Housing Market Analysis for LANCASTER PLACE, LN5 7UP

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £56,025 median price is £57,475 Standard Deviation is £25,408 with Total Sold: 26
    • The Last 5 Year average price is £91,500 with Total Sold: 3
    • The most recent sale happened at this postcode is 4 LANCASTER PLACE: £107,000 (Sold on 21 Dec 2022)
    • The first recorded sale happened at this postcode is 12 LANCASTER PLACE: £17,000 (Sold on 17 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LN5 7UP 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
2022£107,000 £1,646 1
2020£83,750 £1,310 2
2015£82,500 £1,352 1
2011£67,000 £1,106 1
2009£74,000 £1,213 1
2007£90,500 £1,484 1
2006£77,500 £1,417 2
2005£75,000 £1,315 2
2004£68,225 £1,084 2
2002£44,483 £733 3
2001£31,642 £488 6
1999£29,725 £475 2
1995£21,975 £363 2

All the Sales in the LANCASTER PLACE, LN5 7UP

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

AddressSold DatePrice% Change
4 LANCASTER PLACETerraced, FreeholdArea: 65 Sq.mtrAge: 1900-192921 Dec 2022£107,00056.20%
16 Jan 2004£68,500124.59%
08 Feb 2001£30,500First Sale
6 LANCASTER PLACETerraced, FreeholdArea: 68 Sq.mtrAge: 1900-192931 Jul 2020£75,000First Sale
3 LANCASTER PLACETerraced, FreeholdArea: 61 Sq.mtrAge: 1900-192907 Feb 2020£92,50012.12%
13 Nov 2015£82,500-8.84%
30 Aug 2007£90,50033.19%
13 Feb 2004£67,950119.19%
10 Aug 2001£31,000First Sale
12 LANCASTER PLACETerraced, FreeholdArea: 60.56 Sq.mtrAge: 1900-192908 Apr 2011£67,000-21.18%
29 Sep 2005£85,000145.31%
06 Aug 2001£34,65028.57%
29 Sep 1995£26,95058.53%
17 May 1995£17,000First Sale
11 LANCASTER PLACETerraced, FreeholdArea: 61 Sq.mtrAge: before 190026 Nov 2009£74,000140.65%
06 Jul 2001£30,750First Sale
9 LANCASTER PLACETerraced, FreeholdArea: 60 Sq.mtrAge: 1900-192921 Jul 2006£85,000198.25%
30 Apr 1999£28,500First Sale
1 LANCASTER PLACETerraced, Freehold16 Jun 2006£70,000106.19%
29 Oct 2001£33,9509.69%
03 Aug 1999£30,950First Sale
2 LANCASTER PLACETerraced, FreeholdArea: 53 Sq.mtrAge: 1930-194916 Dec 2005£65,000First Sale
7 LANCASTER PLACETerraced, FreeholdArea: 60.61 Sq.mtrAge: 1900-192905 Jul 2002£49,50045.59%
01 Feb 2002£34,000First Sale
5 LANCASTER PLACETerraced, FreeholdArea: 60.83 Sq.mtrAge: before 190024 May 2002£49,95072.24%
05 Jan 2001£29,000First Sale

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

LANCASTER PLACE, LN5 7UP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £78,098 median price is £78,500 Standard Deviation is £62,345 with Total Sold: 3,482
    • The Last 5 Year average price is £132,271 with Total Sold: 512
    • The most recent sale happened at this postcode is , 97 ST ANDREWS STREET: £130,000 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 24 KIRKBY STREET: £20,050 (Sold on 04 Jan 1995)
  • Flat
    • The average price is around £93,594 median price is £87,500 Standard Deviation is £43,669 with Total Sold: 197
    • The Last 5 Year average price is £115,677 with Total Sold: 54
    • The most recent sale happened at this postcode is , 6 TANNERS COURT: £92,500 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is , 10 CANWICK ROAD: £31,000 (Sold on 31 Dec 1997)
  • Detached
    • The average price is around £126,305 median price is £93,500 Standard Deviation is £110,561 with Total Sold: 100
    • The Last 5 Year average price is £249,917 with Total Sold: 12
    • 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 £610,295 median price is £254,500 Standard Deviation is £861,277 with Total Sold: 60
    • The Last 5 Year average price is £780,241 with Total Sold: 31
    • The most recent sale happened at this postcode is , OFFICE SPACE AT, 114 HIGH STREET: £140,000 (Sold on 02 May 2024)
    • The first recorded sale happened at this postcode is , 368 HIGH STREET: £289,041 (Sold on 02 Mar 2015)
  • Semi-Detached
    • The average price is around £87,376 median price is £85,500 Standard Deviation is £47,122 with Total Sold: 289
    • The Last 5 Year average price is £136,555 with Total Sold: 41
    • The most recent sale happened at this postcode is 2, LINDSEY COURT ALFRED STREET: £90,000 (Sold on 26 Jan 2024)
    • The first recorded sale happened at this postcode is , 10 BISHOP KING COURT: £45,250 (Sold on 01 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£128,305 £1,647 48
2023£135,895 £1,634 91
2022£137,787 £1,661 120
2021£150,075 £1,839 94
2020£120,100 £1,465 68
2019£114,169 £1,436 91
2018£111,163 £1,402 107
2017£105,504 £1,332 110
2016£102,807 £1,297 93
2015£99,903 £1,317 101
2014£95,332 £1,259 101
2013£89,591 £1,163 66
2012£84,429 £1,147 63
2011£87,099 £1,030 80
2010£85,799 £1,038 59
2009£92,369 £1,020 53
2008£93,910 £1,183 84
2007£97,736 £1,257 146
2006£95,013 £1,268 156
2005£92,492 £1,174 124
2004£88,273 £1,146 176
2003£69,411 £884 225
2002£51,364 £679 241
2001£38,011 £482 205
2000£33,492 £425 165
1999£31,674 £389 162
1998£28,183 £368 114
1997£28,859 £369 121
1996£28,266 £369 111
1995£28,073 £345 107
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£90,2502
2023£83,875 £1,627 8
2022£130,350 £1,926 10
2021£135,077 £2,285 13
2020£89,250 £1,755 4
2019£116,386 £1,926 17
2018£107,045 £1,590 11
2017£109,531 £2,110 8
2016£72,400 £1,578 5
2015£71,250 £1,641 5
2014£81,083 £1,573 6
2013£110,5001
2012£84,167 £1,430 6
2011£69,000 £1,845 1
2010£81,857 £1,984 7
2009£100,333 £2,800 3
2008£99,330 £1,718 15
2007£90,621 £1,854 12
2006£96,687 £2,049 34
2005£73,132 £1,349 11
2004£53,475 £367 2
2003£35,706 £752 7
2002£48,000 £1,273 2
2001£55,1503
2000£21,0001
1999£17,500 £326 2
1997£31,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£140,0001
2023£283,333 £2,671 3
2021£218,500 £2,114 4
2020£237,500 £862 2
2019£330,000 £1,370 2
2017£236,000 £1,918 4
2015£125,500 £2,220 3
2014£134,000 £1,682 2
2011£99,975 £2,098 2
2010£104,975 £1,927 2
2009£239,998 £1,535 2
2008£93,000 £1,329 1
2007£132,250 £2,510 2
2006£201,635 £2,349 7
2005£99,000 £2,190 2
2004£196,181 £1,534 8
2003£120,317 £891 6
2002£114,071 £1,129 7
2001£67,935 £630 13
2000£51,978 £818 9
1999£45,950 £806 5
1998£46,667 £421 3
1997£39,725 £441 2
1996£48,483 £812 3
1995£30,150 £651 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£175,000 £2,524 4
2023£465,127 £3,944 6
2022£232,170 £3,714 4
2021£1,513,771 £16,589 7
2020£255,7504
2019£1,358,104 £2,024 6
2018£271,425 £2,219 14
2017£786,530 £3,350 8
2016£286,3333
2015£369,7604
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£90,000 £2,703 1
2023£131,333 £2,050 6
2022£146,596 £2,011 13
2021£126,000 £1,822 10
2020£156,188 £1,832 8
2019£101,833 £1,639 3
2018£117,278 £1,661 9
2017£126,333 £1,636 9
2016£107,000 £1,642 7
2015£88,500 £1,490 5
2014£114,145 £1,542 10
2013£90,300 £1,364 5
2012£80,472 £1,168 9
2011£89,400 £1,315 5
2010£113,250 £1,401 6
2009£97,500 £1,659 7
2008£113,286 £1,711 7
2007£116,550 £1,390 18
2006£100,493 £1,581 15
2005£88,262 £1,350 10
2004£82,922 £1,313 25
2003£79,679 £1,233 12
2002£56,577 £822 11
2001£46,074 £668 19
2000£43,156 £799 9
1999£38,494 £605 16
1998£44,750 £643 2
1997£44,650 £543 11
1996£32,246 £473 13
1995£41,338 £563 8

House Type in LN5 7UP area

The most common house types in the LN5 7UP postcode area are Terraced (99), Flat (15), and Detached (13).

Total146
Terraced99
Flat15
Detached13
Semi-detached13
Shared house4
converted building2
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (99), and Owned: Owns outright (20).

Private rented: Private landlord or letting agency99
Owned: Owns outright20
Owned: Owns with a mortgage or loan18
Social rented: Rents from council or Local Authority5
Private rented: Other private rented3
Social rented: Other social rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN5 7UP have 1 person in household (45), and 3 people in household (38).

1 person in household45
3 people in household38
2 people in household37
4 people in household21
5 people in household5
7 people in household2
6 people in household1
0 people in household0
8 or more people in household0