Housing Market Analysis for WELLS CLOSE, LN4 1SN

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £90,714 median price is £74,500 Standard Deviation is £36,804 with Total Sold: 7
    • The most recent sale happened at this postcode is 2 WELLS CLOSE: £145,000 (Sold on 26 Apr 2013)
    • The first recorded sale happened at this postcode is 3 WELLS CLOSE: £62,000 (Sold on 24 Jul 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LN4 1SN 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
2013£146,000 £1,613 2
2001£78,750 £804 2
2000£74,5001
1998£49,000 £583 1
1997£62,0001

All the Sales in the WELLS CLOSE, LN4 1SN

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

AddressSold DatePrice% Change
2 WELLS CLOSEDetached, FreeholdArea: 84 Sq.mtrAge: 1983-199026 Apr 2013£145,000114.81%
06 Jul 2001£67,50037.76%
13 Feb 1998£49,000First Sale
1 WELLS CLOSEDetached, FreeholdArea: 98 Sq.mtrAge: 1976-198215 Feb 2013£147,000First Sale
8 WELLS CLOSEDetached, Freehold20 Jul 2001£90,00020.81%
27 Apr 2000£74,500First Sale
3 WELLS CLOSEDetached, Freehold24 Jul 1997£62,000First Sale

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

WELLS CLOSE, LN4 1SN Near By properties

Interactive Map

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

  • Detached
    • The average price is around £147,421 median price is £145,000 Standard Deviation is £82,437 with Total Sold: 831
    • The Last 5 Year average price is £262,688 with Total Sold: 121
    • The most recent sale happened at this postcode is , 6 DURHAM CRESCENT: £253,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 13 BECKET CLOSE: £72,950 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £111,437 median price is £112,500 Standard Deviation is £58,847 with Total Sold: 199
    • The Last 5 Year average price is £207,956 with Total Sold: 24
    • The most recent sale happened at this postcode is , 88 CANTERBURY DRIVE: £160,000 (Sold on 22 Jul 2024)
    • The first recorded sale happened at this postcode is , 10 CRANBOURNE MEWS: £52,000 (Sold on 18 Jan 1995)
  • Other
    • The average price is around £161,333 median price is £117,000 Standard Deviation is £67,707 with Total Sold: 3
    • The Last 5 Year average price is £113,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 11 CHESTER CLOSE: £117,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 23 PARK CRESCENT: £257,000 (Sold on 07 Jul 2017)
  • Terraced
    • The average price is around £101,638 median price is £101,500 Standard Deviation is £50,193 with Total Sold: 108
    • The Last 5 Year average price is £167,353 with Total Sold: 17
    • The most recent sale happened at this postcode is , 19 DURHAM CRESCENT: £190,000 (Sold on 17 Nov 2023)
    • The first recorded sale happened at this postcode is , 64 MALVERN AVENUE: £40,000 (Sold on 27 Sep 1996)
  • Flat
    • The average price is around £79,723 median price is £64,450 Standard Deviation is £20,909 with Total Sold: 15
    • The Last 5 Year average price is £107,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 29 CHESTER CLOSE: £110,000 (Sold on 21 Oct 2021)
    • The first recorded sale happened at this postcode is , 22 CHESTER CLOSE: £54,950 (Sold on 18 Dec 2001)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£272,364 £2,529 11
2023£284,912 £2,661 17
2022£302,500 £2,856 21
2021£260,204 £2,575 25
2020£253,947 £2,336 15
2019£227,467 £2,274 32
2018£205,322 £2,044 20
2017£215,564 £2,134 36
2016£203,050 £1,934 32
2015£185,775 £1,923 34
2014£184,782 £1,723 28
2013£161,889 £1,645 27
2012£149,558 £1,624 25
2011£147,386 £1,457 18
2010£162,611 £1,722 9
2009£146,079 £1,565 14
2008£167,119 £1,618 16
2007£167,991 £1,712 25
2006£160,208 £1,514 38
2005£168,677 £1,622 28
2004£146,750 £1,520 29
2003£141,035 £1,379 27
2002£98,381 £910 37
2001£79,162 £752 39
2000£72,508 £607 25
1999£68,924 £612 39
1998£62,485 £626 41
1997£56,939 £556 53
1996£58,066 £538 41
1995£57,198 £652 29
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£176,9982
2023£219,975 £2,821 2
2022£198,100 £2,557 5
2021£242,750 £3,014 4
2020£190,400 £2,666 5
2019£213,917 £2,380 6
2018£190,000 £2,311 5
2017£154,908 £2,112 6
2016£161,667 £1,677 3
2015£141,680 £1,575 5
2014£109,000 £1,580 2
2013£125,500 £1,390 5
2012£126,490 £1,635 10
2011£119,833 £1,808 9
2010£111,167 £1,984 3
2009£135,500 £1,676 4
2008£128,900 £1,561 5
2007£139,246 £1,425 12
2006£130,500 £1,709 14
2005£122,800 £1,557 5
2004£123,707 £1,486 7
2003£66,537 £1,568 7
2002£69,600 £982 5
2001£62,828 £869 9
2000£59,063 £745 16
1999£51,283 £705 12
1998£51,395 £570 10
1997£45,690 £632 5
1996£47,173 £508 11
1995£44,900 £449 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£117,0001
2019£110,000 £1,549 1
2017£257,000 £4,431 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£225,667 £2,306 3
2022£195,000 £2,457 3
2021£140,500 £1,795 3
2020£140,250 £1,739 6
2019£160,000 £1,687 2
2018£136,833 £1,653 3
2017£122,000 £1,809 3
2016£143,300 £1,960 2
2015£124,875 £1,747 4
2014£108,890 £1,429 5
2013£115,722 £1,389 9
2012£114,500 £1,164 2
2011£120,000 £1,760 1
2010£119,250 £1,428 2
2009£106,500 £1,295 5
2008£130,000 £1,912 1
2007£140,183 £1,724 6
2006£58,000 £505 1
2005£124,0001
2004£89,988 £1,342 4
2003£88,934 £1,116 7
2002£62,538 £1,041 4
2001£57,343 £612 7
2000£49,331 £678 8
1999£43,388 £487 8
1998£39,500 £513 1
1997£44,738 £452 4
1996£38,667 £516 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£110,000 £1,803 1
2019£105,000 £1,909 1
2018£97,500 £1,510 1
2015£100,000 £1,639 1
2009£102,750 £1,674 1
2008£105,000 £1,827 1
2005£90,000 £1,566 1
2002£61,521 £1,020 7
2001£54,950 £901 1

House Type in LN4 1SN area

The most common house types in the LN4 1SN postcode area are Detached (105), Terraced (6), and Semi-detached (4).

Total115
Detached105
Terraced6
Semi-detached4
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 (71), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright71
Owned: Owns with a mortgage or loan34
Private rented: Private landlord or letting agency10
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the LN4 1SN have 2 people in household (58), and 1 person in household (21).

2 people in household58
1 person in household21
3 people in household17
4 people in household15
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0