Housing Market Analysis for HERMIT STREET, LN5 8EF

Are you looking to understand LN5 8EF 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 8EF area, explore the LN5 8EF Area information page.
For comprehensive crime statistics in the LN5 8EF area, explore the LN5 8EF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN5 8EF postcode area, The average prices are as follows,

  • Flat
    • The average price is around £55,962 median price is £58,000 Standard Deviation is £34,366 with Total Sold: 16
    • The Last 5 Year average price is £67,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 113 HERMIT STREET: £67,500 (Sold on 22 Oct 2021)
    • The first recorded sale happened at this postcode is 39 HERMIT STREET: £9,600 (Sold on 24 Mar 2003)
  • Semi-Detached
    • The average price is around £99,250 median price is £99,250 Standard Deviation is £1,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 HERMIT STREET: £101,000 (Sold on 29 Jan 2008)
    • The first recorded sale happened at this postcode is 1 HERMIT STREET: £97,500 (Sold on 29 Aug 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average LN5 8EF 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£67,500 £1,422 1
2017£76,000 £1,101 1
2015£52,000 £1,676 1
2014£55,000 £1,064 2
2009£120,000 £3,231 2
2007£65,500 £1,365 1
2006£61,250 £1,129 2
2005£89,9501
2004£18,000 £367 1
2003£13,485 £312 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£101,0001
2003£97,5001

All the Sales in the HERMIT STREET, LN5 8EF

See the table below for more details on the sold house prices in the LN5 8EF, Lincoln postcode.

AddressSold DatePrice% Change
113 HERMIT STREETFlat, LeaseholdArea: 47.47 Sq.mtrAge: 1950-196622 Oct 2021£67,5003.05%
20 Feb 2007£65,500313.51%
26 Aug 2003£15,840First Sale
7 HERMIT STREETFlat, LeaseholdArea: 69 Sq.mtrAge: 1967-197523 Aug 2017£76,00035.71%
11 Dec 2006£56,000First Sale
103 HERMIT STREETFlat, LeaseholdArea: 31.02 Sq.mtrAge: 1967-197529 Jan 2015£52,000477.78%
31 Mar 2003£9,000First Sale
29 HERMIT STREETFlat, Leasehold01 Aug 2014£60,000-33.30%
05 Jan 2005£89,950First Sale
39 HERMIT STREETFlat, LeaseholdArea: 47 Sq.mtrAge: 1950-196607 Jul 2014£50,000420.83%
24 Mar 2003£9,600First Sale
1A HERMIT STREETFlat, LeaseholdArea: 43 Sq.mtrAge: 1983-199006 Jul 2009£120,000First Sale
1C HERMIT STREETFlat, LeaseholdArea: 32.68 Sq.mtrAge: 2007 onwards30 Jun 2009£120,000First Sale
1 HERMIT STREETSemi-Detached, Freehold29 Jan 2008£101,0003.59%
29 Aug 2003£97,500First Sale
63 HERMIT STREETFlat, LeaseholdArea: 46 Sq.mtrAge: 1967-197520 Jan 2006£66,500241.03%
14 Jul 2003£19,500First Sale
105 HERMIT STREETFlat, LeaseholdArea: 49 Sq.mtrAge: 1967-197509 Feb 2004£18,000First Sale

Check out the sold house prices near the LN5 8EF postcode. Properties currently for saleProperties currently for rent

HERMIT STREET, LN5 8EF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN5 8EF 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 8EF postcode.

  • Terraced
    • The average price is around £80,274 median price is £80,000 Standard Deviation is £75,935 with Total Sold: 4,207
    • The Last 5 Year average price is £130,717 with Total Sold: 629
    • The most recent sale happened at this postcode is , 3 ST ANDREWS PLACE: £126,000 (Sold on 14 Aug 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 £135,180 median price is £120,602 Standard Deviation is £66,073 with Total Sold: 695
    • The Last 5 Year average price is £118,471 with Total Sold: 115
    • 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 102, THE OLD MILL PRINCESS STREET: £32,000 (Sold on 08 Sep 1995)
  • Other
    • The average price is around £819,902 median price is £259,000 Standard Deviation is £1,425,359 with Total Sold: 101
    • The Last 5 Year average price is £1,008,875 with Total Sold: 56
    • The most recent sale happened at this postcode is , 431 HIGH STREET: £550,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 28 SINCIL STREET: £285,000 (Sold on 04 Aug 2008)
  • Semi-Detached
    • The average price is around £91,973 median price is £89,475 Standard Deviation is £47,966 with Total Sold: 380
    • The Last 5 Year average price is £142,877 with Total Sold: 59
    • 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)
  • Detached
    • The average price is around £151,973 median price is £110,000 Standard Deviation is £151,529 with Total Sold: 131
    • The Last 5 Year average price is £297,157 with Total Sold: 25
    • The most recent sale happened at this postcode is , 1 TULIP ROAD: £259,995 (Sold on 22 Dec 2023)
    • The first recorded sale happened at this postcode is , 18 MONSON STREET: £27,000 (Sold on 10 Feb 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£129,176 £1,639 52
2023£135,650 £1,672 113
2022£134,951 £1,733 152
2021£148,199 £1,775 113
2020£117,572 £1,488 76
2019£113,667 £1,488 123
2018£110,129 £1,412 124
2017£108,523 £1,370 141
2016£131,619 £1,380 120
2015£100,997 £1,345 124
2014£98,696 £1,318 122
2013£90,679 £1,173 82
2012£86,332 £1,143 78
2011£86,560 £1,051 97
2010£89,957 £1,097 79
2009£89,023 £1,126 68
2008£96,423 £1,240 100
2007£101,813 £1,303 179
2006£98,517 £1,296 200
2005£90,442 £1,197 142
2004£88,067 £1,155 205
2003£70,931 £889 260
2002£52,370 £678 279
2001£39,526 £492 235
2000£32,374 £434 193
1999£36,219 £399 192
1998£32,204 £377 146
1997£29,256 £372 144
1996£28,286 £363 139
1995£27,831 £354 129
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£185,125 £1,966 4
2023£118,805 £1,768 18
2022£119,505 £1,721 37
2021£110,737 £1,885 23
2020£99,688 £1,683 8
2019£119,163 £1,745 25
2018£138,354 £1,701 24
2017£137,398 £1,819 23
2016£154,772 £1,865 20
2015£192,452 £1,651 48
2014£147,229 £1,677 24
2013£154,710 £1,798 15
2012£147,603 £1,399 19
2011£181,500 £1,448 14
2010£88,773 £1,468 11
2009£167,319 £3,098 22
2008£156,470 £1,880 69
2007£156,611 £2,090 108
2006£122,507 £1,960 99
2005£140,425 £1,394 14
2004£97,409 £1,220 11
2003£51,993 £860 9
2002£85,999 £947 6
2001£48,412 £666 8
2000£41,375 £568 8
1999£40,731 £527 9
1998£20,000 £345 1
1997£40,021 £449 7
1996£38,417 £456 6
1995£35,950 £441 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£407,000 £2,524 5
2023£264,610 £2,540 11
2022£356,585 £2,437 8
2021£1,390,457 £10,191 14
2020£232,6005
2019£2,159,171 £2,024 13
2018£527,922 £2,219 20
2017£564,978 £3,350 12
2016£211,500 £2,104 6
2015£1,236,8086
2008£285,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£90,000 £2,703 1
2023£170,730 £2,108 13
2022£141,221 £1,963 17
2021£137,231 £1,867 13
2020£141,556 £1,873 9
2019£110,250 £1,682 6
2018£119,225 £1,649 16
2017£133,583 £1,576 12
2016£108,600 £1,574 10
2015£88,500 £1,490 5
2014£102,768 £1,461 11
2013£85,417 £1,258 6
2012£83,425 £1,189 10
2011£87,429 £1,214 7
2010£108,929 £1,401 7
2009£103,611 £1,619 9
2008£117,786 £1,455 14
2007£113,541 £1,418 27
2006£112,362 £1,665 20
2005£95,697 £1,325 13
2004£85,976 £1,270 29
2003£80,721 £1,246 14
2002£60,562 £775 20
2001£45,495 £651 20
2000£40,146 £744 13
1999£38,661 £635 18
1998£42,500 £694 3
1997£43,846 £495 12
1996£32,586 £503 14
1995£38,059 £472 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£265,996 £2,791 15
2022£564,998 £2,266 4
2021£148,000 £2,430 3
2020£237,500 £862 2
2019£260,000 £1,656 1
2018£170,000 £1,771 1
2017£156,250 £1,857 4
2015£125,500 £2,220 3
2014£141,000 £1,595 3
2012£104,0001
2011£99,975 £2,098 2
2010£99,950 £1,960 1
2009£166,665 £1,418 3
2008£174,333 £1,329 3
2007£183,150 £1,784 6
2006£133,408 £2,233 6
2005£154,333 £2,190 3
2004£183,744 £1,547 8
2003£237,414 £963 7
2002£99,286 £1,036 11
2001£58,858 £630 13
2000£51,030 £818 10
1999£45,950 £806 5
1998£23,9752
1997£198,690 £434 5
1996£48,483 £812 3
1995£29,958 £605 6

House Type in LN5 8EF area

The most common house types in the LN5 8EF postcode area are Flat (84), Terraced (21), and Detached (8).

Total121
Flat84
Terraced21
Detached8
Semi-detached6
Shared house2
converted building0
commercial building0
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 (58), and Private rented: Private landlord or letting agency (44).

Social rented: Rents from council or Local Authority58
Private rented: Private landlord or letting agency44
Owned: Owns with a mortgage or loan9
Owned: Owns outright5
Social rented: Other social rented4
Lives rent free4
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0

Number of People in a Household

The most houses in the LN5 8EF have 1 person in household (61), and 2 people in household (31).

1 person in household61
2 people in household31
3 people in household15
4 people in household5
6 people in household4
7 people in household4
5 people in household2
0 people in household0
8 or more people in household0