Housing Market Analysis for LANCASTER WAY, LN6 5UF

Are you looking to understand LN6 5UF 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 LN6 5UF area, explore the LN6 5UF Area information page.
For comprehensive crime statistics in the LN6 5UF area, explore the LN6 5UF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN6 5UF postcode area, The average prices are as follows,

Detached
- The average price is around £125,466 median price is £118,250 Standard Deviation is £65,978 with Total Sold: 29
- The Last 5 Year average price is £258,000 with Total Sold: 3
- The most recent sale happened at this postcode is 4 LANCASTER WAY: £241,000 (Sold on 21 Oct 2022)
- The first recorded sale happened at this postcode is 15 LANCASTER WAY: £68,000 (Sold on 13 Jan 1995)
Semi-Detached
- The average price is around £155,000 median price is £155,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 1 LANCASTER WAY: £155,000 (Sold on 18 Mar 2008)
- The first recorded sale happened at this postcode is 1 LANCASTER WAY: £155,000 (Sold on 18 Mar 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average LN6 5UF 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
2022	£253,000	£2,924	2
2020	£268,000	£2,436	1
2017	£207,000	£2,050	1
2015	£164,500	£1,891	1
2014	£165,000	£1,919	1
2012	£176,500	£1,895	2
2011	£156,000	£1,793	1
2009	£155,500	£1,838	1
2007	£155,000	£1,782	1
2006	£184,000		1
2003	£159,950		1
2002	£119,125	£1,398	2
2001	£79,650	£921	3
1999	£66,500	£717	2
1998	£60,000		1
1997	£57,250	£658	2
1996	£62,725	£662	2
1995	£63,600	£689	4

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2008	£155,000		1

All the Sales in the LANCASTER WAY, LN6 5UF

See the table below for more details on the sold house prices in the LN6 5UF, North Kesteven postcode.

Address	Sold Date	Price	% Change
4 LANCASTER WAYDetached, FreeholdArea: 86 Sq.mtrAge: 1996-2002	21 Oct 2022	£241,000	46.06%
	10 Jul 2014	£165,000	189.73%
	10 Dec 1996	£56,950	First Sale
17 LANCASTER WAYDetached, FreeholdArea: 87 Sq.mtrAge: 1991-1995	09 Sep 2022	£265,000	61.09%
	09 Jan 2015	£164,500	5.45%
	28 Oct 2011	£156,000	0.65%
	09 Aug 2007	£155,000	169.57%
	09 May 1997	£57,500	0.88%
	28 Feb 1997	£57,000	-4.92%
	17 Jan 1995	£59,950	First Sale
16 LANCASTER WAYDetached, FreeholdArea: 110 Sq.mtrAge: 1991-1995	26 Oct 2020	£268,000	First Sale
7 LANCASTER WAYDetached, FreeholdArea: 101 Sq.mtrAge: 1991-1995	22 Sep 2017	£207,000	First Sale
5 LANCASTER WAYDetached, FreeholdArea: 84.61 Sq.mtrAge: 1991-1995	10 Aug 2012	£161,000	3.54%
	18 Dec 2009	£155,500	31.50%
	31 Oct 2002	£118,250	51.70%
	11 Dec 2001	£77,950	First Sale
10 LANCASTER WAYDetached, FreeholdArea: 101.76 Sq.mtrAge: 1991-1995	19 Jul 2012	£192,000	163.01%
	21 Jun 1999	£73,000	First Sale
1 LANCASTER WAYSemi-Detached, Freehold	18 Mar 2008	£155,000	29.17%
	06 Dec 2002	£120,000	57.89%
	25 Sep 2001	£76,000	First Sale
6 LANCASTER WAYDetached, Freehold	04 Aug 2006	£184,000	15.04%
6 LANCASTER WAYDetached, Freehold	10 Feb 2003	£159,950	First Sale
14 LANCASTER WAYDetached, Freehold	14 Dec 2001	£85,000	41.67%
	09 Feb 1998	£60,000	0.08%
	02 Jun 1995	£59,950	First Sale
3 LANCASTER WAYDetached, Freehold	18 Feb 1999	£60,000	-12.41%
3 LANCASTER WAYDetached, Freehold	20 Sep 1996	£68,500	First Sale
11 LANCASTER WAYDetached, Freehold	19 Jun 1995	£66,500	First Sale
15 LANCASTER WAYDetached, Freehold	13 Jan 1995	£68,000	First Sale

Check out the sold house prices near the LN6 5UF postcode. Properties currently for saleProperties currently for rent

LANCASTER WAY, LN6 5UF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN6 5UF 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 LN6 5UF postcode.

Detached
- The average price is around £136,690 median price is £129,950 Standard Deviation is £79,514 with Total Sold: 563
- The Last 5 Year average price is £261,214 with Total Sold: 70
- The most recent sale happened at this postcode is , 36 OLD CHAPEL ROAD: £240,000 (Sold on 09 Aug 2024)
- The first recorded sale happened at this postcode is , 15 LANCASTER WAY: £68,000 (Sold on 13 Jan 1995)
Semi-Detached
- The average price is around £102,243 median price is £98,500 Standard Deviation is £58,376 with Total Sold: 339
- The Last 5 Year average price is £205,897 with Total Sold: 37
- The most recent sale happened at this postcode is , 43 HIGH STREET: £276,000 (Sold on 06 Jun 2024)
- The first recorded sale happened at this postcode is , 26 OLD CHAPEL ROAD: £39,995 (Sold on 12 Jan 1995)
Terraced
- The average price is around £88,224 median price is £96,000 Standard Deviation is £41,635 with Total Sold: 115
- The Last 5 Year average price is £151,725 with Total Sold: 12
- The most recent sale happened at this postcode is , 9 WELLINGTON CLOSE: £196,000 (Sold on 15 Apr 2024)
- The first recorded sale happened at this postcode is , 15 OLD CHAPEL ROAD: £38,500 (Sold on 28 Feb 1995)
Other
- The average price is around £320,000 median price is £290,500 Standard Deviation is £171,337 with Total Sold: 4
- The Last 5 Year average price is £588,000 with Total Sold: 1
- The most recent sale happened at this postcode is , LIBRARY HOUSE CHURCH ROAD: £588,000 (Sold on 02 Dec 2022)
- The first recorded sale happened at this postcode is , THE STONES ARMS HIGH STREET: £281,000 (Sold on 02 Sep 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£321,667	£2,513	3
2023	£265,000	£2,569	6
2022	£273,269	£2,810	13
2021	£241,466	£2,807	29
2020	£301,000	£2,498	6
2019	£259,150	£2,517	13
2018	£197,625	£2,139	12
2017	£213,663	£2,124	15
2016	£213,342	£2,047	13
2015	£213,833	£1,746	12
2014	£185,381	£1,930	13
2013	£180,167	£1,910	12
2012	£161,500	£1,894	8
2011	£175,619	£1,601	8
2010	£156,729	£1,763	17
2009	£155,809	£1,713	16
2008	£171,341	£1,846	16
2007	£187,285	£1,752	14
2006	£175,168	£1,688	20
2005	£161,462	£1,746	13
2004	£149,410	£1,668	20
2003	£130,599	£1,325	16
2002	£117,102	£1,156	30
2001	£85,288	£869	24
2000	£66,932	£777	28
1999	£65,478	£670	25
1998	£66,219	£656	27
1997	£65,043	£709	45
1996	£62,312	£668	44
1995	£61,294	£650	45

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£216,750		2
2023	£187,033	£2,901	6
2022	£246,250	£3,110	4
2021	£232,550	£2,657	10
2020	£174,875	£2,656	4
2019	£186,591	£2,499	11
2018	£142,390	£2,394	5
2017	£155,000	£2,199	9
2016	£142,500	£2,161	7
2015	£145,079	£1,972	12
2014	£144,308	£1,949	13
2013	£121,071	£1,826	7
2012	£116,295	£1,610	10
2011	£95,125	£1,663	4
2010	£119,786	£1,631	7
2009	£117,125	£1,722	4
2008	£124,111	£2,002	9
2007	£140,619	£2,125	8
2006	£128,400	£1,856	16
2005	£132,711	£1,832	14
2004	£104,872	£1,826	9
2003	£94,314	£1,508	11
2002	£80,465	£1,213	27
2001	£56,637	£867	23
2000	£58,306	£766	18
1999	£43,670	£779	10
1998	£47,400	£649	23
1997	£45,053	£600	10
1996	£44,545	£615	16
1995	£42,417	£702	30

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£195,500	£2,826	2
2023	£170,000	£3,269	1
2022	£136,500	£2,817	2
2021	£147,098	£2,759	2
2020	£138,500	£2,586	5
2018	£108,750	£2,262	2
2017	£137,250	£2,305	4
2016	£104,750	£2,099	4
2015	£125,000	£2,210	6
2014	£121,667	£1,940	3
2013	£112,167	£1,916	3
2011	£94,667	£1,602	3
2010	£89,998	£1,844	3
2009	£73,667	£1,345	3
2008	£102,500	£1,806	2
2007	£119,325	£2,222	6
2006	£104,056	£1,878	8
2005	£100,742	£1,856	6
2004	£101,612	£1,852	4
2003	£81,862	£1,477	4
2002	£64,174	£1,213	8
2001	£44,550	£849	7
2000	£40,167	£745	3
1999	£38,890	£713	5
1998	£37,133	£700	3
1997	£35,250	£649	6
1996	£33,150	£671	3
1995	£36,964	£678	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£588,000	£2,262	1
2018	£205,500	£427	2
2016	£281,000		1

House Type in LN6 5UF area

The most common house types in the LN6 5UF postcode area are Detached (87), Semi-detached (34), and Terraced (3).

Total	124
Detached	87
Semi-detached	34
Terraced	3
Flat	0
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 (61), and Owned: Owns with a mortgage or loan (51).

Owned: Owns outright	61
Owned: Owns with a mortgage or loan	51
Private rented: Private landlord or letting agency	7
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	1
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 LN6 5UF have 2 people in household (46), and 3 people in household (26).

2 people in household	46
3 people in household	26
1 person in household	25
4 people in household	21
5 people in household	5
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0