Housing Market Analysis for FAIRFAX CLOSE, LN8 3NJ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £76,000 median price is £99,500 Standard Deviation is £36,980 with Total Sold: 7
    • The Last 5 Year average price is £111,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 6 FAIRFAX CLOSE: £113,000 (Sold on 03 Sep 2021)
    • The first recorded sale happened at this postcode is 3 FAIRFAX CLOSE: £20,000 (Sold on 16 Jun 2000)
  • Semi-Detached
    • The average price is around £33,950 median price is £33,950 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 FAIRFAX CLOSE: £33,950 (Sold on 31 May 2002)
    • The first recorded sale happened at this postcode is 8 FAIRFAX CLOSE: £33,950 (Sold on 31 May 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 3NJ 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
2021£111,500 £1,283 2
2008£102,500 £1,152 1
2006£99,500 £1,118 1
2004£60,000 £714 1
2002£27,000 £303 1
2000£20,000 £238 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£33,9501

All the Sales in the FAIRFAX CLOSE, LN8 3NJ

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

AddressSold DatePrice% Change
6 FAIRFAX CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1950-196603 Sep 2021£113,000First Sale
2 FAIRFAX CLOSETerraced, FreeholdArea: 89 Sq.mtrAge: 1950-196619 May 2021£110,0007.32%
02 May 2008£102,5003.02%
09 Oct 2006£99,500268.52%
23 Aug 2002£27,000First Sale
3 FAIRFAX CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1950-196620 Aug 2004£60,000200.00%
16 Jun 2000£20,000First Sale
8 FAIRFAX CLOSESemi-Detached, Freehold31 May 2002£33,950First Sale

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

FAIRFAX CLOSE, LN8 3NJ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £56,780 median price is £55,400 Standard Deviation is £31,697 with Total Sold: 130
    • The Last 5 Year average price is £93,261 with Total Sold: 27
    • The most recent sale happened at this postcode is , 13 ALEXANDRIA ROAD: £110,000 (Sold on 26 Apr 2024)
    • The first recorded sale happened at this postcode is , 79 WASHINGTON DRIVE: £28,000 (Sold on 20 Mar 1995)
  • Detached
    • The average price is around £103,843 median price is £100,000 Standard Deviation is £35,245 with Total Sold: 7
    • The Last 5 Year average price is £95,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 51 WASHINGTON DRIVE: £95,000 (Sold on 03 Nov 2023)
    • The first recorded sale happened at this postcode is , 51 WASHINGTON DRIVE: £39,950 (Sold on 28 Jul 2000)
  • Semi-Detached
    • The average price is around £70,170 median price is £76,000 Standard Deviation is £27,248 with Total Sold: 35
    • The Last 5 Year average price is £97,583 with Total Sold: 6
    • The most recent sale happened at this postcode is , 10 WASHINGTON DRIVE: £104,000 (Sold on 09 Jul 2021)
    • The first recorded sale happened at this postcode is , 63 WASHINGTON DRIVE: £27,000 (Sold on 20 Feb 1995)
  • Other
    • The average price is around £89,750 median price is £89,750 Standard Deviation is £9,750 with Total Sold: 2
    • The Last 5 Year average price is £99,500 with Total Sold: 1
    • The most recent sale happened at this postcode is , 46 WASHINGTON DRIVE: £99,500 (Sold on 05 Feb 2020)
    • The first recorded sale happened at this postcode is , MIDDLE FARM : £80,000 (Sold on 31 May 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£120,000 £1,605 2
2023£120,125 £1,315 4
2022£90,000 £1,220 2
2021£92,300 £1,171 10
2020£83,650 £1,048 5
2019£69,075 £950 4
2018£84,000 £1,067 3
2017£80,500 £1,105 2
2016£59,333 £777 3
2015£66,250 £816 4
2014£61,250 £784 4
2013£52,000 £627 1
2012£69,200 £819 5
2011£38,000 £493 1
2010£65,000 £756 1
2009£75,000 £871 2
2008£85,250 £1,055 2
2007£81,700 £1,004 7
2006£79,500 £972 3
2005£69,500 £835 4
2004£56,636 £755 7
2003£48,264 £615 7
2002£37,244 £430 8
2001£20,970 £277 10
2000£22,207 £273 7
1999£17,219 £225 8
1998£20,688 £251 4
1997£20,875 £289 4
1996£24,700 £340 3
1995£25,667 £304 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£95,000 £979 1
2017£159,950 £1,702 1
2015£125,000 £1,082 1
2009£82,000 £774 1
2008£100,0001
2005£125,000 £1,087 1
2000£39,950 £412 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£93,250 £1,216 4
2020£112,500 £1,541 1
2019£100,000 £1,010 1
2018£80,667 £1,085 3
2017£86,000 £869 1
2016£76,0001
2011£70,000 £833 1
2010£63,0001
2008£95,333 £1,188 3
2007£69,000 £1,229 2
2006£75,750 £875 2
2005£78,390 £978 5
2004£65,225 £966 2
2003£47,0001
2002£29,475 £286 2
2001£25,000 £349 2
1997£26,0001
1995£26,798 £297 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£99,500 £1,247 1
2017£80,000 £315 1

House Type in LN8 3NJ area

The most common house types in the LN8 3NJ postcode area are Terraced (91), Detached (56), and Semi-detached (56).

Total204
Terraced91
Detached56
Semi-detached56
Flat1
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 (92), and Owned: Owns with a mortgage or loan (69).

Owned: Owns outright92
Owned: Owns with a mortgage or loan69
Private rented: Private landlord or letting agency33
Private rented: Other private rented6
Social rented: Other social rented4
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN8 3NJ have 2 people in household (93), and 1 person in household (49).

2 people in household93
1 person in household49
3 people in household30
4 people in household16
5 people in household9
7 people in household3
6 people in household1
8 or more people in household1
0 people in household0