Housing Market Analysis for OLD CHAPEL LANE, PE24 5LQ

Are you looking to understand PE24 5LQ 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 5LQ area, explore the PE24 5LQ Area information page.
For comprehensive crime statistics in the PE24 5LQ area, explore the PE24 5LQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PE24 5LQ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £117,939 median price is £123,000 Standard Deviation is £48,673 with Total Sold: 9
    • The Last 5 Year average price is £140,000 with Total Sold: 2
    • The most recent sale happened at this postcode is THE CROFT, 9A OLD CHAPEL LANE: £75,000 (Sold on 16 Apr 2021)
    • The first recorded sale happened at this postcode is 10 OLD CHAPEL LANE: £205,000 (Sold on 16 Sep 2022)
  • Semi-Detached
    • The average price is around £143,375 median price is £143,375 Standard Deviation is £9,125 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 OLD CHAPEL LANE: £152,500 (Sold on 19 Oct 2007)
    • The first recorded sale happened at this postcode is 1 OLD CHAPEL LANE: £134,250 (Sold on 14 Aug 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average PE24 5LQ 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
2021£75,000 £1,570 1
2017£156,000 £2,294 1
2009£123,0001
2005£141,250 £1,843 2
2000£120,000 £606 1
1999£54,9501
1998£45,000 £484 1
2022£205,000 £3,106 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£152,500 £1,711 1
2006£134,250 £1,506 1

All the Sales in the OLD CHAPEL LANE, PE24 5LQ

See the table below for more details on the sold house prices in the PE24 5LQ, East Lindsey postcode.

AddressSold DatePrice% Change
THE CROFT, 9A OLD CHAPEL LANEDetached, FreeholdArea: 47.78 Sq.mtrAge: 2003-200616 Apr 2021£75,000First Sale
16 OLD CHAPEL LANEDetached, FreeholdArea: 68 Sq.mtrAge: 1983-199022 Dec 2017£156,00014.29%
15 Jul 2005£136,500First Sale
11 OLD CHAPEL LANEDetached, Freehold22 Dec 2009£123,000First Sale
1 OLD CHAPEL LANESemi-Detached, FreeholdArea: 89.14 Sq.mtrAge: 1900-192919 Oct 2007£152,50013.59%
14 Aug 2006£134,250First Sale
18 OLD CHAPEL LANEDetached, FreeholdArea: 87 Sq.mtrAge: before 190010 Oct 2005£146,000First Sale
6 OLD CHAPEL LANEDetached, FreeholdArea: 198 Sq.mtrAge: 1900-192908 Dec 2000£120,000First Sale
14 OLD CHAPEL LANEDetached, Freehold08 Nov 1999£54,950First Sale
12 OLD CHAPEL LANEDetached, FreeholdArea: 93 Sq.mtrAge: 1983-199016 Mar 1998£45,000First Sale
10 OLD CHAPEL LANEDetached, FreeholdArea: 66 Sq.mtrAge: 1976-198216 Sep 2022£205,000First Sale

Check out the sold house prices near the PE24 5LQ postcode. Properties currently for saleProperties currently for rent

OLD CHAPEL LANE, PE24 5LQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PE24 5LQ 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 5LQ postcode.

  • Detached
    • The average price is around £136,370 median price is £135,000 Standard Deviation is £78,992 with Total Sold: 693
    • The Last 5 Year average price is £233,959 with Total Sold: 93
    • The most recent sale happened at this postcode is , 24 DAWSON DRIVE: £250,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 10 BEAUMONT CLOSE: £56,500 (Sold on 10 Jan 1995)
  • Other
    • The average price is around £234,143 median price is £190,000 Standard Deviation is £210,578 with Total Sold: 7
    • The Last 5 Year average price is £258,800 with Total Sold: 5
    • The most recent sale happened at this postcode is , 38 WEST END: £710,000 (Sold on 08 May 2024)
    • The first recorded sale happened at this postcode is , 16 HIGH STREET: £135,000 (Sold on 21 Feb 2018)
  • Semi-Detached
    • The average price is around £100,674 median price is £110,000 Standard Deviation is £51,474 with Total Sold: 248
    • The Last 5 Year average price is £159,640 with Total Sold: 30
    • The most recent sale happened at this postcode is , 42 THE CAUSEWAY: £180,000 (Sold on 29 Jan 2024)
    • The first recorded sale happened at this postcode is , 16 BEAUMONT CLOSE: £35,500 (Sold on 16 Jan 1995)
  • Terraced
    • The average price is around £86,553 median price is £84,350 Standard Deviation is £44,222 with Total Sold: 167
    • The Last 5 Year average price is £134,636 with Total Sold: 18
    • The most recent sale happened at this postcode is , 14 BREWERY STREET: £207,500 (Sold on 19 Dec 2023)
    • The first recorded sale happened at this postcode is , 16 BREWERY STREET: £39,000 (Sold on 12 Jan 1995)
  • Flat
    • The average price is around £51,411 median price is £56,500 Standard Deviation is £16,782 with Total Sold: 14
    • The Last 5 Year average price is £53,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 24B THE CAUSEWAY: £49,000 (Sold on 01 Aug 2023)
    • The first recorded sale happened at this postcode is , 24B THE CAUSEWAY: £25,000 (Sold on 16 Oct 1998)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£215,500 £2,402 10
2023£283,773 £2,996 11
2022£260,392 £2,874 20
2021£227,201 £2,433 34
2020£197,164 £1,882 18
2019£208,471 £2,058 17
2018£176,927 £2,220 20
2017£182,019 £2,164 24
2016£168,738 £1,919 21
2015£188,438 £1,953 16
2014£158,854 £2,125 23
2013£142,071 £1,661 21
2012£168,217 £1,852 9
2011£161,392 £1,690 18
2010£165,087 £1,828 27
2009£164,254 £1,661 13
2008£136,779 £4,444 5
2007£171,825 £1,918 34
2006£179,654 £1,539 25
2005£163,105 £2,216 19
2004£148,948 £1,683 23
2003£121,770 £1,444 20
2002£91,589 £1,120 35
2001£73,773 £825 43
2000£74,381 £812 30
1999£57,371 £714 40
1998£55,168 £724 34
1997£54,814 £627 37
1996£50,896 £662 23
1995£49,214 £604 23
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£710,0001
2022£167,0002
2021£125,000 £1,301 2
2018£172,500 £1,750 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,000 £1,860 2
2023£155,875 £2,333 4
2022£208,500 £2,933 6
2021£145,345 £2,136 10
2020£140,156 £2,249 8
2019£153,312 £1,845 8
2018£149,217 £1,961 9
2017£146,995 £1,864 10
2016£140,167 £1,588 6
2015£107,125 £1,733 6
2014£110,090 £1,759 10
2013£127,500 £1,635 8
2012£110,625 £2,167 4
2011£116,000 £1,295 5
2010£122,512 £1,889 12
2009£113,935 £1,602 10
2008£112,488 £1,573 4
2007£132,875 £1,764 6
2006£130,729 £1,691 12
2005£106,658 £1,751 6
2004£105,030 £1,322 10
2003£105,050 £1,282 5
2002£63,205 £839 9
2001£52,754 £695 13
2000£41,100 £596 12
1999£46,536 £648 7
1998£45,125 £508 12
1997£37,330 £660 17
1996£36,556 £453 9
1995£36,462 £571 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£162,125 £2,081 4
2022£110,650 £1,812 3
2021£131,182 £2,013 11
2019£127,500 £2,044 5
2018£146,500 £1,830 5
2017£98,200 £1,618 5
2016£120,599 £1,894 5
2015£125,217 £1,434 9
2013£98,000 £1,665 3
2012£111,000 £1,098 2
2011£75,000 £1,908 2
2010£92,000 £1,326 4
2009£95,550 £1,216 3
2008£127,500 £2,220 2
2007£126,000 £1,766 8
2006£125,494 £2,027 9
2005£91,417 £1,464 6
2004£100,374 £1,388 5
2003£77,341 £1,091 11
2002£64,142 £965 13
2001£46,438 £723 8
2000£42,428 £680 14
1999£34,625 £603 6
1998£34,062 £594 8
1997£37,450 £539 5
1996£30,250 £485 4
1995£33,985 £522 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£49,000 £1,441 1
2021£58,000 £1,657 1
2019£63,250 £1,933 2
2015£70,000 £1,407 1
2007£62,000 £1,824 1
2006£55,000 £1,618 1
2005£73,000 £1,217 1
2004£50,000 £1,576 1
2003£67,500 £1,107 1
2001£29,000 £884 2
2000£25,750 £736 1
1998£25,000 £735 1

House Type in PE24 5LQ area

The most common house types in the PE24 5LQ postcode area are Semi-detached (70), Detached (38), and commercial building (5).

Total120
Semi-detached70
Detached38
commercial building5
Shared house4
Terraced3
Flat0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (36), and Social rented: Other social rented (28).

Owned: Owns outright36
Social rented: Other social rented28
Owned: Owns with a mortgage or loan21
Private rented: Private landlord or letting agency18
Social rented: Rents from council or Local Authority10
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 PE24 5LQ have 1 person in household (44), and 2 people in household (42).

1 person in household44
2 people in household42
3 people in household19
4 people in household12
5 people in household1
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0