Housing Market Analysis for LN8 5NW

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £163,333 median price is £203,500 Standard Deviation is £67,688 with Total Sold: 3
    • The Last 5 Year average price is £211,000 with Total Sold: 2
    • The most recent sale happened at this postcode is HALL FARM COTTAGE WRAGBY ROAD: £203,500 (Sold on 09 Jan 2020)
    • The first recorded sale happened at this postcode is THE WAYSIDE: £68,000 (Sold on 30 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 5NW 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
2020£203,500 £1,602 1
2019£218,5001
1997£68,0001

All the Sales in the LN8 5NW

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

AddressSold DatePrice% Change
HALL FARM COTTAGE WRAGBY ROADDetached, FreeholdArea: 127 Sq.mtrAge: before 190009 Jan 2020£203,500First Sale
BULLINGTON HALLDetached, Freehold15 Nov 2019£218,500First Sale
THE WAYSIDEDetached, Freehold30 Sep 1997£68,000First Sale

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

LN8 5NW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN8 5NW 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 5NW 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 £178,800 median price is £203,500 Standard Deviation is £63,178 with Total Sold: 5
    • The Last 5 Year average price is £211,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , HALL FARM COTTAGE WRAGBY ROAD: £203,500 (Sold on 09 Jan 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£203,500 £1,602 1
2019£218,5001
2010£155,000 £1,566 1
2004£249,0001
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 5NW area

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