Housing Market Analysis for MILL LANE, LN5 7QN

Are you looking to understand LN5 7QN 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 Lincoln postcode.

For the location information and nearby amenities in the LN5 7QN area, explore the LN5 7QN Area information page.
For comprehensive crime statistics in the LN5 7QN area, explore the LN5 7QN Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN5 7QN postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £113,667 median price is £118,000 Standard Deviation is £10,934 with Total Sold: 9
    • The Last 5 Year average price is £97,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 MILL LANE: £97,000 (Sold on 10 Dec 2019)
    • The first recorded sale happened at this postcode is 1 MILL LANE: £95,000 (Sold on 31 Oct 2003)
  • Semi-Detached
    • The average price is around £125,000 median price is £125,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 16 MILL LANE: £125,000 (Sold on 23 Jan 2009)
    • The first recorded sale happened at this postcode is 16 MILL LANE: £125,000 (Sold on 23 Jan 2009)
  • Detached
    • The average price is around £125,000 median price is £125,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 18 MILL LANE: £125,000 (Sold on 23 Jan 2009)
    • The first recorded sale happened at this postcode is 18 MILL LANE: £125,000 (Sold on 23 Jan 2009)
  • Flat
    • The average price is around £105,000 median price is £105,000 Standard Deviation is £0 with Total Sold: 4
    • The most recent sale happened at this postcode is 1A MILL LANE: £105,000 (Sold on 31 Oct 2008)
    • The first recorded sale happened at this postcode is 4A MILL LANE: £105,000 (Sold on 31 Oct 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average LN5 7QN 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£97,000 £1,311 1
2009£125,000 £1,505 3
2008£114,000 £1,992 4
2003£95,000 £969 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£125,000 £1,479 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£125,000 £1,408 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£105,000 £2,652 4

All the Sales in the MILL LANE, LN5 7QN

See the table below for more details on the sold house prices in the LN5 7QN, Lincoln postcode.

AddressSold DatePrice% Change
3 MILL LANETerraced, FreeholdArea: 74 Sq.mtrAge: before 190010 Dec 2019£97,000First Sale
12 MILL LANETerraced, FreeholdArea: 71 Sq.mtrAge: 2007 onwards23 Jan 2009£125,000First Sale
14 MILL LANETerraced, FreeholdArea: 96 Sq.mtrAge: 2007 onwards23 Jan 2009£125,000First Sale
16 MILL LANESemi-Detached, FreeholdArea: 84.5 Sq.mtrAge: 2007 onwards23 Jan 2009£125,000First Sale
10 MILL LANETerraced, FreeholdArea: 86 Sq.mtrAge: 2007 onwards23 Jan 2009£125,000First Sale
18 MILL LANEDetached, FreeholdArea: 88.78 Sq.mtrAge: 2007 onwards23 Jan 2009£125,000First Sale
1A MILL LANEFlat, Leasehold31 Oct 2008£105,000First Sale
3A MILL LANEFlat, Leasehold31 Oct 2008£105,000First Sale
2A MILL LANEFlat, LeaseholdArea: 39.6 Sq.mtr31 Oct 2008£105,000First Sale
4A MILL LANEFlat, Leasehold31 Oct 2008£105,000First Sale
11 MILL LANETerraced, FreeholdArea: 57 Sq.mtrAge: 2007-201128 Mar 2008£118,000First Sale
5 MILL LANETerraced, FreeholdArea: 57 Sq.mtrAge: 2007 onwards28 Mar 2008£118,000First Sale
9 MILL LANETerraced, FreeholdArea: 57 Sq.mtrAge: 2007 onwards28 Mar 2008£110,000First Sale
7 MILL LANETerraced, FreeholdArea: 58 Sq.mtrAge: 2007 onwards28 Mar 2008£110,000First Sale
1 MILL LANETerraced, FreeholdArea: 98 Sq.mtrAge: before 190031 Oct 2003£95,000First Sale

Check out the sold house prices near the LN5 7QN postcode. Properties currently for saleProperties currently for rent

MILL LANE, LN5 7QN Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN5 7QN 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 LN5 7QN postcode.

  • Terraced
    • The average price is around £82,272 median price is £83,000 Standard Deviation is £58,563 with Total Sold: 4,192
    • The Last 5 Year average price is £132,435 with Total Sold: 664
    • The most recent sale happened at this postcode is , 12 SHAKESPEARE STREET: £75,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 24 KIRKBY STREET: £20,050 (Sold on 04 Jan 1995)
  • Semi-Detached
    • The average price is around £94,907 median price is £92,000 Standard Deviation is £49,490 with Total Sold: 528
    • The Last 5 Year average price is £153,678 with Total Sold: 83
    • The most recent sale happened at this postcode is , 8 ST MATTHEWS CLOSE: £195,000 (Sold on 27 Aug 2024)
    • The first recorded sale happened at this postcode is , 8 RAILWAY PARK CLOSE: £43,750 (Sold on 24 Feb 1995)
  • Flat
    • The average price is around £109,395 median price is £104,950 Standard Deviation is £54,651 with Total Sold: 677
    • The Last 5 Year average price is £118,722 with Total Sold: 120
    • The most recent sale happened at this postcode is APARTMENT 7, MILL VIEW COURT VERNON STREET: £175,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is FLAT, 97 DIXON STREET: £26,000 (Sold on 26 Jul 1995)
  • Detached
    • The average price is around £130,015 median price is £113,500 Standard Deviation is £112,236 with Total Sold: 178
    • The Last 5 Year average price is £257,960 with Total Sold: 40
    • The most recent sale happened at this postcode is , 73 SMITH STREET: £140,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is , 18 MONSON STREET: £27,000 (Sold on 10 Feb 1995)
  • Other
    • The average price is around £543,659 median price is £177,500 Standard Deviation is £1,206,566 with Total Sold: 96
    • The Last 5 Year average price is £743,318 with Total Sold: 51
    • The most recent sale happened at this postcode is , 51 - 52 HIGH STREET: £375,000 (Sold on 07 May 2024)
    • The first recorded sale happened at this postcode is , SUPERSTORE DIXON STREET: £1,604,700 (Sold on 12 Aug 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£126,856 £1,727 51
2023£136,222 £1,694 119
2022£141,034 £1,755 140
2021£149,055 £1,800 127
2020£117,391 £1,487 88
2019£116,920 £1,487 139
2018£118,082 £1,475 125
2017£113,106 £1,415 140
2016£113,442 £1,451 141
2015£104,183 £1,355 125
2014£101,610 £1,394 119
2013£93,828 £1,197 80
2012£90,365 £1,141 79
2011£87,650 £1,062 104
2010£89,531 £1,109 80
2009£94,679 £1,171 59
2008£97,860 £1,308 89
2007£107,271 £1,327 171
2006£97,231 £1,294 207
2005£92,469 £1,200 130
2004£90,435 £1,177 191
2003£74,558 £958 238
2002£55,056 £707 260
2001£42,465 £541 235
2000£33,745 £454 189
1999£33,835 £429 201
1998£30,591 £387 154
1997£30,743 £387 147
1996£29,732 £395 140
1995£29,422 £369 124
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£146,000 £2,717 3
2023£180,624 £2,376 16
2022£144,487 £2,010 19
2021£158,861 £2,147 18
2020£133,643 £1,725 14
2019£150,115 £1,945 13
2018£137,057 £1,870 21
2017£129,545 £1,928 11
2016£133,385 £1,900 10
2015£122,270 £1,554 5
2014£111,929 £1,605 14
2013£99,333 £1,678 6
2012£96,104 £1,323 12
2011£98,397 £1,312 10
2010£103,550 £1,594 10
2009£107,122 £1,593 16
2008£112,868 £1,390 19
2007£124,080 £1,489 25
2006£120,320 £1,596 23
2005£110,093 £1,649 21
2004£93,812 £1,298 36
2003£85,530 £1,182 20
2002£59,602 £797 28
2001£49,642 £782 24
2000£43,588 £717 22
1999£42,280 £672 23
1998£40,015 £570 10
1997£46,065 £604 36
1996£41,860 £624 26
1995£41,491 £416 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£149,786 £1,966 7
2023£115,761 £1,732 21
2022£117,413 £1,726 38
2021£111,072 £1,917 34
2020£100,938 £1,759 8
2019£143,458 £1,812 12
2018£126,646 £1,793 24
2017£79,828 £1,965 61
2016£114,230 £1,749 15
2015£169,074 £1,573 50
2014£91,694 £1,561 18
2013£97,938 £1,406 13
2012£93,641 £1,559 17
2011£85,875 £1,245 4
2010£76,167 £1,468 9
2009£94,021 £1,891 6
2008£98,061 £1,692 28
2007£137,932 £2,042 85
2006£121,246 £1,946 106
2005£124,313 £1,479 19
2004£98,625 £1,415 16
2003£65,991 £1,095 12
2002£82,500 £1,020 10
2001£47,942 £731 13
2000£48,619 £740 21
1999£36,416 £516 11
1998£20,000 £345 1
1997£41,525 £449 6
1996£38,417 £456 6
1995£34,292 £441 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£140,0001
2023£257,075 £3,043 19
2022£481,998 £2,277 5
2021£181,667 £2,380 6
2020£216,250 £1,742 4
2019£185,800 £2,520 5
2018£185,333 £2,153 3
2017£133,975 £2,135 2
2016£148,500 £2,339 2
2015£159,950 £2,463 1
2014£138,000 £1,693 6
2012£117,200 £1,759 5
2011£90,000 £2,093 1
2010£101,475 £1,637 2
2009£142,999 £1,328 6
2008£138,667 £2,079 3
2007£123,093 £1,762 7
2006£137,408 £1,800 6
2005£152,988 £2,052 4
2004£139,869 £1,672 8
2003£103,733 £1,709 6
2002£101,662 £1,020 13
2001£65,577 £790 14
2000£55,519 £865 13
1999£45,243 £700 7
1998£33,612 £878 4
1997£44,579 £636 12
1996£49,660 £758 5
1995£40,894 £611 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£270,833 £2,524 6
2023£472,147 £2,540 9
2022£165,375 £2,926 8
2021£408,455 £5,255 11
2020£261,250 £3,023 4
2019£1,936,452 £6,079 13
2018£374,291 £2,100 17
2017£324,136 £3,350 12
2016£135,667 £6,521 6
2015£212,8085
2014£148,900 £1,432 3
2013£852,350 £1,429 2

House Type in LN5 7QN area

The most common house types in the LN5 7QN postcode area are Flat (67), converted building (28), and Semi-detached (10).

Total120
Flat67
converted building28
Semi-detached10
Terraced7
Detached6
Shared house1
commercial building1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (56), and Private rented: Private landlord or letting agency (38).

Social rented: Rents from council or Local Authority56
Private rented: Private landlord or letting agency38
Owned: Owns with a mortgage or loan9
Owned: Owns outright8
Social rented: Other social rented4
Lives rent free4
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the LN5 7QN have 1 person in household (75), and 2 people in household (36).

1 person in household75
2 people in household36
3 people in household5
4 people in household2
5 people in household1
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0