Housing Market Analysis for WATER LANE, LN5 9LA

Are you looking to understand LN5 9LA 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 North Kesteven postcode.

For the location information and nearby amenities in the LN5 9LA area, explore the LN5 9LA Area information page.
For comprehensive crime statistics in the LN5 9LA area, explore the LN5 9LA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN5 9LA postcode area, The average prices are as follows,

Detached
- The average price is around £244,036 median price is £241,250 Standard Deviation is £115,222 with Total Sold: 28
- The Last 5 Year average price is £359,429 with Total Sold: 7
- The most recent sale happened at this postcode is 40 WATER LANE: £500,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is 16 WATER LANE: £345,000 (Sold on 12 Jan 2024)
Semi-Detached
- The average price is around £170,736 median price is £146,000 Standard Deviation is £133,175 with Total Sold: 16
- The Last 5 Year average price is £540,000 with Total Sold: 1
- The most recent sale happened at this postcode is 9 WATER LANE: £540,000 (Sold on 08 Dec 2021)
- The first recorded sale happened at this postcode is 18 WATER LANE: £28,500 (Sold on 29 Sep 1995)
Other
- The average price is around £267,750 median price is £267,750 Standard Deviation is £7,250 with Total Sold: 2
- The Last 5 Year average price is £260,500 with Total Sold: 1
- The most recent sale happened at this postcode is 32A WATER LANE: £260,500 (Sold on 12 Mar 2021)
- The first recorded sale happened at this postcode is 16 WATER LANE: £275,000 (Sold on 13 Aug 2018)
Terraced
- The average price is around £125,000 median price is £125,000 Standard Deviation is £5,000 with Total Sold: 2
- The most recent sale happened at this postcode is 4 WATER LANE: £130,000 (Sold on 24 Jul 2015)
- The first recorded sale happened at this postcode is 2 WATER LANE: £120,000 (Sold on 27 Feb 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average LN5 9LA 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£422,500		2
2022	£297,500	£2,796	2
2020	£358,667	£2,787	3
2015	£215,000	£1,886	1
2012	£97,500	£1,047	1
2011	£281,667	£1,663	3
2010	£150,000	£1,818	1
2008	£248,667	£1,494	3
2007	£236,333	£1,573	6
2006	£178,000		1
2003	£196,000	£925	1
2000	£119,500	£561	2
1999	£187,500		1
1998	£45,000	£211	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£540,000		1
2019	£280,000	£2,425	1
2018	£229,783	£2,188	1
2017	£260,000	£2,252	1
2011	£158,750	£1,516	2
2008	£180,000	£1,714	1
2007	£223,375	£1,744	2
2004	£132,000	£1,257	1
2003	£160,000	£1,615	1
2002	£54,750	£832	1
2000	£38,500	£585	1
1997	£21,500	£327	1
1996	£42,500	£405	1
1995	£28,500	£271	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£260,500		1
2018	£275,000	£3,313	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£125,000	£1,725	2

All the Sales in the WATER LANE, LN5 9LA

See the table below for more details on the sold house prices in the LN5 9LA, North Kesteven postcode.

Address	Sold Date	Price	% Change
40 WATER LANEDetached, Freehold	24 May 2024	£500,000	First Sale
1A WATER LANEDetached, FreeholdArea: 114 Sq.mtrAge: 2007 onwards	29 Apr 2022	£315,000	46.51%
	10 Jun 2015	£215,000	First Sale
9 WATER LANESemi-Detached, Freehold	08 Dec 2021	£540,000	62.65%
9 WATER LANESemi-Detached, Freehold	11 Apr 2007	£332,000	First Sale
32A WATER LANEOther, Freehold	12 Mar 2021	£260,500	38.93%
32A WATER LANEOther, Freehold	23 Jun 1999	£187,500	First Sale
HEDGEROW HOUSE, 7A WATER LANEDetached, Freehold	16 Sep 2020	£393,000	First Sale
11 WATER LANEDetached, FreeholdArea: 139 Sq.mtrAge: 1900-1929	07 Sep 2020	£400,000	128.57%
	15 Feb 2008	£175,000	First Sale
3 WATER LANEDetached, FreeholdArea: 104.96 Sq.mtrAge: before 1900	27 Aug 2020	£283,000	146.09%
	26 Jul 2011	£115,000	First Sale
28 WATER LANESemi-Detached, FreeholdArea: 115.45 Sq.mtrAge: before 1900	06 Dec 2019	£280,000	7.69%
	04 May 2017	£260,000	116.67%
	21 Jan 2011	£120,000	First Sale
16 WATER LANEOther, FreeholdArea: 83 Sq.mtrAge: 1950-1966	13 Aug 2018	£275,000	-20.29%
16 WATER LANEOther, FreeholdArea: 83 Sq.mtrAge: 1950-1966	12 Jan 2024	£345,000	First Sale
18 WATER LANESemi-Detached, FreeholdArea: 105 Sq.mtrAge: before 1900	07 Aug 2018	£229,783	27.66%
	30 Jul 2008	£180,000	36.36%
	01 Oct 2004	£132,000	363.16%
	29 Sep 1995	£28,500	First Sale
4 WATER LANETerraced, FreeholdArea: 80 Sq.mtrAge: before 1900	24 Jul 2015	£130,000	First Sale
2 WATER LANETerraced, FreeholdArea: 65.78 Sq.mtrAge: before 1900	27 Feb 2015	£120,000	4.58%
	19 Dec 2007	£114,750	109.59%
	24 May 2002	£54,750	42.21%
	07 Jul 2000	£38,500	79.07%
	14 Nov 1997	£21,500	First Sale
20 WATER LANEDetached, FreeholdArea: 93.08 Sq.mtrAge: before 1900	23 Apr 2012	£97,500	First Sale
15 WATER LANESemi-Detached, FreeholdArea: 99.1 Sq.mtrAge: before 1900	28 Oct 2011	£197,500	23.44%
	20 Jun 2003	£160,000	First Sale
42 WATER LANEDetached, FreeholdArea: 213.52 Sq.mtrAge: 1996-2002	26 May 2011	£485,000	977.78%
	24 Jul 1998	£45,000	First Sale
1 WATER LANEDetached, FreeholdArea: 150.98 Sq.mtrAge: before 1900	27 Apr 2011	£245,000	3.16%
	14 Dec 2007	£237,500	First Sale
19 WATER LANEDetached, FreeholdArea: 82.51 Sq.mtrAge: 1950-1966	26 Mar 2010	£150,000	First Sale
7A WATER LANEDetached, FreeholdArea: 187 Sq.mtrAge: 1976-1982	03 Nov 2008	£323,500	First Sale
23A WATER LANEDetached, Freehold	15 Feb 2008	£247,500	First Sale
5A WATER LANEDetached, Freehold	14 Dec 2007	£279,000	210.00%
5A WATER LANEDetached, Freehold	06 Feb 2007	£90,000	First Sale
7B WATER LANEDetached, Freehold	10 Dec 2007	£371,500	First Sale
WILLOW TREE FARM, 32 WATER LANEDetached, Freehold	03 Oct 2007	£250,000	First Sale
30 WATER LANEDetached, Freehold	16 Mar 2007	£190,000	6.74%
30 WATER LANEDetached, Freehold	25 Aug 2006	£178,000	First Sale
38 WATER LANEDetached, FreeholdArea: 212 Sq.mtrAge: before 1900	21 Jan 2003	£196,000	64.71%
	24 Jul 2000	£119,000	First Sale
29 WATER LANEDetached, Freehold	25 Aug 2000	£120,000	First Sale
17 WATER LANESemi-Detached, FreeholdArea: 105 Sq.mtrAge: before 1900	03 May 1996	£42,500	First Sale
33 WATER LANEDetached, FreeholdArea: 99 Sq.mtrAge: before 1900	17 Nov 2022	£280,000	First Sale

Check out the sold house prices near the LN5 9LA postcode. Properties currently for saleProperties currently for rent

WATER LANE, LN5 9LA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN5 9LA 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 9LA postcode.

Detached
- The average price is around £219,901 median price is £187,500 Standard Deviation is £136,015 with Total Sold: 437
- The Last 5 Year average price is £377,858 with Total Sold: 53
- The most recent sale happened at this postcode is , 40 WATER LANE: £500,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 14 BADGERS OAK: £128,000 (Sold on 02 Feb 1995)
Other
- The average price is around £147,393 median price is £92,500 Standard Deviation is £128,026 with Total Sold: 14
- The Last 5 Year average price is £177,200 with Total Sold: 5
- The most recent sale happened at this postcode is , 26 HIGH STREET: £352,500 (Sold on 03 Apr 2024)
- The first recorded sale happened at this postcode is , 27 HIGH STREET: £18,000 (Sold on 14 Oct 2013)
Semi-Detached
- The average price is around £129,969 median price is £115,000 Standard Deviation is £78,124 with Total Sold: 215
- The Last 5 Year average price is £211,245 with Total Sold: 31
- The most recent sale happened at this postcode is , 15 HAWTHORN WAY: £170,000 (Sold on 26 Mar 2024)
- The first recorded sale happened at this postcode is , 49 LINCOLN ROAD: £40,000 (Sold on 31 Mar 1995)
Terraced
- The average price is around £88,636 median price is £84,000 Standard Deviation is £49,811 with Total Sold: 71
- The Last 5 Year average price is £162,625 with Total Sold: 4
- The most recent sale happened at this postcode is , 52 HIGH STREET: £152,000 (Sold on 03 Nov 2023)
- The first recorded sale happened at this postcode is , 18 BROCKLEBANK CLOSE: £40,000 (Sold on 06 Jan 1995)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£351,250	£2,151	4
2023	£359,250	£2,994	4
2022	£370,933	£3,013	15
2021	£388,676	£2,771	17
2020	£385,615	£2,540	13
2019	£293,465	£2,199	13
2018	£378,950	£2,271	11
2017	£336,833	£2,213	12
2016	£271,219	£1,987	16
2015	£265,354	£1,906	12
2014	£316,804	£2,021	13
2013	£320,884	£1,950	14
2012	£286,763	£1,647	15
2011	£292,150	£1,657	14
2010	£198,805	£1,772	11
2009	£274,375	£1,404	4
2008	£241,549	£1,435	12
2007	£212,471	£1,588	17
2006	£207,870	£1,935	12
2005	£174,979	£1,298	10
2004	£237,814	£1,756	11
2003	£168,809	£1,351	16
2002	£165,365	£821	23
2001	£133,745	£886	22
2000	£121,244	£731	25
1999	£116,611	£750	18
1998	£99,379	£604	24
1997	£112,923	£644	18
1996	£86,756	£442	18
1995	£100,322	£575	23

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£352,500		1
2023	£99,000		2
2021	£167,750		2
2019	£99,000	£1,006	3
2018	£248,333	£2,385	3
2017	£58,750	£431	2
2013	£18,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£158,333	£2,139	3
2023	£209,000	£2,480	5
2022	£232,250	£3,097	6
2021	£221,250	£2,448	8
2020	£207,233	£2,460	9
2019	£254,143	£2,539	7
2018	£234,957	£2,432	5
2017	£170,333	£2,184	6
2016	£235,000	£2,282	1
2015	£147,000	£1,832	8
2014	£223,750	£1,644	4
2013	£146,200	£1,592	5
2012	£193,000	£1,697	3
2011	£141,072	£1,551	9
2010	£142,817	£1,426	6
2009	£99,666	£1,590	6
2008	£172,333	£1,811	6
2007	£171,750	£1,867	9
2006	£120,885	£1,708	13
2005	£113,500	£1,845	7
2004	£135,790	£1,574	5
2003	£110,931	£1,223	9
2002	£80,050	£976	15
2001	£78,594	£841	9
2000	£53,367	£658	12
1999	£50,775	£695	12
1998	£46,729	£727	14
1997	£33,417	£327	3
1996	£60,200	£486	5
1995	£48,400	£395	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£152,000	£2,576	1
2022	£175,500	£2,467	2
2021	£147,500	£2,418	1
2019	£169,333	£2,644	3
2018	£143,000	£2,424	1
2017	£140,000	£2,231	1
2016	£128,333	£1,796	3
2015	£125,000	£1,725	2
2014	£131,800	£2,219	5
2013	£195,000	£2,600	1
2011	£97,000	£823	1
2010	£169,000	£2,253	1
2008	£130,000	£2,072	1
2007	£124,950	£2,063	2
2006	£97,500	£1,842	2
2005	£122,000	£1,944	2
2004	£105,500	£1,608	4
2003	£91,975	£1,694	2
2002	£45,828	£747	3
2001	£51,882	£1,026	11
2000	£41,250	£682	2
1999	£55,230	£637	5
1998	£50,125	£735	4
1997	£33,512	£614	4
1996	£36,488	£480	4
1995	£41,500	£400	3

House Type in LN5 9LA area

The most common house types in the LN5 9LA postcode area are Detached (106), Semi-detached (35), and Terraced (14).

Total	156
Detached	106
Semi-detached	35
Terraced	14
Shared house	1
Flat	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 (82), and Owned: Owns with a mortgage or loan (50).

Owned: Owns outright	82
Owned: Owns with a mortgage or loan	50
Private rented: Private landlord or letting agency	9
Private rented: Other private rented	8
Social rented: Rents from council or Local Authority	6
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LN5 9LA have 2 people in household (61), and 1 person in household (43).

2 people in household	61
1 person in household	43
3 people in household	26
4 people in household	21
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0