Housing Market Analysis for FOLLY VIEW, LN8 3SU

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £645,625 median price is £653,750 Standard Deviation is £30,020 with Total Sold: 4
    • The Last 5 Year average price is £645,625 with Total Sold: 4
    • The most recent sale happened at this postcode is 4 FOLLY VIEW: £670,000 (Sold on 16 Mar 2021)
    • The first recorded sale happened at this postcode is 3 FOLLY VIEW: £675,000 (Sold on 18 Jul 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 3SU 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£670,000 £2,724 1
2020£637,500 £2,591 1
2019£637,500 £2,603 2

All the Sales in the FOLLY VIEW, LN8 3SU

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

AddressSold DatePrice% Change
4 FOLLY VIEWDetached, FreeholdArea: 246 Sq.mtr16 Mar 2021£670,000First Sale
2 FOLLY VIEWDetached, FreeholdArea: 246 Sq.mtr13 Aug 2020£637,500First Sale
1 FOLLY VIEWDetached, FreeholdArea: 224 Sq.mtr19 Jul 2019£600,000First Sale
3 FOLLY VIEWDetached, FreeholdArea: 267 Sq.mtr18 Jul 2019£675,000First Sale

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

FOLLY VIEW, LN8 3SU Near By properties

Interactive Map

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

  • Detached
    • The average price is around £278,111 median price is £270,750 Standard Deviation is £142,625 with Total Sold: 156
    • The Last 5 Year average price is £459,807 with Total Sold: 30
    • The most recent sale happened at this postcode is , 5 MILLFIELD CLOSE: £440,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 5 COW LANE: £107,000 (Sold on 09 Feb 1996)
  • Other
    • The average price is around £424,600 median price is £470,000 Standard Deviation is £133,134 with Total Sold: 5
    • The Last 5 Year average price is £403,250 with Total Sold: 4
    • The most recent sale happened at this postcode is , OLDE BARN INN COW LANE: £435,000 (Sold on 31 Mar 2022)
    • The first recorded sale happened at this postcode is , TWALESBY GRANGE WALESBY LANE: £510,000 (Sold on 20 Oct 2017)
  • Semi-Detached
    • The average price is around £200,700 median price is £197,625 Standard Deviation is £88,501 with Total Sold: 8
    • The Last 5 Year average price is £317,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 12 COW LANE: £340,000 (Sold on 10 Jan 2022)
    • The first recorded sale happened at this postcode is , 26 COW LANE: £50,500 (Sold on 23 May 1997)
  • Terraced
    • The average price is around £164,250 median price is £174,000 Standard Deviation is £68,361 with Total Sold: 4
    • The Last 5 Year average price is £250,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 28 RASEN ROAD: £250,000 (Sold on 12 Sep 2019)
    • The first recorded sale happened at this postcode is , 28 RASEN ROAD: £59,000 (Sold on 24 Apr 1998)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£432,500 £3,133 4
2023£488,333 £6,490 3
2022£552,500 £3,723 1
2021£447,402 £2,878 13
2020£486,500 £3,086 3
2019£461,833 £2,784 6
2018£308,611 £3,494 9
2017£486,000 £2,316 5
2016£327,250 £2,079 4
2015£290,625 £1,972 4
2014£275,429 £1,738 7
2012£208,333 £2,043 3
2011£212,500 £1,968 4
2010£309,220 £1,781 5
2009£272,143 £1,860 7
2008£258,325 £2,398 10
2007£291,083 £1,811 6
2006£292,357 £1,705 7
2005£300,000 £1,484 1
2004£249,522 £1,631 9
2003£209,100 £1,204 5
2002£178,790 £1,421 5
2001£123,950 £767 8
2000£121,860 £771 9
1999£138,375 £698 2
1998£76,8333
1997£135,833 £1,315 3
1996£119,350 £806 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£435,0001
2020£354,000 £2,488 2
2019£470,000 £2,315 1
2017£510,000 £4,180 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£340,000 £4,658 1
2021£295,000 £2,611 1
2018£242,000 £3,315 1
2010£224,250 £3,072 1
2009£170,0001
2007£112,8501
2003£171,000 £1,513 1
1997£50,500 £526 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£250,000 £3,333 1
2006£168,000 £2,240 1
2003£180,000 £2,400 1
1998£59,000 £787 1

House Type in LN8 3SU area

The most common house types in the LN8 3SU postcode area are Detached (95), Semi-detached (30), and Terraced (11).

Total136
Detached95
Semi-detached30
Terraced11
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 (81), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright81
Owned: Owns with a mortgage or loan35
Private rented: Private landlord or letting agency11
Social rented: Other social rented6
Private rented: Other private rented3
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN8 3SU have 2 people in household (53), and 1 person in household (46).

2 people in household53
1 person in household46
3 people in household21
4 people in household17
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0