Housing Market Analysis for WELLESLEY CLOSE, LN8 3EJ

Are you looking to understand LN8 3EJ 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 3EJ area, explore the LN8 3EJ Area information page.
For comprehensive crime statistics in the LN8 3EJ area, explore the LN8 3EJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN8 3EJ postcode area, The average prices are as follows,

Terraced
- The average price is around £80,158 median price is £87,500 Standard Deviation is £35,146 with Total Sold: 12
- The Last 5 Year average price is £125,000 with Total Sold: 1
- The most recent sale happened at this postcode is 6 WELLESLEY CLOSE: £125,000 (Sold on 01 Dec 2023)
- The first recorded sale happened at this postcode is 6 WELLESLEY CLOSE: £36,000 (Sold on 27 Oct 1995)
Detached
- The average price is around £136,408 median price is £127,500 Standard Deviation is £50,046 with Total Sold: 6
- The Last 5 Year average price is £192,250 with Total Sold: 2
- The most recent sale happened at this postcode is 1 WELLESLEY CLOSE: £222,500 (Sold on 04 Apr 2022)
- The first recorded sale happened at this postcode is 7 WELLESLEY CLOSE: £54,950 (Sold on 31 Jul 1998)
Semi-Detached
- The average price is around £106,222 median price is £109,995 Standard Deviation is £22,661 with Total Sold: 9
- The most recent sale happened at this postcode is 14 WELLESLEY CLOSE: £136,000 (Sold on 28 Mar 2018)
- The first recorded sale happened at this postcode is 12 WELLESLEY CLOSE: £64,000 (Sold on 14 Dec 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 3EJ 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£125,000	£2,451	1
2015	£90,000	£1,765	1
2009	£95,000	£1,916	1
2008	£130,000	£1,871	1
2005	£107,000	£1,761	2
2003	£97,000	£1,396	1
2002	£47,950		1
2001	£44,450	£872	1
1998	£37,500		1
1995	£40,500	£677	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£192,250	£3,265	2
2016	£124,000	£2,531	1
2015	£130,000	£1,368	1
2013	£125,000	£1,316	1
1998	£54,950	£1,099	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£136,000	£1,957	1
2015	£133,000	£1,914	1
2011	£96,000	£1,543	1
2010	£114,000	£1,640	1
2009	£116,998	£2,206	2
2006	£99,000	£1,768	1
2003	£80,000	£1,429	1
2001	£64,000		1

All the Sales in the WELLESLEY CLOSE, LN8 3EJ

See the table below for more details on the sold house prices in the LN8 3EJ, West Lindsey postcode.

Address	Sold Date	Price	% Change
6 WELLESLEY CLOSETerraced, FreeholdArea: 51 Sq.mtrAge: 1991-1995	01 Dec 2023	£125,000	38.89%
	04 Sep 2015	£90,000	5.88%
	21 Dec 2005	£85,000	91.23%
	20 Dec 2001	£44,450	23.47%
	27 Oct 1995	£36,000	First Sale
1 WELLESLEY CLOSEDetached, FreeholdArea: 69 Sq.mtrAge: 1996-2002	04 Apr 2022	£222,500	First Sale
5 WELLESLEY CLOSEDetached, FreeholdArea: 49 Sq.mtrAge: 1983-1990	31 Mar 2022	£162,000	30.65%
	06 Jan 2016	£124,000	First Sale
14 WELLESLEY CLOSESemi-Detached, FreeholdArea: 69.5 Sq.mtrAge: 1991-1995	28 Mar 2018	£136,000	2.26%
	28 Jul 2015	£133,000	16.67%
	31 Mar 2010	£114,000	-12.31%
	12 Sep 2008	£130,000	0.78%
	01 Dec 2005	£129,000	32.99%
	30 May 2003	£97,000	115.56%
	08 Dec 1995	£45,000	First Sale
3 WELLESLEY CLOSEDetached, FreeholdArea: 95 Sq.mtrAge: 1983-1990	12 Jun 2015	£130,000	4.00%
	21 Jan 2013	£125,000	First Sale
16 WELLESLEY CLOSESemi-Detached, FreeholdArea: 62.2 Sq.mtrAge: 1983-1990	16 Mar 2011	£96,000	First Sale
4 WELLESLEY CLOSETerraced, FreeholdArea: 49.59 Sq.mtrAge: 1991-1995	07 Oct 2009	£95,000	First Sale
9 WELLESLEY CLOSESemi-Detached, FreeholdArea: 49.86 Sq.mtrAge: 1991-1995	26 Aug 2009	£109,995	First Sale
18 WELLESLEY CLOSESemi-Detached, Freehold	27 Feb 2009	£124,000	First Sale
2 WELLESLEY CLOSESemi-Detached, FreeholdArea: 56 Sq.mtrAge: 1983-1990	03 Mar 2006	£99,000	23.75%
	15 Aug 2003	£80,000	First Sale
8 WELLESLEY CLOSETerraced, Freehold	05 Apr 2002	£47,950	27.87%
8 WELLESLEY CLOSETerraced, Freehold	12 Jun 1998	£37,500	First Sale
12 WELLESLEY CLOSESemi-Detached, Freehold	14 Dec 2001	£64,000	First Sale
7 WELLESLEY CLOSEDetached, FreeholdArea: 50 Sq.mtrAge: 1983-1990	31 Jul 1998	£54,950	First Sale

Check out the sold house prices near the LN8 3EJ postcode. Properties currently for saleProperties currently for rent

WELLESLEY CLOSE, LN8 3EJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN8 3EJ 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 3EJ postcode.

Terraced
- The average price is around £85,137 median price is £80,000 Standard Deviation is £42,914 with Total Sold: 706
- The Last 5 Year average price is £114,280 with Total Sold: 133
- The most recent sale happened at this postcode is , 65 WATERLOO STREET: £160,000 (Sold on 20 Aug 2024)
- The first recorded sale happened at this postcode is , 40 KING STREET: £18,000 (Sold on 31 Jan 1995)
Semi-Detached
- The average price is around £119,035 median price is £120,750 Standard Deviation is £50,318 with Total Sold: 336
- The Last 5 Year average price is £165,384 with Total Sold: 57
- The most recent sale happened at this postcode is , 45 LIME WALK: £147,000 (Sold on 07 Aug 2024)
- The first recorded sale happened at this postcode is , 8 CAISTOR ROAD: £60,000 (Sold on 27 Jan 1995)
Other
- The average price is around £251,394 median price is £130,000 Standard Deviation is £668,668 with Total Sold: 63
- The Last 5 Year average price is £200,343 with Total Sold: 28
- The most recent sale happened at this postcode is , 35 QUEEN STREET: £160,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 27 - 29 UNION STREET: £145,000 (Sold on 28 Feb 2014)
Detached
- The average price is around £179,451 median price is £174,950 Standard Deviation is £79,311 with Total Sold: 561
- The Last 5 Year average price is £255,501 with Total Sold: 95
- The most recent sale happened at this postcode is , 6 BIRCHWOODS CLOSE: £265,000 (Sold on 26 Jun 2024)
- The first recorded sale happened at this postcode is , WINGFIELD DEAR STREET: £90,000 (Sold on 08 Feb 1995)
Flat
- The average price is around £74,342 median price is £72,750 Standard Deviation is £31,437 with Total Sold: 152
- The Last 5 Year average price is £85,436 with Total Sold: 25
- The most recent sale happened at this postcode is 1, CHESTNUT HOUSE JAMESON BRIDGE STREET: £76,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 12 THE MALTINGS COURT: £39,500 (Sold on 27 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£112,833	£1,185	12
2023	£122,275	£1,722	20
2022	£126,413	£1,724	23
2021	£112,150	£1,531	30
2020	£116,830	£2,456	25
2019	£95,954	£1,512	23
2018	£107,702	£1,461	22
2017	£103,017	£1,378	29
2016	£104,611	£2,018	27
2015	£97,687	£1,390	26
2014	£81,272	£971	25
2013	£97,653	£1,381	19
2012	£78,550	£1,031	9
2011	£91,741	£1,155	12
2010	£99,574	£1,285	17
2009	£87,583	£1,206	24
2008	£107,766	£1,359	9
2007	£122,591	£1,485	35
2006	£105,551	£1,291	38
2005	£96,629	£1,377	33
2004	£88,408	£1,125	26
2003	£73,322	£1,013	27
2002	£54,184	£730	45
2001	£37,485	£533	31
2000	£37,826	£512	28
1999	£32,779	£436	21
1998	£44,216	£517	19
1997	£34,207	£431	19
1996	£32,970	£455	20
1995	£38,412	£509	12

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£227,250		4
2023	£186,909	£2,175	11
2022	£161,318	£2,080	11
2021	£175,272	£2,103	9
2020	£142,188	£1,846	8
2019	£140,889	£1,739	14
2018	£127,133	£1,707	15
2017	£125,107	£1,658	14
2016	£134,156	£1,713	24
2015	£122,882	£1,752	29
2014	£114,306	£1,613	18
2013	£113,661	£1,214	9
2012	£109,790	£1,304	5
2011	£93,988	£1,184	4
2010	£112,118	£1,495	8
2009	£124,166	£1,586	6
2008	£122,826	£1,423	7
2007	£118,670	£1,704	25
2006	£131,832	£1,458	18
2005	£133,083	£1,438	23
2004	£121,116	£1,447	12
2003	£97,300	£860	10
2002	£66,127	£642	11
2001	£49,615	£588	13
2000	£50,550	£575	2
1999	£74,606	£679	5
1998	£38,150	£324	5
1997	£55,250		2
1996	£43,167	£526	6
1995	£48,269	£530	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£237,500		3
2023	£223,899	£4,524	7
2022	£243,429	£1,074	7
2021	£170,750	£1,469	4
2020	£130,000		2
2019	£136,563	£1,431	5
2018	£86,286	£1,946	7
2017	£516,732	£3,061	16
2016	£118,020	£867	5
2015	£121,667		3
2014	£100,350	£849	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£250,600	£2,553	5
2023	£258,636	£2,360	11
2022	£275,972	£2,329	18
2021	£251,989	£2,137	28
2020	£271,216	£1,987	16
2019	£224,232	£2,023	17
2018	£224,702	£1,994	23
2017	£202,756	£1,754	19
2016	£176,256	£1,771	17
2015	£184,744	£1,521	18
2014	£189,827	£1,565	30
2013	£177,672	£1,509	27
2012	£161,495	£1,543	10
2011	£193,246	£1,499	12
2010	£176,719	£1,693	13
2009	£179,760	£1,498	19
2008	£184,112	£1,533	20
2007	£201,650	£1,612	31
2006	£189,525	£1,526	58
2005	£181,270	£1,528	30
2004	£171,934	£1,466	28
2003	£108,500	£990	17
2002	£115,027	£926	22
2001	£78,715	£648	15
2000	£71,958	£500	6
1999	£91,946	£628	10
1998	£78,171	£615	14
1997	£73,450	£714	10
1996	£55,000	£674	8
1995	£62,696	£625	9

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£94,000	£1,273	2
2023	£84,000	£1,333	1
2022	£91,681	£1,386	8
2021	£111,983	£1,502	3
2020	£72,200	£1,501	5
2019	£72,250	£1,270	6
2018	£80,292	£1,345	12
2017	£73,500	£1,030	2
2016	£92,550	£1,208	9
2015	£71,757	£1,108	21
2014	£101,744	£1,502	9
2013	£66,750	£1,127	2
2012	£137,472	£1,755	2
2011	£78,000	£882	2
2010	£79,166	£1,196	6
2009	£72,000	£838	1
2008	£71,374	£1,526	4
2007	£78,490	£1,187	5
2006	£66,633	£1,133	3
2005	£105,288	£1,121	4
2004	£72,878	£841	9
2003	£55,132	£767	5
2002	£72,667	£697	6
2001	£36,379	£501	7
2000	£55,743	£844	8
1999	£24,000	£381	2
1997	£38,500	£401	1
1996	£29,667	£356	3
1995	£36,000	£459	4

House Type in LN8 3EJ area

The most common house types in the LN8 3EJ postcode area are Terraced (45), Detached (43), and Semi-detached (26).

Total	143
Terraced	45
Detached	43
Semi-detached	26
Flat	11
converted building	11
commercial building	4
Shared house	3
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (67), and Private rented: Private landlord or letting agency (32).

Owned: Owns outright	67
Private rented: Private landlord or letting agency	32
Owned: Owns with a mortgage or loan	29
Social rented: Other social rented	9
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the LN8 3EJ have 1 person in household (66), and 2 people in household (52).

1 person in household	66
2 people in household	52
3 people in household	13
4 people in household	6
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0