Housing Market Analysis for FEN BANK LANE, PE24 4LE

Are you looking to understand PE24 4LE 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 PE24 4LE area, explore the PE24 4LE Area information page.
For comprehensive crime statistics in the PE24 4LE area, explore the PE24 4LE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PE24 4LE postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £125,000 median price is £125,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £125,000 with Total Sold: 1
    • The most recent sale happened at this postcode is NORTH COTTAGE FEN BANK LANE: £125,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is NORTH COTTAGE FEN BANK LANE: £125,000 (Sold on 22 Aug 2024)
  • Detached
    • The average price is around £278,600 median price is £208,250 Standard Deviation is £187,014 with Total Sold: 10
    • The Last 5 Year average price is £367,000 with Total Sold: 5
    • The most recent sale happened at this postcode is THE BUNGALOW FEN BANK LANE: £150,000 (Sold on 28 Oct 2022)
    • The first recorded sale happened at this postcode is SYCAMORE COTTAGE FEN BANK LANE: £46,000 (Sold on 06 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average PE24 4LE 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£125,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£342,500 £2,709 2
2021£620,000 £2,394 1
2020£265,000 £2,230 2
2011£420,000 £1,622 1
2007£221,5001
2006£195,000 £753 1
2000£68,5001
1996£46,0001

All the Sales in the FEN BANK LANE, PE24 4LE

See the table below for more details on the sold house prices in the PE24 4LE, East Lindsey postcode.

AddressSold DatePrice% Change
NORTH COTTAGE FEN BANK LANESemi-Detached, Freehold22 Aug 2024£125,000First Sale
THE BUNGALOW FEN BANK LANEDetached, FreeholdArea: 79 Sq.mtrAge: 1950-196628 Oct 2022£150,000-6.25%
04 Sep 2020£160,000First Sale
(STEADMAN) FEN BANK LANEDetached, FreeholdArea: 152 Sq.mtrAge: 1991-199508 Sep 2022£535,00044.59%
11 Aug 2020£370,000First Sale
WILLOW FARM FEN BANK LANEDetached, FreeholdArea: 259 Sq.mtrAge: 1900-192926 Nov 2021£620,00047.62%
30 Sep 2011£420,000115.38%
10 Apr 2006£195,000First Sale
SYCAMORE COTTAGE FEN BANK LANEDetached, Freehold31 Aug 2007£221,500223.36%
28 Jan 2000£68,50048.91%
06 Dec 1996£46,000First Sale

Check out the sold house prices near the PE24 4LE postcode. Properties currently for saleProperties currently for rent

FEN BANK LANE, PE24 4LE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PE24 4LE 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 PE24 4LE postcode.

  • Semi-Detached
    • The average price is around £125,000 median price is £125,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £125,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , NORTH COTTAGE FEN BANK LANE: £125,000 (Sold on 22 Aug 2024)
    • The first recorded sale happened at this postcode is , NORTH COTTAGE FEN BANK LANE: £125,000 (Sold on 22 Aug 2024)
  • Detached
    • The average price is around £249,500 median price is £177,500 Standard Deviation is £184,124 with Total Sold: 12
    • The Last 5 Year average price is £367,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , THE BUNGALOW FEN BANK LANE: £150,000 (Sold on 28 Oct 2022)
    • The first recorded sale happened at this postcode is , HOLLY COTTAGE DIGBYS LANE: £48,000 (Sold on 13 May 1996)
  • Other
    • The average price is around £277,000 median price is £277,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , HOLLY COTTAGE DIGBYS LANE: £277,000 (Sold on 12 Jun 2017)
    • The first recorded sale happened at this postcode is , HOLLY COTTAGE DIGBYS LANE: £277,000 (Sold on 12 Jun 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£125,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£342,500 £2,709 2
2021£620,000 £2,394 1
2020£265,000 £2,230 2
2011£420,000 £1,622 1
2007£221,5001
2006£177,500 £1,117 2
2000£68,5001
1996£47,000 £444 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£277,000 £2,565 1

House Type in PE24 4LE area

The most common house types in the PE24 4LE postcode area are Detached (52), temporary structure (19), and Semi-detached (11).

Total85
Detached52
temporary structure19
Semi-detached11
Terraced3
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 (63), and Owned: Owns with a mortgage or loan (12).

Owned: Owns outright63
Owned: Owns with a mortgage or loan12
Private rented: Private landlord or letting agency8
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the PE24 4LE have 2 people in household (43), and 1 person in household (23).

2 people in household43
1 person in household23
3 people in household8
4 people in household7
5 people in household3
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0