Housing Market Analysis for GREAT NORTHERN WAY, LN5 8XF

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

Overview of Sold House prices

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

  • Other
    • The average price is around £207,500 median price is £207,500 Standard Deviation is £12,500 with Total Sold: 2
    • The Last 5 Year average price is £220,000 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 5 GREAT NORTHERN WAY: £220,000 (Sold on 17 Jan 2020)
    • The first recorded sale happened at this postcode is UNIT 8 GREAT NORTHERN WAY: £195,000 (Sold on 29 Jun 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average LN5 8XF 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
2020£220,0001
2018£195,0001

All the Sales in the GREAT NORTHERN WAY, LN5 8XF

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

AddressSold DatePrice% Change
UNIT 5 GREAT NORTHERN WAYOther, Freehold17 Jan 2020£220,000First Sale
UNIT 8 GREAT NORTHERN WAYOther, Freehold29 Jun 2018£195,000First Sale

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

GREAT NORTHERN WAY, LN5 8XF Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £67,126 median price is £67,075 Standard Deviation is £35,462 with Total Sold: 426
    • The Last 5 Year average price is £115,108 with Total Sold: 61
    • 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 , 12 ARCHER STREET: £23,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £74,728 median price is £77,500 Standard Deviation is £36,789 with Total Sold: 37
    • The Last 5 Year average price is £83,800 with Total Sold: 5
    • The most recent sale happened at this postcode is , 2 THESIGER STREET: £75,000 (Sold on 05 Oct 2023)
    • The first recorded sale happened at this postcode is , 107 - 109 PORTLAND STREET: £25,000 (Sold on 28 Mar 1996)
  • Other
    • The average price is around £1,316,038 median price is £240,000 Standard Deviation is £2,087,034 with Total Sold: 33
    • The Last 5 Year average price is £824,451 with Total Sold: 20
    • The most recent sale happened at this postcode is , 129 CANWICK ROAD: £39,000 (Sold on 08 Sep 2023)
    • The first recorded sale happened at this postcode is , ENTERPRISE HOUSE WITHAM PARK: £8,200,000 (Sold on 21 Oct 2014)
  • Flat
    • The average price is around £57,579 median price is £59,500 Standard Deviation is £29,844 with Total Sold: 63
    • The Last 5 Year average price is £88,098 with Total Sold: 16
    • The most recent sale happened at this postcode is , 158 CANNON STREET: £100,000 (Sold on 31 May 2023)
    • The first recorded sale happened at this postcode is , 210 CANNON STREET: £19,000 (Sold on 18 Apr 1996)
  • Detached
    • The average price is around £164,450 median price is £162,500 Standard Deviation is £98,370 with Total Sold: 8
    • The most recent sale happened at this postcode is , CEMETERY LODGE CANWICK ROAD: £230,100 (Sold on 23 Mar 2018)
    • The first recorded sale happened at this postcode is , 123 CANWICK ROAD: £51,000 (Sold on 07 Mar 1997)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£123,100 £1,481 5
2023£122,409 £1,400 11
2022£124,594 £1,635 16
2021£110,773 £1,448 11
2020£104,600 £1,550 5
2019£101,892 £1,376 13
2018£93,434 £1,364 19
2017£85,490 £1,189 5
2016£93,444 £1,244 9
2015£93,009 £1,248 14
2014£84,929 £1,186 14
2013£82,709 £1,141 8
2012£74,944 £934 9
2011£63,347 £919 6
2010£68,988 £827 4
2009£62,389 £806 9
2008£83,895 £1,221 11
2007£88,735 £1,275 23
2006£95,332 £1,428 14
2005£78,778 £1,057 9
2004£74,163 £1,053 27
2003£54,205 £757 34
2002£48,148 £650 32
2001£30,825 £442 26
2000£24,701 £340 23
1999£26,223 £359 15
1998£25,384 £351 9
1997£24,300 £340 18
1996£26,153 £414 14
1995£22,846 £346 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£84,667 £1,194 3
2021£90,000 £1,250 1
2020£75,000 £893 1
2018£180,5001
2017£125,000 £924 2
2015£81,500 £1,305 2
2014£145,0001
2013£85,0001
2007£91,583 £1,257 6
2006£95,000 £991 2
2005£76,500 £892 2
2004£49,500 £1,160 4
2003£38,000 £342 1
2002£56,0001
2001£36,000 £322 3
2000£25,000 £410 1
1999£60,000 £355 1
1997£32,000 £125 1
1996£37,650 £359 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£39,0001
2022£10,0001
2021£1,368,057 £20,854 7
2020£383,1119
2019£1,707,812 £2,024 2
2018£2,094,400 £2,381 5
2017£1,486,9143
2016£1,215,0003
2015£162,5001
2014£8,200,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£100,000 £1,213 1
2022£104,000 £1,548 2
2020£74,500 £1,529 2
2019£86,597 £1,568 11
2018£68,625 £1,289 4
2017£69,917 £1,153 3
2016£69,500 £1,139 2
2013£51,000 £1,291 1
2012£51,500 £985 3
2011£59,250 £721 2
2010£54,000 £1,367 1
2009£55,000 £686 1
2008£125,000 £1,389 1
2007£57,000 £884 2
2006£66,725 £1,374 2
2005£43,896 £793 4
2004£35,451 £881 4
2003£34,421 £519 7
2002£24,000 £522 1
2001£29,250 £328 2
1999£22,475 £378 2
1998£20,000 £208 1
1997£26,500 £274 2
1996£15,220 £326 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£230,1001
2009£150,0001
2007£175,0001
2004£297,000 £1,355 2
2003£72,500 £302 1
1999£43,0001
1997£51,000 £213 1

House Type in LN5 8XF area

The most common house types in the LN5 8XF 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 8XF 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