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House Prices in LN5

The average house price in LN5 (Lincoln) is £225,666 using HM Land Registry data.

The average property price increased by £32,238 (63.58%) over the last 5 years and increased by £6,460 (7.65%) over the last 12 months.

Over the last year, there were 325 residential property sales – a decrease of 185 transactions (-56.92%) relative to the previous year. The majority of house sales (112) were in the £100,000 - £160,000 range. Then came properties in the £160,000 - £220,000 range, where 75 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 61 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,131 (-3%).

In Oct 24, there were 83 new estate agency instructions, 59 agreed home sales and 58 property price reductions.

5-Year Average Property Prices in LN5 (Lincoln)

63.58%

Property prices in Lincoln increased by 63.58% 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 LN5 (Lincoln) Over the Last Year

7.65%

Property prices in Lincoln increased by 7.65% 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.

Property Market Heat Gauge for LN5 (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 LN5 (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 LN5 (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 LN5 (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 LN5 (Lincoln) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LN5 postcode area since 1995.

Recent Sales in LN5 (Lincoln)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
31 Gibbeson Street, Lincoln, Lincolnshire, LN5 8JP	£130,000	£75,000	-£55,000	06 Dec 2023	16 Aug 2024	254 Days
3 St Andrews Place, Lincoln, Lincolnshire, LN5 7LX	£130,000	£126,000	-£4,000	20 May 2024	14 Aug 2024	86 Days
11 Sherwood Drive, Waddington, Lincoln, Lincolnshire, LN5 9DD	£220,000	£215,000	-£5,000	16 Jan 2024	09 Aug 2024	206 Days
23 Antrim Road, Lincoln, Lincolnshire, LN5 8TF	£140,000	£140,000	£00	14 Mar 2024	09 Aug 2024	148 Days
122 Hollywell Road, Lincoln, Lincolnshire, LN5 9BY	£300,000	£288,500	-£11,500	18 May 2024	05 Aug 2024	79 Days
30 Hobart Close, Waddington, Lincoln, Lincolnshire, LN5 9FZ	£285,000	£285,000	£00	07 Jun 2024	02 Aug 2024	56 Days
2 Newark Road, Bassingham, Lincoln, Lincolnshire, LN5 9HA	£475,000	£440,000	-£35,000	26 Oct 2023	26 Jul 2024	274 Days
Apartment 7, Mill View Court, Vernon Street, Lincoln, Lincolnshire, LN5 7PQ	£220,000	£175,000	-£45,000	21 Sep 2022	12 Jul 2024	660 Days
5 Derby Street, Lincoln, Lincolnshire, LN5 8DP	£135,000	£127,500	-£7,500	29 Feb 2024	12 Jul 2024	134 Days
6 Cullin Close, Lincoln, Lincolnshire, LN5 9AS	£174,995	£140,000	-£34,995	14 Mar 2024	10 Jul 2024	118 Days
101 High Street, Brant Broughton, Lincoln, Lincolnshire, LN5 0SA	£400,000	£400,000	£00	26 Jan 2024	05 Jul 2024	161 Days
8 Temple Goring, Navenby, Lincoln, Lincolnshire, LN5 0TX	£330,000	£325,000	-£5,000	28 Feb 2024	05 Jul 2024	128 Days
8 Nelthorpe Street, Lincoln, Lincolnshire, LN5 7SJ	£120,000	£115,000	-£5,000	21 Mar 2024	03 Jul 2024	104 Days
6 Tanners Court, Lincoln, Lincolnshire, LN5 7AG	£95,000	£92,500	-£2,500	24 Jul 2021	28 Jun 2024	1070 Days
13 Cumberland Avenue, Wellingore, Lincoln, Lincolnshire, LN5 0BL	£190,000	£180,000	-£10,000	11 Nov 2023	27 Jun 2024	229 Days
22 Robey Street, Lincoln, Lincolnshire, LN5 8AU	£140,000	£135,000	-£5,000	25 Sep 2023	24 Jun 2024	273 Days
70 Fairfax Street, Lincoln, Lincolnshire, LN5 8NR	£90,000	£81,500	-£8,500	07 Nov 2023	21 Jun 2024	227 Days
75 Foster Street, Lincoln, Lincolnshire, LN5 7QE	£128,000	£125,000	-£3,000	08 Jan 2024	07 Jun 2024	151 Days
75 Vernon Street, Lincoln, Lincolnshire, LN5 7QU	£129,950	£120,000	-£9,950	31 Jan 2024	07 Jun 2024	128 Days
10 Saville Street, Lincoln, Lincolnshire, LN5 8NH	£140,000	£137,500	-£2,500	31 Jan 2024	31 May 2024	121 Days

Most Expensive Streets in LN5 (Lincoln)

Postcode	Street	Area	Average	No. of Sales
LN5 9GF	Harmston Park Avenue, Harmston	Lincoln	£751,666	9
LN5 0LA	Lincoln Road, Navenby	Lincoln	£680,000	3
LN5 9EF	Haddington	Lincoln	£642,600	5
LN5 0DG	Temple Farm, Temple Bruer	Lincoln	£597,142	7
LN5 0FP	The Blacksmiths Gardens, Leadenham	Lincoln	£593,200	5
LN5 9TB	Chapel Lane, Harmston	Lincoln	£587,300	5
LN5 0LG	Far End, Boothby Graffoe	Lincoln	£576,428	7
LN5 9SS	Church Lane, Harmston	Lincoln	£571,250	4
LN5 9DU	Chapel Lane, Aubourn	Lincoln	£555,500	4
LN5 0EN	High Street, Navenby	Lincoln	£554,983	3

Least Expensive Streets in LN5 (Lincoln)

Postcode	Street	Area	Average	No. of Sales
LN5 8LA	Knight Terrace	Lincoln	£90,362	4
LN5 9WD	Squires Road, Waddington	Lincoln	£92,666	3
LN5 8JP	Gibbeson Street	Lincoln	£94,290	5
LN5 8JS	Shakespeare Street	Lincoln	£94,833	3
LN5 8JA	High Street	Lincoln	£95,000	3
LN5 7UL	Thesiger Street	Lincoln	£96,416	6
LN5 8QH	Ellison Street	Lincoln	£96,501	6
LN5 7UB	St Andrews Street	Lincoln	£97,750	4
LN5 7AG	Tanners Court	Lincoln	£97,928	7
LN5 7UE	St Andrews Street	Lincoln	£98,357	7