Housing Market Analysis for THORPE BANK, PE22 8LF

Are you looking to understand PE22 8LF 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 8LF area, explore the PE22 8LF Area information page.
For comprehensive crime statistics in the PE22 8LF area, explore the PE22 8LF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PE22 8LF postcode area, The average prices are as follows,

  • Detached
    • The average price is around £161,562 median price is £138,750 Standard Deviation is £106,772 with Total Sold: 8
    • The Last 5 Year average price is £305,000 with Total Sold: 1
    • The most recent sale happened at this postcode is WENWEE COTTAGE THORPE BANK: £305,000 (Sold on 04 Aug 2023)
    • The first recorded sale happened at this postcode is KESTEN LODGE THORPE BANK: £15,500 (Sold on 16 Nov 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average PE22 8LF 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
2023£305,000 £3,910 1
2018£238,500 £1,780 2
2013£265,000 £1,677 1
2003£87,500 £803 1
2002£71,250 £763 2
1995£15,500 £98 1

All the Sales in the THORPE BANK, PE22 8LF

See the table below for more details on the sold house prices in the PE22 8LF, East Lindsey postcode.

AddressSold DatePrice% Change
WENWEE COTTAGE THORPE BANKDetached, FreeholdArea: 78 Sq.mtrAge: before 190004 Aug 2023£305,000408.33%
12 Dec 2002£60,000First Sale
GENTOFTE THORPE BANKDetached, FreeholdArea: 109 Sq.mtrAge: 1900-192901 Oct 2018£190,000117.14%
16 Apr 2003£87,5006.06%
16 Jul 2002£82,500First Sale
KESTEN LODGE THORPE BANKDetached, FreeholdArea: 158 Sq.mtrAge: 2003-200609 Jan 2018£287,0008.30%
20 Nov 2013£265,0001609.68%
16 Nov 1995£15,500First Sale

Check out the sold house prices near the PE22 8LF postcode. Properties currently for saleProperties currently for rent

THORPE BANK, PE22 8LF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PE22 8LF 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 8LF postcode.

  • Detached
    • The average price is around £152,375 median price is £136,250 Standard Deviation is £100,569 with Total Sold: 12
    • The Last 5 Year average price is £275,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , WENWEE COTTAGE THORPE BANK: £305,000 (Sold on 04 Aug 2023)
    • The first recorded sale happened at this postcode is , KESTEN LODGE THORPE BANK: £15,500 (Sold on 16 Nov 1995)
  • Semi-Detached
    • The average price is around £95,000 median price is £90,000 Standard Deviation is £43,012 with Total Sold: 3
    • The most recent sale happened at this postcode is , 1A SPILSBY ROAD: £150,000 (Sold on 30 Jul 2007)
    • The first recorded sale happened at this postcode is , 1A SPILSBY ROAD: £45,000 (Sold on 30 Nov 1998)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£305,000 £3,910 1
2022£245,000 £2,692 1
2018£238,500 £1,780 2
2013£265,000 £1,677 1
2012£185,000 £892 1
2003£87,500 £803 1
2002£71,250 £763 2
2001£46,000 £505 1
1997£60,0001
1995£15,500 £98 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£150,000 £1,034 1
2002£90,000 £621 1
1998£45,000 £310 1

House Type in PE22 8LF area

The most common house types in the PE22 8LF postcode area are Detached (79), Semi-detached (43), and Terraced (6).

Total136
Detached79
Semi-detached43
Terraced6
temporary structure4
converted building2
commercial building2
Flat0
Shared house0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (60), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright60
Owned: Owns with a mortgage or loan34
Private rented: Private landlord or letting agency17
Social rented: Rents from council or Local Authority10
Social rented: Other social rented9
Private rented: Other private rented8
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the PE22 8LF have 2 people in household (63), and 1 person in household (30).

2 people in household63
1 person in household30
3 people in household20
4 people in household11
5 people in household9
6 people in household5
8 or more people in household1
0 people in household0
7 people in household0