Housing Market Analysis for LN8 5LN

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £292,184 median price is £270,000 Standard Deviation is £135,793 with Total Sold: 19
    • The Last 5 Year average price is £385,000 with Total Sold: 3
    • The most recent sale happened at this postcode is RANBY HILL BARN: £695,000 (Sold on 17 May 2021)
    • The first recorded sale happened at this postcode is THE STABLES: £82,500 (Sold on 15 Apr 1996)
  • Other
    • The average price is around £505,000 median price is £505,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is RANBY HILL FARM: £505,000 (Sold on 21 Aug 2017)
    • The first recorded sale happened at this postcode is RANBY HILL FARM: £505,000 (Sold on 21 Aug 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 5LN 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
2021£695,000 £2,206 1
2020£190,000 £2,043 1
2019£270,000 £1,508 1
2017£320,000 £2,270 2
2015£370,000 £1,175 1
2013£375,000 £688 1
2011£245,000 £2,043 1
2009£350,000 £1,111 2
2007£376,000 £2,335 1
2005£246,000 £1,059 2
2004£387,500 £711 1
2003£240,0001
2002£181,750 £1,118 2
1996£103,750 £329 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£505,000 £1,603 1

All the Sales in the LN8 5LN

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

AddressSold DatePrice% Change
RANBY HILL BARNDetached, FreeholdArea: 315 Sq.mtrAge: before 190017 May 2021£695,000First Sale
JASMINEDetached, FreeholdArea: 93 Sq.mtrAge: 1976-198219 Jun 2020£190,000First Sale
TRANKELDALESDetached, FreeholdArea: 179 Sq.mtrAge: before 190015 Feb 2019£270,000First Sale
RANBY HILL FARMOther, FreeholdArea: 315 Sq.mtrAge: before 190021 Aug 2017£505,00036.49%
26 Mar 2015£370,0005.71%
30 Oct 2009£350,000First Sale
SCHOOL CORNER BUNGALOWDetached, FreeholdArea: 119.9 Sq.mtrAge: 2003-200603 Aug 2017£265,0008.16%
20 Apr 2011£245,00092.91%
12 Jul 2005£127,000First Sale
ORCHARD HOUSEDetached, FreeholdArea: 161 Sq.mtrAge: 1930-194926 Jun 2017£375,000-0.27%
19 Oct 2007£376,000108.89%
20 Jun 2002£180,000First Sale
THE HOGANDetached, FreeholdArea: 545.37 Sq.mtrAge: 2003-200603 Jul 2013£375,000-3.23%
06 Feb 2004£387,500First Sale
THE OLD FORGEDetached, Freehold18 May 2009£350,000-4.11%
16 Jul 2005£365,00052.08%
13 Jun 2003£240,000First Sale
OLD SCHOOL HOUSEDetached, Freehold29 Oct 2002£183,500First Sale
RANBY HOUSEDetached, FreeholdArea: 380 Sq.mtrAge: before 190015 Apr 1996£125,000First Sale
THE STABLESDetached, Freehold15 Apr 1996£82,500First Sale

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

LN8 5LN Near By properties

Interactive Map

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

  • Detached
    • The average price is around £292,184 median price is £270,000 Standard Deviation is £135,793 with Total Sold: 19
    • The Last 5 Year average price is £385,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , RANBY HILL BARN : £695,000 (Sold on 17 May 2021)
    • The first recorded sale happened at this postcode is , THE STABLES : £82,500 (Sold on 15 Apr 1996)
  • Other
    • The average price is around £505,000 median price is £505,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , RANBY HILL FARM : £505,000 (Sold on 21 Aug 2017)
    • The first recorded sale happened at this postcode is , RANBY HILL FARM : £505,000 (Sold on 21 Aug 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£695,000 £2,206 1
2020£190,000 £2,043 1
2019£270,000 £1,508 1
2017£320,000 £2,270 2
2015£370,000 £1,175 1
2013£375,000 £688 1
2011£245,000 £2,043 1
2009£350,000 £1,111 2
2007£376,000 £2,335 1
2005£246,000 £1,059 2
2004£387,500 £711 1
2003£240,0001
2002£181,750 £1,118 2
1996£103,750 £329 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£505,000 £1,603 1

House Type in LN8 5LN area

The most common house types in the LN8 5LN postcode area are Detached (55), Semi-detached (10), and Terraced (2).

Total67
Detached55
Semi-detached10
Terraced2
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 (35), and Owned: Owns with a mortgage or loan (14).

Owned: Owns outright35
Owned: Owns with a mortgage or loan14
Private rented: Private landlord or letting agency13
Private rented: Other private rented2
Social rented: Rents from council or Local Authority1
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 5LN have 2 people in household (31), and 1 person in household (13).

2 people in household31
1 person in household13
3 people in household12
4 people in household5
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0