Housing Market Analysis for CORNER FARM CLOSE, LN8 3WE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £361,667 median price is £320,000 Standard Deviation is £73,522 with Total Sold: 3
    • The Last 5 Year average price is £361,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 2 CORNER FARM CLOSE: £465,000 (Sold on 15 Jun 2022)
    • The first recorded sale happened at this postcode is 2 CORNER FARM CLOSE: £300,000 (Sold on 18 Mar 2020)
  • Semi-Detached
    • The average price is around £325,250 median price is £320,000 Standard Deviation is £90,803 with Total Sold: 4
    • The Last 5 Year average price is £325,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 4 CORNER FARM CLOSE: £385,000 (Sold on 24 Feb 2021)
    • The first recorded sale happened at this postcode is 8 CORNER FARM CLOSE: £220,000 (Sold on 13 Mar 2020)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 3WE 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
2022£465,000 £2,818 1
2021£320,000 £1,768 1
2020£300,000 £1,818 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£385,000 £2,213 1
2020£305,333 £1,926 3

All the Sales in the CORNER FARM CLOSE, LN8 3WE

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

AddressSold DatePrice% Change
2 CORNER FARM CLOSEDetached, FreeholdArea: 165 Sq.mtr15 Jun 2022£465,00055.00%
18 Mar 2020£300,000First Sale
1 CORNER FARM CLOSEDetached, FreeholdArea: 181 Sq.mtr05 Mar 2021£320,000First Sale
4 CORNER FARM CLOSESemi-Detached, FreeholdArea: 174 Sq.mtr24 Feb 2021£385,000First Sale
3 CORNER FARM CLOSESemi-Detached, FreeholdArea: 205 Sq.mtr20 Oct 2020£441,000First Sale
9 CORNER FARM CLOSESemi-Detached, FreeholdArea: 131 Sq.mtr16 Mar 2020£255,000First Sale
8 CORNER FARM CLOSESemi-Detached, FreeholdArea: 131 Sq.mtr13 Mar 2020£220,000First Sale

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

CORNER FARM CLOSE, LN8 3WE Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £118,257 median price is £117,000 Standard Deviation is £79,987 with Total Sold: 55
    • The Last 5 Year average price is £215,308 with Total Sold: 13
    • The most recent sale happened at this postcode is , 1 GAINSBOROUGH ROAD: £230,000 (Sold on 10 Jul 2023)
    • The first recorded sale happened at this postcode is , 8 WILKINSON DRIVE: £34,000 (Sold on 10 Feb 1995)
  • Detached
    • The average price is around £204,122 median price is £205,000 Standard Deviation is £106,863 with Total Sold: 45
    • The Last 5 Year average price is £304,795 with Total Sold: 11
    • The most recent sale happened at this postcode is DUNWICH, THE ROTHER GAINSBOROUGH ROAD: £405,000 (Sold on 27 Feb 2023)
    • The first recorded sale happened at this postcode is , 2 MALLOWFIELD: £94,950 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £67,825 median price is £52,475 Standard Deviation is £45,389 with Total Sold: 22
    • The Last 5 Year average price is £78,000 with Total Sold: 1
    • 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 , 4 NAGS HEAD ROW: £24,500 (Sold on 15 Mar 1995)
  • Other
    • The average price is around £92,500 median price is £92,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , THORNFIELD HOUSE GAINSBOROUGH ROAD: £92,500 (Sold on 28 Mar 2017)
    • 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£230,000 £2,150 1
2022£190,000 £2,154 2
2021£199,800 £1,851 5
2020£262,500 £1,853 4
2019£140,000 £1,795 1
2018£144,250 £1,484 2
2017£155,000 £1,649 1
2014£105,875 £1,187 4
2013£138,000 £1,468 1
2012£123,000 £1,086 1
2010£116,558 £1,326 2
2008£120,8323
2007£103,500 £1,168 2
2006£144,000 £1,218 2
2005£101,500 £1,336 4
2004£88,833 £1,011 3
2003£107,250 £1,228 2
2002£52,250 £669 4
2001£45,000 £549 1
2000£45,167 £462 3
1998£35,500 £412 2
1997£45,000 £366 1
1996£17,500 £269 2
1995£29,5002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£405,000 £3,092 1
2022£294,500 £2,300 3
2021£308,750 £1,994 2
2020£283,375 £1,943 2
2019£293,333 £1,732 3
2018£480,000 £2,038 1
2017£255,833 £1,798 3
2016£260,000 £1,769 1
2014£243,333 £1,584 3
2013£223,317 £1,605 3
2012£80,450 £946 1
2011£162,500 £1,212 2
2009£175,0001
2007£203,738 £1,008 4
2006£143,333 £999 3
2004£205,0001
2002£80,650 £776 3
2000£79,000 £790 1
1999£79,000 £812 2
1998£87,000 £700 2
1997£73,500 £588 2
1995£94,950 £753 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£78,000 £1,733 1
2017£135,000 £2,015 1
2016£145,000 £1,559 1
2014£95,000 £911 1
2007£91,500 £1,567 2
2006£173,5001
2004£70,650 £1,244 3
2003£82,475 £522 2
2002£21,0001
2001£42,000 £403 1
1999£40,250 £470 2
1998£42,2501
1997£19,750 £400 2
1996£28,000 £582 2
1995£24,500 £235 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£92,500 £717 1

House Type in LN8 3WE area

The most common house types in the LN8 3WE 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 3WE 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