Housing Market Analysis for DRAKES MEADOW, LN8 2HD

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

Overview of Sold House prices

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

  • Other
    • The average price is around £370,000 median price is £370,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is HOLLY TREE HOUSE, 1 DRAKES MEADOW: £370,000 (Sold on 22 Nov 2017)
    • The first recorded sale happened at this postcode is HOLLY TREE HOUSE, 1 DRAKES MEADOW: £370,000 (Sold on 22 Nov 2017)
  • Detached
    • The average price is around £262,071 median price is £267,000 Standard Deviation is £22,757 with Total Sold: 7
    • The most recent sale happened at this postcode is DRAKE HOUSE, 2 DRAKES MEADOW: £290,000 (Sold on 31 May 2017)
    • The first recorded sale happened at this postcode is SCHOOL VIEW, 4 DRAKES MEADOW: £225,000 (Sold on 10 Jul 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 2HD 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£370,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£290,0001
2013£287,500 £1,462 1
2010£250,000 £1,272 1
2004£271,000 £1,358 2
2003£232,500 £1,221 2

All the Sales in the DRAKES MEADOW, LN8 2HD

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

AddressSold DatePrice% Change
HOLLY TREE HOUSE, 1 DRAKES MEADOWOther, Freehold22 Nov 2017£370,00034.55%
11 Jun 2004£275,000First Sale
DRAKE HOUSE, 2 DRAKES MEADOWDetached, Freehold31 May 2017£290,000First Sale
3 DRAKES MEADOWDetached, FreeholdArea: 196.6 Sq.mtrAge: 2003-200604 Dec 2013£287,50015.00%
09 Jul 2010£250,000-6.37%
19 Nov 2004£267,00011.25%
24 Oct 2003£240,000First Sale
SCHOOL VIEW, 4 DRAKES MEADOWDetached, Freehold10 Jul 2003£225,000First Sale

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

DRAKES MEADOW, LN8 2HD Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £135,675 median price is £123,000 Standard Deviation is £131,346 with Total Sold: 62
    • The Last 5 Year average price is £260,950 with Total Sold: 10
    • The most recent sale happened at this postcode is , THE BYRE FEN ROAD: £925,000 (Sold on 09 Jul 2024)
    • The first recorded sale happened at this postcode is , 5 FOXCOURT: £38,500 (Sold on 08 Sep 1995)
  • Detached
    • The average price is around £196,232 median price is £180,000 Standard Deviation is £120,731 with Total Sold: 183
    • The Last 5 Year average price is £317,726 with Total Sold: 31
    • 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)
  • Other
    • The average price is around £392,188 median price is £352,500 Standard Deviation is £254,940 with Total Sold: 8
    • The Last 5 Year average price is £313,333 with Total Sold: 3
    • 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 £126,314 median price is £115,000 Standard Deviation is £57,176 with Total Sold: 25
    • The Last 5 Year average price is £195,988 with Total Sold: 4
    • The most recent sale happened at this postcode is , 22 FEN ROAD: £170,950 (Sold on 04 Mar 2021)
    • 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£925,0001
2023£166,500 £2,026 3
2022£232,000 £3,577 1
2021£215,000 £2,067 1
2020£165,000 £1,528 1
2019£191,000 £2,309 3
2018£282,333 £1,811 3
2016£149,500 £1,768 2
2015£161,000 £1,685 2
2014£175,667 £1,413 3
2013£129,500 £1,423 1
2011£160,0001
2010£136,000 £1,619 1
2009£144,000 £1,911 1
2007£295,000 £2,479 1
2006£145,750 £1,604 6
2005£145,0001
2003£86,7502
2002£142,817 £1,343 3
2001£66,442 £984 6
2000£65,026 £564 4
1999£50,000 £463 1
1998£52,580 £546 5
1997£38,650 £590 5
1996£37,000 £690 2
1995£41,2502
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£378,0001
2023£357,500 £2,582 7
2022£387,917 £2,675 6
2021£303,857 £2,421 7
2020£273,688 £1,830 8
2019£162,5002
2018£224,619 £1,796 8
2017£312,000 £2,210 5
2016£279,500 £1,729 7
2015£283,417 £1,589 6
2014£343,125 £3,035 4
2013£243,083 £1,410 6
2012£238,125 £2,025 4
2011£200,500 £1,493 4
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£183,375 £1,341 12
2003£178,500 £1,176 8
2002£101,439 £708 9
2001£93,850 £708 15
2000£84,814 £556 7
1999£74,562 £605 8
1998£43,500 £55 5
1997£82,750 £748 11
1996£46,000 £418 2
1995£25,500 £178 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£750,000 £3,012 1
2020£82,0001
2019£108,0001
2018£396,250 £2,025 2
2017£535,000 £2,357 2
2016£335,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£170,950 £2,085 1
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£95,500 £1,419 4
2011£83,000 £1,098 1
2010£109,000 £2,300 1
2009£107,500 £1,317 2
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
2001£55,500 £1,171 1
2000£46,950 £991 1
1995£39,000 £516 1

House Type in LN8 2HD area

The most common house types in the LN8 2HD 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 2HD 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