Housing Market Analysis for FIVE MILE LANE, LN4 1AF

Are you looking to understand LN4 1AF 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 North Kesteven postcode.

For the location information and nearby amenities in the LN4 1AF area, explore the LN4 1AF Area information page.
For comprehensive crime statistics in the LN4 1AF area, explore the LN4 1AF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN4 1AF postcode area, The average prices are as follows,

  • Other
    • The average price is around £193,988 median price is £175,950 Standard Deviation is £122,809 with Total Sold: 8
    • The Last 5 Year average price is £410,000 with Total Sold: 1
    • The most recent sale happened at this postcode is GRUNDY FIVE MILE LANE: £410,000 (Sold on 13 May 2022)
    • The first recorded sale happened at this postcode is UNIT 2 FIVE MILE LANE: £247,500 (Sold on 05 Nov 2015)
  • Terraced
    • The average price is around £53,000 median price is £53,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 11 FIVE MILE LANE: £53,000 (Sold on 20 Aug 2008)
    • The first recorded sale happened at this postcode is UNIT 11 FIVE MILE LANE: £53,000 (Sold on 20 Aug 2008)
  • Detached
    • The average price is around £199,792 median price is £250,000 Standard Deviation is £123,356 with Total Sold: 3
    • The Last 5 Year average price is £319,375 with Total Sold: 1
    • The most recent sale happened at this postcode is CROFT VIEW FIVE MILE LANE: £250,000 (Sold on 08 Jun 2007)
    • The first recorded sale happened at this postcode is 4 FIVE MILE LANE: £319,375 (Sold on 08 May 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average LN4 1AF 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£410,0001
2018£175,0004
2017£90,0001
2016£104,4001
2015£247,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£53,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£250,0001
2002£30,0001
2024£319,3751

All the Sales in the FIVE MILE LANE, LN4 1AF

See the table below for more details on the sold house prices in the LN4 1AF, North Kesteven postcode.

AddressSold DatePrice% Change
GRUNDY FIVE MILE LANEOther, Freehold13 May 2022£410,000First Sale
UNIT 2 FIVE MILE LANEOther, Freehold19 Oct 2018£285,0000.0
19 Oct 2018£285,00015.15%
05 Nov 2015£247,500First Sale
PLOT 26, FIVE MILE BUSINESS PARK FIVE MILE LANEOther, Freehold14 Sep 2018£30,000First Sale
PLOT 20, FIVE MILE BUSINESS PARK FIVE MILE LANEOther, Freehold14 Sep 2018£100,000First Sale
UNIT 8, FIVE MILE BUSINESS PARK FIVE MILE LANEOther, Freehold27 Jan 2017£90,000First Sale
UNIT 6, FIVE MILE BUSINESS PARK FIVE MILE LANEOther, Freehold16 Dec 2016£104,400First Sale
UNIT 11 FIVE MILE LANETerraced, Freehold20 Aug 2008£53,000First Sale
CROFT VIEW FIVE MILE LANEDetached, Freehold08 Jun 2007£250,000First Sale
MEADOW VIEW FIVE MILE LANEDetached, Freehold31 Jan 2002£30,000First Sale
4 FIVE MILE LANEDetached, Freehold08 May 2024£319,375First Sale

Check out the sold house prices near the LN4 1AF postcode. Properties currently for saleProperties currently for rent

FIVE MILE LANE, LN4 1AF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN4 1AF 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 LN4 1AF postcode.

  • Detached
    • The average price is around £184,896 median price is £197,500 Standard Deviation is £107,185 with Total Sold: 6
    • The Last 5 Year average price is £302,188 with Total Sold: 2
    • The most recent sale happened at this postcode is , 4 FIVE MILE LANE: £319,375 (Sold on 08 May 2024)
    • The first recorded sale happened at this postcode is , MEADOW VIEW FIVE MILE LANE: £30,000 (Sold on 31 Jan 2002)
  • Other
    • The average price is around £200,065 median price is £108,000 Standard Deviation is £159,235 with Total Sold: 17
    • The Last 5 Year average price is £493,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , GRUNDY FIVE MILE LANE: £410,000 (Sold on 13 May 2022)
    • The first recorded sale happened at this postcode is , UNIT 2 FIVE MILE LANE: £247,500 (Sold on 05 Nov 2015)
  • Terraced
    • The average price is around £53,000 median price is £53,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , UNIT 11 FIVE MILE LANE: £53,000 (Sold on 20 Aug 2008)
    • The first recorded sale happened at this postcode is , UNIT 11 FIVE MILE LANE: £53,000 (Sold on 20 Aug 2008)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£319,3751
2022£285,000 £1,484 1
2012£145,000 £1,436 1
2007£250,0001
2004£80,0001
2002£30,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£525,000 £2,909 2
2019£430,000 £1,955 1
2018£148,6676
2017£99,0004
2016£128,5333
2015£247,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£53,0001

House Type in LN4 1AF area

The most common house types in the LN4 1AF postcode area are Detached (105), Semi-detached (24), and Terraced (17).

Total147
Detached105
Semi-detached24
Terraced17
temporary structure1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (75), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright75
Owned: Owns with a mortgage or loan47
Private rented: Private landlord or letting agency13
Private rented: Other private rented8
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the LN4 1AF have 2 people in household (56), and 1 person in household (38).

2 people in household56
1 person in household38
3 people in household24
4 people in household17
5 people in household6
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0