Housing Market Analysis for SHORTWOOD LANE, LN8 5NR

Are you looking to understand LN8 5NR 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 West Lindsey postcode.

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £129,000 median price is £142,000 Standard Deviation is £59,905 with Total Sold: 3
    • The Last 5 Year average price is £195,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 SHORTWOOD LANE: £195,000 (Sold on 20 Aug 2021)
    • The first recorded sale happened at this postcode is 2 SHORTWOOD LANE: £50,000 (Sold on 25 Aug 2000)
  • Semi-Detached
    • The average price is around £109,500 median price is £109,500 Standard Deviation is £16,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 3, BUNGALOW SHORTWOOD LANE: £126,000 (Sold on 22 Feb 2017)
    • The first recorded sale happened at this postcode is 3, BUNGALOW SHORTWOOD LANE: £93,000 (Sold on 06 Mar 2009)
  • Detached
    • The average price is around £202,000 median price is £202,000 Standard Deviation is £47,000 with Total Sold: 2
    • The most recent sale happened at this postcode is WOODSIDE SHORTWOOD LANE: £155,000 (Sold on 21 Jul 2010)
    • The first recorded sale happened at this postcode is SHORTWOOD HOUSE SHORTWOOD LANE: £249,000 (Sold on 21 Sep 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 5NR 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£195,000 £2,097 1
2016£142,000 £1,527 1
2000£50,000 £538 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£126,000 £2,000 1
2009£93,000 £1,476 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£155,000 £1,566 1
2004£249,0001

All the Sales in the SHORTWOOD LANE, LN8 5NR

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

AddressSold DatePrice% Change
2 SHORTWOOD LANETerraced, FreeholdArea: 93 Sq.mtrAge: 1967-197520 Aug 2021£195,00037.32%
25 Nov 2016£142,000184.00%
25 Aug 2000£50,000First Sale
3, BUNGALOW SHORTWOOD LANESemi-Detached, FreeholdArea: 63 Sq.mtrAge: 1967-197522 Feb 2017£126,00035.48%
06 Mar 2009£93,000First Sale
WOODSIDE SHORTWOOD LANEDetached, FreeholdArea: 99 Sq.mtrAge: 1967-197521 Jul 2010£155,000First Sale
SHORTWOOD HOUSE SHORTWOOD LANEDetached, Freehold21 Sep 2004£249,000First Sale

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

SHORTWOOD LANE, LN8 5NR Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £129,000 median price is £142,000 Standard Deviation is £59,905 with Total Sold: 3
    • The Last 5 Year average price is £195,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 2 SHORTWOOD LANE: £195,000 (Sold on 20 Aug 2021)
    • The first recorded sale happened at this postcode is , 2 SHORTWOOD LANE: £50,000 (Sold on 25 Aug 2000)
  • Detached
    • The average price is around £215,500 median price is £211,000 Standard Deviation is £99,864 with Total Sold: 8
    • The Last 5 Year average price is £264,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , TRIUMPH HOUSE : £370,000 (Sold on 11 Nov 2020)
    • The first recorded sale happened at this postcode is , THE WAYSIDE : £68,000 (Sold on 30 Sep 1997)
  • Semi-Detached
    • The average price is around £109,500 median price is £109,500 Standard Deviation is £16,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 3, BUNGALOW SHORTWOOD LANE: £126,000 (Sold on 22 Feb 2017)
    • The first recorded sale happened at this postcode is 3, BUNGALOW SHORTWOOD LANE: £93,000 (Sold on 06 Mar 2009)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£195,000 £2,097 1
2016£142,000 £1,527 1
2000£50,000 £538 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£286,750 £1,602 2
2019£218,5001
2016£350,000 £3,723 1
2010£155,000 £1,566 1
2004£249,0001
1998£110,000 £1,170 1
1997£68,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£126,000 £2,000 1
2009£93,000 £1,476 1

House Type in LN8 5NR area

The most common house types in the LN8 5NR postcode area are Detached (44), Semi-detached (17), and Terraced (9).

Total71
Detached44
Semi-detached17
Terraced9
temporary structure1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (28), and Owned: Owns with a mortgage or loan (27).

Owned: Owns outright28
Owned: Owns with a mortgage or loan27
Private rented: Private landlord or letting agency10
Social rented: Other social rented2
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the LN8 5NR have 2 people in household (25), and 1 person in household (24).

2 people in household25
1 person in household24
4 people in household12
3 people in household8
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0