Housing Market Analysis for MALLOWFIELD, LN8 3TU

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £126,180 median price is £95,000 Standard Deviation is £61,893 with Total Sold: 5
    • The most recent sale happened at this postcode is 2 MALLOWFIELD: £249,950 (Sold on 17 Apr 2013)
    • The first recorded sale happened at this postcode is 2 MALLOWFIELD: £94,950 (Sold on 06 Jan 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 3TU 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
2013£249,950 £1,983 1
1999£95,000 £812 1
1998£94,000 £803 1
1997£97,0001
1995£94,950 £753 1

All the Sales in the MALLOWFIELD, LN8 3TU

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

AddressSold DatePrice% Change
2 MALLOWFIELDDetached, FreeholdArea: 126.04 Sq.mtrAge: 1983-199017 Apr 2013£249,950163.24%
06 Jan 1995£94,950First Sale
3 MALLOWFIELDDetached, FreeholdArea: 117 Sq.mtrAge: 1991-199529 Oct 1999£95,0001.06%
09 Jan 1998£94,000First Sale
1 MALLOWFIELDDetached, Freehold18 Feb 1997£97,000First Sale

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

MALLOWFIELD, LN8 3TU Near By properties

Interactive Map

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

  • Detached
    • The average price is around £171,363 median price is £160,000 Standard Deviation is £93,815 with Total Sold: 313
    • The Last 5 Year average price is £294,106 with Total Sold: 54
    • The most recent sale happened at this postcode is , 32 NORTH STREET: £280,000 (Sold on 19 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 £120,799 median price is £119,995 Standard Deviation is £74,225 with Total Sold: 97
    • The Last 5 Year average price is £207,240 with Total Sold: 25
    • The most recent sale happened at this postcode is , CLAYWORTH NORTH STREET: £175,000 (Sold on 04 Sep 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 £78,205 median price is £78,000 Standard Deviation is £45,829 with Total Sold: 39
    • 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 £305,700 median price is £265,000 Standard Deviation is £239,115 with Total Sold: 5
    • The Last 5 Year average price is £390,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , THE WATERMILL LOW CHURCH ROAD: £715,000 (Sold on 29 Jun 2021)
    • 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£275,3333
2023£321,000 £3,099 4
2022£309,556 £2,351 9
2021£311,522 £2,438 20
2020£264,250 £1,904 13
2019£264,000 £2,042 5
2018£235,362 £1,777 16
2017£233,500 £1,761 9
2016£209,993 £1,573 7
2015£217,889 £1,512 9
2014£186,597 £1,506 15
2013£179,829 £1,530 12
2012£139,868 £1,625 8
2011£147,375 £1,521 8
2010£177,362 £1,541 8
2009£175,667 £1,605 9
2008£185,444 £1,302 9
2007£186,132 £1,363 14
2006£150,619 £1,238 18
2005£185,300 £2,070 5
2004£164,104 £1,687 14
2003£148,010 £1,263 7
2002£109,830 £820 15
2001£82,662 £781 12
2000£78,772 £722 9
1999£67,696 £696 15
1998£68,169 £623 13
1997£60,154 £563 13
1996£67,714 £635 7
1995£64,279 £646 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£216,600 £2,259 5
2022£216,667 £2,254 3
2021£198,222 £1,879 9
2020£238,800 £1,871 5
2019£156,667 £1,711 3
2018£147,500 £1,674 3
2017£155,000 £1,649 1
2016£118,475 £1,776 2
2014£107,750 £1,103 6
2013£127,600 £1,544 5
2012£123,000 £1,086 1
2010£124,355 £1,403 3
2009£102,400 £1,164 5
2008£121,3744
2007£103,500 £1,168 2
2006£171,333 £1,218 3
2005£101,200 £1,227 5
2004£100,750 £1,011 4
2003£107,250 £1,228 2
2002£47,600 £669 5
2001£43,488 £558 4
2000£49,357 £500 7
1998£35,500 £412 2
1997£39,250 £498 4
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£91,1673
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
2021£715,000 £4,387 1
2020£56,000 £448 1
2019£400,000 £2,899 1
2017£178,750 £1,067 2

House Type in LN8 3TU area

The most common house types in the LN8 3TU postcode area are Detached (133), Semi-detached (34), and Terraced (3).

Total171
Detached133
Semi-detached34
Terraced3
temporary structure1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (88), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright88
Owned: Owns with a mortgage or loan46
Private rented: Private landlord or letting agency16
Private rented: Other private rented9
Social rented: Other social rented8
Social rented: Rents from council or Local Authority4
Shared ownership: Shared ownership2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LN8 3TU have 2 people in household (68), and 1 person in household (50).

2 people in household68
1 person in household50
3 people in household24
4 people in household19
5 people in household7
6 people in household1
7 people in household1
8 or more people in household1
0 people in household0