Housing Market Analysis for GREAT NORTHERN TERRACE, LN5 8HN

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

Overview of Sold House prices

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

  • Other
    • The average price is around £10,000 median price is £10,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £10,000 with Total Sold: 1
    • The most recent sale happened at this postcode is COUNTY DOORS, THE OLD BOTTLE YARD GREAT NORTHERN TERRACE: £10,000 (Sold on 08 Dec 2022)
    • The first recorded sale happened at this postcode is COUNTY DOORS, THE OLD BOTTLE YARD GREAT NORTHERN TERRACE: £10,000 (Sold on 08 Dec 2022)
  • Semi-Detached
    • The average price is around £162,750 median price is £162,750 Standard Deviation is £17,750 with Total Sold: 2
    • The most recent sale happened at this postcode is THE ARCHES 2, COTTAGES GREAT NORTHERN TERRACE: £180,500 (Sold on 11 Jun 2018)
    • The first recorded sale happened at this postcode is THE ARCHES 2, COTTAGES GREAT NORTHERN TERRACE: £145,000 (Sold on 20 Jun 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average LN5 8HN 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£10,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£180,5001
2014£145,0001

All the Sales in the GREAT NORTHERN TERRACE, LN5 8HN

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

AddressSold DatePrice% Change
COUNTY DOORS, THE OLD BOTTLE YARD GREAT NORTHERN TERRACEOther, Freehold08 Dec 2022£10,000First Sale
THE ARCHES 2, COTTAGES GREAT NORTHERN TERRACESemi-Detached, Freehold11 Jun 2018£180,50024.48%
20 Jun 2014£145,000First Sale

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

GREAT NORTHERN TERRACE, LN5 8HN Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £76,084 median price is £76,000 Standard Deviation is £40,386 with Total Sold: 1,327
    • The Last 5 Year average price is £127,372 with Total Sold: 196
    • The most recent sale happened at this postcode is , 21 WALMER STREET: £120,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 5 ASHFIELD STREET: £27,000 (Sold on 27 Jan 1995)
  • Other
    • The average price is around £1,196,115 median price is £240,000 Standard Deviation is £2,282,764 with Total Sold: 26
    • The Last 5 Year average price is £561,438 with Total Sold: 16
    • The most recent sale happened at this postcode is , 31 COLEBY STREET: £115,000 (Sold on 24 Nov 2023)
    • The first recorded sale happened at this postcode is , 41A EASTBOURNE STREET: £105,000 (Sold on 07 Dec 2010)
  • Flat
    • The average price is around £62,558 median price is £57,725 Standard Deviation is £38,064 with Total Sold: 58
    • The Last 5 Year average price is £104,750 with Total Sold: 8
    • The most recent sale happened at this postcode is , 152 MONKS ROAD: £70,000 (Sold on 26 Jul 2023)
    • The first recorded sale happened at this postcode is , 210 CANNON STREET: £19,000 (Sold on 18 Apr 1996)
  • Semi-Detached
    • The average price is around £79,317 median price is £76,000 Standard Deviation is £43,258 with Total Sold: 71
    • The Last 5 Year average price is £115,800 with Total Sold: 5
    • The most recent sale happened at this postcode is , 1 LYTTON STREET: £87,500 (Sold on 28 Apr 2023)
    • The first recorded sale happened at this postcode is , 74 WINN STREET: £29,000 (Sold on 08 Sep 1995)
  • Detached
    • The average price is around £116,568 median price is £115,000 Standard Deviation is £53,021 with Total Sold: 25
    • The Last 5 Year average price is £176,500 with Total Sold: 4
    • The most recent sale happened at this postcode is , 255 MONKS ROAD: £210,000 (Sold on 29 Jul 2022)
    • The first recorded sale happened at this postcode is , 3 TEMPEST STREET: £56,000 (Sold on 28 May 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£135,239 £1,464 11
2023£132,335 £1,492 44
2022£143,056 £1,655 50
2021£125,231 £1,523 37
2020£110,713 £1,391 23
2019£107,155 £1,210 31
2018£107,699 £1,279 38
2017£104,618 £1,217 30
2016£110,979 £1,242 38
2015£107,756 £1,201 37
2014£98,152 £1,139 50
2013£83,259 £1,011 39
2012£84,271 £975 24
2011£80,485 £964 26
2010£87,041 £1,278 16
2009£75,856 £980 21
2008£90,496 £1,085 24
2007£96,403 £1,205 52
2006£99,296 £1,101 56
2005£87,722 £1,072 53
2004£85,415 £1,036 75
2003£66,728 £773 68
2002£51,370 £577 77
2001£35,871 £422 88
2000£32,896 £383 53
1999£31,480 £372 66
1998£30,378 £353 47
1997£30,812 £393 70
1996£30,398 £338 40
1995£28,734 £360 43
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£143,333 £1,813 3
2022£10,0001
2021£710,600 £11,348 5
2020£285,0006
2019£3,280,0001
2018£3,423,3333
2017£248,5001
2016£1,043,3333
2015£162,5001
2014£8,200,0001
2010£105,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£85,000 £1,213 2
2022£92,500 £1,666 2
2020£96,500 £1,716 2
2019£145,000 £1,268 2
2018£68,000 £1,352 3
2017£74,750 £2,239 2
2016£69,500 £1,139 2
2015£95,125 £1,330 4
2013£50,500 £1,338 2
2012£49,000 £1,043 1
2011£66,150 £1,416 5
2010£54,000 £1,367 1
2009£55,000 £686 1
2008£108,738 £1,226 4
2007£73,000 £948 1
2006£66,725 £1,374 2
2005£43,896 £793 4
2004£35,268 £1,295 3
2003£34,190 £487 5
2002£24,000 £522 1
2001£29,250 £328 2
1999£22,475 £378 2
1998£27,000 £340 2
1997£22,000 £274 1
1996£15,220 £326 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£89,500 £1,271 2
2022£200,000 £1,389 1
2021£125,000 £2,049 1
2020£75,000 £893 1
2018£180,5001
2017£160,000 £1,126 2
2015£96,000 £1,455 1
2014£145,0001
2013£64,600 £844 2
2012£90,000 £549 1
2010£120,000 £1,223 1
2008£92,500 £1,365 2
2007£104,750 £1,201 12
2006£110,125 £882 4
2005£95,833 £831 3
2004£102,612 £1,186 4
2003£84,000 £879 4
2002£53,600 £477 5
2001£34,250 £349 2
2000£36,833 £419 3
1999£40,833 £393 3
1998£40,790 £370 5
1997£27,500 £258 4
1996£28,580 £338 5
1995£29,000 £316 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£183,667 £2,080 3
2021£155,000 £1,782 1
2015£160,000 £1,609 1
2014£175,000 £1,517 2
2012£110,000 £1,106 1
2009£134,000 £1,192 2
2007£138,500 £1,368 2
2006£125,750 £1,377 2
2005£168,750 £865 1
2004£115,0001
2003£71,475 £624 2
2002£70,000 £438 1
2000£39,000 £549 1
1999£43,0002
1997£57,000 £607 2
1996£56,000 £287 1

House Type in LN5 8HN area

The most common house types in the LN5 8HN postcode area are Flat (91), converted building (25), and Terraced (22).

Total176
Flat91
converted building25
Terraced22
Shared house14
Semi-detached12
Detached6
commercial building6
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (84), and Private rented: Private landlord or letting agency (67).

Social rented: Other social rented84
Private rented: Private landlord or letting agency67
Owned: Owns outright12
Social rented: Rents from council or Local Authority8
Private rented: Other private rented7
Owned: Owns with a mortgage or loan1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN5 8HN have 1 person in household (123), and 2 people in household (31).

1 person in household123
2 people in household31
3 people in household9
4 people in household8
7 people in household3
6 people in household2
5 people in household1
0 people in household0
8 or more people in household0