Housing Market Analysis for LAVENDER WAY, SG5 2LU

Are you looking to understand SG5 2LU 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 North Hertfordshire postcode.

For the location information and nearby amenities in the SG5 2LU area, explore the SG5 2LU Area information page.
For comprehensive crime statistics in the SG5 2LU area, explore the SG5 2LU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the SG5 2LU postcode area, The average prices are as follows,

Detached
- The average price is around £364,481 median price is £318,500 Standard Deviation is £217,791 with Total Sold: 24
- The Last 5 Year average price is £675,000 with Total Sold: 2
- The most recent sale happened at this postcode is 4 LAVENDER WAY: £775,000 (Sold on 14 Jun 2021)
- The first recorded sale happened at this postcode is 6 LAVENDER WAY: £118,000 (Sold on 29 Nov 1995)
Other
- The average price is around £30,000 median price is £30,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 17 LAVENDER WAY: £30,000 (Sold on 05 Sep 2016)
- The first recorded sale happened at this postcode is 17 LAVENDER WAY: £30,000 (Sold on 05 Sep 2016)
Terraced
- The average price is around £186,000 median price is £186,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 7 LAVENDER WAY: £186,000 (Sold on 24 Aug 1999)
- The first recorded sale happened at this postcode is 7 LAVENDER WAY: £186,000 (Sold on 24 Aug 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average SG5 2LU 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
2021	£775,000	£6,352	1
2019	£575,000	£6,534	1
2018	£920,000	£8,598	1
2017	£526,000	£4,916	1
2016	£703,000	£5,246	1
2015	£465,000	£3,496	1
2014	£403,000	£4,198	1
2011	£478,000	£4,760	1
2009	£305,000	£3,925	1
2007	£406,225		2
2005	£470,000		1
2004	£332,250		2
2003	£222,000		1
2002	£200,000	£1,504	1
2001	£190,000		1
1999	£211,000	£1,758	1
1998	£145,250		2
1997	£185,000		1
1996	£117,050	£1,146	2
1995	£118,000		1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£30,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1999	£186,000	£1,852	1

All the Sales in the LAVENDER WAY, SG5 2LU

See the table below for more details on the sold house prices in the SG5 2LU, North Hertfordshire postcode.

Address	Sold Date	Price	% Change
4 LAVENDER WAYDetached, FreeholdArea: 122 Sq.mtrAge: 1950-1966	14 Jun 2021	£775,000	First Sale
26 LAVENDER WAYDetached, FreeholdArea: 88 Sq.mtrAge: 1950-1966	09 Aug 2019	£575,000	First Sale
12 LAVENDER WAYDetached, FreeholdArea: 107 Sq.mtrAge: 1950-1966	23 Nov 2018	£920,000	74.90%
	10 Feb 2017	£526,000	First Sale
1 LAVENDER WAYDetached, FreeholdArea: 134 Sq.mtrAge: 1950-1966	05 Dec 2016	£703,000	First Sale
17 LAVENDER WAYOther, Freehold	05 Sep 2016	£30,000	-83.78%
17 LAVENDER WAYOther, Freehold	14 Jul 1997	£185,000	First Sale
23 LAVENDER WAYDetached, FreeholdArea: 133 Sq.mtrAge: 1950-1966	23 Mar 2015	£465,000	132.50%
	29 Aug 2002	£200,000	First Sale
11 LAVENDER WAYDetached, FreeholdArea: 96 Sq.mtrAge: 1950-1966	23 Jan 2014	£403,000	First Sale
7 LAVENDER WAYDetached, FreeholdArea: 100.43 Sq.mtrAge: 1967-1975	07 Jul 2011	£478,000	156.99%
	24 Aug 1999	£186,000	First Sale
16 LAVENDER WAYDetached, FreeholdArea: 77.7 Sq.mtrAge: 1950-1966	27 Nov 2009	£305,000	First Sale
21 LAVENDER WAYDetached, Freehold	23 Feb 2007	£499,950	First Sale
6 LAVENDER WAYDetached, Freehold	25 Jan 2007	£312,500	164.83%
6 LAVENDER WAYDetached, Freehold	29 Nov 1995	£118,000	First Sale
14 LAVENDER WAYDetached, Freehold	01 Nov 2005	£470,000	111.71%
14 LAVENDER WAYDetached, Freehold	21 May 2003	£222,000	First Sale
15 LAVENDER WAYDetached, Freehold	15 Jul 2004	£324,500	70.79%
15 LAVENDER WAYDetached, Freehold	19 Jan 2001	£190,000	First Sale
9 LAVENDER WAYDetached, Freehold	24 Mar 2004	£340,000	First Sale
5 LAVENDER WAYDetached, FreeholdArea: 120 Sq.mtrAge: 1950-1966	24 Aug 1999	£211,000	53.45%
	30 Apr 1996	£137,500	First Sale
8 LAVENDER WAYDetached, Freehold	18 Dec 1998	£137,000	First Sale
25 LAVENDER WAYDetached, Freehold	31 Jul 1998	£153,500	First Sale
10 LAVENDER WAYDetached, Freehold	23 Aug 1996	£96,600	First Sale

Check out the sold house prices near the SG5 2LU postcode. Properties currently for saleProperties currently for rent

LAVENDER WAY, SG5 2LU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the SG5 2LU 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 SG5 2LU postcode.

Flat
- The average price is around £167,537 median price is £145,000 Standard Deviation is £90,907 with Total Sold: 690
- The Last 5 Year average price is £256,765 with Total Sold: 123
- The most recent sale happened at this postcode is 18, ARCHERS COURT ELMSIDE WALK: £315,000 (Sold on 14 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 54, MAPLES COURT BEDFORD ROAD: £85,950 (Sold on 18 Jan 1995)
Terraced
- The average price is around £215,444 median price is £188,950 Standard Deviation is £140,973 with Total Sold: 517
- The Last 5 Year average price is £402,016 with Total Sold: 67
- The most recent sale happened at this postcode is , 1 BEDFORD STREET: £429,750 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 34 CHALKDELL PATH: £48,000 (Sold on 10 Mar 1995)
Detached
- The average price is around £421,921 median price is £355,500 Standard Deviation is £272,333 with Total Sold: 381
- The Last 5 Year average price is £799,492 with Total Sold: 77
- The most recent sale happened at this postcode is , HIGH TREES LUCAS LANE: £930,000 (Sold on 08 Jul 2024)
- The first recorded sale happened at this postcode is , 48 LUCAS LANE: £143,750 (Sold on 09 Jan 1995)
Semi-Detached
- The average price is around £273,453 median price is £225,250 Standard Deviation is £176,744 with Total Sold: 718
- The Last 5 Year average price is £503,699 with Total Sold: 86
- The most recent sale happened at this postcode is , 5 FRIDAY FURLONG: £412,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is , 17 OUGHTON HEAD WAY: £51,950 (Sold on 27 Jan 1995)
Other
- The average price is around £237,050 median price is £180,000 Standard Deviation is £231,621 with Total Sold: 8
- The Last 5 Year average price is £279,100 with Total Sold: 4
- The most recent sale happened at this postcode is , 61 OLD PARK ROAD: £565,000 (Sold on 04 Dec 2023)
- The first recorded sale happened at this postcode is 8, THE OLD BAKERY OLD PARK ROAD: £40,000 (Sold on 18 May 2015)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£248,000	£4,219	7
2023	£274,822	£4,988	27
2022	£263,441	£5,116	17
2021	£249,290	£5,259	24
2020	£244,700	£4,850	15
2019	£251,333	£5,520	33
2018	£244,296	£4,376	25
2017	£224,300	£4,255	18
2016	£252,619	£4,440	31
2015	£235,265	£3,849	95
2014	£146,607	£3,141	28
2013	£132,024	£2,519	21
2012	£139,961	£2,728	14
2011	£137,863	£2,929	15
2010	£136,494	£2,798	10
2009	£160,651	£2,876	19
2008	£195,632	£3,752	21
2007	£144,054	£2,811	22
2006	£126,225	£2,676	22
2005	£134,885	£2,969	13
2004	£129,472	£2,710	23
2003	£117,727	£2,432	22
2002	£97,929	£2,057	26
2001	£68,978	£1,448	28
2000	£61,485	£1,383	27
1999	£61,070	£1,177	22
1998	£56,789	£1,148	19
1997	£51,460	£1,088	14
1996	£53,739	£999	18
1995	£53,286	£1,006	14

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£407,917		3
2023	£401,944	£7,396	9
2022	£537,500	£6,119	12
2021	£371,937	£5,845	15
2020	£358,291	£4,999	12
2019	£360,331	£5,833	16
2018	£408,843	£5,402	13
2017	£354,620	£5,343	15
2016	£372,447	£4,939	19
2015	£365,063	£4,455	23
2014	£266,780	£3,868	15
2013	£257,533	£3,585	15
2012	£212,708	£3,349	12
2011	£181,292	£2,874	12
2010	£244,115	£3,185	13
2009	£193,930	£2,982	10
2008	£215,363	£3,196	11
2007	£224,855	£2,784	20
2006	£217,224	£3,101	32
2005	£189,900	£2,581	10
2004	£185,092	£2,696	17
2003	£182,298	£2,694	24
2002	£155,521	£2,044	21
2001	£120,606	£1,983	23
2000	£109,600	£1,596	24
1999	£97,994	£1,307	19
1998	£79,710	£1,133	28
1997	£65,931	£952	27
1996	£58,100	£957	25
1995	£63,740	£941	22

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£930,000		1
2023	£860,607	£6,025	7
2022	£902,768	£6,890	7
2021	£741,550	£5,774	20
2020	£771,488	£5,283	13
2019	£807,824	£5,450	29
2018	£740,825	£5,356	6
2017	£663,269	£5,077	18
2016	£635,600	£4,419	5
2015	£567,388	£4,210	16
2014	£467,035	£4,246	14
2013	£444,884	£3,808	6
2012	£439,833	£3,694	9
2011	£434,714	£3,839	7
2010	£420,278	£3,711	9
2009	£339,312	£3,098	8
2008	£366,861	£2,533	14
2007	£384,961	£3,252	14
2006	£336,786	£2,732	14
2005	£358,000	£2,623	9
2004	£330,617	£2,475	17
2003	£315,455	£2,280	11
2002	£234,000	£2,262	7
2001	£227,124	£1,840	8
2000	£224,852	£1,903	19
1999	£173,833	£1,398	15
1998	£156,821	£1,213	14
1997	£138,412	£1,143	12
1996	£109,782	£959	19
1995	£121,660	£928	33

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£400,667		3
2023	£482,875	£6,319	12
2022	£431,135	£6,052	13
2021	£537,757	£5,299	20
2020	£554,611	£5,275	18
2019	£498,938	£5,136	20
2018	£514,373	£5,329	24
2017	£504,568	£5,696	22
2016	£517,039	£4,741	19
2015	£440,988	£4,418	21
2014	£342,243	£3,564	21
2013	£332,869	£3,335	34
2012	£308,469	£3,082	18
2011	£285,559	£2,989	17
2010	£259,983	£3,219	21
2009	£267,469	£2,879	16
2008	£294,545	£3,103	11
2007	£296,940	£3,019	26
2006	£271,191	£2,605	32
2005	£248,633	£2,617	30
2004	£243,134	£2,474	35
2003	£206,256	£2,176	32
2002	£165,853	£1,900	35
2001	£156,817	£1,679	29
2000	£150,420	£1,593	30
1999	£125,026	£1,277	28
1998	£101,951	£1,119	43
1997	£86,868	£1,021	22
1996	£76,710	£904	41
1995	£73,078	£864	25

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£557,500		2
2021	£700		2
2018	£320,000	£5,714	1
2016	£30,000		1
2015	£215,000	£1,053	2

House Type in SG5 2LU area

The most common house types in the SG5 2LU postcode area are Detached (67), Semi-detached (57), and temporary structure (18).

Total	163
Detached	67
Semi-detached	57
temporary structure	18
Flat	15
Terraced	6
Shared house	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (74), and Owned: Owns with a mortgage or loan (73).

Owned: Owns outright	74
Owned: Owns with a mortgage or loan	73
Private rented: Private landlord or letting agency	14
Private rented: Other private rented	2
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the SG5 2LU have 2 people in household (56), and 4 people in household (43).

2 people in household	56
4 people in household	43
1 person in household	37
3 people in household	24
5 people in household	6
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0