Housing Market Analysis for MILL LANE, LN8 3LE

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

Overview of Sold House prices

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

  • Other
    • The average price is around £272,483 median price is £329,950 Standard Deviation is £153,467 with Total Sold: 3
    • The Last 5 Year average price is £272,483 with Total Sold: 3
    • The most recent sale happened at this postcode is WILBROOK MILL LANE: £329,950 (Sold on 19 Nov 2021)
    • The first recorded sale happened at this postcode is JUNE HOUSE MILL LANE: £62,500 (Sold on 18 Mar 2019)
  • Detached
    • The average price is around £187,500 median price is £134,000 Standard Deviation is £95,315 with Total Sold: 16
    • The Last 5 Year average price is £182,500 with Total Sold: 2
    • The most recent sale happened at this postcode is THE NEST MILL LANE: £130,000 (Sold on 27 Aug 2021)
    • The first recorded sale happened at this postcode is BIRCH LODGE MILL LANE: £84,000 (Sold on 08 Mar 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 3LE 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
2021£377,475 £2,675 2
2019£62,500 £363 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£130,0001
2019£235,000 £2,260 1
2018£311,250 £2,122 2
2016£215,000 £1,074 2
2015£315,000 £2,405 1
2014£138,000 £1,724 1
2013£123,000 £1,537 1
2011£127,000 £1,587 1
2010£320,000 £1,576 1
2009£147,500 £1,195 1
2005£112,0001
2002£86,000 £705 1
2001£130,0001
1999£84,000 £808 1

All the Sales in the MILL LANE, LN8 3LE

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

AddressSold DatePrice% Change
WILBROOK MILL LANEOther, FreeholdArea: 102 Sq.mtrAge: 1930-194919 Nov 2021£329,950First Sale
THE NEST MILL LANEDetached, Freehold27 Aug 2021£130,000First Sale
LITTLE TRANBY MILL LANEOther, FreeholdArea: 201 Sq.mtrAge: 1983-199024 Jun 2021£425,000First Sale
BIRCH LODGE MILL LANEDetached, FreeholdArea: 104 Sq.mtrAge: 1996-200215 Nov 2019£235,000179.76%
08 Mar 1999£84,000First Sale
JUNE HOUSE MILL LANEOther, FreeholdArea: 172 Sq.mtr18 Mar 2019£62,500First Sale
ROSE COTTAGE MILL LANEDetached, FreeholdArea: 122 Sq.mtrAge: before 190031 Aug 2018£330,000283.72%
19 Mar 2002£86,000First Sale
APRIL LODGE MILL LANEDetached, FreeholdArea: 190 Sq.mtr11 Jun 2018£292,500225.00%
02 Sep 2016£90,000First Sale
BARN FARMHOUSE MILL LANEDetached, FreeholdArea: 203.03 Sq.mtrAge: before 190010 Nov 2016£340,0006.25%
10 Dec 2010£320,000First Sale
MILL HOUSE MILL LANEDetached, FreeholdArea: 131 Sq.mtrAge: before 190012 Nov 2015£315,000First Sale
CORNERWAYS MILL LANEDetached, FreeholdArea: 80.04 Sq.mtrAge: 1967-197504 Apr 2014£138,00012.20%
02 Jul 2013£123,000-3.15%
25 Feb 2011£127,000First Sale
MAY COTTAGE MILL LANEDetached, FreeholdArea: 123.38 Sq.mtrAge: before 190027 Aug 2009£147,500First Sale
ZIMMERMANN MILL LANEDetached, Freehold05 Aug 2005£112,000First Sale
DALE FARM MILL LANEDetached, Freehold11 Sep 2001£130,000First Sale

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

MILL LANE, LN8 3LE Near By properties

Interactive Map

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

  • Detached
    • The average price is around £176,898 median price is £160,000 Standard Deviation is £94,598 with Total Sold: 261
    • The Last 5 Year average price is £285,598 with Total Sold: 48
    • The most recent sale happened at this postcode is , HOLLY HOME CHURCH STREET: £190,000 (Sold on 10 Nov 2023)
    • The first recorded sale happened at this postcode is , 10 DRAX COURT: £60,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £106,711 median price is £119,500 Standard Deviation is £60,746 with Total Sold: 53
    • The Last 5 Year average price is £183,889 with Total Sold: 9
    • The most recent sale happened at this postcode is , 1 CHAMBERS PADDOCK: £180,000 (Sold on 19 Jul 2023)
    • The first recorded sale happened at this postcode is , 8 WILKINSON DRIVE: £34,000 (Sold on 10 Feb 1995)
  • Terraced
    • The average price is around £75,184 median price is £74,000 Standard Deviation is £42,422 with Total Sold: 38
    • The Last 5 Year average price is £109,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 2 NAGS HEAD ROW: £78,000 (Sold on 20 Feb 2023)
    • The first recorded sale happened at this postcode is , 5 THE ROW: £23,000 (Sold on 20 Feb 1995)
  • Other
    • The average price is around £272,950 median price is £265,000 Standard Deviation is £189,860 with Total Sold: 11
    • The Last 5 Year average price is £356,779 with Total Sold: 7
    • The most recent sale happened at this postcode is , CROSSROADS STORES GAINSBOROUGH ROAD: £315,000 (Sold on 14 Jul 2022)
    • The first recorded sale happened at this postcode is , THORNFIELD HOUSE GAINSBOROUGH ROAD: £92,500 (Sold on 28 Mar 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£300,000 £3,100 3
2022£298,688 £2,387 8
2021£293,793 £2,360 22
2020£285,821 £1,877 7
2019£244,375 £2,162 8
2018£279,707 £1,889 14
2017£207,900 £1,771 10
2016£202,883 £1,294 9
2015£237,875 £1,620 4
2014£200,619 £1,567 8
2013£175,929 £1,602 14
2012£143,421 £1,625 7
2011£158,857 £1,684 7
2010£190,733 £1,669 6
2009£166,500 £1,616 5
2008£160,714 £1,185 7
2007£195,996 £1,538 14
2006£140,865 £1,321 17
2005£186,500 £1,651 5
2004£170,571 £1,731 12
2003£142,005 £1,244 8
2002£111,204 £747 12
2001£89,994 £766 8
2000£76,250 £734 8
1999£69,875 £672 12
1998£67,814 £532 7
1997£54,800 £509 5
1996£72,6005
1995£59,444 £668 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£180,000 £2,278 1
2022£240,000 £2,344 2
2021£176,250 £1,830 4
2019£145,000 £1,847 2
2018£125,000 £1,524 1
2017£155,000 £1,649 1
2016£134,967 £1,593 3
2014£91,833 £1,067 3
2013£127,600 £1,544 5
2010£122,650 £1,338 3
2009£53,000 £1,082 1
2008£123,3153
2006£226,0001
2005£106,238 £1,322 4
2004£112,333 £1,271 3
2002£50,800 £766 5
2001£43,488 £558 4
2000£40,250 £612 2
1998£21,000 £382 1
1996£17,500 £269 2
1995£29,5002
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£78,000 £1,733 1
2022£140,0001
2017£110,000 £2,015 3
2016£145,000 £1,559 1
2015£107,000 £1,408 1
2014£95,000 £911 1
2013£80,0001
2012£80,0001
2010£134,950 £1,607 1
2008£50,000 £248 1
2007£91,500 £1,567 2
2006£150,5002
2005£70,0001
2004£70,650 £1,244 3
2003£96,238 £812 4
2002£40,2502
2001£42,000 £403 1
2000£38,950 £395 2
1999£40,250 £470 2
1998£42,2501
1997£19,750 £400 2
1996£28,000 £582 2
1995£23,750 £235 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£315,0001
2021£489,983 £3,245 3
2020£250,0001
2019£231,250 £1,631 2
2018£70,000 £317 1
2017£145,000 £960 3

House Type in LN8 3LE area

The most common house types in the LN8 3LE postcode area are Detached (118), Semi-detached (42), and Terraced (13).

Total173
Detached118
Semi-detached42
Terraced13
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (86), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright86
Owned: Owns with a mortgage or loan52
Private rented: Private landlord or letting agency22
Social rented: Other social rented8
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the LN8 3LE have 2 people in household (73), and 1 person in household (42).

2 people in household73
1 person in household42
3 people in household28
4 people in household21
5 people in household9
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0