Housing Market Analysis for MILL LANE, PE24 5NF

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

Overview of Sold House prices

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

Detached
- The average price is around £106,895 median price is £105,000 Standard Deviation is £76,462 with Total Sold: 35
- The Last 5 Year average price is £236,375 with Total Sold: 4
- The most recent sale happened at this postcode is 11 MILL LANE: £225,000 (Sold on 11 Aug 2023)
- The first recorded sale happened at this postcode is 17 MILL LANE: £45,000 (Sold on 23 Feb 1995)
Other
- The average price is around £142,500 median price is £142,500 Standard Deviation is £135,500 with Total Sold: 2
- The Last 5 Year average price is £7,000 with Total Sold: 1
- The most recent sale happened at this postcode is 16 MILL LANE: £7,000 (Sold on 03 Dec 2021)
- The first recorded sale happened at this postcode is VICTORIA TAVERN MILL LANE: £278,000 (Sold on 13 Mar 2019)
Semi-Detached
- The average price is around £76,000 median price is £85,000 Standard Deviation is £40,108 with Total Sold: 3
- The most recent sale happened at this postcode is 16 MILL LANE: £120,000 (Sold on 24 May 2017)
- The first recorded sale happened at this postcode is 16 MILL LANE: £23,000 (Sold on 15 Feb 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average PE24 5NF 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£225,000	£3,901	1
2022	£178,000	£2,781	1
2021	£271,250	£2,200	2
2017	£141,667	£1,721	3
2016	£105,000	£1,641	1
2015	£148,250	£1,674	4
2014	£120,000	£1,481	1
2013	£75,000	£1,172	1
2009	£105,514	£708	2
2007	£128,750	£1,311	2
2005	£155,000	£1,490	1
2004	£120,817	£1,048	3
2002	£62,500	£455	2
2001	£58,500		1
1999	£27,000		1
1998	£36,250	£369	2
1997	£22,962	£209	4
1996	£40,000		1
1995	£38,500	£350	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£7,000	£111	1
2019	£278,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£120,000	£1,905	1
2009	£85,000	£988	1
1996	£23,000	£365	1

All the Sales in the MILL LANE, PE24 5NF

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

Address	Sold Date	Price	% Change
11 MILL LANEDetached, FreeholdArea: 57.674 Sq.mtrAge: 2003-2006	11 Aug 2023	£225,000	80.00%
	08 Apr 2015	£125,000	First Sale
13 MILL LANEDetached, FreeholdArea: 64 Sq.mtr	10 Mar 2022	£178,000	22.76%
	03 Aug 2017	£145,000	38.10%
	16 Sep 2016	£105,000	40.00%
	15 Mar 2013	£75,000	First Sale
16 MILL LANEOther, FreeholdArea: 63 Sq.mtrAge: before 1900	03 Dec 2021	£7,000	-94.17%
	24 May 2017	£120,000	421.74%
	15 Feb 1996	£23,000	First Sale
15 MILL LANEDetached, FreeholdArea: 83 Sq.mtrAge: 1996-2002	22 Jul 2021	£155,000	811.76%
15 MILL LANEDetached, FreeholdArea: 83 Sq.mtrAge: 1996-2002	27 Mar 2002	£17,000	First Sale
9 MILL LANEDetached, FreeholdArea: 153 Sq.mtrAge: 1950-1966	23 Jun 2021	£387,500	115.28%
	03 Nov 2017	£180,000	66.67%
	28 Aug 2002	£108,000	First Sale
VICTORIA TAVERN MILL LANEOther, Freehold	13 Mar 2019	£278,000	First Sale
25 MILL LANEDetached, Freehold	20 Nov 2017	£100,000	117.39%
25 MILL LANEDetached, Freehold	14 May 1997	£46,000	First Sale
8 MILL LANEDetached, FreeholdArea: 159.8 Sq.mtrAge: 1900-1929	18 Sep 2015	£190,000	15.15%
	25 Sep 2009	£165,000	-1.49%
	11 May 2004	£167,500	First Sale
3 MILL LANEDetached, FreeholdArea: 81 Sq.mtrAge: 1983-1990	28 Aug 2015	£148,000	23.33%
3 MILL LANEDetached, FreeholdArea: 81 Sq.mtrAge: 1983-1990	12 Sep 2014	£120,000	First Sale
5 MILL LANEDetached, FreeholdArea: 86 Sq.mtrAge: before 1900	19 Jan 2015	£130,000	52.94%
	18 Dec 2009	£85,000	372.22%
	27 Sep 1997	£18,000	First Sale
2 MILL LANEDetached, FreeholdArea: 120 Sq.mtrAge: 1900-1929	11 May 2009	£46,029	43.84%
2 MILL LANEDetached, FreeholdArea: 120 Sq.mtrAge: 1900-1929	13 Apr 1995	£32,000	First Sale
1 MILL LANEDetached, FreeholdArea: 89 Sq.mtrAge: 1900-1929	09 Nov 2007	£90,000	First Sale
17 MILL LANEDetached, FreeholdArea: 104 Sq.mtrAge: 1967-1975	30 Mar 2007	£167,500	8.06%
	14 Jun 2005	£155,000	244.44%
	23 Feb 1995	£45,000	First Sale
ZION COTTAGE MILL LANEDetached, Freehold	27 Aug 2004	£105,000	281.82%
ZION COTTAGE MILL LANEDetached, Freehold	21 Aug 1998	£27,500	First Sale
7A MILL LANEDetached, Freehold	29 Jan 2004	£89,950	First Sale
21 MILL LANEDetached, Freehold	15 Jun 2001	£58,500	First Sale
12 MILL LANEDetached, Freehold	26 Nov 1999	£27,000	80.00%
	06 Oct 1997	£15,000	16.73%
	28 Feb 1997	£12,850	First Sale
23 MILL LANEDetached, FreeholdArea: 122 Sq.mtrAge: 1950-1966	28 Jul 1998	£45,000	First Sale
27 MILL LANEDetached, Freehold	04 Sep 1996	£40,000	First Sale

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

MILL LANE, PE24 5NF Near By properties

Interactive Map

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

Detached
- The average price is around £129,230 median price is £123,500 Standard Deviation is £70,889 with Total Sold: 357
- The Last 5 Year average price is £215,047 with Total Sold: 45
- The most recent sale happened at this postcode is , 6 THAMES MEADOW DRIVE: £150,000 (Sold on 24 Jun 2024)
- The first recorded sale happened at this postcode is , 17 MILL LANE: £45,000 (Sold on 23 Feb 1995)
Semi-Detached
- The average price is around £91,163 median price is £89,000 Standard Deviation is £43,226 with Total Sold: 148
- The Last 5 Year average price is £146,250 with Total Sold: 18
- The most recent sale happened at this postcode is , 18 STONES CLOSE: £135,000 (Sold on 13 Dec 2023)
- The first recorded sale happened at this postcode is , CHARNWOOD HIGH STREET: £37,000 (Sold on 13 Apr 1995)
Terraced
- The average price is around £72,450 median price is £67,500 Standard Deviation is £36,217 with Total Sold: 52
- The Last 5 Year average price is £134,900 with Total Sold: 5
- The most recent sale happened at this postcode is , THE COTTAGE HIGH STREET: £80,000 (Sold on 12 Oct 2023)
- The first recorded sale happened at this postcode is , RADLEY HOUSE HIGH STREET: £22,000 (Sold on 16 Oct 1995)
Other
- The average price is around £130,722 median price is £95,000 Standard Deviation is £95,103 with Total Sold: 9
- The Last 5 Year average price is £112,125 with Total Sold: 4
- The most recent sale happened at this postcode is , 3 WILKINSON WAY: £184,000 (Sold on 17 Mar 2022)
- The first recorded sale happened at this postcode is , INGLEBY HOUSE HIGH STREET: £40,000 (Sold on 21 Nov 2013)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£193,125	£2,532	4
2023	£200,500	£2,856	10
2022	£273,533	£2,513	6
2021	£211,312	£2,248	16
2020	£208,600	£2,247	9
2019	£168,179	£1,893	14
2018	£162,355	£2,142	10
2017	£159,643	£1,809	14
2016	£141,562	£1,842	8
2015	£167,281	£1,791	16
2014	£137,466	£2,007	16
2013	£117,995	£1,454	11
2012	£109,200	£1,605	5
2011	£104,000	£1,414	5
2010	£150,231	£1,692	8
2009	£122,448	£1,388	9
2008	£150,417	£1,180	6
2007	£168,329	£1,673	15
2006	£166,933	£1,659	12
2005	£188,571	£1,556	14
2004	£134,005	£1,490	21
2003	£106,513	£1,269	15
2002	£91,759	£1,210	26
2001	£68,977	£969	13
2000	£69,158	£819	12
1999	£56,611	£635	13
1998	£50,706	£570	19
1997	£38,670	£552	15
1996	£47,428	£453	7
1995	£45,306	£528	8

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£161,500	£2,410	2
2022	£159,999	£2,259	4
2021	£148,688	£1,809	8
2020	£120,000	£1,630	4
2019	£133,750	£1,933	6
2018	£114,667	£2,039	3
2017	£128,875	£1,552	6
2016	£105,562	£1,509	8
2015	£87,000	£1,414	2
2014	£99,000	£1,701	2
2013	£95,800	£1,577	5
2012	£95,000	£1,067	1
2011	£101,317	£1,471	3
2010	£102,500	£1,272	4
2009	£98,167	£1,612	6
2008	£100,111	£1,617	9
2007	£118,583	£1,951	6
2006	£125,714	£1,435	7
2005	£105,899	£1,721	5
2004	£97,000	£1,023	2
2003	£90,862	£1,078	4
2002	£67,843	£758	7
2001	£51,850	£516	6
2000	£43,564	£660	11
1999	£41,857	£612	7
1998	£41,375	£381	8
1997	£29,000	£366	2
1996	£32,569	£468	7
1995	£30,583		3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£80,000	£1,356	1
2022	£142,500	£2,314	2
2021	£154,750	£2,028	2
2018	£87,375	£1,476	4
2017	£74,000	£1,254	1
2015	£77,500	£1,062	1
2014	£88,000	£898	3
2012	£75,000	£1,190	1
2010	£97,500	£1,453	1
2009	£73,333	£992	3
2008	£73,833	£1,040	3
2007	£105,000	£1,538	2
2006	£77,000	£1,305	1
2005	£81,667	£1,175	3
2004	£85,090	£1,046	5
2003	£74,225	£897	2
2002	£41,333	£606	3
2001	£45,833	£505	3
2000	£37,167	£580	3
1999	£22,248	£353	2
1998	£33,500	£510	3
1997	£39,995		1
1996	£28,000	£444	1
1995	£22,000	£297	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£184,000	£3,680	1
2021	£7,000	£111	1
2020	£128,750	£1,857	2
2019	£278,000		1
2018	£50,000		1
2017	£265,000		1
2016	£95,000	£785	1
2013	£40,000	£590	1

House Type in PE24 5NF area

The most common house types in the PE24 5NF postcode area are Detached (94), Semi-detached (30), and Terraced (10).

Total	146
Detached	94
Semi-detached	30
Terraced	10
Flat	3
converted building	3
commercial building	3
Shared house	2
temporary structure	1

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (69), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright	69
Owned: Owns with a mortgage or loan	44
Private rented: Private landlord or letting agency	25
Private rented: Other private rented	7
Shared ownership: Shared ownership	2
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the PE24 5NF have 2 people in household (62), and 1 person in household (34).

2 people in household	62
1 person in household	34
3 people in household	27
4 people in household	17
5 people in household	6
7 people in household	2
6 people in household	1
0 people in household	0
8 or more people in household	0