Housing Market Analysis for NEWTON CLOSE, LN8 5PL

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £98,671 median price is £106,000 Standard Deviation is £31,456 with Total Sold: 15
- The Last 5 Year average price is £141,500 with Total Sold: 2
- The most recent sale happened at this postcode is 58 NEWTON CLOSE: £163,000 (Sold on 31 Mar 2023)
- The first recorded sale happened at this postcode is 78 NEWTON CLOSE: £34,000 (Sold on 28 Oct 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 5PL 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£163,000	£1,912	1
2019	£120,000	£1,714	1
2018	£124,000	£1,459	1
2016	£106,000	£1,271	5
2015	£115,000	£1,474	1
2013	£56,070	£660	1
2010	£80,000	£939	1
2009	£88,000	£1,072	1
2008	£115,000	£1,643	1
2003	£55,000	£670	1
1997	£34,000		1

All the Sales in the NEWTON CLOSE, LN8 5PL

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

Address	Sold Date	Price	% Change
58 NEWTON CLOSESemi-Detached, FreeholdArea: 85.24 Sq.mtrAge: 1950-1966	31 Mar 2023	£163,000	103.75%
	21 May 2010	£80,000	First Sale
50 NEWTON CLOSESemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1950-1966	08 Feb 2019	£120,000	29.03%
	17 Jun 2016	£93,000	-19.13%
	29 Aug 2008	£115,000	First Sale
34 NEWTON CLOSESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1967-1975	28 Feb 2018	£124,000	121.15%
	28 Feb 2013	£56,070	First Sale
56 NEWTON CLOSESemi-Detached, FreeholdArea: 82.07 Sq.mtrAge: 1967-1975	25 Nov 2016	£98,500	11.93%
	23 Oct 2009	£88,000	60.00%
	11 Jul 2003	£55,000	First Sale
82 NEWTON CLOSESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1967-1975	18 Nov 2016	£117,500	First Sale
6 NEWTON CLOSESemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1967-1975	11 Nov 2016	£115,000	First Sale
44 NEWTON CLOSESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1967-1975	24 Mar 2016	£106,000	First Sale
52 NEWTON CLOSESemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1967-1975	10 Apr 2015	£115,000	First Sale
78 NEWTON CLOSESemi-Detached, Freehold	28 Oct 1997	£34,000	First Sale

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

NEWTON CLOSE, LN8 5PL Near By properties

Interactive Map

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

Detached
- The average price is around £144,282 median price is £141,500 Standard Deviation is £70,487 with Total Sold: 320
- The Last 5 Year average price is £237,341 with Total Sold: 49
- The most recent sale happened at this postcode is , RUTLAND LOUTH ROAD: £227,500 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is , 29 HORNCASTLE ROAD: £59,000 (Sold on 07 Feb 1995)
Semi-Detached
- The average price is around £105,038 median price is £110,500 Standard Deviation is £47,477 with Total Sold: 184
- The Last 5 Year average price is £164,991 with Total Sold: 33
- The most recent sale happened at this postcode is , 9 ROPEWALK: £165,000 (Sold on 22 Jul 2024)
- The first recorded sale happened at this postcode is , 7 PRINCE CHARLES AVENUE: £36,000 (Sold on 03 Mar 1995)
Other
- The average price is around £178,227 median price is £206,500 Standard Deviation is £126,873 with Total Sold: 11
- The Last 5 Year average price is £154,167 with Total Sold: 6
- The most recent sale happened at this postcode is , 11A HORNCASTLE ROAD: £215,000 (Sold on 15 Mar 2024)
- The first recorded sale happened at this postcode is , WHITE LION FARMHOUSE LINCOLN ROAD: £486,000 (Sold on 09 Oct 2014)
Terraced
- The average price is around £102,316 median price is £100,000 Standard Deviation is £45,876 with Total Sold: 139
- The Last 5 Year average price is £146,243 with Total Sold: 34
- The most recent sale happened at this postcode is , 19 HANSARDS DRIVE: £100,000 (Sold on 14 Dec 2023)
- The first recorded sale happened at this postcode is , 2 HAY WAY: £40,500 (Sold on 11 Jan 1995)
Flat
- The average price is around £82,100 median price is £60,725 Standard Deviation is £58,644 with Total Sold: 4
- The most recent sale happened at this postcode is FIRST FLOOR FLAT, REHOBOTH LINCOLN ROAD: £71,500 (Sold on 21 Sep 2007)
- The first recorded sale happened at this postcode is FIRST FLOOR FLAT, REHOBOTH LINCOLN ROAD: £27,000 (Sold on 07 Oct 2002)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£257,400	£3,487	5
2023	£232,500	£2,751	6
2022	£237,350	£2,520	10
2021	£263,000	£2,461	12
2020	£228,793	£2,184	11
2019	£180,300	£2,007	5
2018	£182,434	£2,102	16
2017	£174,750	£1,801	4
2016	£201,000	£1,933	7
2015	£168,300	£1,821	5
2014	£155,606	£1,760	17
2013	£146,818	£1,592	11
2012	£144,207	£1,673	7
2011	£149,722	£1,593	9
2010	£163,328	£1,812	9
2009	£147,920	£1,632	10
2008	£167,030	£1,675	5
2007	£176,279	£1,652	17
2006	£178,191	£1,637	18
2005	£140,156	£1,507	8
2004	£145,066	£1,658	16
2003	£131,209	£1,329	11
2002	£107,512	£1,199	12
2001	£85,458	£957	13
2000	£63,135	£754	14
1999	£59,029	£657	17
1998	£61,233	£729	15
1997	£69,850	£676	14
1996	£61,805	£621	10
1995	£63,300	£611	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£172,500		2
2023	£160,167	£2,125	3
2022	£183,617	£2,876	6
2021	£180,286	£2,393	7
2020	£161,000	£2,113	10
2019	£129,100	£1,736	5
2018	£142,929	£1,858	7
2017	£123,438	£1,563	8
2016	£112,923	£1,602	13
2015	£115,000	£1,474	2
2014	£119,167	£1,935	6
2013	£93,768	£1,127	4
2012	£91,500	£1,688	1
2011	£121,750	£1,617	4
2010	£118,833	£1,707	3
2009	£95,056	£1,382	9
2008	£141,500	£1,913	5
2007	£135,421	£1,526	7
2006	£106,909	£1,637	11
2005	£124,143	£1,578	7
2004	£100,879	£1,271	7
2003	£75,750	£1,045	2
2002	£68,994	£1,061	9
2001	£55,790	£733	5
2000	£59,661	£702	9
1999	£46,272	£549	11
1998	£40,081	£687	9
1997	£37,667	£712	3
1996	£36,167	£501	3
1995	£38,249	£609	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£215,000		1
2022	£250,000		1
2021	£137,500	£1,538	2
2019	£92,500	£728	2
2018	£206,500		1
2017	£114,333	£685	3
2014	£486,000	£5,010	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£148,714	£2,261	7
2022	£167,200	£2,041	5
2021	£153,875	£2,046	6
2020	£142,286	£1,612	7
2019	£130,667	£1,735	9
2018	£126,633	£1,820	3
2017	£129,356	£1,644	8
2016	£139,400	£1,827	3
2015	£133,997	£1,696	6
2014	£121,317	£1,678	11
2013	£82,950	£1,410	1
2012	£86,500	£1,208	2
2011	£79,500	£1,197	2
2010	£90,000	£1,607	1
2009	£67,500	£987	2
2008	£105,100	£1,378	7
2007	£112,279	£1,630	7
2006	£79,875	£1,226	4
2005	£89,590	£1,476	5
2004	£94,838	£1,410	8
2003	£75,814	£1,038	7
2002	£59,250	£772	4
2001	£40,550	£609	5
2000	£32,100	£591	3
1999	£30,643	£484	7
1998	£33,842		2
1997	£36,125	£642	2
1996	£28,250	£503	2
1995	£37,583	£650	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2007	£71,500	£769	1
2004	£114,950	£537	2
2002	£27,000	£290	1

House Type in LN8 5PL area

The most common house types in the LN8 5PL postcode area are Semi-detached (76), Detached (14), and Flat (14).

Total	117
Semi-detached	76
Detached	14
Flat	14
Terraced	13
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (35), and Social rented: Other social rented (32).

Owned: Owns outright	35
Social rented: Other social rented	32
Owned: Owns with a mortgage or loan	22
Private rented: Private landlord or letting agency	12
Social rented: Rents from council or Local Authority	11
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the LN8 5PL have 1 person in household (44), and 2 people in household (36).

1 person in household	44
2 people in household	36
4 people in household	16
3 people in household	11
5 people in household	9
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0