Housing Market Analysis for RASE LANE, LN8 3HU

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

Overview of Sold House prices

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

Detached
- The average price is around £238,600 median price is £285,000 Standard Deviation is £95,582 with Total Sold: 5
- The Last 5 Year average price is £307,500 with Total Sold: 2
- The most recent sale happened at this postcode is THE WILLOWS RASE LANE: £285,000 (Sold on 16 Jul 2021)
- The first recorded sale happened at this postcode is THE CROFT RASE LANE: £70,000 (Sold on 29 Oct 1999)
Semi-Detached
- The average price is around £186,167 median price is £232,500 Standard Deviation is £70,895 with Total Sold: 3
- The Last 5 Year average price is £186,167 with Total Sold: 3
- The most recent sale happened at this postcode is 2, SUNNYMEDE RASE LANE: £232,500 (Sold on 09 Jun 2021)
- The first recorded sale happened at this postcode is 2, SUNNYMEDE RASE LANE: £86,000 (Sold on 02 Jan 2019)
Terraced
- The average price is around £70,679 median price is £68,000 Standard Deviation is £34,994 with Total Sold: 7
- The Last 5 Year average price is £114,250 with Total Sold: 2
- The most recent sale happened at this postcode is 4, RASE COTTAGES RASE LANE: £118,500 (Sold on 02 Jun 2021)
- The first recorded sale happened at this postcode is 1, RASE COTTAGES RASE LANE: £17,000 (Sold on 15 Feb 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 3HU 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£285,000	£2,495	1
2019	£330,000	£2,920	1
2008	£198,000	£1,752	1
2007	£310,000		1
1999	£70,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£236,250	£2,553	2
2019	£86,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£118,500	£1,717	1
2019	£110,000	£1,594	1
2017	£86,000		1
2014	£68,000		1
2010	£64,250	£1,020	1
2000	£31,000		1
1999	£17,000	£262	1

All the Sales in the RASE LANE, LN8 3HU

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

Address	Sold Date	Price	% Change
THE WILLOWS RASE LANEDetached, FreeholdArea: 114.21 Sq.mtrAge: 1983-1990	16 Jul 2021	£285,000	First Sale
2, SUNNYMEDE RASE LANESemi-Detached, Freehold	09 Jun 2021	£232,500	170.35%
2, SUNNYMEDE RASE LANESemi-Detached, Freehold	02 Jan 2019	£86,000	First Sale
4, RASE COTTAGES RASE LANETerraced, FreeholdArea: 69 Sq.mtrAge: before 1900	02 Jun 2021	£118,500	7.73%
	10 May 2019	£110,000	First Sale
1, SUNNYMEDE RASE LANESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1900-1929	29 Jan 2021	£240,000	First Sale
BEAVER LODGE RASE LANEDetached, FreeholdArea: 113 Sq.mtrAge: 1996-2002	13 Aug 2019	£330,000	66.67%
	30 Oct 2008	£198,000	First Sale
3 RASE LANETerraced, Freehold	10 Oct 2017	£86,000	26.47%
	06 Jan 2014	£68,000	119.35%
	14 Dec 2000	£31,000	First Sale
2, RASE COTTAGES RASE LANETerraced, FreeholdArea: 63 Sq.mtrAge: 1900-1929	23 Jul 2010	£64,250	First Sale
GARDEN HOUSE RASE LANEDetached, Freehold	03 Jan 2007	£310,000	First Sale
THE CROFT RASE LANEDetached, Freehold	29 Oct 1999	£70,000	First Sale
1, RASE COTTAGES RASE LANETerraced, FreeholdArea: 65 Sq.mtrAge: 1900-1929	15 Feb 1999	£17,000	First Sale

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

RASE LANE, LN8 3HU Near By properties

Interactive Map

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

Terraced
- The average price is around £83,059 median price is £80,000 Standard Deviation is £42,207 with Total Sold: 625
- The Last 5 Year average price is £110,733 with Total Sold: 122
- 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 £115,599 median price is £120,000 Standard Deviation is £47,949 with Total Sold: 306
- The Last 5 Year average price is £158,881 with Total Sold: 46
- The most recent sale happened at this postcode is , 2 CHURCH STREET: £305,000 (Sold on 01 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 £255,107 median price is £135,000 Standard Deviation is £663,333 with Total Sold: 64
- The Last 5 Year average price is £205,320 with Total Sold: 30
- 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 £178,344 median price is £175,000 Standard Deviation is £74,325 with Total Sold: 616
- The Last 5 Year average price is £251,274 with Total Sold: 97
- 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 £76,565 median price is £73,000 Standard Deviation is £30,600 with Total Sold: 129
- The Last 5 Year average price is £84,648 with Total Sold: 23
- 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	£105,750	£1,185	12
2023	£124,237	£1,722	19
2022	£116,444	£1,733	18
2021	£110,685	£1,461	27
2020	£112,146	£2,378	24
2019	£95,634	£1,492	22
2018	£97,320	£1,335	17
2017	£101,411	£1,330	28
2016	£105,050	£2,045	26
2015	£85,525	£1,292	18
2014	£75,617	£952	22
2013	£88,842	£1,199	13
2012	£78,550	£1,031	9
2011	£89,549	£1,175	9
2010	£97,783	£1,268	15
2009	£85,682	£1,196	22
2008	£114,840	£1,378	10
2007	£119,518	£1,362	31
2006	£103,593	£1,270	32
2005	£101,540	£1,378	31
2004	£84,445	£1,132	21
2003	£72,931	£1,003	26
2002	£57,336	£757	36
2001	£34,591	£510	28
2000	£37,090	£497	25
1999	£32,752	£429	22
1998	£41,673	£527	15
1997	£34,724	£470	20
1996	£34,279	£449	14
1995	£37,612	£496	13

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£247,500		2
2023	£156,667	£1,935	6
2022	£159,881	£2,019	12
2021	£189,075	£2,032	6
2020	£129,750	£1,682	6
2019	£145,857	£1,472	14
2018	£133,036	£1,642	14
2017	£120,077	£1,493	13
2016	£138,893	£1,596	14
2015	£119,167	£1,462	9
2014	£109,431	£1,339	12
2013	£101,606	£1,031	9
2012	£114,790	£1,332	5
2011	£105,238	£1,390	4
2010	£124,868	£1,361	8
2009	£118,250	£1,457	10
2008	£115,253	£1,353	11
2007	£119,405	£1,626	30
2006	£134,317	£1,517	22
2005	£136,074	£1,457	29
2004	£107,581	£1,315	11
2003	£80,333	£860	9
2002	£64,529	£602	12
2001	£50,188	£570	13
2000	£33,277	£368	3
1999	£53,010	£514	3
1998	£35,812	£219	4
1997	£46,750	£291	4
1996	£57,150	£525	3
1995	£46,956	£499	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£237,500		3
2023	£214,662	£4,524	8
2022	£243,429	£1,074	7
2021	£216,600	£1,469	5
2020	£130,000		2
2019	£136,563	£1,431	5
2018	£100,500	£1,946	6
2017	£487,807	£2,668	17
2016	£126,275		4
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	£280,154	£2,479	13
2022	£298,300	£2,395	15
2021	£245,238	£2,132	28
2020	£253,433	£2,001	15
2019	£206,474	£1,972	21
2018	£213,423	£1,877	25
2017	£198,039	£1,767	22
2016	£180,259	£1,758	22
2015	£179,097	£1,520	18
2014	£187,282	£1,554	28
2013	£180,079	£1,484	27
2012	£169,545	£1,545	11
2011	£189,621	£1,505	12
2010	£170,704	£1,753	14
2009	£172,552	£1,481	19
2008	£180,489	£1,524	23
2007	£201,458	£1,627	40
2006	£180,050	£1,554	72
2005	£179,196	£1,583	50
2004	£171,994	£1,469	33
2003	£105,633	£1,043	15
2002	£112,148	£933	21
2001	£86,515	£648	15
2000	£61,958	£500	6
1999	£104,577	£769	6
1998	£70,171	£586	14
1997	£73,450	£714	10
1996	£53,000	£720	6
1995	£60,926	£625	10

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£94,000	£1,273	2
2022	£91,681	£1,386	8
2021	£111,983	£1,502	3
2020	£72,200	£1,501	5
2019	£65,700	£1,142	5
2018	£80,091	£1,349	11
2017	£73,500	£1,030	2
2016	£94,869	£1,208	8
2015	£66,909	£900	17
2014	£97,160	£1,068	5
2013	£66,750	£1,127	2
2012	£137,472	£1,755	2
2011	£96,667	£882	3
2010	£79,166	£1,196	6
2009	£72,000	£838	1
2008	£71,374	£1,526	4
2007	£94,150	£1,234	3
2006	£69,950	£1,002	2
2005	£105,288	£1,121	4
2004	£72,878	£841	9
2003	£95,625	£1,435	2
2002	£72,667	£697	6
2001	£38,283	£509	6
2000	£60,991	£837	6
1999	£32,000	£380	1
1997	£38,500	£401	1
1996	£35,000	£212	2
1995	£42,000	£524	3

House Type in LN8 3HU area

The most common house types in the LN8 3HU 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 3HU 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