Housing Market Analysis for WELLS CLOSE, NG31 8NJ

Are you looking to understand NG31 8NJ 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 South Kesteven postcode.

For the location information and nearby amenities in the NG31 8NJ area, explore the NG31 8NJ Area information page.
For comprehensive crime statistics in the NG31 8NJ area, explore the NG31 8NJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NG31 8NJ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £164,730 median price is £170,000 Standard Deviation is £86,706 with Total Sold: 15
    • The Last 5 Year average price is £326,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 WELLS CLOSE: £288,000 (Sold on 26 Aug 2021)
    • The first recorded sale happened at this postcode is 5 WELLS CLOSE: £74,000 (Sold on 04 Apr 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average NG31 8NJ 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£326,500 £2,431 2
2017£194,000 £2,205 1
2016£237,000 £1,881 1
2015£192,000 £2,667 1
2013£169,000 £2,347 1
2009£170,000 £1,674 1
2007£222,000 £2,467 1
2006£172,0001
2005£74,0001
2000£104,000 £825 1
1999£79,950 £1,110 1
1996£69,000 £548 1
1995£67,500 £729 2

All the Sales in the WELLS CLOSE, NG31 8NJ

See the table below for more details on the sold house prices in the NG31 8NJ, South Kesteven postcode.

AddressSold DatePrice% Change
2 WELLS CLOSEDetached, FreeholdArea: 102 Sq.mtrAge: 1976-198226 Aug 2021£288,000First Sale
7 WELLS CLOSEDetached, FreeholdArea: 179 Sq.mtrAge: 1976-198210 Jun 2021£365,000First Sale
10 WELLS CLOSEDetached, FreeholdArea: 88 Sq.mtrAge: 1967-197514 Jul 2017£194,000First Sale
6 WELLS CLOSEDetached, FreeholdArea: 126 Sq.mtrAge: 1976-198210 Nov 2016£237,000127.88%
08 Dec 2000£104,00050.72%
24 May 1996£69,000First Sale
3 WELLS CLOSEDetached, FreeholdArea: 72 Sq.mtrAge: 1976-198205 Aug 2015£192,00013.61%
12 Apr 2013£169,000111.38%
05 Nov 1999£79,950First Sale
5 WELLS CLOSEDetached, FreeholdArea: 101.54 Sq.mtrAge: 1983-199003 Jun 2009£170,000129.73%
04 Apr 1995£74,000First Sale
8 WELLS CLOSEDetached, FreeholdArea: 90 Sq.mtrAge: 1976-198218 Apr 2007£222,000First Sale
9 WELLS CLOSEDetached, Freehold21 Mar 2006£172,000132.43%
31 Mar 2005£74,000First Sale
1 WELLS CLOSEDetached, Freehold30 Aug 1995£61,000First Sale

Check out the sold house prices near the NG31 8NJ postcode. Properties currently for saleProperties currently for rent

WELLS CLOSE, NG31 8NJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NG31 8NJ 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 NG31 8NJ postcode.

  • Semi-Detached
    • The average price is around £140,653 median price is £139,995 Standard Deviation is £67,784 with Total Sold: 302
    • The Last 5 Year average price is £211,801 with Total Sold: 90
    • The most recent sale happened at this postcode is , 4 BLACKBURN CLOSE: £175,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is , 40 DURHAM CLOSE: £52,500 (Sold on 17 Feb 1995)
  • Detached
    • The average price is around £202,062 median price is £208,498 Standard Deviation is £98,743 with Total Sold: 678
    • The Last 5 Year average price is £296,380 with Total Sold: 167
    • The most recent sale happened at this postcode is , 7 GLOUCESTER ROAD: £350,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 2 BRADFORD CLOSE: £59,000 (Sold on 23 Jan 1995)
  • Terraced
    • The average price is around £134,183 median price is £133,995 Standard Deviation is £50,870 with Total Sold: 73
    • The Last 5 Year average price is £180,036 with Total Sold: 14
    • The most recent sale happened at this postcode is , 6 BRADFORD CLOSE: £230,000 (Sold on 12 Apr 2023)
    • The first recorded sale happened at this postcode is , 213 BARROWBY ROAD: £27,950 (Sold on 15 Jan 1997)
  • Other
    • The average price is around £2,118,750 median price is £737,500 Standard Deviation is £2,774,402 with Total Sold: 4
    • The Last 5 Year average price is £3,750,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 42 QUEEN ELEANOR AVENUE: £6,900,000 (Sold on 31 Jan 2020)
    • The first recorded sale happened at this postcode is , HURNSFIELD NURSING HOME BARROWBY ROAD: £100,000 (Sold on 19 Jun 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£183,8754
2023£233,753 £3,010 11
2022£217,372 £2,781 11
2021£220,371 £2,607 20
2020£200,017 £2,437 21
2019£206,800 £2,260 23
2018£182,967 £2,240 17
2017£155,238 £2,258 4
2016£145,555 £1,996 16
2015£173,060 £1,862 15
2014£145,315 £1,813 11
2013£136,665 £1,628 6
2012£107,862 £1,720 4
2011£115,750 £1,558 6
2010£150,297 £1,375 5
2009£132,937 £1,505 8
2008£134,608 £2,345 10
2007£144,598 £2,086 10
2006£125,862 £1,945 8
2005£123,742 £1,951 6
2004£105,500 £1,321 4
2003£100,878 £1,488 9
2002£70,706 £1,194 7
2001£65,214 £861 7
2000£51,488 £894 12
1999£44,215 £587 10
1998£51,408 £704 6
1997£40,578 £638 9
1996£39,915 £565 13
1995£36,044 £546 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£323,667 £3,073 9
2023£311,899 £3,075 25
2022£314,648 £3,089 29
2021£293,556 £2,854 70
2020£271,859 £2,462 22
2019£260,874 £2,562 12
2018£259,036 £2,396 38
2017£245,160 £2,325 30
2016£237,145 £2,071 27
2015£247,509 £1,992 41
2014£245,549 £2,013 40
2013£190,186 £2,120 21
2012£184,750 £1,744 6
2011£236,450 £2,140 11
2010£186,710 £1,732 14
2009£184,805 £2,021 15
2008£215,138 £1,738 8
2007£198,413 £2,035 22
2006£192,711 £2,007 19
2005£190,500 £1,588 7
2004£159,564 £1,778 20
2003£175,833 £1,421 9
2002£121,380 £1,650 18
2001£99,107 £860 15
2000£104,414 £801 21
1999£74,488 £758 30
1998£78,379 £686 34
1997£67,236 £672 29
1996£60,365 £720 20
1995£66,672 £636 16
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£156,000 £2,477 2
2022£222,000 £2,388 4
2021£193,000 £2,411 2
2020£171,500 £2,345 2
2019£147,875 £1,619 4
2018£179,333 £2,133 3
2017£142,000 £2,254 1
2016£156,381 £2,025 7
2015£158,242 £1,858 12
2014£96,338 £1,302 13
2013£160,000 £1,873 1
2010£97,000 £1,127 2
2009£150,000 £1,402 1
2008£151,433 £1,803 3
2007£139,150 £1,752 2
2006£110,167 £1,214 3
2005£120,000 £1,224 1
2004£86,312 £1,087 1
2003£128,1001
2002£92,000 £1,181 1
2001£73,4752
2000£58,500 £1,009 1
1999£32,500 £499 2
1998£57,0001
1997£27,950 £285 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£6,900,000 £83,133 1
2019£600,000 £962 1
2018£875,0001
2017£100,0001

House Type in NG31 8NJ area

The most common house types in the NG31 8NJ postcode area are Detached (129), Terraced (8), and Semi-detached (5).

Total142
Detached129
Terraced8
Semi-detached5
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (76), and Owned: Owns with a mortgage or loan (53).

Owned: Owns outright76
Owned: Owns with a mortgage or loan53
Private rented: Private landlord or letting agency11
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NG31 8NJ have 2 people in household (65), and 1 person in household (27).

2 people in household65
1 person in household27
3 people in household27
4 people in household15
5 people in household5
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0