Housing Market Analysis for PENFOLD LANE, LN8 2FS

Are you looking to understand LN8 2FS 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 LN8 2FS area, explore the LN8 2FS Area information page.
For comprehensive crime statistics in the LN8 2FS area, explore the LN8 2FS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN8 2FS postcode area, The average prices are as follows,

  • Detached
    • The average price is around £173,479 median price is £160,125 Standard Deviation is £112,801 with Total Sold: 12
    • The Last 5 Year average price is £345,000 with Total Sold: 1
    • The most recent sale happened at this postcode is NORMANBY LODGE PENFOLD LANE: £345,000 (Sold on 08 Jan 2021)
    • The first recorded sale happened at this postcode is NORMANBY LODGE PENFOLD LANE: £30,000 (Sold on 17 Nov 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 2FS 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
2021£345,000 £3,412 1
2017£315,000 £3,116 1
2016£315,000 £1,957 1
2010£239,000 £2,364 1
2006£171,250 £1,537 1
2004£197,000 £1,338 2
2003£143,000 £1,277 1
2002£44,0001
2001£42,750 £554 2
2000£30,000 £297 1

All the Sales in the PENFOLD LANE, LN8 2FS

See the table below for more details on the sold house prices in the LN8 2FS, West Lindsey postcode.

AddressSold DatePrice% Change
NORMANBY LODGE PENFOLD LANEDetached, FreeholdArea: 101.1 Sq.mtrAge: 2003-200608 Jan 2021£345,0009.52%
30 Aug 2017£315,00031.80%
17 Dec 2010£239,000696.67%
17 Nov 2000£30,000First Sale
PENFOLD LODGE PENFOLD LANEDetached, FreeholdArea: 161 Sq.mtrAge: 1996-200221 Jul 2016£315,000First Sale
BARNSIDE PENFOLD LANEDetached, FreeholdArea: 111.4 Sq.mtrAge: 1996-200228 Feb 2006£171,25014.93%
23 Jul 2004£149,000First Sale
FIELD VIEW PENFOLD LANEDetached, Freehold01 Sep 2004£245,000456.82%
26 Apr 2002£44,00087.23%
25 Oct 2001£23,500First Sale
1 PENFOLD LANEDetached, FreeholdArea: 112 Sq.mtrAge: 1996-200210 Oct 2003£143,000130.65%
03 Oct 2001£62,000First Sale

Check out the sold house prices near the LN8 2FS postcode. Properties currently for saleProperties currently for rent

PENFOLD LANE, LN8 2FS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN8 2FS 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 LN8 2FS postcode.

  • Detached
    • The average price is around £190,603 median price is £182,000 Standard Deviation is £108,615 with Total Sold: 133
    • The Last 5 Year average price is £269,139 with Total Sold: 18
    • The most recent sale happened at this postcode is , 8 CHAPEL LODGE DRIVE: £378,000 (Sold on 19 Apr 2024)
    • The first recorded sale happened at this postcode is , 8 CHAPEL LODGE DRIVE: £30,000 (Sold on 28 Apr 1995)
  • Semi-Detached
    • The average price is around £125,134 median price is £125,000 Standard Deviation is £68,219 with Total Sold: 33
    • The Last 5 Year average price is £192,500 with Total Sold: 5
    • The most recent sale happened at this postcode is , CROFTER'S ROOST, 25 MAIN STREET: £152,500 (Sold on 26 Sep 2023)
    • The first recorded sale happened at this postcode is , HALFPENNY COTTAGE FRONT STREET: £43,500 (Sold on 15 Nov 1996)
  • Other
    • The average price is around £434,900 median price is £370,000 Standard Deviation is £236,248 with Total Sold: 5
    • The Last 5 Year average price is £416,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , OLD BEER HOUSE FRONT STREET: £750,000 (Sold on 15 Mar 2023)
    • The first recorded sale happened at this postcode is , HOMESTEAD FARM, 20 MAIN STREET: £335,000 (Sold on 05 Dec 2016)
  • Terraced
    • The average price is around £144,026 median price is £155,000 Standard Deviation is £56,538 with Total Sold: 17
    • The Last 5 Year average price is £204,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , 2 CROSS KEYS YARD: £176,000 (Sold on 24 Jul 2020)
    • The first recorded sale happened at this postcode is , AUNTIE RUTHS COTTAGE FRONT STREET: £39,000 (Sold on 20 Sep 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£378,0001
2023£314,000 £2,651 5
2022£237,500 £2,287 2
2021£266,750 £2,336 4
2020£235,900 £1,798 5
2019£175,0001
2018£217,075 £1,797 6
2017£312,000 £2,210 5
2016£310,300 £1,618 5
2015£270,500 £1,564 5
2014£343,333 £3,401 3
2013£279,625 £1,290 4
2012£256,250 £1,858 2
2011£152,333 £1,321 3
2010£224,200 £1,512 5
2009£180,167 £1,479 3
2008£234,375 £1,776 6
2007£228,150 £1,508 6
2006£193,292 £1,371 6
2005£151,667 £1,140 3
2004£177,312 £1,207 8
2003£165,500 £1,092 6
2002£103,033 £808 6
2001£92,841 £692 11
2000£82,867 £556 6
1999£81,000 £710 5
1998£44,2502
1997£77,049 £571 5
1996£46,000 £418 2
1995£25,500 £178 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£152,5001
2022£232,000 £3,577 1
2020£165,000 £1,528 1
2019£206,500 £2,513 2
2018£235,0001
2016£149,500 £1,768 2
2015£195,000 £1,857 1
2013£129,500 £1,423 1
2011£160,0001
2009£144,000 £1,911 1
2007£295,000 £2,479 1
2006£156,875 £1,596 4
2003£86,7502
2002£94,950 £1,904 1
2001£84,717 £1,175 3
2000£67,035 £663 3
1999£50,000 £463 1
1998£61,150 £602 3
1997£40,625 £636 2
1996£43,500 £690 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£750,000 £3,012 1
2020£82,0001
2018£637,500 £2,560 1
2017£370,0001
2016£335,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£174,000 £2,756 2
2019£265,000 £1,395 1
2018£162,500 £2,006 1
2016£229,500 £1,208 1
2015£75,000 £882 1
2014£120,000 £1,765 1
2011£83,000 £1,098 1
2009£150,000 £1,200 1
2008£95,000 £1,532 1
2007£115,000 £1,420 1
2006£161,225 £1,391 2
2004£155,000 £816 1
2003£144,500 £1,186 2
1995£39,000 £516 1

House Type in LN8 2FS area

The most common house types in the LN8 2FS postcode area are Detached (107), Semi-detached (37), and Terraced (13).

Total163
Detached107
Semi-detached37
Terraced13
Shared house4
commercial building2
Flat0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (74), and Owned: Owns with a mortgage or loan (50).

Owned: Owns outright74
Owned: Owns with a mortgage or loan50
Private rented: Private landlord or letting agency18
Private rented: Other private rented12
Social rented: Other social rented7
Social rented: Rents from council or Local Authority3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN8 2FS have 2 people in household (72), and 1 person in household (44).

2 people in household72
1 person in household44
3 people in household19
4 people in household16
5 people in household9
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0