Housing Market Analysis for MILL LANE, PE24 5NP

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £183,500 median price is £200,000 Standard Deviation is £72,838 with Total Sold: 7
    • The Last 5 Year average price is £260,000 with Total Sold: 2
    • The most recent sale happened at this postcode is SANDYGATE MILL LANE: £290,000 (Sold on 06 Apr 2023)
    • The first recorded sale happened at this postcode is SANDYGATE MILL LANE: £41,000 (Sold on 22 Mar 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average PE24 5NP 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
2023£290,000 £1,946 1
2021£230,000 £1,544 1
2017£215,000 £1,443 1
2016£200,000 £1,342 1
2011£167,5001
2005£141,000 £946 1
1999£41,000 £275 1

All the Sales in the MILL LANE, PE24 5NP

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

AddressSold DatePrice% Change
SANDYGATE MILL LANEDetached, FreeholdArea: 149 Sq.mtrAge: 1950-196606 Apr 2023£290,00026.09%
21 May 2021£230,0006.98%
04 Aug 2017£215,0007.50%
15 Jan 2016£200,00041.84%
28 Oct 2005£141,000243.90%
22 Mar 1999£41,000First Sale
HUNTERS KEEP MILL LANEDetached, Freehold25 Oct 2011£167,500First Sale

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

MILL LANE, PE24 5NP Near By properties

Interactive Map

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

  • Detached
    • The average price is around £133,792 median price is £127,500 Standard Deviation is £78,438 with Total Sold: 48
    • The Last 5 Year average price is £228,950 with Total Sold: 10
    • The most recent sale happened at this postcode is , 1 ERIC AVENUE: £360,000 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is , CONISTON SEA ROAD: £70,000 (Sold on 10 Jul 1995)
  • Semi-Detached
    • The average price is around £119,666 median price is £112,500 Standard Deviation is £63,288 with Total Sold: 6
    • The Last 5 Year average price is £239,995 with Total Sold: 1
    • The most recent sale happened at this postcode is , LEISURE, 7 MILL LANE CLOSE: £239,995 (Sold on 21 Oct 2022)
    • The first recorded sale happened at this postcode is , SUNNYSIDE MILL LANE: £23,000 (Sold on 14 May 1997)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£300,000 £1,946 3
2021£176,250 £1,973 2
2020£255,500 £2,370 2
2019£175,333 £2,241 3
2017£168,750 £1,920 4
2016£156,000 £1,408 2
2014£232,000 £1,677 2
2013£125,0001
2011£167,5001
2010£126,500 £1,800 2
2009£152,000 £1,548 1
2008£134,167 £1,341 3
2007£130,000 £2,321 1
2005£143,250 £1,214 2
2004£125,0001
2003£102,833 £1,143 3
2001£56,7502
2000£52,000 £634 1
1999£45,250 £521 4
1998£52,000 £261 2
1997£43,250 £565 4
1995£54,000 £526 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£239,9951
2016£120,0001
2011£115,000 £1,353 1
2009£110,0001
2005£110,000 £1,294 1
1997£23,000 £343 1

House Type in PE24 5NP area

The most common house types in the PE24 5NP postcode area are Detached (75), Semi-detached (37), and Flat (4).

Total121
Detached75
Semi-detached37
Flat4
temporary structure3
Shared house2
Terraced0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (57), and Social rented: Other social rented (21).

Owned: Owns outright57
Social rented: Other social rented21
Owned: Owns with a mortgage or loan16
Private rented: Private landlord or letting agency14
Private rented: Other private rented7
Social rented: Rents from council or Local Authority5
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the PE24 5NP have 2 people in household (57), and 1 person in household (31).

2 people in household57
1 person in household31
3 people in household15
4 people in household7
5 people in household7
6 people in household2
7 people in household1
8 or more people in household1
0 people in household0