Housing Market Analysis for LN8 5LP

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £406,843 median price is £249,950 Standard Deviation is £318,223 with Total Sold: 3
    • The Last 5 Year average price is £850,580 with Total Sold: 1
    • The most recent sale happened at this postcode is THE MANOR: £850,580 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is WHITE COTTAGE: £120,000 (Sold on 31 Jul 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 5LP 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£850,5801
2011£249,9501
2001£120,0001

All the Sales in the LN8 5LP

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

AddressSold DatePrice% Change
THE MANORDetached, Freehold30 Jun 2021£850,580First Sale
WHITE COTTAGEDetached, Freehold25 Nov 2011£249,950108.29%
31 Jul 2001£120,000First Sale

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

LN8 5LP Near By properties

Interactive Map

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

  • Detached
    • The average price is around £295,235 median price is £249,950 Standard Deviation is £195,399 with Total Sold: 15
    • The Last 5 Year average price is £525,193 with Total Sold: 3
    • The most recent sale happened at this postcode is , HIGH ACRES MAIN ROAD: £310,000 (Sold on 22 Jul 2024)
    • The first recorded sale happened at this postcode is , ACORN CROFT MAIN ROAD: £72,000 (Sold on 11 Jun 1997)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£310,0001
2022£415,000 £4,150 1
2021£850,5801
2017£395,000 £1,653 1
2015£410,000 £2,770 1
2014£499,999 £2,869 1
2012£220,000 £2,200 1
2011£249,9501
2010£149,000 £1,336 2
2002£265,000 £1,520 1
2001£182,500 £457 2
1997£75,0002

House Type in LN8 5LP area

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