Housing Market Analysis for CHERRY TREE CLOSE, LN6 8PS

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £118,975 median price is £122,000 Standard Deviation is £58,587 with Total Sold: 20
- The Last 5 Year average price is £197,500 with Total Sold: 4
- The most recent sale happened at this postcode is 8 CHERRY TREE CLOSE: £200,000 (Sold on 21 Oct 2021)
- The first recorded sale happened at this postcode is 12 CHERRY TREE CLOSE: £43,000 (Sold on 08 Nov 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LN6 8PS 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
2021	£198,333	£2,350	3
2019	£195,000	£2,167	1
2017	£171,500	£2,066	1
2016	£187,000	£1,520	1
2015	£141,000	£1,721	2
2014	£141,500	£1,665	1
2008	£107,500	£1,680	1
2005	£115,000		1
2004	£120,500	£1,518	2
2000	£51,000	£622	1
1999	£43,000		1
1997	£51,749	£548	4
1996	£43,000		1

All the Sales in the CHERRY TREE CLOSE, LN6 8PS

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

Address	Sold Date	Price	% Change
8 CHERRY TREE CLOSESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1976-1982	21 Oct 2021	£200,000	First Sale
9 CHERRY TREE CLOSESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1976-1982	26 Mar 2021	£205,000	55.30%
	24 Jul 2015	£132,000	First Sale
3 CHERRY TREE CLOSESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1967-1975	05 Mar 2021	£190,000	272.55%
	02 May 1997	£51,000	First Sale
18 CHERRY TREE CLOSESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1950-1966	16 Sep 2019	£195,000	First Sale
1 CHERRY TREE CLOSESemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1950-1966	27 Oct 2017	£171,500	First Sale
16 CHERRY TREE CLOSESemi-Detached, FreeholdArea: 123 Sq.mtrAge: 1967-1975	11 Mar 2016	£187,000	187.71%
	12 Sep 1997	£64,995	First Sale
7 CHERRY TREE CLOSESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1967-1975	14 Aug 2015	£150,000	First Sale
6 CHERRY TREE CLOSESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1967-1975	14 Feb 2014	£141,500	9.69%
	07 Jul 2004	£129,000	First Sale
20 CHERRY TREE CLOSESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1967-1975	10 Dec 2008	£107,500	First Sale
13 CHERRY TREE CLOSESemi-Detached, Freehold	07 Jan 2005	£115,000	First Sale
19 CHERRY TREE CLOSESemi-Detached, Freehold	26 Aug 2004	£112,000	160.47%
19 CHERRY TREE CLOSESemi-Detached, Freehold	17 Sep 1999	£43,000	First Sale
11 CHERRY TREE CLOSESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1967-1975	18 May 2000	£51,000	First Sale
14 CHERRY TREE CLOSESemi-Detached, Freehold	30 Apr 1997	£41,000	First Sale
4 CHERRY TREE CLOSESemi-Detached, Freehold	11 Apr 1997	£50,000	First Sale
12 CHERRY TREE CLOSESemi-Detached, Freehold	08 Nov 1996	£43,000	First Sale

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

CHERRY TREE CLOSE, LN6 8PS Near By properties

Interactive Map

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

Detached
- The average price is around £155,772 median price is £150,000 Standard Deviation is £84,954 with Total Sold: 699
- The Last 5 Year average price is £256,285 with Total Sold: 137
- 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 , 9 ALEXANDRE AVENUE: £38,000 (Sold on 27 Jan 1995)
Semi-Detached
- The average price is around £122,156 median price is £127,950 Standard Deviation is £60,597 with Total Sold: 1,094
- The Last 5 Year average price is £204,119 with Total Sold: 192
- The most recent sale happened at this postcode is , 20 ALDER CLOSE: £170,000 (Sold on 31 Jul 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 £126,766 median price is £134,950 Standard Deviation is £23,568 with Total Sold: 59
- The Last 5 Year average price is £123,719 with Total Sold: 18
- The most recent sale happened at this postcode is 13, PARKVIEW APARTMENTS LINCOLN ROAD: £121,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is 1, PARKVIEW APARTMENTS LINCOLN ROAD: £156,250 (Sold on 16 Feb 2006)
Terraced
- The average price is around £107,982 median price is £116,000 Standard Deviation is £53,391 with Total Sold: 129
- The Last 5 Year average price is £177,072 with Total Sold: 20
- 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 £136,250 median price is £145,000 Standard Deviation is £43,928 with Total Sold: 4
- The Last 5 Year average price is £136,250 with Total Sold: 4
- 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 , 26 MANOR ROAD: £70,000 (Sold on 01 Nov 2019)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£255,000	£4,348	6
2023	£267,053	£2,826	19
2022	£291,655	£2,826	29
2021	£263,105	£2,742	38
2020	£235,456	£2,521	23
2019	£210,705	£2,501	22
2018	£216,224	£2,404	29
2017	£203,670	£2,247	23
2016	£213,528	£2,166	23
2015	£173,685	£2,119	23
2014	£173,517	£1,777	24
2013	£153,498	£1,659	25
2012	£153,064	£1,864	14
2011	£156,039	£1,814	19
2010	£175,427	£1,812	15
2009	£163,616	£1,655	21
2008	£136,495	£1,420	10
2007	£172,841	£1,749	28
2006	£157,963	£1,797	27
2005	£135,216	£1,684	16
2004	£160,357	£1,545	22
2003	£136,687	£1,349	20
2002	£102,225	£1,053	24
2001	£79,778	£865	34
2000	£73,227	£740	31
1999	£63,456	£645	19
1998	£62,302	£782	21
1997	£62,836	£624	38
1996	£65,394	£634	37
1995	£57,064	£638	19

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£218,679	£2,631	14
2023	£224,404	£2,541	26
2022	£227,182	£2,589	28
2021	£200,105	£2,410	58
2020	£192,617	£2,199	32
2019	£181,294	£2,152	34
2018	£179,408	£2,158	33
2017	£171,185	£1,981	41
2016	£157,600	£1,864	36
2015	£146,438	£1,815	42
2014	£141,216	£1,775	37
2013	£129,479	£1,708	28
2012	£130,605	£1,589	19
2011	£128,247	£1,592	30
2010	£134,224	£1,664	25
2009	£125,650	£1,409	34
2008	£128,556	£1,911	25
2007	£136,903	£1,799	31
2006	£134,218	£1,602	39
2005	£132,479	£1,549	32
2004	£129,195	£1,530	44
2003	£115,063	£1,582	31
2002	£79,188	£890	53
2001	£65,679	£725	47
2000	£55,945	£653	57
1999	£48,401	£554	52
1998	£49,354	£521	39
1997	£43,764	£523	40
1996	£47,109	£558	51
1995	£45,188	£552	36

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£118,750		2
2023	£135,833	£2,287	3
2022	£122,625	£2,131	4
2021	£121,612	£2,118	4
2020	£130,000	£2,722	2
2019	£115,000	£2,165	3
2018	£112,667	£1,836	3
2017	£110,250	£1,806	2
2016	£90,000	£1,728	1
2015	£90,000	£1,837	1
2014	£122,000	£1,937	1
2012	£96,000	£1,882	1
2011	£94,500	£1,484	2
2008	£91,000	£1,358	1
2007	£138,472	£2,323	12
2006	£138,474	£2,507	17

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£184,333	£2,368	3
2022	£220,000	£2,231	2
2021	£170,125	£1,773	4
2020	£233,333	£2,360	3
2019	£145,994	£1,831	8
2018	£133,667	£1,560	3
2017	£144,417	£1,688	6
2016	£136,362	£1,520	4
2015	£139,100	£1,423	5
2014	£135,938	£1,522	8
2013	£120,250	£1,352	2
2012	£120,000	£1,437	1
2011	£126,250	£1,441	6
2010	£165,950		1
2009	£114,625	£1,343	4
2008	£148,900	£1,631	5
2007	£114,067	£1,356	6
2006	£110,750	£1,540	4
2005	£92,083	£1,514	3
2004	£109,190	£1,224	5
2003	£86,800	£1,141	8
2002	£55,131	£682	13
2001	£30,767	£270	3
2000	£42,562	£511	8
1999	£68,750	£591	1
1998	£33,477	£460	6
1997	£34,438	£427	4
1996	£34,833	£383	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£158,333	£2,264	3
2019	£70,000	£737	1

House Type in LN6 8PS area

The most common house types in the LN6 8PS postcode area are Semi-detached (108), Detached (14), and Terraced (2).

Total	126
Semi-detached	108
Detached	14
Terraced	2
commercial building	1
temporary structure	1
Flat	0
Shared house	0
converted building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (68), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright	68
Owned: Owns with a mortgage or loan	43
Private rented: Private landlord or letting agency	6
Private rented: Other private rented	3
Social rented: Other social rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the LN6 8PS have 2 people in household (48), and 1 person in household (40).

2 people in household	48
1 person in household	40
3 people in household	17
4 people in household	16
5 people in household	1
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0