Housing Market Analysis for VERNON STREET, LN5 7QU

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

Overview of Sold House prices

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

Terraced
- The average price is around £89,664 median price is £90,500 Standard Deviation is £49,055 with Total Sold: 94
- The Last 5 Year average price is £153,066 with Total Sold: 17
- The most recent sale happened at this postcode is 3 VERNON STREET: £175,500 (Sold on 12 Sep 2023)
- The first recorded sale happened at this postcode is 75 VERNON STREET: £120,000 (Sold on 07 Jun 2024)
Semi-Detached
- The average price is around £116,023 median price is £125,000 Standard Deviation is £40,018 with Total Sold: 8
- The Last 5 Year average price is £164,000 with Total Sold: 1
- The most recent sale happened at this postcode is 11 VERNON STREET: £164,000 (Sold on 10 Sep 2021)
- The first recorded sale happened at this postcode is 49 VERNON STREET: £34,000 (Sold on 10 May 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average LN5 7QU 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	£159,000	£1,513	4
2022	£179,100	£1,942	3
2021	£156,667	£1,692	3
2020	£140,000	£1,400	1
2019	£129,708	£1,699	4
2018	£115,667	£1,318	3
2017	£129,750	£1,463	4
2016	£125,300	£1,803	3
2015	£105,000	£1,329	1
2014	£124,950	£1,543	1
2013	£91,000	£1,152	1
2012	£116,500	£1,163	2
2011	£116,750	£1,279	2
2010	£93,750	£1,055	2
2008	£125,000	£1,223	2
2007	£113,975	£1,409	2
2006	£115,975	£1,580	4
2005	£105,850	£1,323	2
2004	£106,030	£1,119	5
2003	£91,850	£979	4
2002	£65,270	£827	5
2001	£49,250	£525	6
2000	£40,867	£552	3
1999	£33,670	£371	5
1998	£31,900	£419	7
1997	£37,000	£381	1
1996	£30,857	£361	7
1995	£33,845	£459	5
2024	£150,000	£2,068	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£164,000	£1,323	1
2018	£135,000	£1,570	1
2017	£153,000	£1,244	1
2008	£115,000	£1,337	1
2007	£80,750	£868	1
2005	£123,216	£998	2
2000	£34,000	£395	1

All the Sales in the VERNON STREET, LN5 7QU

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

Address	Sold Date	Price	% Change
3 VERNON STREETTerraced, FreeholdArea: 124 Sq.mtrAge: before 1900	12 Sep 2023	£175,500	0.0
	12 Sep 2023	£175,500	25.36%
	19 Mar 2004	£140,000	180.00%
	09 Jun 2000	£50,000	21.95%
	08 Nov 1996	£41,000	First Sale
33 VERNON STREETTerraced, FreeholdArea: 87 Sq.mtrAge: 1900-1929	04 Aug 2023	£100,000	First Sale
61 VERNON STREETTerraced, FreeholdArea: 89.26 Sq.mtrAge: 1900-1929	24 Apr 2023	£185,000	32.19%
	31 Mar 2016	£139,950	64.74%
	09 May 2003	£84,950	51.70%
	20 Dec 2001	£56,000	93.10%
	29 Nov 1996	£29,000	First Sale
37 VERNON STREETTerraced, FreeholdArea: 81 Sq.mtrAge: 1900-1929	12 Aug 2022	£165,000	32.05%
	26 Sep 2014	£124,950	363.64%
	12 Jan 1999	£26,950	First Sale
29 VERNON STREETTerraced, FreeholdArea: 100 Sq.mtrAge: before 1900	22 Jul 2022	£207,300	103.24%
	29 Jan 2004	£102,000	124.18%
	13 Jul 2001	£45,500	1.11%
	29 Jun 2001	£45,000	20.00%
	23 Jan 1998	£37,500	-2.60%
	09 Jun 1995	£38,500	First Sale
57 VERNON STREETTerraced, FreeholdArea: 96.11 Sq.mtrAge: before 1900	20 Jun 2022	£165,000	First Sale
79 VERNON STREETTerraced, FreeholdArea: 75 Sq.mtrAge: 1900-1929	22 Dec 2021	£120,000	22.51%
	05 Dec 2007	£97,950	First Sale
11 VERNON STREETSemi-Detached, FreeholdArea: 124 Sq.mtrAge: 1900-1929	10 Sep 2021	£164,000	57.04%
	21 Jan 2005	£104,433	First Sale
67 VERNON STREETTerraced, FreeholdArea: 79 Sq.mtrAge: before 1900	28 Jul 2021	£145,000	38.10%
	10 Jul 2015	£105,000	1.45%
	23 Jul 2004	£103,500	269.64%
	27 Mar 1998	£28,000	First Sale
5 VERNON STREETTerraced, FreeholdArea: 124.87 Sq.mtrAge: before 1900	07 May 2021	£205,000	23.57%
	08 Nov 2006	£165,900	58.08%
	07 Oct 2003	£104,950	183.65%
	04 Jul 1997	£37,000	First Sale
13 VERNON STREETTerraced, FreeholdArea: 100 Sq.mtrAge: 1900-1929	14 Feb 2020	£140,000	75.00%
	17 Aug 2018	£80,000	First Sale
25 VERNON STREETTerraced, FreeholdArea: 46 Sq.mtrAge: 1983-1990	02 Sep 2019	£116,000	14.85%
	21 Oct 2016	£101,000	104.04%
	04 Jan 2002	£49,500	43.06%
	30 Mar 2000	£34,600	33.98%
	23 Oct 1995	£25,825	First Sale
21 VERNON STREETTerraced, FreeholdArea: 125 Sq.mtrAge: before 1900	23 Aug 2019	£136,500	10.98%
	23 Nov 2012	£123,000	105.17%
	24 Jun 2002	£59,950	First Sale
69 VERNON STREETTerraced, FreeholdArea: 79 Sq.mtrAge: before 1900	19 Jul 2019	£104,000	First Sale
53 VERNON STREETTerraced, FreeholdArea: 87.05 Sq.mtrAge: 1900-1929	25 Feb 2019	£162,330	85.52%
	11 Jul 2011	£87,500	-51.39%
	10 Jan 2024	£180,000	First Sale
97 VERNON STREETTerraced, FreeholdArea: 76 Sq.mtrAge: 1900-1929	31 Oct 2018	£125,000	228.95%
	01 Sep 2000	£38,000	43.67%
	07 Jan 1998	£26,450	First Sale
63 VERNON STREETTerraced, FreeholdArea: 94 Sq.mtrAge: 1900-1929	25 Jul 2018	£142,000	0.0
	12 Oct 2017	£142,000	-2.74%
	14 Jun 2011	£146,000	26.96%
	10 Mar 2008	£115,000	7.83%
	30 Apr 2004	£106,650	36.73%
	10 Dec 2002	£78,000	147.62%
	30 Jun 1999	£31,500	First Sale
49 VERNON STREETSemi-Detached, FreeholdArea: 86 Sq.mtrAge: before 1900	26 Jun 2018	£135,000	17.39%
	06 Mar 2008	£115,000	238.24%
	10 May 2000	£34,000	First Sale
35 VERNON STREETTerraced, FreeholdArea: 85 Sq.mtrAge: before 1900	27 Oct 2017	£125,000	First Sale
9 VERNON STREETSemi-Detached, FreeholdArea: 123 Sq.mtrAge: 1900-1929	31 Jul 2017	£153,000	7.75%
	04 Jul 2005	£142,000	First Sale
73 VERNON STREETTerraced, FreeholdArea: 89.74 Sq.mtrAge: 1900-1929	30 Mar 2017	£122,000	52.60%
	29 Nov 2002	£79,950	133.77%
	30 Oct 1995	£34,200	First Sale
45 VERNON STREETTerraced, FreeholdArea: 86 Sq.mtrAge: 1900-1929	10 Mar 2017	£130,000	0.0
	05 Apr 2007	£130,000	52.94%
	06 Apr 2006	£85,000	First Sale
31 VERNON STREETTerraced, FreeholdArea: 82 Sq.mtrAge: 1900-1929	15 Jun 2016	£134,950	22.68%
	02 Mar 2012	£110,000	First Sale
85 VERNON STREETTerraced, FreeholdArea: 79 Sq.mtrAge: 1900-1929	05 Dec 2013	£91,000	First Sale
91 VERNON STREETTerraced, FreeholdArea: 95.98 Sq.mtrAge: before 1900	01 Mar 2010	£88,500	146.18%
	06 Aug 1999	£35,950	First Sale
55 VERNON STREETTerraced, FreeholdArea: 83.315 Sq.mtrAge: 1900-1929	18 Jan 2010	£99,000	172.35%
	03 Apr 1998	£36,350	First Sale
15 VERNON STREETTerraced, Freehold	02 Jan 2008	£135,000	289.05%
15 VERNON STREETTerraced, Freehold	18 Jan 1995	£34,700	First Sale
95 VERNON STREETSemi-Detached, FreeholdArea: 93.02 Sq.mtrAge: 1900-1929	18 May 2007	£80,750	First Sale
23 VERNON STREETTerraced, FreeholdArea: 47 Sq.mtrAge: 1983-1990	22 Sep 2006	£96,000	209.68%
	17 Aug 1998	£31,000	First Sale
41 VERNON STREETTerraced, Freehold	17 Jul 2006	£117,000	First Sale
83 VERNON STREETTerraced, FreeholdArea: 80 Sq.mtrAge: 1900-1929	29 Nov 2005	£102,000	-7.02%
	01 Jul 2005	£109,700	99.45%
	14 Sep 2001	£55,000	64.18%
	24 Apr 1996	£33,500	First Sale
81 VERNON STREETTerraced, FreeholdArea: 78 Sq.mtrAge: before 1900	12 Mar 2004	£78,000	First Sale
75 VERNON STREETTerraced, FreeholdArea: 77 Sq.mtrAge: before 1900	27 Nov 2003	£90,000	157.14%
	06 Mar 1998	£35,000	-70.83%
	07 Jun 2024	£120,000	First Sale
47 VERNON STREETTerraced, FreeholdArea: 84 Sq.mtrAge: before 1900	02 Jul 2003	£87,500	92.31%
	02 Aug 2001	£45,500	First Sale
39 VERNON STREETTerraced, FreeholdArea: 84.54 Sq.mtrAge: before 1900	06 Mar 2002	£58,950	78.64%
	29 Jan 1996	£33,000	First Sale
71 VERNON STREETTerraced, FreeholdArea: 80 Sq.mtrAge: 1900-1929	20 Sep 2001	£48,500	83.02%
	20 Dec 1996	£26,500	First Sale
101 VERNON STREETTerraced, FreeholdArea: 95.57 Sq.mtrAge: before 1900	26 Aug 1999	£35,000	20.69%
	27 Mar 1998	£29,000	First Sale
27 VERNON STREETTerraced, FreeholdArea: 87 Sq.mtrAge: before 1900	02 Jul 1999	£38,950	First Sale
43 VERNON STREETTerraced, FreeholdArea: 96 Sq.mtrAge: before 1900	16 Aug 1996	£23,000	First Sale
23A VERNON STREETTerraced, FreeholdArea: 49.79 Sq.mtrAge: 1983-1990	22 May 1996	£30,000	First Sale
77 VERNON STREETTerraced, FreeholdArea: 79.93 Sq.mtrAge: 1900-1929	07 Apr 1995	£36,000	First Sale

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

VERNON STREET, LN5 7QU Near By properties

Interactive Map

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

Terraced
- The average price is around £83,636 median price is £84,000 Standard Deviation is £60,226 with Total Sold: 3,806
- The Last 5 Year average price is £135,338 with Total Sold: 596
- 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 £94,142 median price is £92,000 Standard Deviation is £47,912 with Total Sold: 503
- The Last 5 Year average price is £156,131 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 £94,856 median price is £99,250 Standard Deviation is £37,309 with Total Sold: 652
- 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 , 46A BOULTHAM PARK ROAD: £20,500 (Sold on 29 Jun 1995)
Detached
- The average price is around £131,793 median price is £113,500 Standard Deviation is £112,886 with Total Sold: 174
- The Last 5 Year average price is £260,010 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 £450,889 median price is £181,250 Standard Deviation is £813,315 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	£129,392	£1,683	45
2023	£139,145	£1,722	107
2022	£145,089	£1,783	123
2021	£154,491	£1,822	113
2020	£118,227	£1,488	79
2019	£118,658	£1,493	129
2018	£118,097	£1,469	114
2017	£115,448	£1,440	122
2016	£114,355	£1,451	140
2015	£105,112	£1,363	124
2014	£102,603	£1,413	107
2013	£94,876	£1,212	75
2012	£90,978	£1,126	74
2011	£88,838	£1,066	98
2010	£91,700	£1,130	76
2009	£95,562	£1,189	57
2008	£100,393	£1,327	75
2007	£108,467	£1,334	159
2006	£98,022	£1,301	190
2005	£92,635	£1,199	112
2004	£91,789	£1,197	165
2003	£75,535	£961	217
2002	£56,184	£706	225
2001	£43,471	£550	212
2000	£34,698	£463	163
1999	£34,242	£431	188
1998	£30,915	£391	141
1997	£31,502	£391	133
1996	£30,143	£399	124
1995	£29,974	£376	119

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	£162,812	£2,222	16
2020	£132,500	£1,701	13
2019	£155,885	£1,939	13
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	£110,929	£1,544	24
2006	£123,210	£1,659	21
2005	£111,848	£1,649	20
2004	£94,782	£1,304	33
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	£39,162	£583	13
1997	£46,769	£604	34
1996	£42,244	£623	24
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	£106,736	£1,839	21
2017	£79,726	£1,948	62
2016	£104,889	£1,704	14
2015	£90,615	£1,581	24
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	£124,125	£2,053	78
2006	£112,716	£1,948	102
2005	£87,778	£1,619	16
2004	£95,136	£1,430	18
2003	£65,991	£1,095	12
2002	£76,623	£1,026	13
2001	£44,150	£712	16
2000	£45,800	£709	25
1999	£34,945	£509	13
1998	£29,833	£519	3
1997	£37,222	£475	8
1996	£38,417	£456	6
1995	£30,568	£483	11

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	£166,667	£1,742	3
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	£177,650	£1,969	3
2004	£125,794	£2,204	8
2003	£103,733	£1,709	6
2002	£79,400	£984	9
2001	£69,340	£834	12
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	£304,997	£2,100	15
2017	£350,876	£3,350	11
2016	£376,750	£5,736	8
2015	£262,260		4
2014	£159,175	£1,432	4
2013	£852,350	£1,429	2

House Type in LN5 7QU area

The most common house types in the LN5 7QU postcode area are Terraced (119), Semi-detached (9), and Flat (6).

Total	139
Terraced	119
Semi-detached	9
Flat	6
Detached	3
Shared house	2
converted building	0
commercial building	0
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 (82), and Owned: Owns outright (27).

Private rented: Private landlord or letting agency	82
Owned: Owns outright	27
Owned: Owns with a mortgage or loan	23
Private rented: Other private rented	5
Shared ownership: Shared ownership	1
Social rented: Rents from council or Local Authority	1
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LN5 7QU have 2 people in household (35), and 1 person in household (34).

2 people in household	35
1 person in household	34
3 people in household	31
4 people in household	21
5 people in household	14
6 people in household	4
0 people in household	0
7 people in household	0
8 or more people in household	0