Housing Market Analysis for SCHOOL LANE, LN7 6BB

Are you looking to understand LN7 6BB 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 West Lindsey postcode.

For the location information and nearby amenities in the LN7 6BB area, explore the LN7 6BB Area information page.
For comprehensive crime statistics in the LN7 6BB area, explore the LN7 6BB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN7 6BB postcode area, The average prices are as follows,

  • Detached
    • The average price is around £226,456 median price is £232,500 Standard Deviation is £40,619 with Total Sold: 4
    • The Last 5 Year average price is £247,912 with Total Sold: 2
    • The most recent sale happened at this postcode is THE ORCHARD SCHOOL LANE: £220,000 (Sold on 01 Aug 2023)
    • The first recorded sale happened at this postcode is THE ORCHARD SCHOOL LANE: £165,000 (Sold on 03 Dec 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average LN7 6BB 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
2023£220,000 £2,075 1
2019£275,825 £1,524 1
2014£245,000 £1,354 1
2003£165,000 £1,557 1

All the Sales in the SCHOOL LANE, LN7 6BB

See the table below for more details on the sold house prices in the LN7 6BB, West Lindsey postcode.

AddressSold DatePrice% Change
THE ORCHARD SCHOOL LANEDetached, FreeholdArea: 106 Sq.mtrAge: 1950-196601 Aug 2023£220,00033.33%
03 Dec 2003£165,000First Sale
THE LAURELS SCHOOL LANEDetached, FreeholdArea: 181 Sq.mtrAge: 1996-200227 Jun 2019£275,82512.58%
12 Feb 2014£245,000First Sale

Check out the sold house prices near the LN7 6BB postcode. Properties currently for saleProperties currently for rent

SCHOOL LANE, LN7 6BB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN7 6BB 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 LN7 6BB postcode.

  • Semi-Detached
    • The average price is around £137,829 median price is £147,150 Standard Deviation is £31,394 with Total Sold: 14
    • The Last 5 Year average price is £169,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 4 BECKSIDE: £169,000 (Sold on 25 Oct 2023)
    • The first recorded sale happened at this postcode is , 3 HILLRISE: £77,000 (Sold on 26 Jun 2000)
  • Detached
    • The average price is around £234,210 median price is £252,500 Standard Deviation is £116,390 with Total Sold: 18
    • The Last 5 Year average price is £337,706 with Total Sold: 4
    • The most recent sale happened at this postcode is , THE ORCHARD SCHOOL LANE: £220,000 (Sold on 01 Aug 2023)
    • The first recorded sale happened at this postcode is , 10A PARTRIDGE DRIVE: £65,000 (Sold on 23 May 1997)
  • Other
    • The average price is around £320,833 median price is £225,000 Standard Deviation is £153,546 with Total Sold: 3
    • The Last 5 Year average price is £225,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , BLUEBELL COTTAGE PARTRIDGE DRIVE: £225,000 (Sold on 01 Oct 2019)
    • The first recorded sale happened at this postcode is VILLA FARM STABLES, VILLA BARNS PARTRIDGE DRIVE: £200,000 (Sold on 21 Nov 2017)
  • Terraced
    • The average price is around £166,143 median price is £115,000 Standard Deviation is £89,424 with Total Sold: 7
    • The most recent sale happened at this postcode is , JASMIN COTTAGE HILLRISE: £240,000 (Sold on 14 Sep 2018)
    • The first recorded sale happened at this postcode is , 10 PARTRIDGE DRIVE: £115,000 (Sold on 10 Jun 2005)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£169,000 £1,878 1
2017£172,000 £1,305 2
2016£159,000 £1,674 1
2013£157,300 £920 1
2012£131,000 £1,158 3
2007£153,800 £1,672 1
2004£137,750 £1,046 2
2003£108,000 £857 1
2002£93,000 £674 1
2000£77,000 £611 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£220,000 £2,075 1
2022£550,000 £2,723 1
2021£305,000 £1,913 1
2019£275,825 £1,524 1
2018£367,500 £1,838 1
2016£252,000 £1,359 2
2015£265,000 £1,815 1
2014£245,000 £1,354 1
2011£277,500 £1,816 2
2005£270,000 £1,849 1
2003£133,500 £1,064 2
2002£165,000 £1,035 1
2001£78,500 £545 1
2000£82,9501
1997£65,000 £453 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£225,0001
2018£537,500 £1,205 1
2017£200,000 £1,587 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£240,000 £1,667 1
2015£194,000 £1,347 1
2008£100,000 £500 1
2007£88,000 £1,257 1
2005£180,333 £2,585 3

House Type in LN7 6BB area

The most common house types in the LN7 6BB postcode area are Semi-detached (49), Detached (37), and Terraced (8).

Total97
Semi-detached49
Detached37
Terraced8
commercial building2
temporary structure1
Flat0
Shared house0
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (33), and Owned: Owns outright (23).

Private rented: Private landlord or letting agency33
Owned: Owns outright23
Owned: Owns with a mortgage or loan23
Social rented: Other social rented10
Social rented: Rents from council or Local Authority3
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN7 6BB have 2 people in household (46), and 1 person in household (21).

2 people in household46
1 person in household21
4 people in household14
3 people in household11
5 people in household3
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0