Housing Market Analysis for LOTUS CLOSE, LN5 9LU

Are you looking to understand LN5 9LU 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 9LU area, explore the LN5 9LU Area information page.
For comprehensive crime statistics in the LN5 9LU area, explore the LN5 9LU Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £153,939 median price is £164,250 Standard Deviation is £71,498 with Total Sold: 14
    • The Last 5 Year average price is £216,500 with Total Sold: 5
    • The most recent sale happened at this postcode is 7 LOTUS CLOSE: £242,500 (Sold on 21 Jul 2022)
    • The first recorded sale happened at this postcode is 10 LOTUS CLOSE: £180,000 (Sold on 14 Feb 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average LN5 9LU 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£242,500 £2,021 1
2021£247,500 £2,434 2
2019£165,000 £1,542 1
2018£214,900 £1,592 1
2010£141,500 £2,074 2
2009£169,000 £1,681 2
1997£61,125 £483 2
1996£52,000 £486 1
1995£62,500 £484 1
2023£180,0001

All the Sales in the LOTUS CLOSE, LN5 9LU

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

AddressSold DatePrice% Change
7 LOTUS CLOSEDetached, FreeholdArea: 120 Sq.mtrAge: 1967-197521 Jul 2022£242,500First Sale
8 LOTUS CLOSEDetached, FreeholdArea: 129 Sq.mtrAge: 1967-197510 Dec 2021£255,000309.64%
15 Oct 1997£62,250-0.40%
25 Aug 1995£62,500First Sale
1 LOTUS CLOSEDetached, FreeholdArea: 83 Sq.mtrAge: 1976-198225 Jun 2021£240,000First Sale
4 LOTUS CLOSEDetached, FreeholdArea: 107 Sq.mtrAge: 1967-197502 Aug 2019£165,000217.31%
31 May 1996£52,000First Sale
12 LOTUS CLOSEDetached, FreeholdArea: 135 Sq.mtrAge: 1976-198213 Apr 2018£214,900First Sale
5 LOTUS CLOSEDetached, FreeholdArea: 68.23 Sq.mtrAge: 1950-196610 Dec 2010£163,50036.82%
18 May 2010£119,500First Sale
3 LOTUS CLOSEDetached, FreeholdArea: 74.38 Sq.mtrAge: 1967-197528 Oct 2009£125,000First Sale
2 LOTUS CLOSEDetached, Freehold29 Sep 2009£213,000255.00%
18 Mar 1997£60,000First Sale
10 LOTUS CLOSEDetached, Freehold14 Feb 2023£180,000First Sale

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

LOTUS CLOSE, LN5 9LU Near By properties

Interactive Map

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

  • Detached
    • The average price is around £179,512 median price is £163,500 Standard Deviation is £97,084 with Total Sold: 427
    • The Last 5 Year average price is £271,972 with Total Sold: 118
    • The most recent sale happened at this postcode is , PARKLANDS MERE ROAD: £310,000 (Sold on 19 Sep 2024)
    • The first recorded sale happened at this postcode is , 5 POTTERGATE CLOSE: £45,000 (Sold on 26 Jan 1995)
  • Terraced
    • The average price is around £116,384 median price is £112,750 Standard Deviation is £50,711 with Total Sold: 112
    • The Last 5 Year average price is £179,768 with Total Sold: 24
    • The most recent sale happened at this postcode is , 15 GAMBLES WAY: £206,250 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 12 BLACKS CLOSE: £36,500 (Sold on 31 Mar 1995)
  • Semi-Detached
    • The average price is around £129,500 median price is £122,500 Standard Deviation is £69,947 with Total Sold: 246
    • The Last 5 Year average price is £186,873 with Total Sold: 73
    • The most recent sale happened at this postcode is , ALEXANDRA COTTAGE FAR LANE: £255,000 (Sold on 16 Apr 2024)
    • The first recorded sale happened at this postcode is , BARN COTTAGE HIGH STREET: £34,000 (Sold on 28 Apr 1995)
  • Flat
    • The average price is around £47,977 median price is £38,500 Standard Deviation is £25,094 with Total Sold: 11
    • The Last 5 Year average price is £108,250 with Total Sold: 1
    • The most recent sale happened at this postcode is , 28 MILL MERE ROAD: £108,250 (Sold on 30 Oct 2023)
    • The first recorded sale happened at this postcode is 2, ST PAULS COURT HIGH STREET: £29,000 (Sold on 23 Aug 1995)
  • Other
    • The average price is around £589,391 median price is £174,072 Standard Deviation is £947,261 with Total Sold: 10
    • The Last 5 Year average price is £127,728 with Total Sold: 4
    • The most recent sale happened at this postcode is , 31 WORDSALL CLOSE: £108,144 (Sold on 23 Sep 2022)
    • The first recorded sale happened at this postcode is , YOUTH CENTRE HIGH STREET: £85,000 (Sold on 24 Apr 2014)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£278,7502
2023£253,525 £2,949 12
2022£278,196 £2,605 23
2021£272,970 £2,623 34
2020£266,767 £2,456 15
2019£275,373 £2,466 32
2018£238,207 £2,254 14
2017£215,967 £2,131 18
2016£195,200 £2,091 10
2015£201,188 £2,204 13
2014£215,450 £1,836 11
2013£172,417 £1,654 12
2012£208,143 £1,837 7
2011£192,600 £1,783 7
2010£148,223 £1,707 11
2009£160,708 £1,703 12
2008£144,140 £1,105 8
2007£195,905 £2,033 21
2006£170,731 £2,020 13
2005£179,765 £1,488 13
2004£151,375 £1,328 16
2003£151,333 £1,338 6
2002£108,557 £994 15
2001£90,524 £981 19
2000£72,797 £763 17
1999£79,413 £836 15
1998£62,190 £718 10
1997£75,154 £622 14
1996£44,525 £543 10
1995£53,882 £744 17
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£206,2501
2023£180,000 £2,588 2
2022£192,000 £2,683 9
2021£175,339 £2,480 5
2020£126,750 £2,243 2
2019£178,000 £2,461 5
2018£155,250 £1,867 2
2017£129,225 £2,038 2
2016£142,167 £1,955 6
2015£125,723 £1,723 11
2014£93,069 £1,644 8
2013£108,758 £2,076 1
2012£102,317 £1,557 3
2011£104,917 £1,986 3
2010£107,990 £1,471 13
2009£96,250 £1,614 4
2007£175,000 £1,909 2
2006£121,667 £1,702 6
2004£93,033 £1,611 3
2003£69,583 £1,276 6
2002£58,317 £1,099 3
2001£49,438 £847 8
1999£58,500 £699 2
1997£39,500 £595 2
1996£36,100 £695 2
1995£36,500 £664 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£255,0001
2023£142,750 £2,643 5
2022£216,950 £2,772 10
2021£181,216 £2,226 23
2020£179,875 £2,141 8
2019£188,327 £2,245 26
2018£188,485 £2,276 10
2017£189,875 £2,274 12
2016£126,050 £1,893 5
2015£133,300 £1,828 8
2014£127,985 £1,612 10
2013£102,910 £1,277 5
2012£91,250 £1,497 4
2011£97,238 £1,633 4
2010£130,830 £2,034 5
2009£127,375 £1,255 4
2008£124,750 £871 2
2007£140,667 £2,233 3
2006£149,100 £1,590 15
2005£130,750 £1,947 4
2004£148,564 £1,849 7
2003£83,993 £1,248 7
2002£63,611 £1,042 16
2001£53,877 £858 7
2000£49,438 £456 4
1999£55,750 £733 5
1998£51,472 £607 9
1997£49,095 £620 10
1996£48,878 £678 9
1995£39,875 £784 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£108,250 £1,640 1
2018£90,000 £1,364 1
2002£34,000 £721 1
2001£36,125 £753 4
1998£39,000 £827 1
1997£41,500 £770 2
1995£29,000 £621 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£108,144 £1,319 1
2021£81,385 £887 2
2019£240,000 £1,935 1
2018£1,473,333 £6,893 3
2017£439,000 £7,836 2
2014£85,0001

House Type in LN5 9LU area

The most common house types in the LN5 9LU postcode area are Detached (88), Terraced (19), and Semi-detached (18).

Total151
Detached88
Terraced19
Semi-detached18
temporary structure16
Shared house4
Flat3
commercial building3
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (71), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright71
Owned: Owns with a mortgage or loan44
Private rented: Private landlord or letting agency25
Social rented: Rents from council or Local Authority4
Social rented: Other social rented3
Private rented: Other private rented3
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LN5 9LU have 2 people in household (65), and 1 person in household (53).

2 people in household65
1 person in household53
3 people in household17
4 people in household16
5 people in household1
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0