Housing Market Analysis for VELDEN WAY, LN8 3HD

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £98,693 median price is £108,725 Standard Deviation is £50,992 with Total Sold: 30
- The Last 5 Year average price is £197,833 with Total Sold: 3
- The most recent sale happened at this postcode is 12 VELDEN WAY: £245,000 (Sold on 19 Dec 2022)
- The first recorded sale happened at this postcode is 12 VELDEN WAY: £50,450 (Sold on 17 Feb 1995)
Detached
- The average price is around £165,658 median price is £154,975 Standard Deviation is £29,873 with Total Sold: 6
- The Last 5 Year average price is £205,000 with Total Sold: 2
- The most recent sale happened at this postcode is 32 VELDEN WAY: £200,000 (Sold on 15 Feb 2021)
- The first recorded sale happened at this postcode is 2 VELDEN WAY: £124,000 (Sold on 28 Nov 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 3HD 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£213,000	£1,952	2
2019	£167,500	£1,496	1
2018	£139,750	£1,507	2
2017	£145,000	£1,355	1
2016	£121,417	£1,506	3
2014	£125,000	£1,168	1
2012	£107,500	£1,354	1
2011	£124,000	£1,361	1
2010	£107,500	£1,354	1
2006	£104,950	£1,328	1
2005	£116,862	£1,207	4
2001	£49,000	£438	1
2000	£46,750	£574	2
1999	£45,600	£487	2
1998	£46,750	£500	2
1997	£39,750	£477	2
1995	£45,150	£443	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£200,000	£2,247	1
2019	£210,000	£2,360	1
2017	£155,000	£1,845	1
2014	£154,950	£1,281	1
2013	£150,000	£1,786	1
2008	£124,000	£1,025	1

All the Sales in the VELDEN WAY, LN8 3HD

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

Address	Sold Date	Price	% Change
12 VELDEN WAYSemi-Detached, FreeholdArea: 115 Sq.mtrAge: 1967-1975	19 Dec 2022	£245,000	421.28%
	12 Jul 1995	£47,000	-6.84%
	17 Feb 1995	£50,450	First Sale
6 VELDEN WAYSemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1976-1982	24 Feb 2022	£181,000	21.07%
	04 Dec 2018	£149,500	35.97%
	30 Sep 2005	£109,950	-6.43%
	14 Mar 2005	£117,500	130.39%
	12 Jun 1998	£51,000	First Sale
32 VELDEN WAYDetached, FreeholdArea: 89 Sq.mtrAge: 1976-1982	15 Feb 2021	£200,000	-4.76%
	15 Nov 2019	£210,000	First Sale
4 VELDEN WAYSemi-Detached, FreeholdArea: 112 Sq.mtrAge: 1976-1982	21 Nov 2019	£167,500	241.84%
	12 Apr 2001	£49,000	16.11%
	08 Oct 1999	£42,200	First Sale
10 VELDEN WAYSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1967-1975	06 Jul 2018	£130,000	6.12%
	10 Mar 2016	£122,500	163.44%
	14 Apr 2000	£46,500	29.17%
	20 Jun 1997	£36,000	First Sale
11 VELDEN WAYDetached, FreeholdArea: 84 Sq.mtrAge: 1976-1982	01 Sep 2017	£155,000	3.33%
	18 Sep 2013	£150,000	First Sale
26 VELDEN WAYSemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1976-1982	05 May 2017	£145,000	16.00%
	14 Mar 2014	£125,000	First Sale
24 VELDEN WAYSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1976-1982	10 May 2016	£113,752	3.41%
	09 Sep 2005	£110,000	189.47%
	30 Jun 1995	£38,000	First Sale
22 VELDEN WAYSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1967-1975	18 Mar 2016	£128,000	21.96%
	21 Dec 2006	£104,950	First Sale
2 VELDEN WAYDetached, FreeholdArea: 121 Sq.mtrAge: 1976-1982	27 Jun 2014	£154,950	24.96%
	28 Nov 2008	£124,000	First Sale
30 VELDEN WAYSemi-Detached, FreeholdArea: 79.378 Sq.mtrAge: 1967-1975	29 Jun 2012	£107,500	0.0
	16 Aug 2010	£107,500	First Sale
7 VELDEN WAYSemi-Detached, FreeholdArea: 91.125 Sq.mtrAge: 1976-1982	03 Feb 2011	£124,000	First Sale
14 VELDEN WAYSemi-Detached, Freehold	06 Aug 2005	£130,000	First Sale
28 VELDEN WAYSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1976-1982	20 Dec 2000	£47,000	First Sale
3 VELDEN WAYSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1967-1975	15 Oct 1999	£49,000	12.64%
	28 Feb 1997	£43,500	First Sale
18 VELDEN WAYSemi-Detached, Freehold	27 Feb 1998	£42,500	First Sale

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

VELDEN WAY, LN8 3HD Near By properties

Interactive Map

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

Terraced
- The average price is around £79,149 median price is £77,500 Standard Deviation is £41,114 with Total Sold: 425
- The Last 5 Year average price is £110,443 with Total Sold: 88
- The most recent sale happened at this postcode is , 16 CHURCHILL AVENUE: £220,000 (Sold on 27 Aug 2024)
- The first recorded sale happened at this postcode is , 40 KING STREET: £18,000 (Sold on 31 Jan 1995)
Other
- The average price is around £181,081 median price is £135,000 Standard Deviation is £170,678 with Total Sold: 48
- The Last 5 Year average price is £195,232 with Total Sold: 24
- 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)
Flat
- The average price is around £70,503 median price is £70,000 Standard Deviation is £30,442 with Total Sold: 112
- The Last 5 Year average price is £91,716 with Total Sold: 25
- The most recent sale happened at this postcode is , 2 THE MALTINGS COURT: £112,000 (Sold on 09 Feb 2024)
- The first recorded sale happened at this postcode is , 12 THE MALTINGS COURT: £39,500 (Sold on 27 Jan 1995)
Detached
- The average price is around £157,393 median price is £146,250 Standard Deviation is £97,506 with Total Sold: 226
- The Last 5 Year average price is £272,094 with Total Sold: 38
- The most recent sale happened at this postcode is , 29 LINWOOD ROAD: £345,000 (Sold on 31 Oct 2023)
- The first recorded sale happened at this postcode is , WINGFIELD DEAR STREET: £90,000 (Sold on 08 Feb 1995)
Semi-Detached
- The average price is around £96,206 median price is £97,500 Standard Deviation is £46,042 with Total Sold: 285
- The Last 5 Year average price is £148,648 with Total Sold: 41
- The most recent sale happened at this postcode is , 8 OXFORD STREET: £118,000 (Sold on 29 Aug 2023)
- The first recorded sale happened at this postcode is , MANORA LINWOOD ROAD: £69,000 (Sold on 04 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£103,000	£1,185	9
2023	£124,636	£1,766	11
2022	£120,731	£1,737	13
2021	£117,650	£1,492	20
2020	£104,643	£2,436	21
2019	£92,929	£1,489	14
2018	£96,782	£1,361	14
2017	£88,031	£1,236	16
2016	£92,897	£2,552	15
2015	£81,079	£1,166	12
2014	£79,256	£932	13
2013	£76,845	£1,095	10
2012	£74,707	£951	7
2011	£79,584	£1,144	10
2010	£90,111	£1,229	9
2009	£76,750	£988	14
2008	£98,931	£1,269	8
2007	£104,857	£1,014	15
2006	£100,748	£1,162	26
2005	£97,104	£1,373	12
2004	£82,113	£1,128	19
2003	£73,077	£996	22
2002	£48,620	£680	27
2001	£34,150	£490	18
2000	£49,367	£504	15
1999	£35,504	£429	19
1998	£35,568	£460	10
1997	£32,298	£506	10
1996	£28,200	£350	7
1995	£27,889	£375	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£237,500		3
2023	£224,650	£6,356	5
2022	£235,800	£1,074	5
2021	£182,000	£747	4
2020	£130,000		2
2019	£136,563	£1,431	5
2018	£186,938	£2,280	8
2017	£193,062	£1,708	8
2016	£114,075		4
2015	£121,667		3
2014	£145,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£112,000	£1,273	1
2023	£88,000	£1,709	2
2022	£109,181	£1,350	8
2021	£105,000	£1,631	4
2020	£74,500	£1,437	6
2019	£66,112	£1,361	4
2018	£73,400	£1,373	10
2017	£80,988	£1,316	4
2016	£61,250	£943	4
2015	£66,909	£900	17
2014	£78,600	£847	3
2013	£66,750	£1,127	2
2011	£95,333	£1,262	3
2010	£77,500	£1,093	4
2009	£69,667	£805	3
2008	£75,498	£1,794	2
2007	£85,317	£1,525	3
2006	£79,950	£950	1
2005	£90,400	£968	3
2004	£65,690	£1,013	5
2002	£53,625	£490	4
2001	£29,675	£408	4
2000	£33,665	£510	3
1999	£36,311	£624	8
1998	£47,500	£913	1
1997	£38,500	£401	1
1996	£52,000	£212	1
1995	£39,500		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£308,611	£2,973	6
2022	£316,812	£2,995	8
2021	£294,207	£1,904	7
2020	£248,444	£2,023	9
2019	£207,244	£2,149	8
2018	£206,272	£1,991	9
2017	£146,474	£1,795	7
2016	£170,338	£1,837	8
2015	£249,300	£1,518	5
2014	£145,872	£1,309	9
2013	£181,500	£2,048	6
2012	£137,938	£1,480	9
2011	£185,000	£1,961	1
2010	£118,317	£1,640	3
2009	£187,625	£2,329	4
2008	£171,000	£1,439	6
2007	£265,542	£2,189	6
2006	£149,883	£1,773	9
2005	£127,590	£1,532	5
2004	£160,321	£1,586	17
2003	£115,727	£1,266	11
2002	£99,058	£1,064	24
2001	£93,402	£982	22
2000	£34,750	£517	2
1999	£103,827	£672	6
1998	£83,250	£627	4
1997	£54,399	£716	5
1996	£45,000	£798	3
1995	£48,187	£488	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£137,500	£1,839	6
2022	£164,506	£1,844	12
2021	£149,900	£1,785	5
2020	£112,400	£1,682	5
2019	£152,615	£1,426	13
2018	£120,583	£1,582	12
2017	£125,804	£1,442	12
2016	£117,243	£1,346	14
2015	£108,500	£1,324	8
2014	£105,744	£1,237	12
2013	£97,800	£1,001	8
2012	£102,700	£1,295	5
2011	£108,290	£1,254	5
2010	£122,333	£1,264	6
2009	£109,417	£1,263	6
2008	£94,622	£1,174	8
2007	£112,300	£1,657	13
2006	£115,279	£1,270	12
2005	£117,700	£1,333	15
2004	£100,117	£1,190	12
2003	£74,240	£764	11
2002	£57,192	£721	18
2001	£52,055	£498	10
2000	£45,425	£566	15
1999	£33,779	£412	7
1998	£37,285	£387	10
1997	£43,429	£415	7
1996	£46,999	£477	7
1995	£45,805	£441	11

House Type in LN8 3HD area

The most common house types in the LN8 3HD postcode area are Semi-detached (122), Detached (6), and Terraced (2).

Total	131
Semi-detached	122
Detached	6
Terraced	2
Flat	1
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 outright (42), and Social rented: Other social rented (36).

Owned: Owns outright	42
Social rented: Other social rented	36
Owned: Owns with a mortgage or loan	28
Social rented: Rents from council or Local Authority	15
Private rented: Private landlord or letting agency	5
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0

Number of People in a Household

The most houses in the LN8 3HD have 2 people in household (53), and 1 person in household (32).

2 people in household	53
1 person in household	32
3 people in household	21
4 people in household	17
5 people in household	6
7 people in household	2
0 people in household	0
6 people in household	0
8 or more people in household	0