Housing Market Analysis for MEDLAM LANE, PE22 7LU

Are you looking to understand PE22 7LU 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 PE22 7LU area, explore the PE22 7LU Area information page.
For comprehensive crime statistics in the PE22 7LU area, explore the PE22 7LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PE22 7LU postcode area, The average prices are as follows,

  • Detached
    • The average price is around £180,246 median price is £142,250 Standard Deviation is £97,402 with Total Sold: 14
    • The Last 5 Year average price is £332,000 with Total Sold: 2
    • The most recent sale happened at this postcode is CAPRICE MEDLAM LANE: £399,000 (Sold on 07 Oct 2022)
    • The first recorded sale happened at this postcode is MEDLAM COTTAGE MEDLAM LANE: £265,000 (Sold on 04 Oct 2023)
  • Other
    • The average price is around £450,000 median price is £450,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £450,000 with Total Sold: 1
    • The most recent sale happened at this postcode is SPRINGFIELD FARM MEDLAM LANE: £450,000 (Sold on 05 Feb 2021)
    • The first recorded sale happened at this postcode is SPRINGFIELD FARM MEDLAM LANE: £450,000 (Sold on 05 Feb 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average PE22 7LU 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£399,000 £2,850 1
2018£135,000 £1,731 1
2017£315,000 £2,864 1
2014£179,975 £1,626 2
2007£188,3333
2005£136,5001
2004£148,000 £1,451 1
2002£96,5001
2001£75,0001
1997£28,500 £365 1
2023£265,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£450,000 £3,516 1

All the Sales in the MEDLAM LANE, PE22 7LU

See the table below for more details on the sold house prices in the PE22 7LU, East Lindsey postcode.

AddressSold DatePrice% Change
CAPRICE MEDLAM LANEDetached, FreeholdArea: 140 Sq.mtrAge: 1950-196607 Oct 2022£399,00066.28%
04 Apr 2014£239,950First Sale
SPRINGFIELD FARM MEDLAM LANEOther, FreeholdArea: 128 Sq.mtrAge: before 190005 Feb 2021£450,000First Sale
THE MAPLES MEDLAM LANEDetached, FreeholdArea: 78 Sq.mtrAge: 1950-196615 Aug 2018£135,00012.50%
26 Aug 2014£120,000321.05%
29 Jul 1997£28,500First Sale
MEDLAM FARM MEDLAM LANEDetached, FreeholdArea: 110 Sq.mtrAge: before 190021 Jul 2017£315,000First Sale
HUNTERS LODGE MEDLAM LANEDetached, Freehold10 Aug 2007£195,000102.07%
10 Jan 2002£96,500First Sale
GREEN PASTURES MEDLAM LANEDetached, Freehold13 Jul 2007£240,00084.62%
19 Jan 2007£130,00073.33%
15 Nov 2001£75,000First Sale
MEADOW VIEW MEDLAM LANEDetached, Freehold27 May 2005£136,500First Sale
THE COTTAGE MEDLAM LANEDetached, FreeholdArea: 102 Sq.mtrAge: 1900-192930 Jan 2004£148,000First Sale
MEDLAM COTTAGE MEDLAM LANEDetached, Freehold04 Oct 2023£265,000First Sale

Check out the sold house prices near the PE22 7LU postcode. Properties currently for saleProperties currently for rent

MEDLAM LANE, PE22 7LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PE22 7LU 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 PE22 7LU postcode.

  • Detached
    • The average price is around £180,246 median price is £142,250 Standard Deviation is £97,402 with Total Sold: 14
    • The Last 5 Year average price is £332,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , MEDLAM COTTAGE MEDLAM LANE: £265,000 (Sold on 04 Oct 2023)
    • The first recorded sale happened at this postcode is , THE MAPLES MEDLAM LANE: £28,500 (Sold on 29 Jul 1997)
  • Other
    • The average price is around £450,000 median price is £450,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £450,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , SPRINGFIELD FARM MEDLAM LANE: £450,000 (Sold on 05 Feb 2021)
    • The first recorded sale happened at this postcode is , SPRINGFIELD FARM MEDLAM LANE: £450,000 (Sold on 05 Feb 2021)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£265,0001
2022£399,000 £2,850 1
2018£135,000 £1,731 1
2017£315,000 £2,864 1
2014£179,975 £1,626 2
2007£188,3333
2005£136,5001
2004£148,000 £1,451 1
2002£96,5001
2001£75,0001
1997£28,500 £365 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£450,000 £3,516 1

House Type in PE22 7LU area

The most common house types in the PE22 7LU postcode area are Detached (81), Semi-detached (45), and Terraced (7).

Total134
Detached81
Semi-detached45
Terraced7
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (39), and Private rented: Private landlord or letting agency (35).

Owned: Owns outright39
Private rented: Private landlord or letting agency35
Owned: Owns with a mortgage or loan26
Private rented: Other private rented17
Social rented: Other social rented15
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the PE22 7LU have 2 people in household (48), and 1 person in household (40).

2 people in household48
1 person in household40
3 people in household25
4 people in household10
5 people in household6
6 people in household2
8 or more people in household1
0 people in household0
7 people in household0