Housing Market Analysis for HOOP LANE, LN8 5JR

Are you looking to understand LN8 5JR 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 5JR area, explore the LN8 5JR Area information page.
For comprehensive crime statistics in the LN8 5JR area, explore the LN8 5JR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN8 5JR postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £129,767 median price is £150,000 Standard Deviation is £58,304 with Total Sold: 9
    • The Last 5 Year average price is £195,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5, CHAMBERS FARM COTTAGES HOOP LANE: £195,000 (Sold on 20 Apr 2023)
    • The first recorded sale happened at this postcode is 9, CHAMBERS FARM COTTAGES HOOP LANE: £59,950 (Sold on 18 Aug 1995)
  • Detached
    • The average price is around £292,600 median price is £330,000 Standard Deviation is £188,550 with Total Sold: 5
    • The Last 5 Year average price is £540,000 with Total Sold: 1
    • The most recent sale happened at this postcode is CHAMBERS FARM HOOP LANE: £540,000 (Sold on 13 May 2021)
    • The first recorded sale happened at this postcode is CHAMBERS BUNGALOW HOOP LANE: £73,000 (Sold on 14 Jun 1996)
  • Terraced
    • The average price is around £95,167 median price is £62,000 Standard Deviation is £58,210 with Total Sold: 3
    • The most recent sale happened at this postcode is 8, CHAMBERS FARM COTTAGES HOOP LANE: £177,000 (Sold on 10 Jan 2007)
    • The first recorded sale happened at this postcode is 8, CHAMBERS FARM COTTAGES HOOP LANE: £46,500 (Sold on 04 Jul 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 5JR 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£195,000 £1,990 1
2017£184,000 £1,786 2
2016£157,000 £1,784 1
2012£144,000 £1,695 1
2003£150,000 £1,339 1
1998£48,950 £204 1
1996£45,000 £459 1
1995£59,950 £535 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£540,000 £2,250 1
2017£440,000 £2,529 1
2013£330,000 £1,375 1
1997£80,000 £460 1
1996£73,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£177,000 £738 1
2000£62,000 £258 1
1997£46,500 £194 1

All the Sales in the HOOP LANE, LN8 5JR

See the table below for more details on the sold house prices in the LN8 5JR, West Lindsey postcode.

AddressSold DatePrice% Change
5, CHAMBERS FARM COTTAGES HOOP LANESemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1930-194920 Apr 2023£195,000333.33%
24 Jun 1996£45,000First Sale
CHAMBERS FARM HOOP LANEDetached, FreeholdArea: 240 Sq.mtrAge: before 190013 May 2021£540,00063.64%
15 Nov 2013£330,000First Sale
6, CHAMBERS FARM COTTAGES HOOP LANESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1983-199001 Dec 2017£168,000First Sale
9, CHAMBERS FARM COTTAGES HOOP LANESemi-Detached, FreeholdArea: 112 Sq.mtrAge: 1950-196617 May 2017£200,00033.33%
31 Jan 2003£150,000150.21%
18 Aug 1995£59,950First Sale
THE COTTAGES HOOP LANEDetached, FreeholdArea: 174 Sq.mtrAge: before 190028 Feb 2017£440,000450.00%
26 Mar 1997£80,000First Sale
3, CHAMBERS FARM COTTAGES HOOP LANESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-196621 Dec 2016£157,000First Sale
2, CHAMBERS FARM COTTAGES HOOP LANESemi-Detached, FreeholdArea: 84.95 Sq.mtrAge: 1950-196613 Jul 2012£144,000First Sale
8, CHAMBERS FARM COTTAGES HOOP LANETerraced, FreeholdArea: 240 Sq.mtrAge: before 190010 Jan 2007£177,000185.48%
28 Jul 2000£62,00033.33%
04 Jul 1997£46,500First Sale
1, CHAMBERS FARM COTTAGES HOOP LANESemi-Detached, FreeholdArea: 240 Sq.mtrAge: before 190018 Dec 1998£48,950First Sale
CHAMBERS BUNGALOW HOOP LANEDetached, Freehold14 Jun 1996£73,000First Sale

Check out the sold house prices near the LN8 5JR postcode. Properties currently for saleProperties currently for rent

HOOP LANE, LN8 5JR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN8 5JR 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 5JR postcode.

  • Semi-Detached
    • The average price is around £129,767 median price is £150,000 Standard Deviation is £58,304 with Total Sold: 9
    • The Last 5 Year average price is £195,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5, CHAMBERS FARM COTTAGES HOOP LANE: £195,000 (Sold on 20 Apr 2023)
    • The first recorded sale happened at this postcode is 9, CHAMBERS FARM COTTAGES HOOP LANE: £59,950 (Sold on 18 Aug 1995)
  • Detached
    • The average price is around £292,600 median price is £330,000 Standard Deviation is £188,550 with Total Sold: 5
    • The Last 5 Year average price is £540,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , CHAMBERS FARM HOOP LANE: £540,000 (Sold on 13 May 2021)
    • The first recorded sale happened at this postcode is , CHAMBERS BUNGALOW HOOP LANE: £73,000 (Sold on 14 Jun 1996)
  • Terraced
    • The average price is around £95,167 median price is £62,000 Standard Deviation is £58,210 with Total Sold: 3
    • The most recent sale happened at this postcode is 8, CHAMBERS FARM COTTAGES HOOP LANE: £177,000 (Sold on 10 Jan 2007)
    • The first recorded sale happened at this postcode is 8, CHAMBERS FARM COTTAGES HOOP LANE: £46,500 (Sold on 04 Jul 1997)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£195,000 £1,990 1
2017£184,000 £1,786 2
2016£157,000 £1,784 1
2012£144,000 £1,695 1
2003£150,000 £1,339 1
1998£48,950 £204 1
1996£45,000 £459 1
1995£59,950 £535 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£540,000 £2,250 1
2017£440,000 £2,529 1
2013£330,000 £1,375 1
1997£80,000 £460 1
1996£73,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£177,000 £738 1
2000£62,000 £258 1
1997£46,500 £194 1

House Type in LN8 5JR area

The most common house types in the LN8 5JR postcode area are Semi-detached (71), Detached (68), and Terraced (23).

Total165
Semi-detached71
Detached68
Terraced23
Flat1
commercial building1
temporary structure1
Shared house0
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (58), and Social rented: Other social rented (42).

Owned: Owns outright58
Social rented: Other social rented42
Owned: Owns with a mortgage or loan31
Private rented: Private landlord or letting agency12
Private rented: Other private rented10
Social rented: Rents from council or Local Authority6
Shared ownership: Shared ownership4
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the LN8 5JR have 2 people in household (58), and 1 person in household (52).

2 people in household58
1 person in household52
3 people in household23
4 people in household15
5 people in household8
6 people in household6
7 people in household1
0 people in household0
8 or more people in household0