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House Prices in LN2

The average house price in LN2 (Lincoln) is £266,657 using HM Land Registry data.

The average property price increased by £25,431 (33.09%) over the last 5 years and increased by £5,095 (4.76%) over the last 12 months.

Over the last year, there were 437 residential property sales – a decrease of 165 transactions (-37.76%) relative to the previous year. The majority of house sales (99) were in the £174,000 - £238,000 range. Then came properties in the £110,000 - £174,000 range, where 93 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 201 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,250 (-3%).

In February 2025, there were 124 new estate agency instructions, 71 agreed home sales and 69 property price reductions.

5-Year Average Property Prices in LN2 (Lincoln)

33.09%

Property prices in LN2 (Lincoln) increased by 33.09% 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 LN2 (Lincoln) Over the Last Year

4.76%

Property prices in LN2 (Lincoln) increased by 4.76% 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 LN2 (Lincoln) - February 2025

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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 LN2 (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 LN2 (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 LN2 (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 LN2 (Lincoln) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LN2 postcode area since 1995.

Recent Sales in LN2 (Lincoln)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
15 Hazel Grove, Welton, Lincoln, Lincolnshire, LN2 3JZ	£210,000	£205,000	-£5,000	16 Oct 2024	24 Jan 2025	100 Days
27 Willowfield Avenue, Nettleham, Lincoln, Lincolnshire, LN2 2TH	£330,000	£315,000	-£15,000	28 Jun 2024	23 Jan 2025	209 Days
7 Hawthorn Chase, Lincoln, Lincolnshire, LN2 4RF	£125,000	£119,000	-£6,000	05 Aug 2024	21 Jan 2025	169 Days
26 Kent Street, Lincoln, Lincolnshire, LN2 5NR	£125,000	£120,000	-£5,000	02 Jul 2024	16 Jan 2025	198 Days
38 Montaigne Crescent, Lincoln, Lincolnshire, LN2 4QN	£215,000	£210,000	-£5,000	04 Sep 2024	19 Dec 2024	106 Days
37 Beckhall, Welton, Lincoln, Lincolnshire, LN2 3LJ	£465,000	£455,000	-£10,000	15 Aug 2024	18 Dec 2024	125 Days
Eastwood Coach House, Greetwell Road, Lincoln, Lincolnshire, LN2 4AQ	£600,000	£600,000	£0	12 Sep 2023	18 Dec 2024	463 Days
4 Heath Road, Nettleham, Lincoln, Lincolnshire, LN2 2XZ	£259,950	£257,500	-£2,450	21 Aug 2024	18 Dec 2024	119 Days
1 Bathurst Street, Lincoln, Lincolnshire, LN2 5PX	£210,000	£190,000	-£20,000	18 Apr 2024	17 Dec 2024	243 Days
21 Spring Court, Welton, Lincoln, Lincolnshire, LN2 3TF	£340,000	£330,000	-£10,000	08 Aug 2024	16 Dec 2024	130 Days
8 Pelham Close, Sudbrooke, Lincoln, Lincolnshire, LN2 2SQ	£325,000	£315,000	-£10,000	09 Aug 2024	13 Dec 2024	126 Days
6 St Chads Court, Dunholme, Lincoln, Lincolnshire, LN2 3UN	£325,000	£310,000	-£15,000	28 May 2024	13 Dec 2024	199 Days
58 Arboretum Avenue, Lincoln, Lincolnshire, LN2 5JE	£215,000	£215,000	£0	17 Jul 2024	06 Dec 2024	142 Days
6 Thoresway Drive, Lincoln, Lincolnshire, LN2 2DA	£180,000	£168,000	-£12,000	15 Jul 2024	06 Dec 2024	144 Days
26 Willowfield Avenue, Nettleham, Lincoln, Lincolnshire, LN2 2TH	£265,000	£253,000	-£12,000	09 Sep 2024	03 Dec 2024	85 Days
22 Kirkstall Close, Lincoln, Lincolnshire, LN2 4GN	£119,950	£115,000	-£4,950	02 Sep 2024	29 Nov 2024	88 Days
13 Montaigne Close, Lincoln, Lincolnshire, LN2 4RS	£152,500	£145,000	-£7,500	04 Oct 2024	29 Nov 2024	56 Days
62 Hillside Avenue, Lincoln, Lincolnshire, LN2 5PT	£215,000	£207,000	-£8,000	25 Apr 2024	29 Nov 2024	218 Days
1 Belmont Street, Lincoln, Lincolnshire, LN2 5LS	£122,500	£120,000	-£2,500	26 Jul 2024	29 Nov 2024	126 Days
3 Burns Gardens, Lincoln, Lincolnshire, LN2 4LJ	£165,000	£165,000	£0	01 Aug 2024	29 Nov 2024	120 Days

Most Expensive Streets in LN2 (Lincoln)

Postcode	Street	Area	Average	No. of Sales
LN2 1RG	The Grove	Lincoln	£1,008,750	4
LN2 2GA	Poachers Lane, Sudbrooke	Lincoln	£949,987	4
LN2 2YX	Saxon Fields, Scothern	Lincoln	£718,928	7
LN2 1RH	Nettleham Road	Lincoln	£709,700	5
LN2 2GJ	Ash Grove, Sudbrooke	Lincoln	£634,271	7
LN2 4BJ	Lee Road	Lincoln	£625,000	3
LN2 2GS	Crickets Drive, Nettleham	Lincoln	£594,097	20
LN2 3ND	Eastfield Lane, Welton	Lincoln	£572,850	5
LN2 2FZ	Thorne Lane, Scothern	Lincoln	£535,285	7
LN2 2QT	Scothern Lane, Sudbrooke	Lincoln	£512,222	9

Least Expensive Streets in LN2 (Lincoln)

Postcode	Street	Area	Average	No. of Sales
LN2 4DU	Howe Court	Lincoln	£84,500	4
LN2 2GF	Cathedral View Court	Lincoln	£87,077	18
LN2 4GQ	Warren Court	Lincoln	£90,000	3
LN2 5EP	Ashfield Street	Lincoln	£95,800	5
LN2 4FW	Putnam Drive	Lincoln	£96,166	6
LN2 4FQ	Pigot Way	Lincoln	£96,583	6
LN2 5ND	Bernard Street	Lincoln	£100,825	6
LN2 5BE	Montague Terrace	Lincoln	£102,333	3
LN2 4GP	Stark Way	Lincoln	£102,750	10
LN2 5BH	John Street	Lincoln	£103,333	6