Housing Market Analysis for LANCASTER DRIVE, LN8 3GX

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

Overview of Sold House prices

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

Terraced
- The average price is around £117,384 median price is £118,975 Standard Deviation is £11,516 with Total Sold: 16
- The Last 5 Year average price is £131,375 with Total Sold: 4
- The most recent sale happened at this postcode is 12 LANCASTER DRIVE: £137,500 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is 5 LANCASTER DRIVE: £119,950 (Sold on 31 May 2007)
Semi-Detached
- The average price is around £117,372 median price is £122,500 Standard Deviation is £28,671 with Total Sold: 25
- The Last 5 Year average price is £177,475 with Total Sold: 2
- The most recent sale happened at this postcode is 16 LANCASTER DRIVE: £185,000 (Sold on 27 Apr 2023)
- The first recorded sale happened at this postcode is 7 LANCASTER DRIVE: £134,950 (Sold on 08 Jun 2007)
Detached
- The average price is around £171,993 median price is £169,975 Standard Deviation is £24,303 with Total Sold: 8
- The Last 5 Year average price is £199,000 with Total Sold: 1
- The most recent sale happened at this postcode is 23 LANCASTER DRIVE: £199,000 (Sold on 09 Jul 2021)
- The first recorded sale happened at this postcode is 11 LANCASTER DRIVE: £174,950 (Sold on 27 Jul 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 3GX 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
2024	£137,500		1
2021	£127,000	£1,946	2
2020	£134,000	£2,094	1
2016	£104,000	£1,609	1
2015	£101,250	£1,534	2
2009	£98,000	£1,485	1
2008	£122,222	£2,086	2
2007	£117,284	£1,744	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£185,000	£2,569	1
2021	£169,950	£2,236	1
2017	£129,000	£1,857	3
2016	£103,000	£1,435	2
2014	£124,000	£1,632	1
2013	£118,000	£1,639	1
2012	£110,000	£1,545	1
2009	£119,667	£1,632	3
2008	£121,000	£1,779	1
2007	£104,940	£1,527	11

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£199,000	£2,255	1
2018	£205,000	£2,235	1
2016	£165,000	£1,799	1
2009	£145,000	£1,606	3
2007	£185,972	£1,907	2

All the Sales in the LANCASTER DRIVE, LN8 3GX

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

Address	Sold Date	Price	% Change
12 LANCASTER DRIVETerraced, Freehold	26 Jul 2024	£137,500	13.64%
12 LANCASTER DRIVETerraced, Freehold	16 May 2008	£120,995	First Sale
16 LANCASTER DRIVESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 2003-2006	27 Apr 2023	£185,000	56.78%
	18 Oct 2013	£118,000	First Sale
3 LANCASTER DRIVETerraced, FreeholdArea: 64.64 Sq.mtrAge: 2003-2006	08 Dec 2021	£134,000	28.85%
	30 Jun 2016	£104,000	-8.73%
	15 Jun 2007	£113,952	First Sale
18 LANCASTER DRIVESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 2003-2006	20 Oct 2021	£169,950	37.06%
	28 Feb 2014	£124,000	0.81%
	26 Jun 2009	£123,000	First Sale
23 LANCASTER DRIVEDetached, FreeholdArea: 88.23 Sq.mtr	09 Jul 2021	£199,000	39.65%
23 LANCASTER DRIVEDetached, FreeholdArea: 88.23 Sq.mtr	27 Jul 2009	£142,500	First Sale
17 LANCASTER DRIVETerraced, FreeholdArea: 66 Sq.mtrAge: 2003-2006	17 Mar 2021	£120,000	3.58%
	28 Sep 2007	£115,852	First Sale
15 LANCASTER DRIVETerraced, FreeholdArea: 64 Sq.mtrAge: 2003-2006	21 Sep 2020	£134,000	11.71%
	28 Sep 2007	£119,950	First Sale
11 LANCASTER DRIVEDetached, FreeholdArea: 91.722 Sq.mtrAge: 2007 onwards	11 May 2018	£205,000	24.24%
	29 Apr 2016	£165,000	-5.69%
	27 Jul 2007	£174,950	First Sale
10 LANCASTER DRIVESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 2007 onwards	25 Aug 2017	£125,500	8.24%
	30 Nov 2007	£115,950	First Sale
25 LANCASTER DRIVESemi-Detached, FreeholdArea: 76.5 Sq.mtrAge: 2007 onwards	07 Jul 2017	£139,000	6.92%
	09 Jan 2009	£130,000	First Sale
28 LANCASTER DRIVESemi-Detached, FreeholdArea: 67.2 Sq.mtrAge: 2007 onwards	30 Jun 2017	£122,500	15.57%
	11 Dec 2009	£106,000	-13.82%
	30 Nov 2007	£122,995	First Sale
27 LANCASTER DRIVESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 2007 onwards	26 Aug 2016	£146,000	2.10%
	14 Dec 2007	£142,995	First Sale
8 LANCASTER DRIVESemi-Detached, LeaseholdArea: 65 Sq.mtrAge: 2007 onwards	08 Jul 2016	£60,000	-27.27%
	06 Sep 2007	£82,500	First Sale
14 LANCASTER DRIVETerraced, FreeholdArea: 66 Sq.mtrAge: 2003-2006	27 Feb 2015	£100,000	-13.79%
	17 Dec 2007	£116,000	First Sale
19 LANCASTER DRIVETerraced, FreeholdArea: 66 Sq.mtrAge: 2007 onwards	16 Feb 2015	£102,500	4.59%
	26 Jan 2009	£98,000	First Sale
2 LANCASTER DRIVESemi-Detached, FreeholdArea: 71.19 Sq.mtrAge: 2007 onwards	17 Sep 2012	£110,000	27.54%
	21 Sep 2007	£86,250	4.55%
	31 Aug 2007	£82,500	First Sale
20 LANCASTER DRIVEDetached, Freehold	15 Dec 2009	£142,500	First Sale
22 LANCASTER DRIVEDetached, FreeholdArea: 93.96 Sq.mtr	06 Nov 2009	£150,000	First Sale
26 LANCASTER DRIVESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 2003-2006	15 Feb 2008	£121,000	First Sale
1 LANCASTER DRIVETerraced, Freehold	31 Jan 2008	£123,450	First Sale
24 LANCASTER DRIVEDetached, Freehold	07 Dec 2007	£196,995	First Sale
21 LANCASTER DRIVETerraced, FreeholdArea: 74.8 Sq.mtrAge: 2007 onwards	12 Oct 2007	£118,000	First Sale
4 LANCASTER DRIVESemi-Detached, Leasehold	20 Sep 2007	£86,250	4.55%
4 LANCASTER DRIVESemi-Detached, Leasehold	31 Aug 2007	£82,500	First Sale
6 LANCASTER DRIVESemi-Detached, Freehold	06 Sep 2007	£82,500	First Sale
9 LANCASTER DRIVESemi-Detached, Freehold	29 Jun 2007	£134,950	First Sale
7 LANCASTER DRIVESemi-Detached, Freehold	08 Jun 2007	£134,950	First Sale
5 LANCASTER DRIVETerraced, Freehold	31 May 2007	£119,950	First Sale

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

LANCASTER DRIVE, LN8 3GX Near By properties

Interactive Map

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

Terraced
- The average price is around £87,958 median price is £84,500 Standard Deviation is £43,595 with Total Sold: 605
- The Last 5 Year average price is £122,161 with Total Sold: 95
- 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 £120,835 median price is £122,998 Standard Deviation is £50,778 with Total Sold: 306
- The Last 5 Year average price is £176,060 with Total Sold: 41
- 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 £171,605 median price is £130,000 Standard Deviation is £140,874 with Total Sold: 55
- The Last 5 Year average price is £216,989 with Total Sold: 19
- 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 £174,462 median price is £166,950 Standard Deviation is £79,478 with Total Sold: 463
- The Last 5 Year average price is £256,925 with Total Sold: 61
- The most recent sale happened at this postcode is , 8 ORCHARD WAY: £150,000 (Sold on 24 Jun 2024)
- The first recorded sale happened at this postcode is , 22 LADY FRANCES DRIVE: £88,000 (Sold on 27 Feb 1995)
Flat
- The average price is around £74,833 median price is £70,500 Standard Deviation is £32,969 with Total Sold: 122
- The Last 5 Year average price is £88,363 with Total Sold: 15
- 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 , 10 CHURCH MILL COURT: £65,000 (Sold on 23 Jun 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£120,100	£1,185	10
2023	£127,719	£1,700	16
2022	£135,395	£1,790	19
2021	£112,714	£1,517	28
2020	£119,648	£2,600	22
2019	£97,998	£1,554	21
2018	£111,305	£1,542	18
2017	£108,260	£1,436	25
2016	£108,400	£2,200	25
2015	£99,994	£1,462	25
2014	£83,748	£974	21
2013	£98,547	£1,427	19
2012	£77,494	£1,050	8
2011	£95,438	£1,226	9
2010	£102,750	£1,384	17
2009	£92,025	£1,310	20
2008	£102,628	£1,393	7
2007	£121,021	£1,477	33
2006	£109,049	£1,310	29
2005	£99,103	£1,382	29
2004	£87,314	£1,107	18
2003	£74,185	£1,035	23
2002	£56,385	£755	40
2001	£37,346	£530	27
2000	£40,415	£558	22
1999	£31,962	£425	16
1998	£44,997	£538	17
1997	£36,650	£448	13
1996	£32,772	£461	18
1995	£41,245	£545	10

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£227,250		4
2023	£186,909	£2,175	11
2022	£167,250	£2,134	10
2021	£180,431	£2,247	8
2020	£142,188	£1,846	8
2019	£140,958	£1,811	13
2018	£127,038	£1,801	13
2017	£122,654	£1,658	13
2016	£134,875	£1,729	22
2015	£123,092	£1,785	28
2014	£116,719	£1,624	16
2013	£115,167	£1,444	6
2012	£109,790	£1,304	5
2011	£93,988	£1,184	4
2010	£108,564	£1,451	7
2009	£124,166	£1,586	6
2008	£122,826	£1,423	7
2007	£120,728	£1,792	23
2006	£131,832	£1,458	18
2005	£130,902	£1,419	21
2004	£124,344	£1,474	10
2003	£106,000	£860	8
2002	£65,056	£710	8
2001	£50,542	£605	12
2000	£50,550	£575	2
1999	£74,606	£679	5
1998	£41,188	£378	4
1997	£55,250		2
1996	£43,167	£526	6
1995	£48,542	£575	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£237,500		3
2023	£227,882	£4,524	6
2022	£275,000	£1,109	4
2021	£170,750	£1,469	4
2020	£130,000		2
2019	£124,469	£1,382	6
2018	£86,286	£1,946	7
2017	£217,847	£3,061	12
2016	£118,020	£867	5
2015	£121,667		3
2014	£131,800	£849	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£247,000	£2,553	4
2023	£240,625	£2,360	8
2022	£269,833	£2,231	15
2021	£243,738	£2,188	21
2020	£276,419	£2,042	13
2019	£225,434	£2,022	16
2018	£220,479	£2,080	17
2017	£201,669	£1,761	17
2016	£175,646	£1,717	13
2015	£187,494	£1,501	17
2014	£191,819	£1,648	26
2013	£177,672	£1,509	27
2012	£151,661	£1,560	9
2011	£187,939	£1,477	9
2010	£172,279	£1,712	12
2009	£181,644	£1,486	17
2008	£178,181	£1,602	18
2007	£202,643	£1,567	22
2006	£182,402	£1,543	37
2005	£174,302	£1,524	23
2004	£172,798	£1,348	20
2003	£107,167	£995	15
2002	£122,256	£921	18
2001	£80,623	£627	14
2000	£71,958	£500	6
1999	£91,946	£628	10
1998	£78,171	£615	14
1997	£73,450	£714	10
1996	£54,643	£674	7
1995	£59,282	£677	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£76,000		1
2023	£84,000	£1,333	1
2022	£85,583	£1,378	6
2021	£111,983	£1,502	3
2020	£79,000	£1,717	4
2019	£72,250	£1,270	6
2018	£81,045	£1,345	11
2017	£74,000	£1,194	1
2016	£93,869	£1,473	8
2015	£71,345	£1,127	20
2014	£111,414	£1,633	7
2013	£66,750	£1,127	2
2012	£137,472	£1,755	2
2011	£78,000	£882	2
2010	£68,499	£1,259	4
2008	£71,374	£1,526	4
2007	£75,988	£1,239	4
2006	£59,975	£1,225	2
2005	£149,950	£1,578	1
2004	£70,557	£803	7
2003	£55,132	£767	5
2002	£72,250	£869	4
2001	£34,130	£521	5
2000	£60,492	£955	6
1999	£16,000	£381	1
1996	£18,500	£500	2
1995	£34,833	£459	3

House Type in LN8 3GX area

The most common house types in the LN8 3GX postcode area are Detached (64), Semi-detached (41), and Terraced (17).

Total	122
Detached	64
Semi-detached	41
Terraced	17
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (56), and Owned: Owns outright (41).

Owned: Owns with a mortgage or loan	56
Owned: Owns outright	41
Private rented: Private landlord or letting agency	18
Shared ownership: Shared ownership	2
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the LN8 3GX have 1 person in household (36), and 2 people in household (36).

1 person in household	36
2 people in household	36
3 people in household	19
4 people in household	19
5 people in household	10
7 people in household	4
6 people in household	1
0 people in household	0
8 or more people in household	0