Housing Market Analysis for THORPE BANK, PE23 5BG

Are you looking to understand PE23 5BG 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 PE23 5BG area, explore the PE23 5BG Area information page.
For comprehensive crime statistics in the PE23 5BG area, explore the PE23 5BG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PE23 5BG postcode area, The average prices are as follows,

  • Detached
    • The average price is around £318,250 median price is £301,500 Standard Deviation is £97,207 with Total Sold: 4
    • The Last 5 Year average price is £318,250 with Total Sold: 4
    • The most recent sale happened at this postcode is SASMAR THORPE BANK: £220,000 (Sold on 04 Mar 2022)
    • The first recorded sale happened at this postcode is BLACK HORSE HOUSE THORPE BANK: £450,000 (Sold on 14 Jun 2024)
  • Semi-Detached
    • The average price is around £110,034 median price is £113,500 Standard Deviation is £42,596 with Total Sold: 8
    • The Last 5 Year average price is £162,475 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 THORPE BANK: £160,000 (Sold on 10 Jul 2020)
    • The first recorded sale happened at this postcode is 6 THORPE BANK: £24,320 (Sold on 23 Aug 2002)
  • Other
    • The average price is around £65,750 median price is £65,750 Standard Deviation is £10,750 with Total Sold: 2
    • The most recent sale happened at this postcode is BLACK HORSE HOUSE THORPE BANK: £55,000 (Sold on 30 Apr 2018)
    • The first recorded sale happened at this postcode is 6 THORPE BANK: £76,500 (Sold on 11 Oct 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average PE23 5BG 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£220,000 £1,964 1
2021£373,000 £2,096 1
2020£230,000 £1,278 1
2024£450,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£160,000 £1,774 1
2019£164,950 £1,853 1
2015£104,000 £1,118 1
2014£75,000 £806 1
2011£113,500 £1,266 2
2008£125,000 £1,344 1
2002£24,320 £262 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£55,000 £309 1
2013£76,500 £823 1

All the Sales in the THORPE BANK, PE23 5BG

See the table below for more details on the sold house prices in the PE23 5BG, East Lindsey postcode.

AddressSold DatePrice% Change
SASMAR THORPE BANKDetached, FreeholdArea: 112 Sq.mtrAge: 1950-196604 Mar 2022£220,000First Sale
BLACK HORSE HOUSE THORPE BANKDetached, FreeholdArea: 178 Sq.mtr14 Jan 2021£373,000578.18%
30 Apr 2018£55,000-87.78%
14 Jun 2024£450,000First Sale
3 THORPE BANKSemi-Detached, FreeholdArea: 90.2013 Sq.mtrAge: 1950-196610 Jul 2020£160,00031.15%
02 Sep 2011£122,000First Sale
THE LARCH THORPE BANKDetached, FreeholdArea: 180 Sq.mtrAge: 1967-197509 Apr 2020£230,000First Sale
4 THORPE BANKSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1950-196615 Feb 2019£164,95057.10%
09 Nov 2011£105,000First Sale
6 THORPE BANKSemi-Detached, FreeholdArea: 93 Sq.mtrAge: 1950-196613 Mar 2015£104,00038.67%
12 Jun 2014£75,000-1.96%
11 Oct 2013£76,500-38.80%
15 May 2008£125,000413.98%
23 Aug 2002£24,320First Sale

Check out the sold house prices near the PE23 5BG postcode. Properties currently for saleProperties currently for rent

THORPE BANK, PE23 5BG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PE23 5BG 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 PE23 5BG postcode.

  • Detached
    • The average price is around £185,848 median price is £170,750 Standard Deviation is £126,014 with Total Sold: 30
    • The Last 5 Year average price is £355,500 with Total Sold: 6
    • The most recent sale happened at this postcode is , BLACK HORSE HOUSE THORPE BANK: £450,000 (Sold on 14 Jun 2024)
    • The first recorded sale happened at this postcode is , MOONRAKER THORPE BANK: £35,000 (Sold on 13 Sep 1996)
  • Semi-Detached
    • The average price is around £106,827 median price is £106,500 Standard Deviation is £39,139 with Total Sold: 10
    • The Last 5 Year average price is £162,475 with Total Sold: 2
    • The most recent sale happened at this postcode is , 3 THORPE BANK: £160,000 (Sold on 10 Jul 2020)
    • The first recorded sale happened at this postcode is , 6 THORPE BANK: £24,320 (Sold on 23 Aug 2002)
  • Other
    • The average price is around £65,750 median price is £65,750 Standard Deviation is £10,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , BLACK HORSE HOUSE THORPE BANK: £55,000 (Sold on 30 Apr 2018)
    • The first recorded sale happened at this postcode is , 6 THORPE BANK: £76,500 (Sold on 11 Oct 2013)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,0001
2023£365,000 £3,621 1
2022£357,500 £2,600 2
2021£373,000 £2,096 1
2020£230,000 £1,278 1
2018£300,000 £2,308 1
2016£320,0001
2015£265,000 £2,038 1
2013£211,250 £1,673 2
2012£199,000 £1,358 2
2011£67,000 £659 1
2010£230,000 £1,769 1
2009£130,000 £1,290 1
2007£239,9501
2006£190,0001
2004£110,000 £1,338 2
2003£80,0001
2002£169,000 £1,300 1
2001£89,000 £883 1
2000£30,0001
1999£66,0001
1998£33,000 £327 1
1997£52,6673
1996£35,000 £297 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£160,000 £1,774 1
2019£164,950 £1,853 1
2015£106,000 £1,089 2
2014£75,000 £806 1
2012£80,000 £784 1
2011£113,500 £1,266 2
2008£125,000 £1,344 1
2002£24,320 £262 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£55,000 £309 1
2013£76,500 £823 1

House Type in PE23 5BG area

The most common house types in the PE23 5BG postcode area are Detached (108), Semi-detached (32), and temporary structure (9).

Total150
Detached108
Semi-detached32
temporary structure9
Terraced1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (92), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright92
Owned: Owns with a mortgage or loan35
Social rented: Other social rented8
Private rented: Other private rented7
Social rented: Rents from council or Local Authority5
Private rented: Private landlord or letting agency3
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the PE23 5BG have 2 people in household (70), and 1 person in household (26).

2 people in household70
1 person in household26
3 people in household24
4 people in household23
5 people in household5
7 people in household1
8 or more people in household1
0 people in household0
6 people in household0