Housing Market Analysis for LOUTH ROAD, LN8 5LB

Are you looking to understand LN8 5LB 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 East Lindsey postcode.

For the location information and nearby amenities in the LN8 5LB area, explore the LN8 5LB Area information page.
For comprehensive crime statistics in the LN8 5LB area, explore the LN8 5LB Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £268,909 median price is £265,000 Standard Deviation is £115,896 with Total Sold: 11
    • The Last 5 Year average price is £392,500 with Total Sold: 4
    • The most recent sale happened at this postcode is FAIRWAYS LOUTH ROAD: £455,000 (Sold on 25 Sep 2023)
    • The first recorded sale happened at this postcode is ASHDENE LOUTH ROAD: £78,000 (Sold on 23 Oct 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 5LB 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
2023£422,500 £2,545 2
2021£400,000 £2,222 1
2019£325,000 £1,806 1
2017£320,000 £1,739 1
2013£200,000 £1,372 1
2012£265,000 £1,472 1
2010£170,000 £2,311 1
2007£240,0001
2001£115,000 £625 1
1996£78,0001

All the Sales in the LOUTH ROAD, LN8 5LB

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

AddressSold DatePrice% Change
FAIRWAYS LOUTH ROADDetached, FreeholdArea: 184 Sq.mtrAge: 1930-194925 Sep 2023£455,00042.19%
03 Nov 2017£320,000178.26%
14 Jun 2001£115,000First Sale
BARN VIEW LOUTH ROADDetached, FreeholdArea: 149 Sq.mtrAge: 202231 May 2023£390,000First Sale
THE PINES LOUTH ROADDetached, FreeholdArea: 180 Sq.mtrAge: 1983-199029 Sep 2021£400,00023.08%
29 Apr 2019£325,00022.64%
21 Aug 2012£265,000First Sale
SUNKIST LOUTH ROADDetached, FreeholdArea: 145.8 Sq.mtrAge: 1950-196616 Sep 2013£200,000First Sale
CARAVEL LOUTH ROADDetached, FreeholdArea: 73.57 Sq.mtrAge: 1976-198216 Jul 2010£170,000First Sale
HIGHFIELD LOUTH ROADDetached, Freehold25 May 2007£240,000First Sale
ASHDENE LOUTH ROADDetached, Freehold23 Oct 1996£78,000First Sale

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

LOUTH ROAD, LN8 5LB Near By properties

Interactive Map

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

  • Detached
    • The average price is around £205,038 median price is £190,500 Standard Deviation is £101,645 with Total Sold: 50
    • The Last 5 Year average price is £321,400 with Total Sold: 15
    • The most recent sale happened at this postcode is , RUTLAND LOUTH ROAD: £227,500 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , EASTGATE LOUTH ROAD: £60,000 (Sold on 28 Jun 1996)
  • Semi-Detached
    • The average price is around £119,688 median price is £108,000 Standard Deviation is £63,721 with Total Sold: 8
    • The Last 5 Year average price is £193,333 with Total Sold: 3
    • The most recent sale happened at this postcode is , THE COTTAGE LOUTH ROAD: £180,000 (Sold on 06 Apr 2024)
    • The first recorded sale happened at this postcode is , THE COTTAGE LOUTH ROAD: £30,000 (Sold on 28 Jun 1996)
  • Terraced
    • The average price is around £147,642 median price is £136,475 Standard Deviation is £24,142 with Total Sold: 12
    • The Last 5 Year average price is £160,333 with Total Sold: 6
    • The most recent sale happened at this postcode is , HONEY COTTAGE LOUTH ROAD: £195,000 (Sold on 12 Jan 2022)
    • The first recorded sale happened at this postcode is , THORNE COTTAGE LOUTH ROAD: £129,950 (Sold on 02 Dec 2016)
  • Other
    • The average price is around £78,333 median price is £85,000 Standard Deviation is £20,950 with Total Sold: 3
    • The Last 5 Year average price is £67,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , EASTGATE LODGE LOUTH ROAD: £50,000 (Sold on 23 Jul 2021)
    • The first recorded sale happened at this postcode is , SIMALIM SILVER STREET: £100,000 (Sold on 29 Sep 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£227,5001
2023£376,667 £2,428 3
2022£444,000 £2,643 1
2021£299,917 £2,474 6
2020£312,500 £2,058 2
2019£297,500 £1,875 2
2018£173,333 £1,616 3
2017£230,000 £1,673 3
2016£196,250 £2,179 2
2014£198,000 £1,852 2
2013£167,500 £1,444 2
2012£265,000 £1,472 1
2010£168,000 £2,113 2
2009£194,975 £1,881 2
2008£181,000 £1,248 1
2007£210,000 £1,839 2
2006£188,317 £1,387 3
2005£150,0001
2002£74,0001
2001£115,000 £625 1
2000£68,0001
1999£76,500 £485 2
1998£65,750 £410 2
1997£55,500 £352 2
1996£69,000 £432 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0001
2022£170,000 £1,650 1
2020£230,000 £1,575 1
2006£65,000 £812 1
2000£108,000 £843 2
1999£66,5001
1996£30,000 £375 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£195,000 £1,990 1
2021£167,000 £2,045 2
2020£115,000 £852 1
2019£159,000 £1,960 2
2018£129,950 £1,969 2
2017£139,9503
2016£129,9501
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£50,000 £298 1
2019£85,000 £644 1
2017£100,000 £685 1

House Type in LN8 5LB area

The most common house types in the LN8 5LB postcode area are Detached (95), Semi-detached (28), and Terraced (12).

Total135
Detached95
Semi-detached28
Terraced12
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 (89), and Owned: Owns with a mortgage or loan (32).

Owned: Owns outright89
Owned: Owns with a mortgage or loan32
Private rented: Private landlord or letting agency12
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the LN8 5LB have 2 people in household (64), and 1 person in household (40).

2 people in household64
1 person in household40
3 people in household19
4 people in household7
5 people in household6
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0