Analysis for BACK LANE, LN3 5YE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £372,500 median price is £372,500 Standard Deviation is £102,500 with Total Sold: 2
    • The Last 5 Year average price is £475,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE SQUIRRELS BACK LANE: £475,000 (Sold on 31 Aug 2023)
    • The first recorded sale happened at this postcode is THE SQUIRRELS BACK LANE: £270,000 (Sold on 20 Mar 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average LN3 5YE 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
2023£475,000 £8,377 1
2015£270,000 £4,762 1

All the Sales in the BACK LANE, LN3 5YE

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

AddressSold DatePrice% Change
THE SQUIRRELS BACK LANEDetached, FreeholdArea: 56.7 Sq.mtrAge: 1950-196631 Aug 2023£475,00075.93%
20 Mar 2015£270,000First Sale

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

BACK LANE, LN3 5YE Near By properties

Interactive Map

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

  • Detached
    • The average price is around £191,612 median price is £175,475 Standard Deviation is £119,428 with Total Sold: 234
    • The Last 5 Year average price is £299,893 with Total Sold: 60
    • The most recent sale happened at this postcode is , 7 SILVER STREET: £181,600 (Sold on 15 Aug 2024)
    • The first recorded sale happened at this postcode is , 53 STATION ROAD: £120,000 (Sold on 25 Aug 1995)
  • Semi-Detached
    • The average price is around £112,025 median price is £114,998 Standard Deviation is £45,038 with Total Sold: 224
    • The Last 5 Year average price is £148,687 with Total Sold: 47
    • 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)
  • Other
    • The average price is around £179,809 median price is £176,150 Standard Deviation is £117,173 with Total Sold: 15
    • The Last 5 Year average price is £188,175 with Total Sold: 10
    • 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 £98,615 median price is £100,000 Standard Deviation is £44,535 with Total Sold: 148
    • The Last 5 Year average price is £127,552 with Total Sold: 29
    • 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 £57,091 median price is £57,500 Standard Deviation is £21,152 with Total Sold: 11
    • 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£296,3205
2023£364,667 £3,636 6
2022£333,841 £2,740 5
2021£335,877 £2,156 13
2020£265,819 £2,514 13
2019£268,483 £2,239 18
2018£240,558 £1,957 13
2017£258,364 £1,720 7
2016£173,529 £1,955 14
2015£183,488 £2,679 4
2014£186,704 £1,693 13
2013£172,505 £1,759 19
2012£128,644 £1,652 8
2011£205,000 £1,186 2
2010£157,429 £1,404 7
2009£152,500 £1,358 4
2008£143,5001
2007£178,161 £1,572 9
2006£168,154 £1,627 17
2005£156,428 £1,833 9
2004£181,1503
2003£105,885 £1,329 8
2002£89,743 £764 7
2001£82,483 £865 3
2000£75,167 £578 3
1999£52,250 £496 8
1998£69,690 £521 5
1997£57,750 £618 4
1996£53,2205
1995£120,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£163,7502
2023£177,612 £2,849 4
2022£179,500 £2,179 8
2021£136,911 £2,041 17
2020£122,483 £2,004 3
2019£139,954 £1,948 13
2018£145,859 £1,917 12
2017£165,600 £1,789 5
2016£122,150 £1,581 13
2015£125,250 £1,734 10
2014£117,202 £1,776 11
2013£111,324 £1,630 14
2012£123,024 £1,995 6
2011£94,201 £1,218 5
2010£113,428 £1,615 9
2009£117,100 £1,550 5
2008£146,995 £1,920 4
2007£103,470 £1,495 6
2006£117,650 £1,639 13
2005£138,167 £1,787 6
2004£86,659 £1,378 10
2003£99,071 £1,112 7
2002£53,190 £638 5
2001£53,962 £536 4
2000£50,500 £638 6
1999£43,462 £589 8
1998£48,4005
1997£55,000 £680 2
1996£33,498 £627 2
1995£38,272 £550 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£112,8002
2023£90,0001
2022£207,288 £1,323 4
2021£100,0001
2019£318,500 £1,851 2
2018£199,372 £3,373 3
2017£108,631 £355 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£150,0001
2023£136,667 £1,664 6
2022£117,062 £1,849 8
2021£122,100 £2,197 5
2020£141,000 £1,977 5
2019£119,250 £2,306 4
2018£104,751 £1,771 13
2017£119,250 £1,792 4
2016£83,338 £1,316 8
2015£112,500 £1,900 2
2014£118,769 £1,938 5
2013£114,500 £1,556 6
2012£99,482 £1,695 6
2011£95,000 £1,493 1
2010£108,300 £1,531 3
2009£77,929 £1,015 7
2008£102,857 £1,647 7
2007£104,106 £1,570 9
2006£130,278 £1,444 9
2005£116,322 £1,600 9
2004£101,650 £1,276 3
2003£72,950 £1,196 1
2002£67,208 £582 6
2001£47,690 £533 5
2000£18,267 £324 3
1999£39,950 £547 1
1998£42,900 £477 3
1997£26,238 £375 4
1996£24,500 £403 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£63,000 £1,395 2
2014£89,000 £1,254 1
2010£45,000 £1,010 1
2009£78,000 £1,714 1
2007£58,750 £1,182 2
2006£79,000 £1,113 1
2001£29,250 £401 2
1996£35,0001

House Type in LN3 5YE area

The most common house types in the LN3 5YE 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 5YE 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