Housing Market Analysis for HERMIT STREET, LN5 8EG

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £59,243 median price is £62,250 Standard Deviation is £18,900 with Total Sold: 8
    • The Last 5 Year average price is £76,995 with Total Sold: 1
    • The most recent sale happened at this postcode is 50 HERMIT STREET: £76,995 (Sold on 15 Jan 2021)
    • The first recorded sale happened at this postcode is 134 HERMIT STREET: £15,000 (Sold on 19 Apr 1999)
  • Semi-Detached
    • The average price is around £38,950 median price is £38,950 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 116 HERMIT STREET: £38,950 (Sold on 24 May 2002)
    • The first recorded sale happened at this postcode is 116 HERMIT STREET: £38,950 (Sold on 24 May 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average LN5 8EG 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£76,995 £1,634 1
2016£57,000 £1,142 2
2008£79,950 £1,658 1
2007£68,500 £1,427 1
2006£63,500 £1,323 1
2003£56,000 £1,161 1
1999£15,000 £326 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£38,950 £749 1

All the Sales in the HERMIT STREET, LN5 8EG

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

AddressSold DatePrice% Change
50 HERMIT STREETFlat, LeaseholdArea: 47.127 Sq.mtrAge: 1950-196615 Jan 2021£76,995First Sale
48 HERMIT STREETFlat, LeaseholdArea: 48.22 Sq.mtrAge: 1950-196612 May 2016£61,000-23.70%
09 May 2008£79,95042.77%
28 Nov 2003£56,000First Sale
116 HERMIT STREETFlat, LeaseholdArea: 52 Sq.mtrAge: 1950-196631 Mar 2016£53,00036.07%
24 May 2002£38,950First Sale
98 HERMIT STREETFlat, LeaseholdArea: 48 Sq.mtrAge: 1967-197528 Jun 2007£68,500First Sale
88 HERMIT STREETFlat, LeaseholdArea: 48 Sq.mtrAge: 1950-196620 Jan 2006£63,500First Sale
134 HERMIT STREETFlat, LeaseholdArea: 46 Sq.mtrAge: 1967-197519 Apr 1999£15,000First Sale

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

HERMIT STREET, LN5 8EG Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £80,217 median price is £80,000 Standard Deviation is £76,406 with Total Sold: 4,138
    • The Last 5 Year average price is £130,677 with Total Sold: 618
    • 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 £129,385 median price is £118,000 Standard Deviation is £65,593 with Total Sold: 782
    • The Last 5 Year average price is £119,255 with Total Sold: 130
    • 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)
  • Detached
    • The average price is around £153,347 median price is £110,750 Standard Deviation is £150,304 with Total Sold: 134
    • The Last 5 Year average price is £289,960 with Total Sold: 27
    • 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 £1,041,624 median price is £259,000 Standard Deviation is £2,519,442 with Total Sold: 101
    • The Last 5 Year average price is £1,393,088 with Total Sold: 57
    • 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 , 28 SINCIL STREET: £285,000 (Sold on 04 Aug 2008)
  • Semi-Detached
    • The average price is around £90,763 median price is £87,947 Standard Deviation is £48,144 with Total Sold: 372
    • The Last 5 Year average price is £143,078 with Total Sold: 54
    • 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£128,257 £1,651 55
2023£135,036 £1,668 110
2022£134,762 £1,729 149
2021£148,919 £1,785 111
2020£117,247 £1,486 73
2019£114,013 £1,491 120
2018£110,173 £1,414 121
2017£108,170 £1,367 137
2016£131,672 £1,375 118
2015£100,997 £1,345 124
2014£98,979 £1,318 123
2013£90,663 £1,174 81
2012£86,025 £1,140 76
2011£86,540 £1,051 95
2010£90,120 £1,099 76
2009£89,038 £1,125 67
2008£96,336 £1,240 99
2007£101,704 £1,304 178
2006£98,333 £1,295 195
2005£90,165 £1,197 138
2004£88,046 £1,155 204
2003£70,824 £889 256
2002£52,272 £677 271
2001£39,531 £492 233
2000£32,265 £434 189
1999£36,386 £401 189
1998£32,204 £377 146
1997£29,073 £370 139
1996£28,241 £362 137
1995£27,822 £354 128
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£161,750 £1,966 6
2023£128,324 £1,799 20
2022£120,041 £1,818 41
2021£108,613 £1,894 26
2020£102,409 £1,857 11
2019£119,003 £1,776 26
2018£127,359 £1,880 32
2017£127,344 £1,947 31
2016£147,973 £1,859 22
2015£186,532 £1,717 51
2014£145,700 £1,802 25
2013£138,613 £1,740 19
2012£130,727 £1,495 24
2011£166,312 £1,448 16
2010£89,346 £1,603 13
2009£161,043 £2,742 24
2008£156,470 £1,880 69
2007£156,321 £2,102 109
2006£122,383 £1,968 101
2005£135,544 £1,630 16
2004£97,409 £1,220 11
2003£64,748 £1,242 13
2002£81,285 £1,019 7
2001£47,942 £771 12
2000£44,104 £885 28
1999£41,558 £568 10
1998£20,000 £345 1
1997£40,021 £449 7
1996£38,417 £456 6
1995£35,950 £441 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£140,0001
2023£265,621 £2,791 16
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£237,738 £1,108 8
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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,000 £2,524 5
2023£2,059,643 £2,540 12
2022£394,097 £3,714 7
2021£1,309,093 £10,191 15
2020£237,7504
2019£2,122,802 £2,024 14
2018£527,922 £2,219 20
2017£602,249 £3,350 11
2016£151,500 £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£176,680 £2,168 11
2022£140,672 £1,987 16
2021£137,231 £1,867 13
2020£139,250 £1,840 8
2019£108,800 £1,755 5
2018£119,900 £1,643 15
2017£133,583 £1,576 12
2016£108,600 £1,574 10
2015£88,500 £1,490 5
2014£99,550 £1,427 10
2013£85,417 £1,258 6
2012£82,694 £1,170 9
2011£87,429 £1,214 7
2010£108,929 £1,401 7
2009£103,611 £1,619 9
2008£117,808 £1,469 13
2007£113,100 £1,406 26
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£62,115 £877 20
2001£45,258 £652 19
2000£40,193 £803 15
1999£38,661 £635 18
1998£42,500 £694 3
1997£43,846 £495 12
1996£32,586 £503 14
1995£37,554 £472 12

House Type in LN5 8EG area

The most common house types in the LN5 8EG postcode area are Flat (107), Shared house (20), and commercial building (20).

Total154
Flat107
Shared house20
commercial building20
converted building3
Detached2
Semi-detached2
Terraced0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (64), and Social rented: Rents from council or Local Authority (49).

Private rented: Private landlord or letting agency64
Social rented: Rents from council or Local Authority49
Private rented: Other private rented13
Owned: Owns outright12
Social rented: Other social rented9
Owned: Owns with a mortgage or loan3
Shared ownership: Shared ownership2
Lives rent free2
Does not apply0

Number of People in a Household

The most houses in the LN5 8EG have 1 person in household (103), and 2 people in household (37).

1 person in household103
2 people in household37
3 people in household7
4 people in household3
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0