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Lincoln House Prices

The average house price in Lincoln is £202,634 using HM Land Registry data.

The average property price increased by £39,353 (22.24%) over the last 5 years and increased by £7,867 (3.77%) over the last 12 months.

Over the last year, there were 911 residential property sales – a decrease of 571 transactions (-62.68%) relative to the previous year. The majority of house sales (212) were in the £150,000 - £190,000 range. Then came properties in the £110,000 - £150,000 range, where 202 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,448 (-2%).

In June 2024, there were 192 new estate agency instructions, 146 agreed home sales and 143 property price reductions.

5-Year Average Property Prices in Lincoln

22.24%

Property prices in Lincoln increased by 22.24% 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 Lincoln Over the Last Year

3.77%

Property prices in Lincoln increased by 3.77% 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 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 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 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 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 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 Lincoln since 1995

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

Recent Property Sales in Lincoln

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
139 Hawthorn Chase, Lincoln, Lincolnshire, LN2 4RF	£275,000	£200,000	-£75,000	01 Dec 2023	28 May 2024	179 Days
9 Montaigne Garden, Lincoln, Lincolnshire, LN2 4RL	£254,500	£250,000	-£4,500	10 Jan 2024	13 May 2024	124 Days
101 Yarborough Crescent, Lincoln, Lincolnshire, LN1 3NE	£480,000	£465,000	-£15,000	25 Jan 2024	08 May 2024	104 Days
28 Byron Avenue, Lincoln, Lincolnshire, LN2 4DX	£275,000	£270,000	-£5,000	19 Jan 2024	08 May 2024	110 Days
19 Ash Close, Lincoln, Lincolnshire, LN6 0RU	£175,000	£170,000	-£5,000	11 Jan 2024	03 May 2024	113 Days
5 Snaith Close, Lincoln, Lincolnshire, LN6 0SR	£300,000	£290,000	-£10,000	12 Jan 2024	30 Apr 2024	109 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
40 Long Leys Road, Lincoln, Lincolnshire, LN1 1DP	£385,000	£368,000	-£17,000	03 Oct 2023	17 Apr 2024	197 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
27 Kingsway, Lincoln, Lincolnshire, LN5 8EU	£150,000	£146,000	-£4,000	23 Sep 2023	12 Apr 2024	202 Days
67 Larne Road, Lincoln, Lincolnshire, LN5 9TP	£149,950	£140,000	-£9,950	01 Nov 2023	11 Apr 2024	162 Days
23 Lydd Close, Lincoln, Lincolnshire, LN6 0NZ	£215,000	£205,000	-£10,000	15 Sep 2023	08 Apr 2024	206 Days
89 Addison Drive, Lincoln, Lincolnshire, LN2 4LY	£170,000	£170,000	£00	26 Dec 2023	05 Apr 2024	101 Days
10 Gaunt Street, Lincoln, Lincolnshire, LN5 7PT	£140,000	£138,000	-£2,000	03 Jan 2024	03 Apr 2024	91 Days
13 Linton Street, Lincoln, Lincolnshire, LN5 7UN	£140,000	£137,000	-£3,000	21 Jun 2023	03 Apr 2024	287 Days
1 Webb Street, Lincoln, Lincolnshire, LN5 8DL	£162,500	£159,694	-£2,806	04 Jan 2024	02 Apr 2024	89 Days

Most Expensive Streets in Lincoln

Postcode	Street	Area	Average	No. of Sales
LN2 1RG	The Grove	Lincoln	£1,008,750	4
LN1 3BS	Bailgate Court	Wordsworth Street, Lincoln	£729,416	12
LN2 1RH	Nettleham Road	Lincoln	£708,333	3
LN2 4AQ	Greetwell Road	Lincoln	£650,000	3
LN1 3SN	Riseholme Road	Lincoln	£548,333	3
LN1 1JP	The Heights	Carline Road	£543,125	4
LN1 3BN	Drury Lane	Lincoln	£534,555	9
LN2 4AN	Curle Avenue	Lincoln	£506,333	3
LN1 3EX	The Colosseum	Lincoln	£494,700	3
LN6 7AJ	Foxes Lane	Lincoln	£493,333	3

Least Expensive Streets in Lincoln

Postcode	Street	Area	Average	No. of Sales
LN6 0LS	Woodfield Close	Lincoln	£71,000	3
LN6 0LR	Woodfield Avenue	Lincoln	£74,444	9
LN2 4DU	Howe Court	Lincoln	£81,333	3
LN2 4GQ	Warren Court	Lincoln	£84,333	3
LN6 0BN	Anderby Close	Lincoln	£84,622	9
LN2 2GF	Cathedral View Court	Lincoln	£85,070	27
LN5 8LA	Knight Terrace	Lincoln	£87,166	3
LN2 5NR	Kent Street	Lincoln	£88,333	3
LN5 7LL	Chelmsford Street	Lincoln	£90,166	3
LN5 8QW	Albany Terrace	Lincoln	£92,100	6