Housing Market Analysis for GARRICK CLOSE, LN5 8TG

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £99,912 median price is £112,300 Standard Deviation is £46,575 with Total Sold: 21
- The Last 5 Year average price is £175,667 with Total Sold: 3
- The most recent sale happened at this postcode is 15 GARRICK CLOSE: £190,000 (Sold on 30 Jun 2023)
- The first recorded sale happened at this postcode is 22 GARRICK CLOSE: £35,000 (Sold on 05 Jan 1996)
Detached
- The average price is around £109,797 median price is £117,500 Standard Deviation is £44,875 with Total Sold: 18
- The Last 5 Year average price is £200,000 with Total Sold: 2
- The most recent sale happened at this postcode is 10 GARRICK CLOSE: £195,000 (Sold on 06 Apr 2023)
- The first recorded sale happened at this postcode is 23 GARRICK CLOSE: £49,500 (Sold on 18 Jul 1997)
Terraced
- The average price is around £139,500 median price is £139,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 17 GARRICK CLOSE: £139,500 (Sold on 18 May 2006)
- The first recorded sale happened at this postcode is 17 GARRICK CLOSE: £139,500 (Sold on 18 May 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average LN5 8TG 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£190,000	£2,879	1
2021	£173,000	£2,983	1
2019	£164,000	£2,828	1
2018	£133,750	£2,148	2
2016	£129,950	£2,167	1
2013	£120,000	£1,818	1
2012	£115,000	£1,361	1
2011	£112,300	£1,873	1
2007	£112,167	£1,383	3
2003	£88,950		1
2002	£72,500	£710	2
2001	£51,500		1
1998	£41,500		1
1997	£42,995	£717	1
1996	£39,983	£414	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£195,000	£2,868	1
2019	£205,000	£3,154	1
2016	£127,500	£2,833	1
2015	£135,000	£2,035	3
2014	£118,000	£1,686	1
2011	£119,000	£1,923	1
2010	£118,000	£1,811	3
2003	£97,500		1
2002	£77,450	£1,305	2
1999	£54,000	£647	2
1998	£42,950		1
1997	£49,500	£760	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£139,500		1

All the Sales in the GARRICK CLOSE, LN5 8TG

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

Address	Sold Date	Price	% Change
15 GARRICK CLOSESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1967-1975	30 Jun 2023	£190,000	58.33%
	30 May 2013	£120,000	4.35%
	29 Mar 2007	£115,000	First Sale
10 GARRICK CLOSEDetached, FreeholdArea: 68 Sq.mtrAge: 1976-1982	06 Apr 2023	£195,000	343.18%
	10 May 1999	£44,000	First Sale
20 GARRICK CLOSESemi-Detached, FreeholdArea: 58 Sq.mtrAge: 1967-1975	04 Jun 2021	£173,000	5.49%
	25 Jan 2019	£164,000	41.38%
	28 Mar 2018	£116,000	First Sale
7 GARRICK CLOSEDetached, FreeholdArea: 65 Sq.mtrAge: 1967-1975	12 Dec 2019	£205,000	60.16%
	20 Mar 2015	£128,000	First Sale
24 GARRICK CLOSESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1976-1982	27 Nov 2018	£151,500	First Sale
16 GARRICK CLOSESemi-Detached, FreeholdArea: 59.96 Sq.mtrAge: 1967-1975	28 Jun 2016	£129,950	15.72%
	21 Sep 2011	£112,300	161.19%
	30 Jun 1997	£42,995	First Sale
19 GARRICK CLOSEDetached, FreeholdArea: 45 Sq.mtrAge: 1967-1975	04 Feb 2016	£127,500	First Sale
2 GARRICK CLOSEDetached, FreeholdArea: 66.99 Sq.mtrAge: 1976-1982	16 Dec 2015	£152,000	24.59%
	27 Oct 2010	£122,000	First Sale
4 GARRICK CLOSEDetached, FreeholdArea: 67 Sq.mtrAge: 1967-1975	16 Feb 2015	£125,000	First Sale
5 GARRICK CLOSEDetached, FreeholdArea: 70 Sq.mtrAge: 1967-1975	17 Jan 2014	£118,000	First Sale
22 GARRICK CLOSESemi-Detached, FreeholdArea: 84.5 Sq.mtrAge: 1967-1975	23 May 2012	£115,000	32.95%
	29 Oct 2007	£86,500	44.17%
	08 Mar 2002	£60,000	71.43%
	05 Jan 1996	£35,000	First Sale
12 GARRICK CLOSEDetached, FreeholdArea: 61.89 Sq.mtrAge: 1967-1975	13 Oct 2011	£119,000	First Sale
6 GARRICK CLOSEDetached, FreeholdArea: 63.36 Sq.mtrAge: 1967-1975	21 Jul 2010	£117,000	First Sale
23 GARRICK CLOSEDetached, FreeholdArea: 65.1 Sq.mtrAge: 1976-1982	18 Mar 2010	£115,000	35.37%
	08 Jul 2002	£84,950	71.62%
	18 Jul 1997	£49,500	First Sale
11 GARRICK CLOSESemi-Detached, Freehold	12 Jul 2007	£135,000	58.82%
	13 Sep 2002	£85,000	102.38%
	26 Jan 1996	£42,000	First Sale
17 GARRICK CLOSETerraced, Freehold	18 May 2006	£139,500	First Sale
3 GARRICK CLOSEDetached, Freehold	24 Jan 2003	£97,500	First Sale
9 GARRICK CLOSESemi-Detached, Freehold	24 Jan 2003	£88,950	114.34%
9 GARRICK CLOSESemi-Detached, Freehold	15 Jan 1998	£41,500	First Sale
1 GARRICK CLOSEDetached, Freehold	06 Mar 2002	£69,950	62.86%
1 GARRICK CLOSEDetached, Freehold	30 Oct 1998	£42,950	First Sale
13 GARRICK CLOSESemi-Detached, Freehold	25 May 2001	£51,500	First Sale
21 GARRICK CLOSEDetached, Freehold	20 Aug 1999	£64,000	First Sale
14 GARRICK CLOSESemi-Detached, Freehold	16 Feb 1996	£42,950	First Sale

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

GARRICK CLOSE, LN5 8TG Near By properties

Interactive Map

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

Terraced
- The average price is around £85,946 median price is £92,725 Standard Deviation is £39,625 with Total Sold: 636
- The Last 5 Year average price is £135,508 with Total Sold: 102
- The most recent sale happened at this postcode is , 179 LARNE ROAD: £170,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 4 SPERRIN CLOSE: £31,950 (Sold on 16 Jan 1995)
Semi-Detached
- The average price is around £98,094 median price is £104,000 Standard Deviation is £46,042 with Total Sold: 997
- The Last 5 Year average price is £170,143 with Total Sold: 124
- The most recent sale happened at this postcode is , 8 SIDLAW GROVE: £184,500 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 17 NEWHAVEN DRIVE: £40,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £120,564 median price is £122,500 Standard Deviation is £59,937 with Total Sold: 630
- The Last 5 Year average price is £207,352 with Total Sold: 83
- The most recent sale happened at this postcode is , 14 PULLAN CLOSE: £220,000 (Sold on 08 Aug 2024)
- The first recorded sale happened at this postcode is , 51 CHILTERN ROAD: £37,000 (Sold on 12 Jan 1995)
Other
- The average price is around £114,500 median price is £94,000 Standard Deviation is £75,454 with Total Sold: 4
- The Last 5 Year average price is £114,500 with Total Sold: 4
- The most recent sale happened at this postcode is , 30 STRAHANE CLOSE: £230,000 (Sold on 01 Jul 2024)
- The first recorded sale happened at this postcode is , 133 LARNE ROAD: £133,000 (Sold on 16 Nov 2020)
Flat
- The average price is around £52,803 median price is £53,250 Standard Deviation is £27,603 with Total Sold: 16
- The Last 5 Year average price is £87,333 with Total Sold: 3
- The most recent sale happened at this postcode is , 17 DUNMORE CLOSE: £93,000 (Sold on 26 Nov 2021)
- The first recorded sale happened at this postcode is , 189 LARNE ROAD: £25,000 (Sold on 31 Jul 1996)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£146,857	£2,128	7
2023	£131,458	£2,200	18
2022	£143,349	£2,400	18
2021	£143,096	£2,207	24
2020	£128,354	£2,109	14
2019	£124,571	£2,073	21
2018	£123,781	£1,939	21
2017	£119,793	£1,814	23
2016	£116,634	£1,849	26
2015	£109,539	£1,794	23
2014	£105,652	£1,619	26
2013	£99,312	£1,571	16
2012	£91,231	£1,603	13
2011	£83,750	£1,214	2
2010	£108,909	£1,503	11
2009	£97,350	£1,349	10
2008	£101,181	£1,656	11
2007	£103,575	£1,657	25
2006	£99,657	£1,588	35
2005	£98,667	£1,692	15
2004	£87,905	£1,492	29
2003	£77,044	£1,317	26
2002	£56,707	£923	33
2001	£42,600	£706	41
2000	£39,636	£619	29
1999	£33,300	£536	24
1998	£34,680	£527	21
1997	£35,816	£520	27
1996	£33,422	£568	23
1995	£34,136	£533	24

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£188,083	£2,500	6
2023	£182,341	£2,627	24
2022	£191,304	£2,628	23
2021	£165,844	£2,393	32
2020	£154,000	£2,111	16
2019	£148,783	£2,077	23
2018	£147,500	£2,012	27
2017	£138,544	£2,042	24
2016	£136,162	£1,884	33
2015	£132,450	£1,772	33
2014	£120,122	£1,723	23
2013	£116,770	£1,536	27
2012	£110,400	£1,587	21
2011	£107,425	£1,418	20
2010	£110,085	£1,653	23
2009	£108,810	£1,488	21
2008	£117,930	£1,646	15
2007	£120,537	£1,699	42
2006	£117,999	£1,649	55
2005	£112,970	£1,543	40
2004	£109,033	£1,519	36
2003	£95,138	£1,347	52
2002	£70,286	£944	58
2001	£53,617	£725	72
2000	£49,609	£671	39
1999	£44,045	£631	32
1998	£42,517	£582	41
1997	£41,277	£562	47
1996	£40,542	£584	47
1995	£38,859	£582	45

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£216,389	£3,848	9
2023	£239,643	£2,925	7
2022	£211,430	£2,812	15
2021	£221,281	£2,587	16
2020	£201,033	£2,358	15
2019	£183,702	£2,362	21
2018	£186,897	£2,214	19
2017	£172,855	£2,183	19
2016	£169,162	£2,055	21
2015	£149,911	£1,862	23
2014	£146,720	£1,661	20
2013	£133,700	£1,745	25
2012	£130,184	£1,692	16
2011	£168,272	£1,637	9
2010	£129,393	£1,637	14
2009	£152,429	£1,553	7
2008	£119,807	£1,407	14
2007	£150,102	£1,726	24
2006	£136,283	£1,522	29
2005	£139,139	£1,655	15
2004	£132,937	£1,541	20
2003	£106,655	£1,290	20
2002	£90,830	£1,036	35
2001	£69,167	£819	42
2000	£58,622	£699	27
1999	£58,109	£723	28
1998	£57,236	£661	35
1997	£58,221	£613	24
1996	£55,475	£600	33
1995	£54,307	£582	28

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£135,000		2
2023	£55,000		1
2020	£133,000	£2,418	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£93,000	£2,428	1
2020	£85,000	£1,771	1
2019	£84,000	£1,787	1
2015	£84,950	£1,440	1
2014	£84,950	£1,517	1
2013	£54,500	£1,160	1
2010	£64,950	£1,696	1
2006	£74,000	£1,510	1
2003	£52,000	£929	1
2001	£27,750	£530	2
2000	£22,500	£464	2
1999	£19,500	£509	1
1997	£22,500	£459	1
1996	£25,000		1

House Type in LN5 8TG area

The most common house types in the LN5 8TG postcode area are Detached (71), Semi-detached (38), and Terraced (5).

Total	115
Detached	71
Semi-detached	38
Terraced	5
Flat	1
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (65), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright	65
Owned: Owns with a mortgage or loan	43
Private rented: Private landlord or letting agency	7
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LN5 8TG have 2 people in household (53), and 1 person in household (32).

2 people in household	53
1 person in household	32
3 people in household	18
4 people in household	8
5 people in household	6
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0