Housing Market Analysis for VERNON STREET, LN5 7QR

Are you looking to understand LN5 7QR 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 7QR area, explore the LN5 7QR Area information page.
For comprehensive crime statistics in the LN5 7QR area, explore the LN5 7QR Crime Rates page.

Overview of Sold House prices

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

Terraced
- The average price is around £98,099 median price is £103,333 Standard Deviation is £42,325 with Total Sold: 33
- The Last 5 Year average price is £145,057 with Total Sold: 7
- The most recent sale happened at this postcode is 30 VERNON STREET: £157,000 (Sold on 25 Aug 2023)
- The first recorded sale happened at this postcode is 18 VERNON STREET: £30,000 (Sold on 29 Nov 1996)
Detached
- The average price is around £248,750 median price is £248,750 Standard Deviation is £16,250 with Total Sold: 2
- The most recent sale happened at this postcode is 44 VERNON STREET: £265,000 (Sold on 18 May 2005)
- The first recorded sale happened at this postcode is 44 VERNON STREET: £232,500 (Sold on 28 Apr 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average LN5 7QR 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£171,000	£1,981	2
2022	£175,000	£1,923	1
2021	£120,000	£674	1
2020	£147,500	£1,756	1
2019	£115,450	£1,160	2
2017	£154,950	£1,913	1
2016	£129,950	£1,604	1
2015	£106,833	£1,214	3
2013	£106,261	£1,255	3
2012	£111,000	£1,370	1
2011	£68,500	£846	1
2010	£109,950	£678	1
2007	£92,800	£1,100	5
2006	£77,000	£1,055	1
2004	£127,000	£1,210	1
2003	£57,000	£487	1
2002	£53,750	£508	2
2000	£31,750	£378	1
1999	£38,000	£445	2
1998	£38,000	£362	1
1996	£30,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2005	£265,000		1
2004	£232,500		1

All the Sales in the VERNON STREET, LN5 7QR

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

Address	Sold Date	Price	% Change
30 VERNON STREETTerraced, FreeholdArea: 105 Sq.mtrAge: 1900-1929	25 Aug 2023	£157,000	23.62%
	23 Apr 2004	£127,000	234.21%
	29 May 1998	£38,000	First Sale
20 VERNON STREETTerraced, FreeholdArea: 75 Sq.mtrAge: 1900-1929	13 Jun 2023	£185,000	105.56%
	25 Sep 2015	£90,000	-7.22%
	05 Oct 2007	£97,000	218.03%
	02 Sep 1999	£30,500	First Sale
34 VERNON STREETTerraced, FreeholdArea: 91 Sq.mtrAge: 1900-1929	22 Jun 2022	£175,000	207.02%
	31 Jan 2003	£57,000	First Sale
36 VERNON STREETTerraced, FreeholdArea: 178 Sq.mtrAge: 1900-1929	10 Mar 2021	£120,000	100.00%
	13 Dec 2002	£60,000	First Sale
8 VERNON STREETTerraced, FreeholdArea: 84 Sq.mtrAge: 1900-1929	17 Jul 2020	£147,500	364.57%
	22 Oct 2000	£31,750	First Sale
12 VERNON STREETTerraced, FreeholdArea: 76 Sq.mtrAge: 1900-1929	27 Sep 2019	£90,000	-16.67%
	26 Jan 2007	£108,000	First Sale
24 VERNON STREETTerraced, FreeholdArea: 124 Sq.mtrAge: before 1900	10 Jun 2019	£140,900	First Sale
22 VERNON STREETTerraced, FreeholdArea: 81 Sq.mtrAge: before 1900	09 Jun 2017	£154,950	19.24%
	08 Jan 2016	£129,950	17.07%
	24 Feb 2012	£111,000	62.04%
	24 Jun 2011	£68,500	First Sale
40 VERNON STREETTerraced, FreeholdArea: 94 Sq.mtrAge: 1900-1929	18 Dec 2015	£140,000	35.48%
	14 May 2013	£103,333	127.11%
	16 Dec 1999	£45,500	First Sale
42 VERNON STREETTerraced, FreeholdArea: 95 Sq.mtrAge: 1900-1929	09 Dec 2015	£90,500	88.54%
	10 Apr 2007	£48,000	First Sale
10 VERNON STREETTerraced, FreeholdArea: 73 Sq.mtrAge: 1900-1929	26 Apr 2013	£105,450	36.95%
	09 Jan 2006	£77,000	First Sale
6 VERNON STREETTerraced, FreeholdArea: 90.07 Sq.mtrAge: 1900-1929	14 Mar 2013	£110,000	First Sale
4 VERNON STREETTerraced, FreeholdArea: 162.08 Sq.mtrAge: before 1900	22 Jan 2010	£109,950	First Sale
28 VERNON STREETTerraced, Freehold	03 Sep 2007	£114,000	First Sale
14 VERNON STREETTerraced, FreeholdArea: 70 Sq.mtrAge: 1930-1949	29 Jun 2007	£97,000	104.21%
	19 Apr 2002	£47,500	First Sale
44 VERNON STREETDetached, Freehold	18 May 2005	£265,000	13.98%
44 VERNON STREETDetached, Freehold	28 Apr 2004	£232,500	First Sale
18 VERNON STREETTerraced, Freehold	29 Nov 1996	£30,000	First Sale

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

VERNON STREET, LN5 7QR Near By properties

Interactive Map

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

Terraced
- The average price is around £82,683 median price is £83,500 Standard Deviation is £59,197 with Total Sold: 4,017
- The Last 5 Year average price is £133,468 with Total Sold: 630
- 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 , 23 SIBTHORP STREET: £20,000 (Sold on 09 Jan 1995)
Semi-Detached
- The average price is around £93,820 median price is £91,500 Standard Deviation is £47,316 with Total Sold: 508
- The Last 5 Year average price is £154,717 with Total Sold: 76
- 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 £94,862 median price is £99,000 Standard Deviation is £37,144 with Total Sold: 655
- The Last 5 Year average price is £111,297 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 £132,866 median price is £117,750 Standard Deviation is £112,743 with Total Sold: 182
- The Last 5 Year average price is £262,571 with Total Sold: 41
- 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 £449,083 median price is £177,500 Standard Deviation is £809,899 with Total Sold: 98
- The Last 5 Year average price is £543,483 with Total Sold: 54
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£127,336	£1,683	48
2023	£137,270	£1,695	113
2022	£142,298	£1,760	132
2021	£151,735	£1,802	119
2020	£116,790	£1,480	86
2019	£118,010	£1,489	132
2018	£117,261	£1,462	119
2017	£114,017	£1,427	131
2016	£113,610	£1,444	143
2015	£103,620	£1,354	132
2014	£101,987	£1,405	111
2013	£94,676	£1,201	75
2012	£90,422	£1,133	79
2011	£88,294	£1,061	99
2010	£91,009	£1,125	79
2009	£94,367	£1,174	60
2008	£99,175	£1,316	80
2007	£107,748	£1,331	167
2006	£97,156	£1,292	200
2005	£92,962	£1,203	120
2004	£91,121	£1,181	175
2003	£74,965	£959	230
2002	£55,564	£704	240
2001	£42,723	£543	229
2000	£34,024	£457	181
1999	£34,071	£429	195
1998	£30,675	£389	146
1997	£31,050	£388	142
1996	£29,975	£397	130
1995	£29,610	£372	124

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£146,000	£2,717	3
2023	£184,732	£2,372	15
2022	£143,938	£1,988	16
2021	£160,147	£2,164	17
2020	£132,500	£1,701	13
2019	£150,125	£1,939	12
2018	£139,905	£1,881	19
2017	£130,300	£1,939	10
2016	£133,385	£1,900	10
2015	£115,558	£1,574	6
2014	£115,292	£1,599	12
2013	£99,333	£1,678	6
2012	£99,023	£1,354	11
2011	£95,097	£1,324	10
2010	£103,550	£1,594	10
2009	£108,197	£1,574	15
2008	£112,868	£1,390	19
2007	£109,410	£1,488	25
2006	£121,698	£1,640	22
2005	£110,093	£1,649	21
2004	£93,907	£1,296	35
2003	£85,137	£1,168	19
2002	£60,106	£797	27
2001	£48,204	£783	24
2000	£43,519	£717	23
1999	£43,372	£671	20
1998	£40,342	£583	12
1997	£46,769	£604	34
1996	£42,274	£623	25
1995	£40,179	£428	17

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£123,917	£1,585	6
2023	£106,299	£1,732	20
2022	£118,755	£1,742	38
2021	£110,413	£1,917	35
2020	£97,833	£1,742	9
2019	£102,375	£1,668	12
2018	£104,628	£1,804	23
2017	£79,726	£1,948	62
2016	£104,889	£1,704	14
2015	£89,988	£1,558	25
2014	£90,861	£1,570	18
2013	£95,015	£1,410	13
2012	£95,146	£1,559	13
2011	£85,875	£1,245	4
2010	£65,929	£1,486	7
2009	£94,446	£1,813	7
2008	£98,061	£1,692	28
2007	£123,034	£2,033	79
2006	£112,716	£1,948	102
2005	£86,262	£1,568	17
2004	£95,136	£1,430	18
2003	£65,991	£1,095	12
2002	£76,623	£1,026	13
2001	£45,347	£721	15
2000	£45,600	£712	25
1999	£34,945	£509	13
1998	£29,833	£519	3
1997	£37,222	£475	8
1996	£38,417	£456	6
1995	£31,575	£483	10

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£140,000		1
2023	£263,857	£3,092	18
2022	£481,998	£2,277	5
2021	£203,571	£2,414	7
2020	£216,250	£1,742	4
2019	£196,000	£2,520	6
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	£139,714	£1,693	7
2012	£117,200	£1,759	5
2011	£90,000	£2,093	1
2010	£101,475	£1,637	2
2009	£153,999	£1,328	7
2008	£138,667	£2,079	3
2007	£135,456	£1,759	8
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£270,833	£2,524	6
2023	£486,163	£2,540	10
2022	£134,630	£2,158	10
2021	£408,455	£5,255	11
2020	£209,660	£1,550	5
2019	£1,331,156	£6,079	12
2018	£377,108	£2,100	18
2017	£350,876	£3,350	11
2016	£135,667	£6,521	6
2015	£262,260		4
2014	£148,900	£1,432	3
2013	£852,350	£1,429	2

House Type in LN5 7QR area

The most common house types in the LN5 7QR postcode area are Terraced (98), Flat (32), and Semi-detached (20).

Total	182
Terraced	98
Flat	32
Semi-detached	20
commercial building	13
Shared house	10
converted building	5
Detached	4
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (129), and Owned: Owns with a mortgage or loan (24).

Private rented: Private landlord or letting agency	129
Owned: Owns with a mortgage or loan	24
Owned: Owns outright	23
Social rented: Other social rented	3
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the LN5 7QR have 1 person in household (72), and 2 people in household (67).

1 person in household	72
2 people in household	67
3 people in household	29
4 people in household	8
5 people in household	4
6 people in household	3
8 or more people in household	1
0 people in household	0
7 people in household	0