Housing Market Analysis for GEORGE ROAD, LN8 3LH

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £218,500 median price is £207,525 Standard Deviation is £57,864 with Total Sold: 4
    • The Last 5 Year average price is £304,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 GEORGE ROAD: £304,000 (Sold on 30 Jul 2021)
    • The first recorded sale happened at this postcode is 6 GEORGE ROAD: £154,950 (Sold on 22 May 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 3LH 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£304,000 £1,961 1
2016£177,500 £1,690 1
2007£237,5501
2006£154,950 £1,476 1

All the Sales in the GEORGE ROAD, LN8 3LH

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

AddressSold DatePrice% Change
4 GEORGE ROADDetached, FreeholdArea: 155 Sq.mtrAge: 2003-200630 Jul 2021£304,000First Sale
6 GEORGE ROADDetached, FreeholdArea: 105 Sq.mtrAge: 2003-200619 Aug 2016£177,50014.55%
22 May 2006£154,950First Sale
2 GEORGE ROADDetached, Freehold18 May 2007£237,550First Sale

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

GEORGE ROAD, LN8 3LH Near By properties

Interactive Map

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

  • Detached
    • The average price is around £166,601 median price is £155,250 Standard Deviation is £90,533 with Total Sold: 354
    • The Last 5 Year average price is £280,846 with Total Sold: 57
    • The most recent sale happened at this postcode is , 37 DOVECOTE: £300,000 (Sold on 15 Jul 2024)
    • The first recorded sale happened at this postcode is , 1 RASE CLOSE: £56,000 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £108,122 median price is £115,500 Standard Deviation is £57,038 with Total Sold: 76
    • The Last 5 Year average price is £180,929 with Total Sold: 14
    • 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
2024£273,0002
2023£300,000 £3,100 3
2022£292,100 £2,373 10
2021£285,278 £2,359 25
2020£283,806 £1,924 9
2019£244,375 £2,162 8
2018£259,939 £1,836 18
2017£207,900 £1,771 10
2016£199,162 £1,455 12
2015£217,938 £1,572 8
2014£182,434 £1,542 16
2013£170,062 £1,635 16
2012£139,868 £1,625 8
2011£155,667 £1,767 9
2010£191,169 £1,661 8
2009£167,389 £1,537 9
2008£172,444 £1,248 9
2007£189,347 £1,562 17
2006£146,558 £1,345 20
2005£172,688 £1,848 8
2004£165,638 £1,728 17
2003£136,999 £1,263 9
2002£108,341 £809 16
2001£85,760 £757 15
2000£77,568 £736 14
1999£67,247 £694 16
1998£66,017 £600 12
1997£53,400 £563 10
1996£65,556 £650 9
1995£59,182 £645 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£205,000 £2,214 2
2022£216,667 £2,254 3
2021£174,833 £1,861 6
2020£134,000 £1,634 1
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£101,700 £1,103 5
2013£127,600 £1,544 5
2010£119,516 £1,340 4
2009£53,000 £1,082 1
2008£121,8614
2007£103,500 £1,168 2
2006£189,500 £1,244 2
2005£112,658 £1,372 6
2004£100,750 £1,011 4
2003£107,250 £1,228 2
2002£54,167 £791 6
2001£43,488 £558 4
2000£49,333 £500 6
1998£21,000 £382 1
1997£45,000 £366 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 3LH area

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