Housing Market Analysis for THORPE LANE, LN8 3XJ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £292,562 median price is £329,000 Standard Deviation is £103,561 with Total Sold: 8
    • The Last 5 Year average price is £365,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE ANCHORAGE THORPE LANE: £365,000 (Sold on 27 Mar 2024)
    • The first recorded sale happened at this postcode is 4 THORPE LANE: £114,000 (Sold on 01 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 3XJ 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
2024£365,0001
2018£377,500 £1,798 1
2017£424,000 £2,343 1
2009£276,500 £1,788 2
2007£350,000 £1,515 1
2000£157,000 £680 1
1996£114,0001

All the Sales in the THORPE LANE, LN8 3XJ

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

AddressSold DatePrice% Change
THE ANCHORAGE THORPE LANEDetached, Freehold27 Mar 2024£365,00048.98%
20 Aug 2009£245,000First Sale
BIRCH TREES THORPE LANEDetached, FreeholdArea: 210 Sq.mtrAge: 1976-198216 Feb 2018£377,500First Sale
WESTLYN THORPE LANEDetached, FreeholdArea: 181 Sq.mtrAge: 1930-194931 May 2017£424,000First Sale
4 THORPE LANEDetached, Freehold14 May 2009£308,000170.18%
01 May 1996£114,000First Sale
SHEPARDS HILL THORPE LANEDetached, FreeholdArea: 231 Sq.mtrAge: 1930-194929 Jun 2007£350,000122.93%
31 Jul 2000£157,000First Sale

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

THORPE LANE, LN8 3XJ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £295,440 median price is £293,000 Standard Deviation is £139,875 with Total Sold: 53
    • The Last 5 Year average price is £555,929 with Total Sold: 7
    • The most recent sale happened at this postcode is , THE ANCHORAGE THORPE LANE: £365,000 (Sold on 27 Mar 2024)
    • The first recorded sale happened at this postcode is , THE FORD COTTAGE THORPE LANE: £67,500 (Sold on 20 Jul 1995)
  • Semi-Detached
    • The average price is around £239,983 median price is £160,000 Standard Deviation is £113,149 with Total Sold: 3
    • The Last 5 Year average price is £400,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE STONE COTTAGE THORPE LANE: £400,000 (Sold on 03 Aug 2021)
    • The first recorded sale happened at this postcode is , WATERSIDE COTTAGE THORPE LANE: £159,950 (Sold on 28 Mar 2003)
  • Other
    • The average price is around £257,500 median price is £257,500 Standard Deviation is £252,500 with Total Sold: 2
    • The Last 5 Year average price is £5,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , VINE COTTAGE RASEN ROAD: £5,000 (Sold on 08 Apr 2019)
    • The first recorded sale happened at this postcode is , TWALESBY GRANGE WALESBY LANE: £510,000 (Sold on 20 Oct 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£365,0001
2023£495,000 £2,735 1
2021£559,500 £2,774 2
2020£637,500 £2,591 1
2019£637,500 £2,603 2
2018£377,500 £1,798 1
2017£370,000 £1,797 3
2015£360,333 £1,750 3
2014£273,000 £1,594 1
2013£251,000 £1,059 1
2011£240,0001
2010£330,000 £2,075 1
2009£302,500 £1,582 4
2008£298,000 £1,813 3
2007£357,500 £1,515 2
2006£306,250 £1,795 2
2005£300,000 £1,484 1
2004£301,283 £1,768 6
2003£240,000 £1,204 2
2002£182,975 £1,222 2
2001£151,317 £882 3
2000£152,988 £825 4
1999£138,375 £698 2
1998£45,000 £218 1
1997£150,000 £577 1
1996£114,0001
1995£67,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£400,000 £2,395 1
2010£160,000 £1,509 1
2003£159,9501
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£5,000 £19 1
2017£510,000 £4,180 1

House Type in LN8 3XJ area

The most common house types in the LN8 3XJ postcode area are Detached (84), Semi-detached (30), and Terraced (1).

Total117
Detached84
Semi-detached30
Terraced1
Flat1
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (67), and Owned: Owns with a mortgage or loan (32).

Owned: Owns outright67
Owned: Owns with a mortgage or loan32
Private rented: Private landlord or letting agency6
Social rented: Other social rented5
Private rented: Other private rented5
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0

Number of People in a Household

The most houses in the LN8 3XJ have 2 people in household (58), and 1 person in household (26).

2 people in household58
1 person in household26
3 people in household15
4 people in household12
5 people in household6
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0