Housing Market Analysis for WIREHILL LANE, LN8 5LD

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £316,667 median price is £240,000 Standard Deviation is £149,015 with Total Sold: 3
    • The Last 5 Year average price is £525,000 with Total Sold: 1
    • The most recent sale happened at this postcode is GATE HOUSE WIREHILL LANE: £525,000 (Sold on 25 Aug 2022)
    • The first recorded sale happened at this postcode is WIRE HILL WIREHILL LANE: £185,000 (Sold on 17 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 5LD 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£525,000 £3,889 1
2008£240,000 £1,778 1
1996£185,000 £601 1

All the Sales in the WIREHILL LANE, LN8 5LD

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

AddressSold DatePrice% Change
GATE HOUSE WIREHILL LANEDetached, FreeholdArea: 135 Sq.mtrAge: 1900-192925 Aug 2022£525,000118.75%
10 Apr 2008£240,000First Sale
WIRE HILL WIREHILL LANEDetached, FreeholdArea: 308 Sq.mtrAge: before 190017 May 1996£185,000First Sale

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

WIREHILL LANE, LN8 5LD Near By properties

Interactive Map

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

  • Detached
    • The average price is around £316,667 median price is £240,000 Standard Deviation is £149,015 with Total Sold: 3
    • The Last 5 Year average price is £525,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , GATE HOUSE WIREHILL LANE: £525,000 (Sold on 25 Aug 2022)
    • The first recorded sale happened at this postcode is , WIRE HILL WIREHILL LANE: £185,000 (Sold on 17 May 1996)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£525,000 £3,889 1
2008£240,000 £1,778 1
1996£185,000 £601 1

House Type in LN8 5LD area

The most common house types in the LN8 5LD 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 5LD 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