Housing Market Analysis for ROYAL OAK LANE, LN4 1AX

Are you looking to understand LN4 1AX 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 1AX area, explore the LN4 1AX Area information page.
For comprehensive crime statistics in the LN4 1AX area, explore the LN4 1AX Crime Rates page.

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £315,000 median price is £315,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £315,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 ROYAL OAK LANE: £315,000 (Sold on 28 Jan 2021)
    • The first recorded sale happened at this postcode is 2 ROYAL OAK LANE: £315,000 (Sold on 28 Jan 2021)
  • Terraced
    • The average price is around £114,475 median price is £114,475 Standard Deviation is £22,475 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 ROYAL OAK LANE: £136,950 (Sold on 17 Apr 2003)
    • The first recorded sale happened at this postcode is 1 ROYAL OAK LANE: £92,000 (Sold on 31 May 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average LN4 1AX 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
2021£315,000 £2,788 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£136,9501
2002£92,0001

All the Sales in the ROYAL OAK LANE, LN4 1AX

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

AddressSold DatePrice% Change
2 ROYAL OAK LANESemi-Detached, FreeholdArea: 113 Sq.mtrAge: 1983-199028 Jan 2021£315,000First Sale
1 ROYAL OAK LANETerraced, Freehold17 Apr 2003£136,95048.86%
31 May 2002£92,000First Sale

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

ROYAL OAK LANE, LN4 1AX Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £115,841 median price is £121,000 Standard Deviation is £48,534 with Total Sold: 177
    • The Last 5 Year average price is £162,031 with Total Sold: 31
    • The most recent sale happened at this postcode is , 31 PITTS ROAD: £170,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 12 MAIN ROAD: £31,500 (Sold on 28 Feb 1995)
  • Detached
    • The average price is around £205,224 median price is £180,000 Standard Deviation is £130,443 with Total Sold: 454
    • The Last 5 Year average price is £313,068 with Total Sold: 91
    • The most recent sale happened at this postcode is , 8 NELSON DRIVE: £289,000 (Sold on 03 Sep 2024)
    • The first recorded sale happened at this postcode is , 1 OAK HILL: £66,500 (Sold on 24 Feb 1995)
  • Other
    • The average price is around £270,359 median price is £230,000 Standard Deviation is £198,106 with Total Sold: 18
    • The Last 5 Year average price is £410,833 with Total Sold: 6
    • The most recent sale happened at this postcode is , 16 MARJORIE CLOSE: £300,000 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , ROYAL OAK MAIN ROAD: £134,000 (Sold on 29 Oct 2013)
  • Semi-Detached
    • The average price is around £131,034 median price is £124,972 Standard Deviation is £83,511 with Total Sold: 136
    • The Last 5 Year average price is £222,307 with Total Sold: 22
    • The most recent sale happened at this postcode is , 4 MANOR ROAD: £175,000 (Sold on 24 Nov 2023)
    • The first recorded sale happened at this postcode is , 33 MAIN ROAD: £33,000 (Sold on 31 Mar 1995)
  • Flat
    • The average price is around £209,832 median price is £153,500 Standard Deviation is £100,497 with Total Sold: 3
    • The Last 5 Year average price is £252,250 with Total Sold: 2
    • The most recent sale happened at this postcode is , 2 BARN OWL WAY: £153,500 (Sold on 27 Sep 2022)
    • The first recorded sale happened at this postcode is , 2 BARN OWL WAY: £124,995 (Sold on 13 Apr 2006)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£183,3333
2023£182,000 £2,589 4
2022£160,590 £2,214 5
2021£156,292 £2,176 12
2020£152,900 £1,812 5
2019£151,000 £2,800 2
2018£152,300 £1,967 5
2017£143,250 £2,153 6
2016£153,095 £1,877 10
2015£131,056 £1,917 9
2014£132,800 £1,809 4
2013£111,717 £1,451 9
2012£117,110 £1,794 10
2011£190,000 £2,164 1
2010£120,143 £1,660 7
2009£98,857 £1,449 7
2008£99,167 £1,846 3
2007£107,750 £1,690 2
2006£143,356 £1,818 19
2005£126,569 £1,731 7
2004£88,970 £1,287 5
2003£85,823 £913 6
2002£62,671 £813 7
2001£49,499 £709 8
2000£39,000 £563 4
1999£34,833 £645 3
1998£41,525 £591 4
1996£43,550 £462 4
1995£33,458 £591 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£272,444 £2,971 9
2023£335,996 £2,826 12
2022£455,269 £2,536 13
2021£308,697 £2,423 19
2020£282,310 £2,482 21
2019£252,529 £2,241 17
2018£310,760 £2,202 10
2017£255,158 £2,380 12
2016£279,753 £1,873 18
2015£222,558 £1,915 25
2014£235,621 £1,837 12
2013£204,929 £1,465 14
2012£213,619 £1,700 16
2011£155,292 £1,456 12
2010£224,545 £1,646 10
2009£224,000 £1,770 6
2008£205,395 £1,599 11
2007£200,599 £1,741 20
2006£196,274 £1,584 34
2005£208,548 £1,700 20
2004£179,612 £1,904 13
2003£167,824 £1,237 12
2002£140,817 £1,129 18
2001£139,656 £855 18
2000£114,871 £779 12
1999£84,667 £724 9
1998£89,203 £650 15
1997£69,015 £602 16
1996£82,925 £652 16
1995£65,982 £598 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£302,5002
2023£700,000 £4,257 2
2019£230,000 £3,644 2
2018£203,333 £2,386 3
2017£185,491 £3,109 5
2016£140,000 £1,593 2
2015£450,000 £3,169 1
2013£134,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£192,500 £2,614 2
2022£181,500 £2,625 4
2021£241,179 £2,304 7
2020£227,800 £2,270 5
2019£238,125 £2,392 4
2018£133,250 £1,837 4
2017£245,500 £2,254 4
2016£151,350 £2,200 5
2015£187,500 £1,866 4
2014£191,317 £1,918 3
2013£136,100 £1,803 5
2012£156,750 £2,044 4
2011£112,738 £1,542 4
2010£159,375 £1,221 4
2009£99,950 £1,857 1
2008£140,581 £1,388 8
2007£123,475 £1,593 2
2006£154,863 £1,779 10
2005£145,250 £2,009 4
2004£117,057 £1,455 7
2003£76,004 £1,121 12
2002£77,462 £1,031 4
2001£42,833 £614 3
2000£52,790 £667 5
1999£48,343 £409 7
1998£42,000 £515 2
1997£42,975 £627 4
1996£29,5003
1995£44,100 £714 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£252,250 £2,373 2
2006£124,995 £1,984 1

House Type in LN4 1AX area

The most common house types in the LN4 1AX postcode area are Detached (55), Semi-detached (47), and Terraced (29).

Total135
Detached55
Semi-detached47
Terraced29
Flat2
Shared house1
converted building1
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 (44).

Owned: Owns outright59
Owned: Owns with a mortgage or loan44
Private rented: Private landlord or letting agency24
Social rented: Rents from council or Local Authority4
Private rented: Other private rented3
Shared ownership: Shared ownership2
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the LN4 1AX have 2 people in household (51), and 1 person in household (40).

2 people in household51
1 person in household40
3 people in household23
4 people in household13
5 people in household6
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0