Housing Market Analysis for TOFT LANE, LN8 3LR

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £75,000 median price is £75,000 Standard Deviation is £46,000 with Total Sold: 2
    • The Last 5 Year average price is £121,000 with Total Sold: 1
    • The most recent sale happened at this postcode is END COTTAGE TOFT LANE: £121,000 (Sold on 10 Aug 2020)
    • The first recorded sale happened at this postcode is END COTTAGE TOFT LANE: £29,000 (Sold on 08 Jan 2001)
  • Semi-Detached
    • The average price is around £92,500 median price is £92,500 Standard Deviation is £7,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 TOFT LANE: £85,000 (Sold on 26 Apr 2011)
    • The first recorded sale happened at this postcode is 2, TOFTLEYS FARM COTTAGE TOFT LANE: £100,000 (Sold on 25 Feb 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 3LR 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£121,000 £1,952 1
2001£29,000 £468 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£85,0001
2008£100,0001

All the Sales in the TOFT LANE, LN8 3LR

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

AddressSold DatePrice% Change
END COTTAGE TOFT LANETerraced, FreeholdArea: 62 Sq.mtrAge: before 190010 Aug 2020£121,000317.24%
08 Jan 2001£29,000First Sale
2 TOFT LANESemi-Detached, Freehold26 Apr 2011£85,000First Sale
2, TOFTLEYS FARM COTTAGE TOFT LANESemi-Detached, Freehold25 Feb 2008£100,000First Sale

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

TOFT LANE, LN8 3LR Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £128,125 median price is £92,500 Standard Deviation is £73,896 with Total Sold: 4
    • The Last 5 Year average price is £255,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , BRIDGE VIEW COTTAGE : £255,000 (Sold on 03 Nov 2022)
    • The first recorded sale happened at this postcode is , BRIDGE VIEW COTTAGE : £72,500 (Sold on 19 Nov 1999)
  • Detached
    • The average price is around £273,857 median price is £185,000 Standard Deviation is £151,146 with Total Sold: 7
    • The Last 5 Year average price is £284,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , CHURCH COTTAGE : £395,000 (Sold on 23 May 2022)
    • The first recorded sale happened at this postcode is , CHURCH COTTAGE : £120,000 (Sold on 03 Nov 1998)
  • Terraced
    • The average price is around £75,000 median price is £75,000 Standard Deviation is £46,000 with Total Sold: 2
    • The Last 5 Year average price is £121,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , END COTTAGE TOFT LANE: £121,000 (Sold on 10 Aug 2020)
    • The first recorded sale happened at this postcode is , END COTTAGE TOFT LANE: £29,000 (Sold on 08 Jan 2001)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£255,000 £2,179 1
2011£85,0001
2008£100,0001
1999£72,500 £620 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£395,000 £2,310 1
2019£173,000 £1,808 1
2010£185,0001
2004£434,000 £1,684 2
2000£176,000 £1,029 1
1998£120,000 £702 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£121,000 £1,952 1
2001£29,000 £468 1

House Type in LN8 3LR area

The most common house types in the LN8 3LR postcode area are Detached (116), Semi-detached (27), and Terraced (5).

Total148
Detached116
Semi-detached27
Terraced5
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 (73), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright73
Owned: Owns with a mortgage or loan37
Private rented: Private landlord or letting agency22
Private rented: Other private rented8
Social rented: Other social rented6
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LN8 3LR have 2 people in household (62), and 1 person in household (45).

2 people in household62
1 person in household45
3 people in household22
4 people in household12
5 people in household8
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0