Housing Market Analysis for REDHALL LANE, LN4 2LB

Are you looking to understand LN4 2LB 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 2LB area, explore the LN4 2LB Area information page.
For comprehensive crime statistics in the LN4 2LB area, explore the LN4 2LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN4 2LB postcode area, The average prices are as follows,

Detached
- The average price is around £213,794 median price is £194,975 Standard Deviation is £111,026 with Total Sold: 22
- The Last 5 Year average price is £430,000 with Total Sold: 2
- The most recent sale happened at this postcode is CHERRY TREE HOUSE, 29 REDHALL LANE: £495,000 (Sold on 30 Jan 2023)
- The first recorded sale happened at this postcode is 29 REDHALL LANE: £39,009 (Sold on 23 Jul 1996)
Semi-Detached
- The average price is around £84,750 median price is £84,750 Standard Deviation is £29,750 with Total Sold: 2
- The most recent sale happened at this postcode is 4 REDHALL LANE: £114,500 (Sold on 31 Jul 2002)
- The first recorded sale happened at this postcode is 4 REDHALL LANE: £55,000 (Sold on 12 Mar 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average LN4 2LB 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£495,000		1
2021	£365,000	£2,607	1
2018	£241,000	£2,133	1
2017	£329,000	£1,933	2
2016	£240,500	£2,586	1
2015	£150,000	£1,676	1
2014	£237,500	£1,691	2
2013	£370,000	£1,729	1
2012	£145,000	£1,620	1
2008	£208,000	£1,486	1
2007	£230,000		1
2006	£182,000	£1,368	1
2005	£152,500	£1,640	1
2003	£179,975	£1,449	2
2002	£130,000	£607	1
2000	£105,000	£665	2
1996	£45,754	£385	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2002	£114,500		1
1999	£55,000		1

All the Sales in the REDHALL LANE, LN4 2LB

See the table below for more details on the sold house prices in the LN4 2LB, North Kesteven postcode.

Address	Sold Date	Price	% Change
CHERRY TREE HOUSE, 29 REDHALL LANEDetached, Freehold	30 Jan 2023	£495,000	First Sale
21 REDHALL LANEDetached, FreeholdArea: 140 Sq.mtrAge: 1996-2002	27 Sep 2021	£365,000	75.48%
	20 Aug 2008	£208,000	First Sale
2 REDHALL LANEDetached, FreeholdArea: 113 Sq.mtrAge: 1983-1990	02 Feb 2018	£241,000	First Sale
8 REDHALL LANEDetached, FreeholdArea: 214 Sq.mtrAge: 1996-2002	04 Oct 2017	£380,000	2.70%
	06 Dec 2013	£370,000	184.62%
	04 Oct 2002	£130,000	First Sale
23 REDHALL LANEDetached, FreeholdArea: 133 Sq.mtrAge: 1950-1966	06 Jan 2017	£278,000	52.75%
	24 Aug 2006	£182,000	First Sale
27 REDHALL LANEDetached, FreeholdArea: 93 Sq.mtrAge: 1976-1982	31 Oct 2016	£240,500	26.58%
	03 Nov 2014	£190,000	24.59%
	01 Sep 2005	£152,500	First Sale
25 REDHALL LANEDetached, FreeholdArea: 89.49 Sq.mtrAge: 1950-1966	13 May 2015	£150,000	3.45%
	31 May 2012	£145,000	176.19%
	26 Sep 1996	£52,500	First Sale
29 REDHALL LANEDetached, FreeholdArea: 213 Sq.mtrAge: 1930-1949	07 Mar 2014	£285,000	280.00%
	14 Jul 2000	£75,000	92.26%
	23 Jul 1996	£39,009	First Sale
31 REDHALL LANEDetached, Freehold	23 Jan 2007	£230,000	43.75%
31 REDHALL LANEDetached, Freehold	24 Sep 2003	£160,000	First Sale
6 REDHALL LANEDetached, FreeholdArea: 138 Sq.mtrAge: 1996-2002	04 Mar 2003	£199,950	48.11%
	11 Jul 2000	£135,000	First Sale
4 REDHALL LANESemi-Detached, Freehold	31 Jul 2002	£114,500	108.18%
4 REDHALL LANESemi-Detached, Freehold	12 Mar 1999	£55,000	First Sale

Check out the sold house prices near the LN4 2LB postcode. Properties currently for saleProperties currently for rent

REDHALL LANE, LN4 2LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN4 2LB 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 2LB postcode.

Terraced
- The average price is around £144,177 median price is £113,500 Standard Deviation is £109,959 with Total Sold: 162
- The Last 5 Year average price is £236,733 with Total Sold: 29
- The most recent sale happened at this postcode is , 44C GRANTHAM ROAD: £200,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 51 GRANTHAM ROAD: £35,000 (Sold on 27 Jan 1995)
Flat
- The average price is around £129,605 median price is £130,000 Standard Deviation is £28,332 with Total Sold: 190
- The Last 5 Year average price is £153,715 with Total Sold: 37
- The most recent sale happened at this postcode is , 12 MINSTER COURT: £145,000 (Sold on 14 Aug 2024)
- The first recorded sale happened at this postcode is , 11 MINSTER COURT: £100,000 (Sold on 28 May 1999)
Detached
- The average price is around £158,172 median price is £144,500 Standard Deviation is £91,073 with Total Sold: 776
- The Last 5 Year average price is £279,127 with Total Sold: 104
- The most recent sale happened at this postcode is , 17 SLEAFORD ROAD: £188,000 (Sold on 01 Aug 2024)
- The first recorded sale happened at this postcode is , 38 RIDGE VIEW ROAD: £57,550 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £129,882 median price is £124,000 Standard Deviation is £70,924 with Total Sold: 295
- The Last 5 Year average price is £222,529 with Total Sold: 51
- The most recent sale happened at this postcode is , 7 RIPON CLOSE: £182,500 (Sold on 30 Jul 2024)
- The first recorded sale happened at this postcode is 1, OAKLEIGH PARK LANE: £58,500 (Sold on 03 Mar 1995)
Other
- The average price is around £363,546 median price is £250,001 Standard Deviation is £381,018 with Total Sold: 9
- The Last 5 Year average price is £403,989 with Total Sold: 8
- The most recent sale happened at this postcode is , JOHN BULL INN LONDON ROAD: £1,360,348 (Sold on 23 Jun 2023)
- The first recorded sale happened at this postcode is , 3 PARK LANE: £40,000 (Sold on 21 Mar 2018)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£228,500		3
2023	£150,250	£2,504	1
2022	£297,167	£2,134	6
2021	£210,000	£1,933	10
2020	£241,000	£1,844	7
2019	£229,750	£1,595	2
2018	£241,833	£1,683	12
2017	£192,625	£1,715	4
2016	£282,045	£1,895	11
2015	£190,917	£1,479	6
2014	£112,313	£1,625	5
2013	£120,817	£1,506	6
2012	£92,583	£1,145	3
2011	£119,333	£1,726	3
2010	£104,667	£1,213	3
2008	£110,833	£1,604	6
2007	£119,100	£1,492	5
2006	£108,455	£1,690	11
2005	£120,175	£1,627	10
2004	£92,083	£1,149	6
2003	£82,489	£1,031	5
2002	£57,209	£738	11
2001	£47,483	£732	6
2000	£74,815	£642	3
1999	£31,143	£521	6
1998	£34,000	£420	1
1997	£32,488	£412	4
1996	£34,000	£475	3
1995	£41,000	£438	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£145,000		1
2023	£156,667	£2,134	6
2022	£150,494	£2,214	9
2021	£167,857	£2,270	7
2020	£146,375	£2,164	8
2019	£150,333	£2,044	6
2018	£144,750	£2,104	10
2017	£144,490	£2,058	5
2016	£135,200	£1,959	15
2015	£148,357	£2,174	7
2014	£128,080	£1,814	15
2013	£117,722	£1,695	9
2012	£115,667	£1,814	3
2011	£123,375	£1,825	8
2010	£127,742	£1,853	6
2009	£131,667	£1,998	3
2008	£147,667	£2,051	3
2007	£142,949	£2,136	5
2006	£142,233	£2,097	6
2005	£119,454	£2,017	11
2004	£133,000	£1,900	1
2003	£129,238	£1,899	4
2002	£112,120	£1,626	10
2001	£94,823	£1,370	13
2000	£108,770	£1,546	10
1999	£89,806	£1,318	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£315,472	£2,083	9
2023	£394,045	£2,779	11
2022	£281,500	£2,819	21
2021	£275,025	£2,566	32
2020	£254,600	£2,416	17
2019	£201,068	£2,218	14
2018	£242,106	£2,368	17
2017	£240,478	£2,140	38
2016	£219,691	£2,123	39
2015	£173,779	£1,979	22
2014	£180,360	£1,790	26
2013	£198,125	£1,784	16
2012	£181,107	£1,690	22
2011	£168,168	£1,631	22
2010	£155,898	£1,495	21
2009	£161,714	£1,617	21
2008	£183,056	£1,688	17
2007	£168,907	£1,890	23
2006	£172,108	£1,673	26
2005	£144,800	£1,646	15
2004	£146,840	£1,657	34
2003	£141,857	£1,326	30
2002	£113,872	£1,051	33
2001	£90,076	£856	31
2000	£90,032	£770	51
1999	£82,221	£803	60
1998	£62,135	£764	17
1997	£69,915	£628	39
1996	£62,508	£620	38
1995	£52,032	£586	14

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£225,625	£2,589	4
2023	£251,857	£2,487	7
2022	£260,357	£2,429	14
2021	£206,400	£2,356	15
2020	£188,125	£2,056	4
2019	£170,000	£2,190	7
2018	£168,682	£1,957	11
2017	£182,654	£1,756	13
2016	£167,875	£1,906	16
2015	£152,300	£1,710	5
2014	£142,025	£1,792	10
2013	£135,636	£1,443	11
2012	£133,583	£1,408	6
2011	£157,333	£1,648	3
2010	£129,250	£1,314	6
2009	£125,580	£1,497	5
2008	£120,562	£1,686	8
2007	£134,800	£2,041	11
2006	£129,843	£1,633	15
2005	£116,196	£1,577	12
2004	£115,945	£1,544	11
2003	£116,440	£1,252	10
2002	£77,405	£964	22
2001	£53,761	£817	27
2000	£88,850	£759	10
1999	£48,702	£553	12
1998	£40,330	£435	10
1997	£40,967	£393	6
1996	£47,500		1
1995	£48,833	£338	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£1,360,348		1
2021	£415,000	£1,509	2
2020	£250,001		1
2019	£197,892	£1,906	4
2018	£40,000		1

House Type in LN4 2LB area

The most common house types in the LN4 2LB postcode area are Detached (132), Semi-detached (1), and Terraced (0).

Total	133
Detached	132
Semi-detached	1
Terraced	0
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (88), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright	88
Owned: Owns with a mortgage or loan	33
Private rented: Private landlord or letting agency	7
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 2LB have 2 people in household (61), and 1 person in household (44).

2 people in household	61
1 person in household	44
4 people in household	15
3 people in household	11
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0