Housing Market Analysis for HERON WAY, LN8 3RB

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £149,748 median price is £146,245 Standard Deviation is £18,101 with Total Sold: 6
- The Last 5 Year average price is £187,000 with Total Sold: 1
- The most recent sale happened at this postcode is 16 HERON WAY: £187,000 (Sold on 24 Aug 2022)
- The first recorded sale happened at this postcode is 16 HERON WAY: £140,000 (Sold on 24 Apr 2008)
Detached
- The average price is around £209,528 median price is £199,975 Standard Deviation is £22,259 with Total Sold: 18
- The Last 5 Year average price is £239,750 with Total Sold: 2
- The most recent sale happened at this postcode is 2 HERON WAY: £242,500 (Sold on 28 Sep 2020)
- The first recorded sale happened at this postcode is 2 HERON WAY: £219,950 (Sold on 01 Feb 2008)
Terraced
- The average price is around £49,810 median price is £28,750 Standard Deviation is £37,551 with Total Sold: 9
- The most recent sale happened at this postcode is 15 HERON WAY: £119,000 (Sold on 20 Oct 2017)
- The first recorded sale happened at this postcode is 15 HERON WAY: £23,948 (Sold on 30 Jun 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 3RB 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£187,000	£2,280	1
2016	£129,000		1
2008	£145,621	£1,768	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£242,500	£2,146	1
2019	£237,000	£1,943	1
2017	£227,000	£1,924	1
2016	£200,000	£1,802	1
2015	£185,000	£1,667	2
2009	£239,950	£1,558	1
2008	£205,005	£1,752	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£75,125	£1,831	2
2016	£57,500		1
2015	£116,000	£1,785	1
2009	£28,750	£442	1
2008	£23,948	£377	4

All the Sales in the HERON WAY, LN8 3RB

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

Address	Sold Date	Price	% Change
16 HERON WAYSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 2003-2006	24 Aug 2022	£187,000	33.57%
	24 Apr 2008	£140,000	First Sale
2 HERON WAYDetached, FreeholdArea: 113 Sq.mtrAge: 2003-2006	28 Sep 2020	£242,500	10.25%
2 HERON WAYDetached, FreeholdArea: 113 Sq.mtrAge: 2003-2006	01 Feb 2008	£219,950	First Sale
14 HERON WAYDetached, FreeholdArea: 122 Sq.mtrAge: 2007 onwards	14 Mar 2019	£237,000	18.53%
	20 May 2008	£199,950	First Sale
4 HERON WAYDetached, FreeholdArea: 118 Sq.mtrAge: 2007 onwards	08 Dec 2017	£227,000	19.47%
	11 Apr 2008	£190,000	First Sale
15 HERON WAYTerraced, LeaseholdArea: 65 Sq.mtrAge: 2007 onwards	20 Oct 2017	£119,000	2.59%
	11 Nov 2015	£116,000	303.48%
	30 Jun 2009	£28,750	20.05%
	30 Jun 2008	£23,948	First Sale
19 HERON WAYTerraced, Leasehold	06 Jun 2017	£31,250	30.49%
19 HERON WAYTerraced, Leasehold	30 Jun 2008	£23,948	First Sale
20 HERON WAYSemi-Detached, Freehold	22 Jul 2016	£129,000	-14.00%
20 HERON WAYSemi-Detached, Freehold	28 Apr 2008	£149,995	First Sale
10 HERON WAYDetached, FreeholdArea: 111 Sq.mtrAge: 2003-2006	15 Jul 2016	£200,000	8.11%
	25 Feb 2015	£185,000	-7.48%
	15 Dec 2008	£199,950	First Sale
17 HERON WAYTerraced, Leasehold	24 Jun 2016	£57,500	140.10%
17 HERON WAYTerraced, Leasehold	30 Jun 2008	£23,948	First Sale
8 HERON WAYDetached, Freehold	13 Nov 2015	£185,000	0.03%
8 HERON WAYDetached, Freehold	27 Jun 2008	£184,950	First Sale
3 HERON WAYDetached, FreeholdArea: 154 Sq.mtrAge: 2007 onwards	19 Feb 2009	£239,950	First Sale
9 HERON WAYDetached, Freehold	19 Dec 2008	£230,500	First Sale
1 HERON WAYDetached, Freehold	03 Oct 2008	£189,950	First Sale
11 HERON WAYTerraced, FreeholdArea: 62 Sq.mtrAge: 2007 onwards	30 Jun 2008	£23,948	First Sale
12 HERON WAYDetached, Freehold	27 Jun 2008	£184,950	First Sale
5 HERON WAYDetached, Freehold	27 Jun 2008	£194,950	First Sale
21 HERON WAYSemi-Detached, Freehold	27 Jun 2008	£142,495	First Sale
7 HERON WAYDetached, Freehold	26 Jun 2008	£249,950	First Sale
6 HERON WAYDetached, FreeholdArea: 119 Sq.mtrAge: 2007-2011	05 Jun 2008	£209,950	First Sale
18 HERON WAYSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 2007-2011	29 Apr 2008	£149,995	First Sale

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

HERON WAY, LN8 3RB Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £119,706 median price is £127,500 Standard Deviation is £44,474 with Total Sold: 283
- The Last 5 Year average price is £160,644 with Total Sold: 57
- The most recent sale happened at this postcode is , 45 LIME WALK: £147,000 (Sold on 07 Aug 2024)
- The first recorded sale happened at this postcode is , 67 WILLINGHAM ROAD: £39,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £85,566 median price is £90,000 Standard Deviation is £39,702 with Total Sold: 265
- The Last 5 Year average price is £114,882 with Total Sold: 33
- The most recent sale happened at this postcode is , 3A PROSPECT PLACE: £85,000 (Sold on 30 Nov 2023)
- The first recorded sale happened at this postcode is , 27 PROSPECT PLACE: £29,500 (Sold on 30 Jun 1995)
Other
- The average price is around £1,141,597 median price is £235,000 Standard Deviation is £2,086,244 with Total Sold: 9
- The Last 5 Year average price is £1,635,563 with Total Sold: 6
- The most recent sale happened at this postcode is , RACECOURSE GARAGE WILLINGHAM ROAD: £6,794,377 (Sold on 05 Oct 2023)
- The first recorded sale happened at this postcode is , 32 PROSPECT PLACE: £85,000 (Sold on 11 Jul 2016)
Detached
- The average price is around £190,195 median price is £187,950 Standard Deviation is £75,163 with Total Sold: 347
- The Last 5 Year average price is £254,484 with Total Sold: 51
- The most recent sale happened at this postcode is , MARKIVES VICTORIA ROAD: £265,000 (Sold on 28 Sep 2023)
- The first recorded sale happened at this postcode is , BARNOCK HOUSE CHAPMAN STREET: £69,950 (Sold on 17 Feb 1995)
Flat
- The average price is around £63,838 median price is £60,000 Standard Deviation is £35,136 with Total Sold: 25
- The Last 5 Year average price is £94,500 with Total Sold: 2
- The most recent sale happened at this postcode is , 5 HANCOCK COURT: £84,000 (Sold on 15 May 2023)
- The first recorded sale happened at this postcode is 1, PROSPECT HOUSE PROSPECT PLACE: £18,000 (Sold on 27 Oct 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£207,000		2
2023	£174,889	£2,403	9
2022	£176,626	£2,034	10
2021	£150,023	£1,898	11
2020	£156,100	£1,879	10
2019	£146,080	£1,949	15
2018	£133,688	£1,976	8
2017	£136,307	£1,623	14
2016	£132,352	£1,829	22
2015	£126,466	£1,816	27
2014	£127,050	£1,715	17
2013	£118,353	£1,585	15
2012	£121,318	£1,499	10
2011	£129,708	£1,636	16
2010	£99,797	£1,415	8
2009	£109,333	£1,218	3
2008	£133,495	£1,430	12
2007	£156,600	£1,454	5
2006	£125,883	£1,554	9
2005	£112,650	£1,399	3
2004	£114,000	£1,009	3
2003	£79,187	£1,285	6
2002	£63,286	£773	7
2001	£59,929	£711	7
2000	£54,650	£612	3
1999	£47,786	£606	7
1998	£44,250	£435	2
1997	£43,357	£555	7
1996	£40,844	£574	8
1995	£44,750	£742	7

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£85,000		1
2022	£155,500	£1,818	7
2021	£120,035	£1,796	13
2020	£77,108	£1,184	6
2019	£99,083	£1,519	6
2018	£117,697	£1,714	15
2017	£99,245	£1,460	11
2016	£95,022	£1,678	9
2015	£113,243	£1,640	14
2014	£103,931	£1,204	8
2013	£99,653	£1,479	15
2012	£109,977	£1,476	13
2011	£87,742	£1,220	6
2010	£113,999	£1,626	6
2009	£84,844	£1,247	8
2008	£63,083	£1,121	28
2007	£116,062	£1,708	8
2006	£110,494	£1,324	8
2005	£90,806	£1,416	8
2004	£94,361	£1,282	9
2003	£69,600	£1,061	5
2002	£46,696	£669	12
2001	£43,577	£591	13
2000	£37,271	£602	6
1999	£38,350	£513	5
1998	£44,850	£464	7
1997	£32,680	£503	5
1996	£32,682	£529	11
1995	£29,750	£406	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£3,013,125	£10,001	3
2022	£700,000	£7,778	1
2019	£37,000	£1,333	2
2018	£1,000		1
2016	£230,000	£1,442	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£214,679	£2,156	5
2022	£267,375	£2,503	8
2021	£283,559	£2,249	13
2020	£238,722	£2,027	9
2019	£245,719	£1,975	16
2018	£234,297	£1,781	15
2017	£212,996	£1,560	13
2016	£194,750	£1,833	19
2015	£196,216	£1,813	22
2014	£175,919	£1,494	26
2013	£165,379	£1,672	14
2012	£210,059	£1,710	16
2011	£189,050	£1,733	22
2010	£188,965	£1,646	23
2009	£191,030	£1,580	18
2008	£212,283	£1,879	27
2007	£223,414	£1,588	7
2006	£190,463	£1,748	16
2005	£181,950	£1,085	5
2004	£183,300	£1,043	5
2003	£226,000	£1,244	5
2002	£99,870	£884	5
2001	£75,490	£784	5
2000	£58,756	£642	8
1999	£84,000	£729	3
1998	£83,500	£615	7
1997	£80,200	£536	5
1996	£64,708	£604	6
1995	£63,238	£796	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£84,000	£1,333	1
2019	£105,000	£1,780	1
2018	£82,500	£1,310	1
2016	£74,000		1
2015	£92,362	£1,420	4
2014	£107,475	£1,719	4
2007	£55,000	£1,140	2
2006	£60,000	£1,395	1
2003	£28,137	£544	3
2001	£24,950	£454	1
2000	£39,583	£797	3
1999	£16,000	£381	1
1996	£19,000	£500	1
1995	£18,000	£327	1

House Type in LN8 3RB area

The most common house types in the LN8 3RB postcode area are Detached (67), Terraced (44), and Semi-detached (35).

Total	147
Detached	67
Terraced	44
Semi-detached	35
Flat	1
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (55), and Owned: Owns outright (34).

Owned: Owns with a mortgage or loan	55
Owned: Owns outright	34
Private rented: Private landlord or letting agency	22
Shared ownership: Shared ownership	13
Social rented: Other social rented	13
Social rented: Rents from council or Local Authority	6
Private rented: Other private rented	3
Lives rent free	2
Does not apply	0

Number of People in a Household

The most houses in the LN8 3RB have 2 people in household (56), and 1 person in household (30).

2 people in household	56
1 person in household	30
3 people in household	26
4 people in household	23
5 people in household	6
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0