Housing Market Analysis for LN8 5LQ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £355,587 median price is £425,000 Standard Deviation is £130,791 with Total Sold: 9
    • The Last 5 Year average price is £451,166 with Total Sold: 2
    • The most recent sale happened at this postcode is HOMESTEAD: £451,000 (Sold on 16 Jun 2023)
    • The first recorded sale happened at this postcode is WARREN HOUSE: £158,000 (Sold on 01 Sep 1997)
  • Other
    • The average price is around £792,475 median price is £792,475 Standard Deviation is £92,525 with Total Sold: 2
    • The Last 5 Year average price is £699,950 with Total Sold: 1
    • The most recent sale happened at this postcode is THE OLD RECTORY: £699,950 (Sold on 29 Jul 2020)
    • The first recorded sale happened at this postcode is THE WALLED GARDENS: £885,000 (Sold on 11 Sep 2018)
  • Semi-Detached
    • The average price is around £170,000 median price is £170,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is POPPY COTTAGE: £170,000 (Sold on 27 May 2002)
    • The first recorded sale happened at this postcode is POPPY COTTAGE: £170,000 (Sold on 27 May 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 5LQ 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£451,000 £3,132 1
2022£451,333 £4,653 1
2017£500,000 £1,220 1
2013£299,950 £1,935 1
2007£495,000 £2,336 1
2003£425,000 £1,037 1
2002£265,000 £1,840 1
2001£155,000 £681 1
1997£158,000 £385 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£699,950 £1,763 1
2018£885,000 £3,886 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£170,000 £1,097 1

All the Sales in the LN8 5LQ

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

AddressSold DatePrice% Change
HOMESTEADDetached, FreeholdArea: 144 Sq.mtrAge: 1983-199016 Jun 2023£451,00070.19%
04 Feb 2002£265,000First Sale
THE BEECHESDetached, FreeholdArea: 97 Sq.mtrAge: 1930-194930 May 2022£451,333First Sale
THE OLD RECTORYOther, FreeholdArea: 397 Sq.mtrAge: before 190029 Jul 2020£699,950First Sale
THE WALLED GARDENSOther, FreeholdArea: 227.74 Sq.mtrAge: 2007 onwards11 Sep 2018£885,000470.97%
04 May 2001£155,000First Sale
WARREN HOUSEDetached, FreeholdArea: 410 Sq.mtrAge: before 190023 May 2017£500,00017.65%
28 Oct 2003£425,000168.99%
01 Sep 1997£158,000First Sale
POPPY COTTAGEDetached, FreeholdArea: 155 Sq.mtrAge: before 190016 Sep 2013£299,95076.44%
27 May 2002£170,000First Sale
THE PHEASANTRYDetached, FreeholdArea: 211.88 Sq.mtr03 Apr 2007£495,000First Sale

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

LN8 5LQ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £355,587 median price is £425,000 Standard Deviation is £130,791 with Total Sold: 9
    • The Last 5 Year average price is £451,166 with Total Sold: 2
    • The most recent sale happened at this postcode is , HOMESTEAD : £451,000 (Sold on 16 Jun 2023)
    • The first recorded sale happened at this postcode is , WARREN HOUSE : £158,000 (Sold on 01 Sep 1997)
  • Other
    • The average price is around £792,475 median price is £792,475 Standard Deviation is £92,525 with Total Sold: 2
    • The Last 5 Year average price is £699,950 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE OLD RECTORY : £699,950 (Sold on 29 Jul 2020)
    • The first recorded sale happened at this postcode is , THE WALLED GARDENS : £885,000 (Sold on 11 Sep 2018)
  • Semi-Detached
    • The average price is around £170,000 median price is £170,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , POPPY COTTAGE : £170,000 (Sold on 27 May 2002)
    • The first recorded sale happened at this postcode is , POPPY COTTAGE : £170,000 (Sold on 27 May 2002)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£451,000 £3,132 1
2022£451,333 £4,653 1
2017£500,000 £1,220 1
2013£299,950 £1,935 1
2007£495,000 £2,336 1
2003£425,000 £1,037 1
2002£265,000 £1,840 1
2001£155,000 £681 1
1997£158,000 £385 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£699,950 £1,763 1
2018£885,000 £3,886 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£170,000 £1,097 1

House Type in LN8 5LQ area

The most common house types in the LN8 5LQ postcode area are Detached (116), Semi-detached (35), and Terraced (2).

Total156
Detached116
Semi-detached35
Terraced2
converted building2
temporary structure1
Flat0
Shared house0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (80), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright80
Owned: Owns with a mortgage or loan43
Private rented: Private landlord or letting agency18
Social rented: Other social rented7
Private rented: Other private rented5
Social rented: Rents from council or Local Authority3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN8 5LQ have 2 people in household (72), and 1 person in household (28).

2 people in household72
1 person in household28
3 people in household24
4 people in household14
5 people in household12
6 people in household2
7 people in household1
8 or more people in household1
0 people in household0