Housing Market Analysis for SOUTH LANE, LN8 3LG

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

Overview of Sold House prices

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

  • Other
    • The average price is around £768,750 median price is £768,750 Standard Deviation is £18,750 with Total Sold: 2
    • The Last 5 Year average price is £750,000 with Total Sold: 1
    • The most recent sale happened at this postcode is SPRINGFIELD FARM SOUTH LANE: £750,000 (Sold on 31 Oct 2023)
    • The first recorded sale happened at this postcode is MOUNT PLEASANT HOUSE SOUTH LANE: £787,500 (Sold on 24 May 2018)
  • Detached
    • The average price is around £417,500 median price is £417,500 Standard Deviation is £277,500 with Total Sold: 2
    • The most recent sale happened at this postcode is MOUNT PLEASANT HOUSE SOUTH LANE: £695,000 (Sold on 19 Oct 2007)
    • The first recorded sale happened at this postcode is CROFT FARM COTTAGE SOUTH LANE: £140,000 (Sold on 03 Oct 2002)
  • Terraced
    • The average price is around £245,000 median price is £245,000 Standard Deviation is £5,000 with Total Sold: 2
    • The most recent sale happened at this postcode is MEADOWCROFT SOUTH LANE: £250,000 (Sold on 21 Jul 2006)
    • The first recorded sale happened at this postcode is MOUNT PLEASANT FARM SOUTH LANE: £240,000 (Sold on 19 Apr 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 3LG 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
2023£750,000 £6,356 1
2018£787,500 £2,599 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£695,000 £2,294 1
2002£140,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£250,0001
2000£240,000 £792 1

All the Sales in the SOUTH LANE, LN8 3LG

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

AddressSold DatePrice% Change
SPRINGFIELD FARM SOUTH LANEOther, FreeholdArea: 118 Sq.mtrAge: 1991-199531 Oct 2023£750,000First Sale
MOUNT PLEASANT HOUSE SOUTH LANEOther, FreeholdArea: 303 Sq.mtrAge: before 190024 May 2018£787,50013.31%
19 Oct 2007£695,000First Sale
MEADOWCROFT SOUTH LANETerraced, Freehold21 Jul 2006£250,000First Sale
CROFT FARM COTTAGE SOUTH LANEDetached, Freehold03 Oct 2002£140,000First Sale
MOUNT PLEASANT FARM SOUTH LANETerraced, FreeholdArea: 303 Sq.mtrAge: before 190019 Apr 2000£240,000First Sale

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

SOUTH LANE, LN8 3LG Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £102,155 median price is £83,000 Standard Deviation is £73,273 with Total Sold: 24
    • The Last 5 Year average price is £172,792 with Total Sold: 6
    • 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 , 9 MILL ROAD: £34,500 (Sold on 11 May 1995)
  • Other
    • The average price is around £641,875 median price is £690,000 Standard Deviation is £151,280 with Total Sold: 4
    • The Last 5 Year average price is £593,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , SPRINGFIELD FARM SOUTH LANE: £750,000 (Sold on 31 Oct 2023)
    • The first recorded sale happened at this postcode is , MOUNT PLEASANT HOUSE SOUTH LANE: £787,500 (Sold on 24 May 2018)
  • Detached
    • The average price is around £149,226 median price is £137,750 Standard Deviation is £102,626 with Total Sold: 65
    • The Last 5 Year average price is £243,222 with Total Sold: 9
    • The most recent sale happened at this postcode is , 1 MILL ROAD: £285,000 (Sold on 30 Jun 2023)
    • The first recorded sale happened at this postcode is , WYCOLLER GAINSBOROUGH ROAD: £57,500 (Sold on 31 Jul 1995)
  • Semi-Detached
    • The average price is around £99,701 median price is £105,000 Standard Deviation is £46,123 with Total Sold: 102
    • The Last 5 Year average price is £158,192 with Total Sold: 16
    • 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)
  • Flat
    • The average price is around £134,000 median price is £134,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , BROOKFIELD MILL ROAD: £134,000 (Sold on 03 Mar 2011)
    • The first recorded sale happened at this postcode is , BROOKFIELD MILL ROAD: £134,000 (Sold on 03 Mar 2011)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£220,0001
2022£190,000 £1,845 1
2021£172,667 £1,455 3
2020£108,750 £1,412 1
2017£83,000 £1,078 1
2016£114,000 £1,480 1
2014£91,725 £1,223 1
2013£60,000 £800 1
2009£48,000 £640 1
2007£40,000 £388 1
2006£250,0001
2005£83,000 £1,078 2
2003£65,000 £722 1
2000£240,000 £792 1
1999£37,417 £340 3
1997£38,250 £600 2
1995£34,250 £413 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£750,000 £6,356 1
2022£630,000 £1,775 1
2021£400,0001
2018£787,500 £2,599 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£353,333 £3,511 3
2021£185,000 £2,473 2
2020£203,500 £2,307 2
2019£176,000 £2,194 2
2018£183,975 £2,058 2
2017£154,317 £1,744 3
2016£171,250 £2,168 1
2015£197,000 £1,728 1
2014£146,658 £1,556 6
2013£183,250 £1,604 4
2012£153,333 £1,683 3
2009£184,000 £1,136 2
2008£119,500 £1,178 2
2007£437,250 £2,294 2
2006£129,140 £1,579 5
2005£175,000 £2,412 2
2003£118,2502
2002£121,8333
2001£122,475 £731 2
2000£25,0001
1999£69,500 £645 2
1998£60,000 £732 1
1997£57,917 £610 6
1996£60,112 £564 4
1995£51,250 £590 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£187,367 £1,902 7
2021£150,000 £2,174 1
2020£160,000 £1,515 2
2019£124,917 £1,351 6
2018£143,862 £1,486 4
2017£121,525 £1,248 6
2016£112,386 £1,335 7
2015£116,667 £1,347 3
2014£106,135 £1,089 5
2013£102,750 £1,082 4
2012£104,750 £1,206 2
2011£124,000 £1,361 1
2010£100,833 £1,181 3
2009£90,500 £933 2
2008£92,750 £1,174 4
2007£118,612 £1,389 4
2006£117,380 £1,220 5
2005£107,450 £1,166 6
2003£70,820 £599 2
2002£59,790 £566 5
2001£46,000 £477 3
2000£35,236 £455 5
1999£36,300 £407 4
1998£46,750 £500 2
1997£39,000 £415 4
1996£35,5001
1995£44,112 £443 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£134,0001

House Type in LN8 3LG area

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