FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in LN1

House Prices in LN1 House Prices in LN1 (Lincoln)

The average house price in LN1 (Lincoln) is £291,705 using HM Land Registry data.

The average property price increased by £79,628 (35.48%) over the last 5 years and increased by £15,955 (5.03%) over the last 12 months.

Over the last year, there were 252 residential property sales – a decrease of 183 transactions (-72.62%) relative to the previous year. The majority of house sales (79) were in the £130,000 - £190,000 range. Then came properties in the £190,000 - £250,000 range, where 57 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 65 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,820 (-3%).

In Oct 24, there were 77 new estate agency instructions, 60 agreed home sales and 63 property price reductions.

Nearby Postcodes: DN10, DN16, DN17, DN20, DN21, DN22, DN36, DN37, DN9, LN10, LN11, LN12, LN13, LN2, LN3, LN4, LN5, LN6, LN7, LN8, LN9, NG13, NG14, NG20, NG21, NG22, NG23, NG24, NG25, NG32, NG34, PE22, PE23, PE24, S80, S81

5-Year Average Property Prices in LN1 (Lincoln)

35.48%

Property prices in Lincoln increased by 35.48% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LN1 (Lincoln) Over the Last Year

5.03%

Property prices in Lincoln increased by 5.03% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for LN1 (Lincoln) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LN1 (Lincoln)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LN1 (Lincoln)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LN1 (Lincoln)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LN1 (Lincoln) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LN1 postcode area since 1995.

Recent Sales in LN1 (Lincoln)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
33 Wilson Street, Lincoln, Lincolnshire, LN1 3HZ£130,000£130,000£0007 Mar 202423 Aug 2024169 Days
7 Carisbrooke Close, Lincoln, Lincolnshire, LN1 3JR£260,000£245,000-£15,00019 Apr 202408 Aug 2024111 Days
5 Dorset Place, Scampton, Lincoln, Lincolnshire, LN1 2UF£170,000£165,000-£5,00016 Nov 202302 Aug 2024260 Days
65 Queen Elizabeth Road, Lincoln, Lincolnshire, LN1 3RL£180,000£180,000£0029 Feb 202430 Jul 2024152 Days
10 Falklands Close, Lincoln, Lincolnshire, LN1 3XH£169,000£162,000-£7,00029 Apr 202426 Jul 202488 Days
3 Maltkiln Road, Fenton, Lincoln, Lincolnshire, LN1 2EW£170,000£170,000£0016 Apr 202426 Jul 2024101 Days
8 Albany Street, Lincoln, Lincolnshire, LN1 3JD£175,000£168,000-£7,00015 Mar 202419 Jul 2024126 Days
4 Whitley Street, Scampton, Lincoln, Lincolnshire, LN1 2UR£140,000£135,000-£5,00007 Feb 202419 Jul 2024163 Days
33 Riseholme Road, Lincoln, Lincolnshire, LN1 3SN£275,000£255,000-£20,00028 Feb 202416 Jul 2024139 Days
8 Aisne Close, Lincoln, Lincolnshire, LN1 3XG£399,950£380,000-£19,95031 Aug 202301 Jul 2024305 Days
5 Fleet Street, Lincoln, Lincolnshire, LN1 1SD£125,000£107,000-£18,00020 May 202428 Jun 202439 Days
81 Mill Road, Lincoln, Lincolnshire, LN1 3JQ£210,000£202,000-£8,00005 Jan 202418 Jun 2024165 Days
31 Devonshire Road, Scampton, Lincoln, Lincolnshire, LN1 2UB£140,000£140,000£0008 Feb 202414 Jun 2024127 Days
3 Chestnut Street, Lincoln, Lincolnshire, LN1 3HB£190,000£168,800-£21,20022 Sep 202312 Jun 2024264 Days
7 Macphail Crescent, Saxilby, Lincoln, Lincolnshire, LN1 2WL£495,000£475,000-£20,00020 Nov 202306 Jun 2024199 Days
8 Carisbrooke Close, Lincoln, Lincolnshire, LN1 3JR£250,000£240,000-£10,00017 Oct 202304 Jun 2024231 Days
32 High Street, Newton On Trent, Lincoln, Lincolnshire, LN1 2JP£275,000£268,000-£7,00023 Nov 202303 Jun 2024193 Days
21 Alexandra Terrace, Lincoln, Lincolnshire, LN1 1JF£150,000£143,000-£7,00005 Nov 202331 May 2024208 Days
36 Turner Street, Lincoln, Lincolnshire, LN1 3JL£235,000£225,000-£10,00022 Mar 202429 May 202468 Days
1 Daubeney Avenue, Saxilby, Lincoln, Lincolnshire, LN1 2WA£165,000£155,000-£10,00006 Nov 202324 May 2024200 Days

Most Expensive Streets in LN1 (Lincoln)

PostcodeStreetAreaAverageNo. of Sales
LN1 2BJThe Fairways, TorkseyLincoln£1,159,6005
LN1 2RDBurtonLincoln£764,3119
LN1 3BSBailgate Court, Wordsworth Street, LincolnLincoln£749,55010
LN1 2TZLakeside, Sturton By StowLincoln£721,2504
LN1 2RRMain Street, North CarltonLincoln£709,3754
LN1 4AUFossdyke Paddock, SaxilbyLincoln£698,1254
LN1 2UYGrange Close, InghamLincoln£611,2504
LN1 2TTScamptonLincoln£560,2377
LN1 2YDGrange Lane, InghamLincoln£545,8333
LN1 1JPThe Heights, Carline RoadLincoln£543,1254

Least Expensive Streets in LN1 (Lincoln)

PostcodeStreetAreaAverageNo. of Sales
LN1 2RARooks Close, SaxilbyLincoln£97,2005
LN1 3UUThorpe AvenueLincoln£100,9874
LN1 2ADQueensway, Sturton By StowLincoln£102,5003
LN1 1AEHarricot CloseLincoln£103,0003
LN1 2XAWalnut Court, InghamLincoln£106,6005
LN1 3ULCambrai CloseLincoln£109,2508
LN1 1NHBlenheim MewsLincoln£110,6115
LN1 3STAylesby CloseLincoln£114,6663
LN1 2YAShort Lane, InghamLincoln£114,8333
LN1 1HEBeaumont Court, Spring HillLincoln£116,4005

Explore LN1 (Lincoln) using map

Sell Your
House Fast
Property Auctions Lincolnshire
Property Auctions Lincolnshire
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark