Housing Market Analysis for SPRING BANK, LN8 6DF

Are you looking to understand LN8 6DF 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 6DF area, explore the LN8 6DF Area information page.
For comprehensive crime statistics in the LN8 6DF area, explore the LN8 6DF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the LN8 6DF postcode area, The average prices are as follows,

  • Detached
    • The average price is around £159,625 median price is £174,500 Standard Deviation is £75,505 with Total Sold: 8
    • The Last 5 Year average price is £240,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BRAYBROOK SPRING BANK: £240,000 (Sold on 30 Jun 2022)
    • The first recorded sale happened at this postcode is TERRIMAR SPRING BANK: £12,500 (Sold on 20 Oct 2000)
  • Terraced
    • The average price is around £107,500 median price is £100,500 Standard Deviation is £52,813 with Total Sold: 4
    • The Last 5 Year average price is £180,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 SPRING BANK: £66,000 (Sold on 12 Jul 2013)
    • The first recorded sale happened at this postcode is 7 SPRING BANK: £180,000 (Sold on 05 Jan 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 6DF 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
2022£240,000 £1,690 1
2015£217,500 £1,326 1
2011£82,000 £1,097 1
2009£171,000 £1,043 1
2007£178,000 £1,085 1
2006£133,0001
2004£243,0001
2000£12,500 £76 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£66,000 £835 1
2010£135,000 £5,019 1
2003£49,000 £620 1
2024£180,000 £1,385 1

All the Sales in the SPRING BANK, LN8 6DF

See the table below for more details on the sold house prices in the LN8 6DF, East Lindsey postcode.

AddressSold DatePrice% Change
BRAYBROOK SPRING BANKDetached, FreeholdArea: 142 Sq.mtrAge: 1983-199030 Jun 2022£240,000First Sale
TERRIMAR SPRING BANKDetached, FreeholdArea: 164 Sq.mtrAge: 1996-200225 Nov 2015£217,50027.19%
09 Oct 2009£171,000-3.93%
25 Apr 2007£178,0001324.00%
20 Oct 2000£12,500First Sale
2 SPRING BANKTerraced, FreeholdArea: 79 Sq.mtrAge: 1950-196612 Jul 2013£66,00034.69%
29 Sep 2003£49,000First Sale
PEGASUS SPRING BANKDetached, FreeholdArea: 74.76 Sq.mtrAge: 2003-200625 Jan 2011£82,000First Sale
1 SPRING BANKTerraced, FreeholdArea: 26.9 Sq.mtrAge: 1950-196628 Apr 2010£135,000First Sale
WOLD VIEW SPRING BANKDetached, Freehold05 Jul 2006£133,000First Sale
FOX RUN SPRING BANKDetached, Freehold14 Jun 2004£243,000First Sale
7 SPRING BANKTerraced, FreeholdArea: 130 Sq.mtrAge: 1930-194905 Jan 2024£180,000First Sale

Check out the sold house prices near the LN8 6DF postcode. Properties currently for saleProperties currently for rent

SPRING BANK, LN8 6DF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the LN8 6DF 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 6DF postcode.

  • Semi-Detached
    • The average price is around £110,853 median price is £114,975 Standard Deviation is £55,281 with Total Sold: 60
    • The Last 5 Year average price is £174,906 with Total Sold: 12
    • The most recent sale happened at this postcode is , 5 SPRING VALE: £160,000 (Sold on 25 Jan 2024)
    • The first recorded sale happened at this postcode is , THE FARRIERS HIGH STREET: £33,000 (Sold on 01 May 1995)
  • Terraced
    • The average price is around £94,303 median price is £85,500 Standard Deviation is £54,894 with Total Sold: 71
    • The Last 5 Year average price is £140,625 with Total Sold: 8
    • The most recent sale happened at this postcode is , 7 SPRING BANK: £180,000 (Sold on 05 Jan 2024)
    • The first recorded sale happened at this postcode is , THE COTTAGES HIGH STREET: £40,500 (Sold on 11 Jan 1995)
  • Detached
    • The average price is around £165,381 median price is £165,000 Standard Deviation is £92,175 with Total Sold: 260
    • The Last 5 Year average price is £265,195 with Total Sold: 49
    • The most recent sale happened at this postcode is , BINBROOK GRANGE LUDFORD ROAD: £590,000 (Sold on 11 Oct 2023)
    • The first recorded sale happened at this postcode is , 12 MEADOW DRIVE: £71,000 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £789,693 median price is £150,000 Standard Deviation is £1,984,459 with Total Sold: 11
    • The Last 5 Year average price is £1,327,528 with Total Sold: 6
    • The most recent sale happened at this postcode is , NEWFOUNDLAND MARKET PLACE: £191,000 (Sold on 07 Jun 2023)
    • The first recorded sale happened at this postcode is , BINBROOK MOTORS GRIMSBY ROAD: £150,000 (Sold on 01 Sep 2013)
  • Flat
    • The average price is around £72,405 median price is £78,750 Standard Deviation is £26,378 with Total Sold: 6
    • The most recent sale happened at this postcode is , 3 HIGH STREET: £70,000 (Sold on 18 Jun 2012)
    • The first recorded sale happened at this postcode is , 5 MOUNT PLEASANT: £18,980 (Sold on 17 Aug 2001)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£160,000 £2,162 1
2023£150,000 £2,030 2
2022£191,667 £2,282 3
2021£204,000 £2,128 3
2020£155,000 £1,574 2
2019£141,866 £1,631 1
2018£132,000 £1,743 2
2017£151,650 £1,943 3
2016£128,000 £2,216 2
2015£90,833 £1,089 3
2014£109,380 £978 5
2012£124,000 £1,610 1
2011£115,000 £1,540 1
2010£45,0001
2009£90,000 £1,169 1
2008£100,000 £2,129 2
2007£114,583 £1,234 6
2006£137,0001
2005£107,300 £1,564 5
2004£125,0001
2003£117,500 £1,031 2
2002£57,000 £551 1
2001£46,667 £613 3
2000£39,000 £540 2
1999£47,0001
1997£29,9501
1996£29,750 £448 2
1995£25,750 £391 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,000 £1,385 1
2023£272,500 £2,571 1
2021£125,000 £1,480 1
2020£109,333 £1,276 3
2019£109,750 £1,202 2
2018£240,000 £1,951 1
2016£149,833 £1,213 3
2015£99,000 £1,088 1
2014£125,000 £1,221 3
2013£92,250 £993 2
2012£101,000 £1,408 1
2011£104,625 £1,197 2
2010£137,475 £3,149 2
2008£81,333 £988 3
2007£104,400 £1,482 5
2006£139,000 £1,304 7
2005£130,725 £1,439 2
2004£83,000 £945 2
2003£72,250 £794 6
2002£66,148 £920 3
2001£68,500 £815 1
2000£63,475 £545 4
1999£33,8922
1998£41,250 £425 1
1997£34,242 £428 6
1996£20,0001
1995£36,400 £491 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£385,131 £2,861 8
2022£263,850 £2,754 7
2021£258,343 £2,472 22
2020£208,400 £2,004 5
2019£191,571 £1,896 7
2018£185,708 £2,175 12
2017£181,775 £1,771 16
2016£210,859 £1,799 11
2015£214,111 £1,598 9
2014£157,345 £1,728 10
2013£224,790 £1,498 5
2012£150,300 £1,339 5
2011£131,500 £1,473 9
2010£175,621 £1,640 6
2009£180,500 £1,240 3
2008£166,333 £1,857 3
2007£189,067 £1,580 15
2006£185,727 £1,408 13
2005£97,667 £1,146 3
2004£149,814 £1,181 10
2003£123,744 £1,093 8
2002£105,444 £838 9
2001£96,383 £677 9
2000£66,969 £635 8
1999£57,493 £572 7
1998£103,181 £691 13
1997£60,858 £683 11
1996£68,142 £642 12
1995£69,938 £683 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£255,5002
2022£250,0001
2021£7,055,170 £54,271 1
2020£126,500 £1,860 1
2019£22,5001
2018£75,0001
2017£246,475 £5,483 2
2016£3,500 £24 1
2013£150,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£70,000 £707 1
2008£98,500 £1,201 1
2007£91,9501
2006£77,500 £1,179 2
2001£18,980 £231 1

House Type in LN8 6DF area

The most common house types in the LN8 6DF postcode area are Semi-detached (62), Detached (49), and Terraced (44).

Total169
Semi-detached62
Detached49
Terraced44
Flat11
Shared house1
commercial building1
temporary structure1
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (61), and Social rented: Other social rented (43).

Owned: Owns outright61
Social rented: Other social rented43
Owned: Owns with a mortgage or loan30
Private rented: Private landlord or letting agency20
Social rented: Rents from council or Local Authority11
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the LN8 6DF have 2 people in household (76), and 1 person in household (48).

2 people in household76
1 person in household48
3 people in household24
4 people in household13
5 people in household3
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0