Housing Market Analysis for ELM CLOSE, LN6 8LT

Are you looking to understand LN6 8LT 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 8LT area, explore the LN6 8LT Area information page.
For comprehensive crime statistics in the LN6 8LT area, explore the LN6 8LT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN6 8LT postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £143,965 median price is £147,500 Standard Deviation is £57,348 with Total Sold: 26
- The Last 5 Year average price is £204,867 with Total Sold: 6
- The most recent sale happened at this postcode is 13 ELM CLOSE: £187,000 (Sold on 18 Jan 2023)
- The first recorded sale happened at this postcode is 12 ELM CLOSE: £206,000 (Sold on 08 Mar 2024)
Detached
- The average price is around £135,500 median price is £135,500 Standard Deviation is £10,500 with Total Sold: 2
- The most recent sale happened at this postcode is 8 ELM CLOSE: £146,000 (Sold on 30 Oct 2009)
- The first recorded sale happened at this postcode is 8 ELM CLOSE: £125,000 (Sold on 03 Dec 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average LN6 8LT 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£187,000	£2,493	1
2021	£213,200	£2,508	1
2020	£198,000	£2,357	1
2019	£212,500	£2,149	2
2018	£182,250	£2,329	2
2017	£189,950	£2,209	1
2015	£174,500	£1,975	2
2014	£153,500	£1,924	2
2013	£141,000	£1,679	1
2011	£139,950	£1,630	1
2010	£160,000	£1,545	1
2008	£147,000		1
2007	£137,000	£1,612	1
2006	£133,000	£1,549	1
2004	£124,000	£1,442	1
2001	£67,750	£652	2
2000	£50,500	£594	1
1999	£45,000	£354	1
1997	£43,500		1
1996	£47,000		1
2024	£206,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2009	£146,000	£1,342	1
2004	£125,000	£1,149	1

All the Sales in the ELM CLOSE, LN6 8LT

See the table below for more details on the sold house prices in the LN6 8LT, North Kesteven postcode.

Address	Sold Date	Price	% Change
13 ELM CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1950-1966	18 Jan 2023	£187,000	First Sale
6 ELM CLOSESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1967-1975	16 Dec 2021	£213,200	12.21%
	14 Dec 2018	£190,000	38.69%
	06 Nov 2007	£137,000	171.29%
	10 Mar 2000	£50,500	First Sale
11 ELM CLOSESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1967-1975	21 Aug 2020	£198,000	40.43%
	03 May 2013	£141,000	First Sale
7 ELM CLOSESemi-Detached, FreeholdArea: 127 Sq.mtrAge: 1950-1966	11 Oct 2019	£245,000	444.44%
	29 Oct 1999	£45,000	First Sale
1 ELM CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1950-1966	21 Jun 2019	£180,000	First Sale
12 ELM CLOSESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1967-1975	29 Nov 2018	£174,500	27.37%
	30 Nov 2015	£137,000	-33.50%
	08 Mar 2024	£206,000	First Sale
14 ELM CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	15 Dec 2017	£189,950	19.47%
	14 Nov 2014	£159,000	28.23%
	01 Jun 2004	£124,000	First Sale
16 ELM CLOSESemi-Detached, FreeholdArea: 103.56 Sq.mtrAge: 1950-1966	01 Dec 2015	£212,000	32.50%
	04 Jun 2010	£160,000	137.04%
	12 Apr 2001	£67,500	First Sale
5 ELM CLOSESemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1950-1966	18 Feb 2014	£148,000	First Sale
17 ELM CLOSESemi-Detached, FreeholdArea: 85.85 Sq.mtrAge: 1976-1982	04 Mar 2011	£139,950	5.23%
	28 Sep 2006	£133,000	First Sale
8 ELM CLOSEDetached, FreeholdArea: 108.76 Sq.mtrAge: 1967-1975	30 Oct 2009	£146,000	16.80%
	03 Dec 2004	£125,000	First Sale
4 ELM CLOSESemi-Detached, Freehold	20 Jun 2008	£147,000	First Sale
3 ELM CLOSESemi-Detached, Freehold	24 Sep 2001	£68,000	44.68%
3 ELM CLOSESemi-Detached, Freehold	06 Jun 1996	£47,000	First Sale
10 ELM CLOSESemi-Detached, Freehold	15 Apr 1997	£43,500	First Sale

Check out the sold house prices near the LN6 8LT postcode. Properties currently for saleProperties currently for rent

ELM CLOSE, LN6 8LT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN6 8LT 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 8LT postcode.

Detached
- The average price is around £162,789 median price is £160,500 Standard Deviation is £79,211 with Total Sold: 760
- The Last 5 Year average price is £246,504 with Total Sold: 128
- The most recent sale happened at this postcode is , 26 ASH GROVE: £155,000 (Sold on 20 Sep 2024)
- The first recorded sale happened at this postcode is , 17 ST HUGHS DRIVE: £49,500 (Sold on 09 Jan 1995)
Semi-Detached
- The average price is around £125,185 median price is £130,000 Standard Deviation is £59,999 with Total Sold: 1,043
- The Last 5 Year average price is £203,917 with Total Sold: 186
- The most recent sale happened at this postcode is , 54 RICHMOND DRIVE: £231,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 33 LABURNUM CLOSE: £52,000 (Sold on 17 Feb 1995)
Flat
- The average price is around £105,444 median price is £108,000 Standard Deviation is £13,854 with Total Sold: 41
- The Last 5 Year average price is £107,200 with Total Sold: 10
- The most recent sale happened at this postcode is , 67 HEATHER GARDENS: £124,500 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 12 HUTSON DRIVE: £61,000 (Sold on 05 Mar 2007)
Terraced
- The average price is around £119,751 median price is £127,500 Standard Deviation is £50,109 with Total Sold: 157
- The Last 5 Year average price is £163,073 with Total Sold: 30
- The most recent sale happened at this postcode is , 1B JOHNSONS LANE: £220,000 (Sold on 27 Nov 2023)
- The first recorded sale happened at this postcode is , 37 HUTSON DRIVE: £37,500 (Sold on 31 May 1996)
Other
- The average price is around £225,000 median price is £165,000 Standard Deviation is £156,897 with Total Sold: 3
- The Last 5 Year average price is £225,000 with Total Sold: 3
- The most recent sale happened at this postcode is , 47 BROADWAY: £165,000 (Sold on 16 Dec 2021)
- The first recorded sale happened at this postcode is , 37 NEWARK ROAD: £440,000 (Sold on 29 Apr 2019)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£215,084		9
2023	£251,250	£2,971	24
2022	£267,623	£2,870	24
2021	£261,736	£2,576	35
2020	£227,399	£2,427	19
2019	£216,618	£2,476	17
2018	£236,524	£2,171	36
2017	£206,688	£2,175	25
2016	£202,488	£2,080	25
2015	£194,235	£1,948	33
2014	£168,066	£1,787	22
2013	£134,000	£1,680	28
2012	£157,171	£1,730	12
2011	£152,385	£1,730	24
2010	£159,882	£1,712	22
2009	£156,142	£1,674	17
2008	£158,219	£1,456	18
2007	£195,567	£1,869	41
2006	£198,491	£1,718	67
2005	£173,354	£1,527	26
2004	£159,540	£1,600	21
2003	£130,149	£1,391	16
2002	£107,470	£1,165	20
2001	£74,976	£870	31
2000	£77,262	£566	20
1999	£58,532	£764	14
1998	£62,147	£732	15
1997	£59,800	£619	38
1996	£64,263	£618	37
1995	£55,103	£614	24

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£219,500	£2,631	15
2023	£219,759	£2,600	29
2022	£225,559	£2,609	27
2021	£198,845	£2,384	55
2020	£194,250	£2,230	28
2019	£181,172	£2,168	32
2018	£178,891	£2,174	37
2017	£169,118	£1,970	39
2016	£157,569	£1,883	37
2015	£152,790	£1,862	41
2014	£140,154	£1,777	36
2013	£128,033	£1,700	27
2012	£128,969	£1,617	16
2011	£128,814	£1,762	29
2010	£135,254	£1,613	26
2009	£125,838	£1,429	28
2008	£136,176	£1,928	25
2007	£140,262	£1,779	33
2006	£142,261	£1,659	48
2005	£137,156	£1,618	27
2004	£130,900	£1,568	39
2003	£118,286	£1,568	32
2002	£80,239	£935	42
2001	£65,487	£740	46
2000	£54,732	£654	51
1999	£48,158	£556	45
1998	£50,499	£541	37
1997	£46,038	£570	35
1996	£45,845	£574	49
1995	£45,842	£575	32

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£124,500		1
2023	£125,000	£2,193	1
2022	£102,250	£1,966	2
2021	£104,750	£2,019	4
2020	£99,500	£1,832	2
2018	£108,000	£2,000	1
2017	£105,500	£1,833	2
2013	£85,000	£1,635	1
2011	£65,000	£1,000	1
2009	£79,950	£1,508	1
2008	£91,000	£1,358	1
2007	£108,802	£2,065	24

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£162,667	£2,113	3
2022	£193,875	£1,842	4
2021	£164,875	£1,868	8
2020	£210,000	£2,220	2
2019	£145,362	£1,755	13
2018	£149,600	£1,687	5
2017	£156,062	£1,734	8
2016	£141,112	£1,466	4
2015	£139,500	£1,574	7
2014	£138,417	£1,643	12
2013	£101,875	£1,492	4
2012	£94,000	£1,267	2
2011	£120,417	£1,522	6
2010	£129,475	£1,171	2
2009	£119,100	£1,351	5
2008	£134,300	£1,631	5
2007	£146,967	£1,582	18
2006	£123,868	£1,582	8
2005	£99,150	£1,237	3
2004	£99,850	£1,331	1
2003	£88,850	£1,299	4
2002	£52,779	£639	7
2001	£49,000		2
2000	£45,929	£510	7
1999	£53,625	£622	2
1998	£41,375	£570	4
1997	£39,375	£577	8
1996	£33,500	£408	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£165,000	£3,000	1
2019	£255,000	£737	2

House Type in LN6 8LT area

The most common house types in the LN6 8LT postcode area are Semi-detached (99), Detached (41), and Terraced (0).

Total	140
Semi-detached	99
Detached	41
Terraced	0
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 (63), and Owned: Owns with a mortgage or loan (60).

Owned: Owns outright	63
Owned: Owns with a mortgage or loan	60
Private rented: Private landlord or letting agency	11
Social rented: Rents from council or Local Authority	2
Private rented: Other private rented	2
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 8LT have 2 people in household (53), and 1 person in household (36).

2 people in household	53
1 person in household	36
3 people in household	21
4 people in household	18
5 people in household	9
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0