Housing Market Analysis for MILL LANE, LN4 1RQ

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

Overview of Sold House prices

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

Flat
- The average price is around £72,200 median price is £75,000 Standard Deviation is £13,415 with Total Sold: 10
- The Last 5 Year average price is £77,500 with Total Sold: 4
- The most recent sale happened at this postcode is 1, EAST MILL COURT MILL LANE: £80,000 (Sold on 28 Oct 2020)
- The first recorded sale happened at this postcode is 8, EAST MILL COURT MILL LANE: £56,000 (Sold on 10 Dec 2002)
Detached
- The average price is around £201,384 median price is £173,500 Standard Deviation is £117,635 with Total Sold: 8
- The Last 5 Year average price is £252,500 with Total Sold: 2
- The most recent sale happened at this postcode is MULBERRY HOUSE MILL LANE: £305,000 (Sold on 11 Aug 2020)
- The first recorded sale happened at this postcode is SHAWMUT MILL LANE: £99,950 (Sold on 14 Jul 1995)
Semi-Detached
- The average price is around £113,667 median price is £141,000 Standard Deviation is £48,890 with Total Sold: 3
- The most recent sale happened at this postcode is 1, MILL COTTAGES MILL LANE: £155,000 (Sold on 10 Oct 2014)
- The first recorded sale happened at this postcode is 2, MILL COTTAGES MILL LANE: £45,000 (Sold on 31 Jan 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LN4 1RQ 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£80,000	£800	1
2019	£76,667	£834	3
2017	£82,000	£1,547	1
2015	£75,000	£956	1
2014	£67,000	£948	2
2006	£65,000	£756	1
2002	£56,000	£1,057	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£252,500	£2,328	2
2014	£182,000	£1,916	1
2013	£456,625	£1,798	1
2010	£138,500		1
2003	£165,000		1
1998	£64,000		1
1995	£99,950	£719	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£155,000	£2,385	1
2012	£141,000		1
1996	£45,000		1

All the Sales in the MILL LANE, LN4 1RQ

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

Address	Sold Date	Price	% Change
1, EAST MILL COURT MILL LANEFlat, LeaseholdArea: 100 Sq.mtrAge: 1967-1975	28 Oct 2020	£80,000	First Sale
MULBERRY HOUSE MILL LANEDetached, FreeholdArea: 131 Sq.mtrAge: 1967-1975	11 Aug 2020	£305,000	First Sale
MILLSTONE COTTAGE MILL LANEDetached, Freehold	29 May 2020	£200,000	First Sale
6, EAST MILL COURT MILL LANEFlat, LeaseholdArea: 106 Sq.mtrAge: 1967-1975	22 Aug 2019	£75,000	First Sale
4, EAST MILL COURT MILL LANEFlat, LeaseholdArea: 79 Sq.mtrAge: 1967-1975	04 Mar 2019	£62,000	First Sale
2, EAST MILL COURT MILL LANEFlat, LeaseholdArea: 92 Sq.mtrAge: 1950-1966	16 Jan 2019	£93,000	8.14%
	13 Mar 2014	£86,000	First Sale
8, EAST MILL COURT MILL LANEFlat, LeaseholdArea: 53 Sq.mtrAge: 1950-1966	28 Jun 2017	£82,000	46.43%
	10 Dec 2002	£56,000	First Sale
5, EAST MILL COURT MILL LANEFlat, LeaseholdArea: 78.44 Sq.mtrAge: 1950-1966	07 Aug 2015	£75,000	First Sale
1, MILL COTTAGES MILL LANESemi-Detached, FreeholdArea: 65 Sq.mtrAge: before 1900	10 Oct 2014	£155,000	First Sale
7, EAST MILL COURT MILL LANEFlat, LeaseholdArea: 49.98 Sq.mtrAge: 1950-1966	07 Mar 2014	£48,000	First Sale
STONELEIGH MILL LANEDetached, FreeholdArea: 95 Sq.mtrAge: 1967-1975	28 Feb 2014	£182,000	First Sale
THE HERMITAGE MILL LANEDetached, FreeholdArea: 254 Sq.mtrAge: before 1900	05 Dec 2013	£456,625	First Sale
THE NOOK MILL LANESemi-Detached, Freehold	10 Jul 2012	£141,000	1.81%
THE NOOK MILL LANESemi-Detached, Freehold	19 Nov 2010	£138,500	First Sale
3, EAST MILL COURT MILL LANEFlat, LeaseholdArea: 86 Sq.mtrAge: 1950-1966	14 Sep 2006	£65,000	First Sale
3, MILL COTTAGES MILL LANEDetached, Freehold	12 Jun 2003	£165,000	157.81%
3, MILL COTTAGES MILL LANEDetached, Freehold	13 Mar 1998	£64,000	First Sale
2, MILL COTTAGES MILL LANESemi-Detached, Freehold	31 Jan 1996	£45,000	First Sale
SHAWMUT MILL LANEDetached, FreeholdArea: 139 Sq.mtrAge: 1950-1966	14 Jul 1995	£99,950	First Sale

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

MILL LANE, LN4 1RQ Near By properties

Interactive Map

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

Detached
- The average price is around £178,706 median price is £154,000 Standard Deviation is £119,462 with Total Sold: 893
- The Last 5 Year average price is £315,564 with Total Sold: 137
- The most recent sale happened at this postcode is , 12 LINDRICK CLOSE: £343,000 (Sold on 03 Sep 2024)
- The first recorded sale happened at this postcode is , 26 MILLSTREAM ROAD: £52,000 (Sold on 20 Jan 1995)
Semi-Detached
- The average price is around £110,123 median price is £107,000 Standard Deviation is £63,056 with Total Sold: 330
- The Last 5 Year average price is £196,949 with Total Sold: 41
- The most recent sale happened at this postcode is , 3 STEVENSON CLOSE: £221,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 22 DANIEL CRESCENT: £41,000 (Sold on 28 Feb 1995)
Terraced
- The average price is around £97,814 median price is £101,750 Standard Deviation is £46,714 with Total Sold: 136
- The Last 5 Year average price is £167,474 with Total Sold: 19
- The most recent sale happened at this postcode is , 13 BURGHLEY SQUARE: £165,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is , 5 BURGHLEY SQUARE: £35,450 (Sold on 11 Jul 1996)
Other
- The average price is around £375,714 median price is £315,000 Standard Deviation is £284,284 with Total Sold: 7
- The Last 5 Year average price is £538,750 with Total Sold: 4
- The most recent sale happened at this postcode is , MANOR FARM, 54 HIGH STREET: £875,000 (Sold on 18 Aug 2022)
- The first recorded sale happened at this postcode is , LITTLE VIEW HOUSE STATION ROAD: £100,000 (Sold on 12 Feb 2016)
Flat
- The average price is around £71,224 median price is £75,000 Standard Deviation is £16,380 with Total Sold: 16
- The Last 5 Year average price is £77,500 with Total Sold: 4
- The most recent sale happened at this postcode is 1, EAST MILL COURT MILL LANE: £80,000 (Sold on 28 Oct 2020)
- The first recorded sale happened at this postcode is , 2 HARRINGTON SQUARE: £42,250 (Sold on 29 Jun 1999)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£362,500	£3,185	6
2023	£307,256	£2,963	26
2022	£367,132	£2,784	19
2021	£333,257	£2,772	29
2020	£328,098	£2,335	25
2019	£257,069	£2,405	32
2018	£312,159	£2,532	22
2017	£233,084	£2,128	28
2016	£268,739	£1,928	26
2015	£245,548	£2,097	31
2014	£241,289	£1,872	27
2013	£207,332	£1,729	26
2012	£197,591	£1,770	16
2011	£205,925	£1,832	19
2010	£196,174	£1,680	18
2009	£181,422	£1,673	21
2008	£189,119	£1,846	16
2007	£216,064	£1,672	29
2006	£168,856	£1,550	35
2005	£193,661	£1,587	28
2004	£183,190	£1,597	26
2003	£151,915	£1,365	37
2002	£123,658	£1,068	38
2001	£105,058	£879	46
2000	£102,810	£764	34
1999	£88,658	£708	52
1998	£73,536	£699	58
1997	£72,639	£636	57
1996	£71,474	£515	31
1995	£79,191	£763	35

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£214,249		4
2023	£184,983	£2,989	3
2022	£228,875	£3,066	4
2021	£194,750	£2,602	14
2020	£156,600	£2,672	5
2019	£203,450	£2,351	11
2018	£256,500	£3,139	3
2017	£152,329	£2,091	12
2016	£146,568	£2,172	9
2015	£160,500	£1,757	5
2014	£125,825	£1,955	6
2013	£121,279	£1,616	7
2012	£135,885	£1,738	14
2011	£133,761	£1,768	13
2010	£129,295	£1,892	10
2009	£134,875	£1,655	6
2008	£150,000		1
2007	£133,182	£1,678	17
2006	£118,794	£1,725	17
2005	£122,033	£1,775	12
2004	£108,381	£1,714	13
2003	£103,154	£1,430	14
2002	£85,939	£1,105	18
2001	£68,594	£940	13
2000	£57,981	£745	22
1999	£53,976	£720	19
1998	£49,679	£598	19
1997	£44,015	£664	23
1996	£47,725	£555	10
1995	£45,790	£1,557	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£165,000		1
2023	£192,500	£2,708	3
2022	£200,000	£3,077	1
2021	£179,400	£2,405	5
2020	£202,750	£2,367	2
2019	£133,857	£2,118	7
2018	£147,000	£1,944	3
2017	£118,000	£1,920	4
2016	£133,850	£2,115	3
2015	£121,250	£1,861	2
2014	£108,742	£1,697	6
2013	£126,643	£1,606	7
2012	£115,500	£1,547	3
2011	£124,050	£1,779	2
2010	£104,000	£1,655	2
2009	£103,000	£1,728	1
2008	£130,000	£1,912	1
2007	£119,667	£2,030	6
2006	£110,812	£1,936	8
2005	£107,900	£1,659	5
2004	£92,612	£1,476	8
2003	£88,906	£1,328	8
2002	£67,850	£1,031	4
2001	£57,767	£867	12
2000	£49,289	£689	9
1999	£47,371	£737	7
1998	£43,210	£718	5
1997	£40,583	£669	6
1996	£38,720	£636	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£875,000		1
2021	£150,000	£2,778	1
2019	£565,000	£2,567	2
2016	£158,333		3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£80,000	£800	1
2019	£76,667	£834	3
2017	£82,000	£1,547	1
2015	£75,000	£956	1
2014	£67,000	£948	2
2006	£65,000	£756	1
2005	£92,498	£1,360	2
2003	£81,450	£1,198	1
2002	£57,946	£1,057	2
2001	£49,000	£721	1
1999	£42,250	£621	1

House Type in LN4 1RQ area

The most common house types in the LN4 1RQ postcode area are Detached (78), Semi-detached (33), and Terraced (25).

Total	146
Detached	78
Semi-detached	33
Terraced	25
commercial building	4
Flat	3
converted building	3
Shared house	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (62), and Owned: Owns with a mortgage or loan (50).

Owned: Owns outright	62
Owned: Owns with a mortgage or loan	50
Private rented: Private landlord or letting agency	25
Private rented: Other private rented	6
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LN4 1RQ have 2 people in household (51), and 1 person in household (44).

2 people in household	51
1 person in household	44
4 people in household	21
3 people in household	20
5 people in household	6
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0