Housing Market Analysis for MELVILLE CLOSE, LN4 1UB

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £253,583 median price is £295,000 Standard Deviation is £121,642 with Total Sold: 6
    • The Last 5 Year average price is £361,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 4 MELVILLE CLOSE: £340,000 (Sold on 24 Feb 2023)
    • The first recorded sale happened at this postcode is 2 MELVILLE CLOSE: £86,500 (Sold on 30 Jul 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LN4 1UB 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£340,0001
2021£400,0001
2020£345,000 £3,108 1
2011£250,000 £1,846 1
1997£100,000 £901 1
1996£86,500 £639 1

All the Sales in the MELVILLE CLOSE, LN4 1UB

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

AddressSold DatePrice% Change
4 MELVILLE CLOSEDetached, Freehold24 Feb 2023£340,000-15.00%
21 Jun 2021£400,000First Sale
3 MELVILLE CLOSEDetached, FreeholdArea: 111 Sq.mtrAge: 1976-198218 Dec 2020£345,000245.00%
19 Dec 1997£100,000First Sale
2 MELVILLE CLOSEDetached, FreeholdArea: 135.4 Sq.mtrAge: 1967-197514 Mar 2011£250,000189.02%
30 Jul 1996£86,500First Sale

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

MELVILLE CLOSE, LN4 1UB Near By properties

Interactive Map

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

  • Detached
    • The average price is around £194,887 median price is £178,250 Standard Deviation is £107,068 with Total Sold: 620
    • The Last 5 Year average price is £288,108 with Total Sold: 158
    • The most recent sale happened at this postcode is , 61 STATION ROAD: £480,000 (Sold on 25 Sep 2024)
    • The first recorded sale happened at this postcode is , 68 HEATHFIELD AVENUE: £60,000 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £135,812 median price is £129,000 Standard Deviation is £72,092 with Total Sold: 189
    • The Last 5 Year average price is £185,572 with Total Sold: 44
    • The most recent sale happened at this postcode is , 38 SLEAFORD ROAD: £170,000 (Sold on 09 Sep 2024)
    • The first recorded sale happened at this postcode is , 9 SILVER STREET: £48,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £134,239 median price is £133,000 Standard Deviation is £68,641 with Total Sold: 407
    • The Last 5 Year average price is £211,091 with Total Sold: 92
    • The most recent sale happened at this postcode is , 11 HIGH STREET: £260,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 17 BEECH ROAD: £61,000 (Sold on 18 Jan 1995)
  • Flat
    • The average price is around £141,222 median price is £168,500 Standard Deviation is £53,137 with Total Sold: 18
    • The Last 5 Year average price is £157,286 with Total Sold: 7
    • The most recent sale happened at this postcode is FLAT 1, HAINTON HOUSE CHURCH ROAD: £180,000 (Sold on 22 Jan 2024)
    • The first recorded sale happened at this postcode is FLAT 6, HAINTON HOUSE CHURCH ROAD: £170,000 (Sold on 19 Apr 2013)
  • Other
    • The average price is around £536,974 median price is £360,000 Standard Deviation is £541,493 with Total Sold: 13
    • The Last 5 Year average price is £348,768 with Total Sold: 8
    • The most recent sale happened at this postcode is , 7 LINCOLN ROAD: £15,500 (Sold on 21 Nov 2023)
    • The first recorded sale happened at this postcode is , 9 MEMORIAL GARDENS: £1,926,500 (Sold on 17 Sep 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£274,417 £1,075 6
2023£292,400 £3,511 15
2022£304,200 £3,042 10
2021£300,303 £2,628 41
2020£297,419 £2,522 34
2019£269,653 £2,683 52
2018£260,691 £2,381 40
2017£248,892 £2,383 24
2016£296,791 £2,201 15
2015£212,682 £1,990 19
2014£244,134 £1,859 19
2013£194,406 £1,863 16
2012£165,679 £2,103 14
2011£205,700 £2,123 10
2010£207,792 £1,923 12
2009£191,462 £1,557 20
2008£174,771 £1,342 12
2007£175,893 £2,098 15
2006£210,035 £1,492 20
2005£161,650 £1,708 19
2004£173,528 £1,783 16
2003£205,062 £1,570 16
2002£134,737 £1,058 19
2001£92,190 £823 25
2000£79,641 £749 29
1999£71,329 £654 12
1998£69,793 £661 15
1997£62,013 £671 19
1996£67,242 £587 33
1995£62,039 £681 23
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£177,500 £2,703 2
2023£189,250 £2,457 4
2022£198,606 £2,460 9
2021£199,000 £2,258 5
2020£178,950 £1,991 10
2019£177,229 £2,147 14
2018£200,384 £2,497 13
2017£179,993 £2,025 7
2016£157,675 £2,588 10
2015£170,875 £1,813 4
2014£140,000 £1,592 3
2013£130,500 £1,599 7
2012£166,000 £1,905 3
2011£103,000 £1,678 1
2010£145,917 £2,826 6
2009£136,911 £2,457 9
2008£118,419 £1,985 12
2007£154,375 £1,631 4
2006£166,162 £2,241 4
2005£140,921 £1,644 7
2004£116,280 £1,631 5
2003£113,167 £1,660 9
2002£74,5002
2001£71,140 £881 5
2000£51,667 £702 6
1999£42,412 £591 6
1998£39,333 £610 9
1997£54,629 £640 6
1996£52,0001
1995£40,575 £629 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£207,300 £3,225 5
2023£227,634 £2,927 12
2022£227,882 £2,792 17
2021£209,702 £2,265 12
2020£198,667 £2,319 23
2019£204,021 £2,326 23
2018£193,546 £2,405 21
2017£189,167 £2,138 12
2016£158,156 £2,025 17
2015£141,036 £1,892 11
2014£140,114 £1,859 9
2013£125,127 £1,808 11
2012£126,188 £1,653 8
2011£122,600 £1,651 10
2010£158,695 £1,624 10
2009£135,200 £2,136 11
2008£120,058 £1,594 6
2007£162,978 £1,758 18
2006£128,071 £1,805 7
2005£154,800 £1,531 10
2004£130,430 £1,561 15
2003£111,616 £1,327 17
2002£88,379 £1,086 12
2001£57,103 £788 19
2000£61,621 £731 14
1999£48,284 £675 15
1998£48,780 £587 15
1997£51,679 £687 17
1996£44,563 £585 19
1995£50,159 £447 11
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0001
2023£185,000 £1,088 1
2022£149,500 £2,492 2
2020£131,000 £1,559 2
2019£175,000 £1,029 1
2018£140,667 £2,026 3
2016£185,000 £1,609 1
2015£192,000 £1,548 1
2014£66,250 £1,412 4
2013£188,500 £1,757 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£162,6673
2022£267,5002
2020£660,066 £2,039 1
2019£553,540 £2,000 2
2018£46,0001
2017£739,341 £6,292 3
2016£1,926,500 £17,674 1

House Type in LN4 1UB area

The most common house types in the LN4 1UB postcode area are Detached (68), Semi-detached (33), and Terraced (33).

Total145
Detached68
Semi-detached33
Terraced33
Shared house7
converted building3
Flat1
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 (41).

Owned: Owns outright71
Owned: Owns with a mortgage or loan41
Private rented: Private landlord or letting agency30
Shared ownership: Shared ownership2
Social rented: Other social rented1
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 LN4 1UB have 2 people in household (72), and 1 person in household (47).

2 people in household72
1 person in household47
3 people in household14
4 people in household10
5 people in household2
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0