Housing Market Analysis for BACK LANE, LN8 6ED

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £196,583 median price is £193,250 Standard Deviation is £79,069 with Total Sold: 6
    • The Last 5 Year average price is £265,000 with Total Sold: 1
    • The most recent sale happened at this postcode is IVY HOUSE BACK LANE: £265,000 (Sold on 07 Apr 2021)
    • The first recorded sale happened at this postcode is THE OLD RECTORY BACK LANE: £92,000 (Sold on 12 Jan 1996)
  • Other
    • The average price is around £3,500 median price is £3,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is FERN HOUSE BACK LANE: £3,500 (Sold on 23 Sep 2016)
    • The first recorded sale happened at this postcode is FERN HOUSE BACK LANE: £3,500 (Sold on 23 Sep 2016)
  • Terraced
    • The average price is around £81,950 median price is £81,950 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is THE COTTAGE BACK LANE: £81,950 (Sold on 30 May 2000)
    • The first recorded sale happened at this postcode is THE COTTAGE BACK LANE: £81,950 (Sold on 30 May 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average LN8 6ED 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
2021£265,000 £1,866 1
2015£242,000 £1,704 1
2006£308,0001
2002£128,0001
2001£144,5001
1996£92,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£3,500 £24 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2000£81,9501

All the Sales in the BACK LANE, LN8 6ED

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

AddressSold DatePrice% Change
IVY HOUSE BACK LANEDetached, FreeholdArea: 142 Sq.mtrAge: before 190007 Apr 2021£265,0009.50%
18 Feb 2015£242,000First Sale
FERN HOUSE BACK LANEOther, FreeholdArea: 143 Sq.mtrAge: before 190023 Sep 2016£3,500First Sale
EAST HOUSE BACK LANEDetached, Freehold10 Feb 2006£308,000113.15%
23 Oct 2001£144,500First Sale
BELVEDERE BACK LANEDetached, Freehold16 Aug 2002£128,000First Sale
THE COTTAGE BACK LANETerraced, Freehold30 May 2000£81,950First Sale
THE OLD RECTORY BACK LANEDetached, Freehold12 Jan 1996£92,000First Sale

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

BACK LANE, LN8 6ED Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £111,626 median price is £115,000 Standard Deviation is £55,152 with Total Sold: 61
    • 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 £168,189 median price is £165,000 Standard Deviation is £94,584 with Total Sold: 269
    • The Last 5 Year average price is £271,903 with Total Sold: 51
    • 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£147,500 £3,854 2
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£286,181 £2,829 8
2021£258,343 £2,472 22
2020£245,333 £2,082 6
2019£191,571 £1,896 7
2018£185,708 £2,175 12
2017£181,775 £1,771 16
2016£214,538 £1,810 12
2015£201,909 £1,777 11
2014£157,345 £1,728 10
2013£224,790 £1,498 5
2012£165,583 £1,422 6
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£189,594 £1,573 16
2006£195,675 £1,474 14
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£65,972 £605 9
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 6ED area

The most common house types in the LN8 6ED 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 6ED 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