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House Prices in LN6

The average house price in LN6 (Lincoln) is £235,375 using HM Land Registry data.

The average property price increased by £56,631 (26.01%) over the last 5 years and increased by £11,321 (3.92%) over the last 12 months.

Over the last year, there were 552 residential property sales – a decrease of 416 transactions (-75.36%) relative to the previous year. The majority of house sales (149) were in the £178,000 - £216,000 range. Then came properties in the £216,000 - £254,000 range, where 101 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,379 (-2%).

In June 2024, there were 136 new estate agency instructions, 83 agreed home sales and 103 property price reductions.

5-Year Average Property Prices in LN6 (Lincoln)

26.01%

Property prices in Lincoln increased by 26.01% 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 LN6 (Lincoln) Over the Last Year

3.92%

Property prices in Lincoln increased by 3.92% 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 LN6 (Lincoln) - June 2024

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 LN6 (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 LN6 (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 LN6 (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 LN6 (Lincoln) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LN6 postcode area since 1995.

Recent Sales in LN6 (Lincoln)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
7 Chatsworth Drive, North Hykeham, Lincoln, Lincolnshire, LN6 8LD	£200,000	£200,000	£00	27 Dec 2023	17 May 2024	142 Days
10 Delph Road, North Hykeham, Lincoln, Lincolnshire, LN6 9RF	£210,000	£200,000	-£10,000	07 Jul 2023	03 May 2024	301 Days
19 Ash Close, Lincoln, Lincolnshire, LN6 0RU	£175,000	£170,000	-£5,000	11 Jan 2024	03 May 2024	113 Days
6 The Dene, Skellingthorpe, Lincoln, Lincolnshire, LN6 5ST	£325,000	£325,000	£00	12 Oct 2023	01 May 2024	202 Days
5 Snaith Close, Lincoln, Lincolnshire, LN6 0SR	£300,000	£290,000	-£10,000	12 Jan 2024	30 Apr 2024	109 Days
3 Hamilton Road, North Hykeham, Lincoln, Lincolnshire, LN6 9AH	£255,000	£255,000	£00	24 Oct 2023	30 Apr 2024	189 Days
35 Hathersage Avenue, North Hykeham, Lincoln, Lincolnshire, LN6 8LJ	£260,000	£256,250	-£3,750	17 Nov 2023	26 Apr 2024	161 Days
11 Hawksmoor Close, North Hykeham, Lincoln, Lincolnshire, LN6 9PN	£250,000	£245,000	-£5,000	21 Jul 2023	25 Apr 2024	279 Days
1 Macmillan Avenue, North Hykeham, Lincoln, Lincolnshire, LN6 9SA	£275,000	£267,000	-£8,000	10 Nov 2023	25 Apr 2024	167 Days
2 Waverley Avenue, Lincoln, Lincolnshire, LN6 8TJ	£180,000	£165,000	-£15,000	12 Jun 2023	24 Apr 2024	317 Days
8 Derwent Close, North Hykeham, Lincoln, Lincolnshire, LN6 8ER	£270,000	£257,000	-£13,000	12 Oct 2023	19 Apr 2024	190 Days
45 Dellfield Avenue, Lincoln, Lincolnshire, LN6 0PR	£150,000	£148,000	-£2,000	24 Jan 2024	19 Apr 2024	86 Days
322 Hykeham Road, Lincoln, Lincolnshire, LN6 8BW	£345,000	£340,000	-£5,000	07 Jul 2023	19 Apr 2024	287 Days
16 Locking Close, Lincoln, Lincolnshire, LN6 3NZ	£115,000	£113,000	-£2,000	25 Oct 2023	12 Apr 2024	170 Days
21 Sycamore Crescent, Lincoln, Lincolnshire, LN6 0RR	£225,000	£220,000	-£5,000	10 Jul 2023	12 Apr 2024	277 Days
120 Boultham Park Road, Lincoln, Lincolnshire, LN6 7TQ	£210,000	£205,000	-£5,000	13 Sep 2023	12 Apr 2024	212 Days
46 Birchwood Avenue, Lincoln, Lincolnshire, LN6 0JB	£199,950	£192,000	-£7,950	03 Oct 2023	12 Apr 2024	192 Days
35 Arden Moor Way, North Hykeham, Lincoln, Lincolnshire, LN6 9PP	£340,000	£325,000	-£15,000	21 Jun 2023	10 Apr 2024	294 Days
23 Lydd Close, Lincoln, Lincolnshire, LN6 0NZ	£215,000	£205,000	-£10,000	15 Sep 2023	08 Apr 2024	206 Days
24 Anderby Close, Lincoln, Lincolnshire, LN6 0BN	£105,000	£105,000	£00	20 Jan 2024	28 Mar 2024	68 Days

Most Expensive Streets in LN6 (Lincoln)

Postcode	Street	Area	Average	No. of Sales
LN6 9GU	Brindley Close, Thorpe On The Hill	Lincoln	£649,411	17
LN6 9FF	Leys Close, North Hykeham	Lincoln	£511,750	4
LN6 9BF	West Field Lane, Thorpe On The Hill	Lincoln	£510,750	10
LN6 9BS	Station Road, Thorpe On The Hill	Lincoln	£504,900	5
LN6 9GL	Sykes Close, Thorpe On The Hill	Lincoln	£494,375	4
LN6 7AJ	Foxes Lane	Lincoln	£493,333	3
LN6 9ZW	Hopkinson Close, North Scarle	Lincoln	£490,103	5
LN6 9LY	Station Road, Swinderby	Lincoln	£485,000	3
LN6 9QD	Pendred Avenue, Witham St Hughs	Lincoln	£464,000	3
LN6 4RX	Kennel Lane, Doddington	Lincoln	£461,666	3

Least Expensive Streets in LN6 (Lincoln)

Postcode	Street	Area	Average	No. of Sales
LN6 0LS	Woodfield Close	Lincoln	£71,000	3
LN6 0LR	Woodfield Avenue	Lincoln	£74,444	9
LN6 0BN	Anderby Close	Lincoln	£84,622	9
LN6 0QT	St Claires Court	Lincoln	£99,392	14
LN6 9ZS	Forge Way, North Hykeham	Lincoln	£105,288	13
LN6 3YU	Strubby Close	Lincoln	£105,428	7
LN6 7PX	Rookery Lane	Lincoln	£105,841	3
LN6 0PT	Dellfield Avenue	Lincoln	£106,650	3
LN6 0PS	Wheatfield Road	Lincoln	£106,833	3
LN6 0TH	Ferguson House, Stones Lane	Lincoln	£107,250	4