Housing Market Analysis for BACK LANE, PE23 5PL

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £185,000 median price is £185,000 Standard Deviation is £113,000 with Total Sold: 2
    • The most recent sale happened at this postcode is HOMESTEAD BACK LANE: £298,000 (Sold on 04 Apr 2014)
    • The first recorded sale happened at this postcode is HOLLYTREE FARMHOUSE BACK LANE: £72,000 (Sold on 18 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average PE23 5PL 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
2014£298,000 £2,056 1
1997£72,000 £706 1

All the Sales in the BACK LANE, PE23 5PL

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

AddressSold DatePrice% Change
HOMESTEAD BACK LANEDetached, FreeholdArea: 144.92 Sq.mtrAge: before 190004 Apr 2014£298,000First Sale
HOLLYTREE FARMHOUSE BACK LANEDetached, FreeholdArea: 102.04 Sq.mtrAge: 1900-192918 Nov 1997£72,000First Sale

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

BACK LANE, PE23 5PL Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £196,800 median price is £238,000 Standard Deviation is £93,828 with Total Sold: 5
    • The Last 5 Year average price is £261,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , RAINBOWS END, 1 STEAPAS CLOSE: £285,000 (Sold on 27 Oct 2023)
    • The first recorded sale happened at this postcode is , ASH HOUSE, 7 STEAPAS CLOSE: £26,000 (Sold on 06 Nov 2000)
  • Detached
    • The average price is around £171,389 median price is £193,000 Standard Deviation is £85,780 with Total Sold: 28
    • The Last 5 Year average price is £249,983 with Total Sold: 3
    • The most recent sale happened at this postcode is , 5 STEAPAS CLOSE: £245,000 (Sold on 20 Dec 2021)
    • The first recorded sale happened at this postcode is , MEERES COTTAGE MILL LANE: £45,000 (Sold on 19 May 1995)
  • Other
    • The average price is around £500 median price is £500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , MARLBOROUGH HOUSE : £500 (Sold on 19 Feb 2018)
    • The first recorded sale happened at this postcode is , MARLBOROUGH HOUSE : £500 (Sold on 19 Feb 2018)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£285,0001
2021£238,0001
2006£217,5002
2000£26,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£245,000 £2,917 1
2019£252,475 £1,822 2
2018£242,475 £1,958 2
2017£228,750 £2,424 2
2016£246,333 £1,599 3
2014£298,000 £2,056 1
2012£150,000 £1,240 1
2006£250,000 £1,667 1
2004£163,8754
2003£183,5002
2000£84,833 £628 3
1999£78,0001
1998£64,0002
1997£70,750 £584 2
1995£45,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£5001

House Type in PE23 5PL area

The most common house types in the PE23 5PL postcode area are Detached (112), Semi-detached (9), and temporary structure (6).

Total132
Detached112
Semi-detached9
temporary structure6
Terraced4
Shared house1
Flat0
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 (30).

Owned: Owns outright92
Owned: Owns with a mortgage or loan30
Private rented: Private landlord or letting agency6
Private rented: Other private rented5
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 PE23 5PL have 2 people in household (60), and 1 person in household (36).

2 people in household60
1 person in household36
4 people in household18
3 people in household15
5 people in household3
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0