Housing Market Analysis for FORGE CLOSE, LN7 6PY

Are you looking to understand LN7 6PY 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 6PY area, explore the LN7 6PY Area information page.
For comprehensive crime statistics in the LN7 6PY area, explore the LN7 6PY Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £221,562 median price is £229,750 Standard Deviation is £88,554 with Total Sold: 8
    • The Last 5 Year average price is £326,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 FORGE CLOSE: £395,000 (Sold on 22 Apr 2022)
    • The first recorded sale happened at this postcode is 3 FORGE CLOSE: £95,000 (Sold on 09 Feb 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LN7 6PY 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
2022£395,000 £2,532 1
2021£258,000 £2,224 1
2018£225,000 £1,940 1
2017£240,000 £1,538 1
2007£234,500 £1,675 1
2005£225,000 £1,442 1
1999£100,000 £714 1
1996£95,0001

All the Sales in the FORGE CLOSE, LN7 6PY

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

AddressSold DatePrice% Change
2 FORGE CLOSEDetached, FreeholdArea: 156 Sq.mtrAge: 1996-200222 Apr 2022£395,00064.58%
04 May 2017£240,0006.67%
28 Jan 2005£225,000First Sale
7 FORGE CLOSEDetached, FreeholdArea: 116 Sq.mtrAge: 1991-199520 Aug 2021£258,00014.67%
30 Nov 2018£225,000First Sale
5 FORGE CLOSEDetached, FreeholdArea: 139.97 Sq.mtrAge: 1991-199509 Feb 2007£234,500134.50%
15 Oct 1999£100,000First Sale
3 FORGE CLOSEDetached, Freehold09 Feb 1996£95,000First Sale

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

FORGE CLOSE, LN7 6PY Near By properties

Interactive Map

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

  • Detached
    • The average price is around £201,752 median price is £199,975 Standard Deviation is £111,760 with Total Sold: 134
    • The Last 5 Year average price is £280,463 with Total Sold: 30
    • The most recent sale happened at this postcode is , NORTH END VIEW HOUSE NORTH END LANE: £503,000 (Sold on 15 May 2024)
    • The first recorded sale happened at this postcode is , MELFORD HOUSE CAISTOR ROAD: £70,000 (Sold on 09 Mar 1995)
  • Semi-Detached
    • The average price is around £117,254 median price is £123,875 Standard Deviation is £64,116 with Total Sold: 17
    • The Last 5 Year average price is £214,750 with Total Sold: 3
    • The most recent sale happened at this postcode is , THE OLD SCHOOL CAISTOR ROAD: £225,000 (Sold on 07 Jan 2021)
    • The first recorded sale happened at this postcode is , SCHOOL HOUSE BRIGG ROAD: £58,000 (Sold on 23 Oct 1996)
  • Other
    • The average price is around £213,500 median price is £155,000 Standard Deviation is £184,364 with Total Sold: 6
    • The Last 5 Year average price is £115,500 with Total Sold: 4
    • The most recent sale happened at this postcode is PLOT 1, NORTH END FARM NORTH END LANE: £66,000 (Sold on 17 Dec 2020)
    • The first recorded sale happened at this postcode is , NORTH END COTTAGE NORTH END LANE: £589,000 (Sold on 07 Sep 2016)
  • Terraced
    • The average price is around £78,083 median price is £60,500 Standard Deviation is £48,957 with Total Sold: 6
    • The Last 5 Year average price is £179,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 1 RAWLINSON PLACE: £179,000 (Sold on 18 Sep 2020)
    • The first recorded sale happened at this postcode is , 1 RAWLINSON PLACE: £55,500 (Sold on 20 Dec 1999)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£503,0001
2023£442,500 £5,396 1
2022£270,492 £2,261 6
2021£251,536 £2,272 14
2020£259,590 £2,160 5
2019£342,000 £1,739 3
2018£253,250 £1,912 6
2017£185,600 £1,657 5
2016£250,391 £1,748 10
2015£206,000 £1,717 1
2014£212,500 £2,261 2
2013£177,250 £1,745 2
2012£194,140 £1,458 5
2011£156,000 £1,376 3
2010£217,000 £1,698 3
2009£140,671 £1,854 9
2008£217,249 £2,158 8
2007£171,166 £1,047 6
2006£231,083 £1,990 6
2005£225,000 £1,442 1
2004£214,939 £1,512 9
2003£133,500 £1,170 2
2002£133,317 £1,171 3
2001£108,000 £582 4
2000£77,970 £608 5
1999£63,625 £472 4
1998£354,500 £2,531 2
1997£60,0001
1996£82,650 £773 3
1995£64,250 £536 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£225,000 £1,758 1
2020£151,750 £1,724 1
2019£267,500 £1,967 1
2014£170,000 £1,879 1
2012£123,875 £1,298 1
2009£148,000 £1,384 2
2006£145,0001
2004£37,7001
2002£85,500 £363 3
2000£86,0001
1999£77,0001
1998£47,000 £493 1
1997£52,000 £378 1
1996£58,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£127,333 £929 3
2019£80,000 £218 1
2018£230,000 £2,170 1
2016£589,000 £3,254 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£179,000 £1,721 1
2015£89,500 £1,091 1
2002£65,500 £799 1
2000£39,5002
1999£55,500 £534 1

House Type in LN7 6PY area

The most common house types in the LN7 6PY postcode area are Detached (66), Semi-detached (22), and Terraced (20).

Total111
Detached66
Semi-detached22
Terraced20
Shared house2
commercial building1
Flat0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (42), and Owned: Owns with a mortgage or loan (28).

Owned: Owns outright42
Owned: Owns with a mortgage or loan28
Social rented: Other social rented16
Private rented: Private landlord or letting agency15
Social rented: Rents from council or Local Authority4
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LN7 6PY have 2 people in household (46), and 1 person in household (23).

2 people in household46
1 person in household23
3 people in household22
4 people in household11
5 people in household4
6 people in household4
7 people in household1
0 people in household0
8 or more people in household0