Housing Market Analysis for ST MICHAELS CLOSE, LN5 9RR

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £97,800 median price is £103,000 Standard Deviation is £49,519 with Total Sold: 5
    • The Last 5 Year average price is £176,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 ST MICHAELS CLOSE: £176,000 (Sold on 29 Sep 2021)
    • The first recorded sale happened at this postcode is 10 ST MICHAELS CLOSE: £50,000 (Sold on 24 Feb 1997)
  • Detached
    • The average price is around £241,000 median price is £241,000 Standard Deviation is £64,000 with Total Sold: 2
    • The most recent sale happened at this postcode is SPRINGFIELD HOUSE ST MICHAELS CLOSE: £305,000 (Sold on 07 Aug 2018)
    • The first recorded sale happened at this postcode is THE OLD RECTORY ST MICHAELS CLOSE: £177,000 (Sold on 23 Oct 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LN5 9RR 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£176,000 £2,228 1
2012£120,000 £1,465 1
2008£103,0001
1999£40,000 £408 1
1997£50,000 £420 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£305,000 £1,753 1
1997£177,0001

All the Sales in the ST MICHAELS CLOSE, LN5 9RR

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

AddressSold DatePrice% Change
6 ST MICHAELS CLOSESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1930-194929 Sep 2021£176,000First Sale
SPRINGFIELD HOUSE ST MICHAELS CLOSEDetached, FreeholdArea: 174 Sq.mtrAge: 1950-196607 Aug 2018£305,000First Sale
11 ST MICHAELS CLOSESemi-Detached, FreeholdArea: 81.906 Sq.mtrAge: 1950-196614 Sep 2012£120,000First Sale
12 ST MICHAELS CLOSESemi-Detached, Freehold12 Sep 2008£103,000First Sale
7 ST MICHAELS CLOSESemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1950-196631 Mar 1999£40,000First Sale
THE OLD RECTORY ST MICHAELS CLOSEDetached, Freehold23 Oct 1997£177,000First Sale
10 ST MICHAELS CLOSESemi-Detached, FreeholdArea: 119 Sq.mtrAge: 1930-194924 Feb 1997£50,000First Sale

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

ST MICHAELS CLOSE, LN5 9RR Near By properties

Interactive Map

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

  • Detached
    • The average price is around £195,079 median price is £187,000 Standard Deviation is £105,764 with Total Sold: 377
    • The Last 5 Year average price is £289,181 with Total Sold: 108
    • 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 , HAYWARDS STAPLES LANE: £45,000 (Sold on 07 Feb 1995)
  • Semi-Detached
    • The average price is around £125,637 median price is £120,000 Standard Deviation is £66,875 with Total Sold: 298
    • The Last 5 Year average price is £183,828 with Total Sold: 80
    • 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)
  • Terraced
    • The average price is around £116,123 median price is £115,000 Standard Deviation is £50,414 with Total Sold: 141
    • The Last 5 Year average price is £171,455 with Total Sold: 29
    • The most recent sale happened at this postcode is , 8 MILLERS ROAD: £172,500 (Sold on 24 Nov 2023)
    • The first recorded sale happened at this postcode is , 12 BLACKS CLOSE: £36,500 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £320,780 median price is £281,872 Standard Deviation is £243,435 with Total Sold: 16
    • The Last 5 Year average price is £340,374 with Total Sold: 12
    • 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)
  • Flat
    • The average price is around £36,611 median price is £34,000 Standard Deviation is £6,372 with Total Sold: 9
    • The most recent sale happened at this postcode is 1, ST PAULS COURT HIGH STREET: £34,000 (Sold on 24 May 2002)
    • The first recorded sale happened at this postcode is 2, ST PAULS COURT HIGH STREET: £29,000 (Sold on 23 Aug 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£396,6673
2023£312,812 £2,846 8
2022£304,813 £2,668 30
2021£255,579 £2,928 28
2020£299,144 £2,412 18
2019£278,752 £2,615 21
2018£276,300 £2,247 10
2017£247,467 £1,974 15
2016£207,346 £1,873 12
2015£206,704 £2,231 12
2014£251,250 £1,875 10
2013£183,688 £1,661 16
2012£234,833 £1,921 6
2011£209,190 £1,563 5
2010£170,000 £1,496 7
2009£157,312 £1,659 8
2008£158,452 £1,242 7
2007£238,192 £2,200 13
2006£176,131 £1,771 14
2005£193,045 £1,458 11
2004£162,444 £1,445 9
2003£176,000 £1,498 7
2002£114,760 £1,013 15
2001£94,997 £907 18
2000£86,441 £718 16
1999£85,790 £868 11
1998£67,564 £719 7
1997£81,060 £629 15
1996£62,625 £534 10
1995£63,500 £743 15
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£255,0001
2023£193,633 £3,032 12
2022£221,181 £2,853 13
2021£178,657 £2,190 22
2020£161,705 £2,308 11
2019£168,719 £2,374 21
2018£184,825 £2,336 12
2017£186,100 £2,134 10
2016£141,575 £1,894 10
2015£137,925 £1,781 8
2014£123,931 £1,573 8
2013£110,592 £1,312 6
2012£109,681 £1,471 8
2011£97,238 £1,633 4
2010£129,788 £2,047 4
2009£128,100 £1,307 10
2008£120,362 £871 4
2007£141,688 £1,922 8
2006£147,136 £1,612 18
2005£127,500 £1,804 6
2004£151,429 £1,817 7
2003£89,878 £1,326 9
2002£69,443 £1,069 18
2001£48,472 £753 11
2000£56,028 £610 9
1999£51,750 £607 7
1998£48,045 £616 10
1997£48,338 £563 13
1996£47,800 £671 9
1995£36,444 £660 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£153,750 £2,178 2
2022£194,393 £2,591 14
2021£135,000 £2,241 2
2020£152,670 £2,397 5
2019£151,642 £2,251 6
2018£163,575 £1,691 6
2017£164,612 £2,292 4
2016£142,167 £1,955 6
2015£126,492 £1,712 12
2014£99,255 £1,549 10
2013£108,758 £2,076 1
2012£101,738 £1,502 4
2011£104,917 £1,986 3
2010£107,990 £1,471 13
2009£111,500 £1,614 5
2007£175,000 £1,909 2
2006£129,812 £1,594 8
2005£118,000 £1,488 2
2004£93,033 £1,611 3
2003£69,583 £1,276 6
2002£54,490 £1,099 5
2001£48,750 £759 10
2000£50,6252
1999£58,500 £699 2
1998£44,500 £500 1
1997£39,500 £595 2
1996£36,717 £695 3
1995£36,500 £545 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£108,144 £1,319 1
2021£443,449 £7,229 8
2020£178,750 £2,483 1
2019£125,000 £1,009 2
2018£85,000 £685 1
2017£439,000 £7,836 2
2014£85,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
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 in LN5 9RR area

The most common house types in the LN5 9RR postcode area are Detached (83), Semi-detached (36), and Terraced (21).

Total150
Detached83
Semi-detached36
Terraced21
Flat4
commercial building3
converted building2
Shared house1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (77), and Owned: Owns with a mortgage or loan (40).

Owned: Owns outright77
Owned: Owns with a mortgage or loan40
Private rented: Private landlord or letting agency27
Social rented: Rents from council or Local Authority5
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN5 9RR have 2 people in household (61), and 1 person in household (49).

2 people in household61
1 person in household49
3 people in household18
4 people in household13
5 people in household6
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0