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Nettleham House Prices Nettleham House Prices

The average house price in Nettleham is £330,000 using HM Land Registry data.

The average property price increased by £113,762 (41.78%) over the last 5 years and increased by £22,737 (6.26%) over the last 12 months.

Over the last year, there were 27 residential property sales – a decrease of 49 transactions (-181.48%) relative to the previous year. The majority of house sales (8) were in the £246,000 - £304,000 range. Then came properties in the £304,000 - £362,000 range, where 6 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 56 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,195 (-3%).

In April 2024, there were 7 new estate agency instructions, 7 agreed home sales and 6 property price reductions.

Postcodes Covered: LN2

5-Year Average Property Prices in Nettleham

41.78%

Property prices in Nettleham increased by 41.78% 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 Nettleham Over the Last Year

6.26%

Property prices in Nettleham increased by 6.26% 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 Nettleham - April 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 Nettleham

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 Nettleham

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 Nettleham

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 Nettleham since 1995

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

Recent Property Sales in Nettleham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 East Street, Nettleham, Lincoln, Lincolnshire, LN2 2SL£499,950£425,000-£74,95007 Jul 202227 Feb 2024600 Days
6 Dalderby Crescent, Nettleham, Lincoln, Lincolnshire, LN2 2QB£299,950£285,000-£14,95009 Aug 202309 Feb 2024184 Days
25 Highfields, Nettleham, Lincoln, Lincolnshire, LN2 2ST£325,000£325,000£0004 Sep 202306 Feb 2024155 Days
26 Ridgeway, Nettleham, Lincoln, Lincolnshire, LN2 2TL£360,000£360,000£0022 Sep 202318 Dec 202387 Days
4 Cherry Tree Lane, Nettleham, Lincoln, Lincolnshire, LN2 2PR£350,000£300,000-£50,00028 Jun 202318 Dec 2023173 Days
2 Herrington Avenue, Nettleham, Lincoln, Lincolnshire, LN2 2XU£220,000£205,000-£15,00031 May 202330 Nov 2023183 Days
9 Jubilee Court, Nettleham, Lincoln, Lincolnshire, LN2 2FH£92,500£92,500£0009 Jun 202322 Nov 2023166 Days
Lodge Farm House, Lodge Lane, Nettleham, Lincoln, Lincolnshire, LN2 2RS£750,000£720,000-£30,00007 Jul 202313 Nov 2023129 Days
16 Washdyke Lane, Nettleham, Lincoln, Lincolnshire, LN2 2PY£350,000£335,000-£15,00001 Jul 202330 Oct 2023121 Days
3 Aima Court, Nettleham, Lincoln, Lincolnshire, LN2 2XW£210,000£200,000-£10,00030 May 202329 Sep 2023122 Days
10 East Street, Nettleham, Lincoln, Lincolnshire, LN2 2SL£250,000£250,000£0026 Apr 202319 Sep 2023146 Days
38 High Street, Nettleham, Lincoln, Lincolnshire, LN2 2PL£225,000£205,000-£20,00010 Jun 202223 Mar 2023286 Days
21 The Crescent, Nettleham, Lincoln, Lincolnshire, LN2 2SW£268,000£250,000-£18,00005 Sep 202209 Mar 2023185 Days
6 Sudbrooke Lane, Nettleham, Lincoln, Lincolnshire, LN2 2RN£300,000£260,000-£40,00023 Dec 202203 Mar 202370 Days
1 Jubilee Court, Nettleham, Lincoln, Lincolnshire, LN2 2FH£135,750£135,750£0006 Sep 202210 Feb 2023157 Days
8 Herrington Avenue, Nettleham, Lincoln, Lincolnshire, LN2 2XU£280,000£268,000-£12,00019 May 202208 Feb 2023265 Days
2 Manor Court, Nettleham, Lincoln, Lincolnshire, LN2 2XQ£425,000£400,000-£25,00004 Aug 202203 Feb 2023183 Days
4 Greenfields, Nettleham, Lincoln, Lincolnshire, LN2 2RT£325,000£305,000-£20,00008 Nov 202203 Feb 202387 Days
16 Brookfield Avenue, Nettleham, Lincoln, Lincolnshire, LN2 2TB£370,000£362,500-£7,50006 Dec 202203 Feb 202359 Days
25 Willowfield Avenue, Nettleham, Lincoln, Lincolnshire, LN2 2TH£340,000£340,000£0026 Aug 202227 Jan 2023154 Days

Most Expensive Streets in Nettleham

PostcodeStreetAreaAverageNo. of Sales
LN2 2GSCrickets DriveNettleham£602,00011
LN2 2NRThe GreenNettleham£411,2703
LN2 2PNGreetwell LaneNettleham£407,4916
LN2 2RWSudbrooke LaneNettleham£394,3754
LN2 2QAKingswayNettleham£393,6005
LN2 2ZDMulsanne WayNettleham£386,54214
LN2 2PYWashdyke LaneNettleham£377,7147
LN2 2RXField CloseNettleham£373,3333
LN2 2FUTrott ViewNettleham£370,9985
LN2 2SLEast StreetNettleham£366,6663

Least Expensive Streets in Nettleham

PostcodeStreetAreaAverageNo. of Sales
LN2 2FHJubilee CourtNettleham£104,4163
LN2 2XWAima CourtNettleham£169,0005
LN2 2TXScothern RoadNettleham£197,0003
LN2 2TUScothern RoadNettleham£208,0003
LN2 2SROrchard WayNettleham£240,7818
LN2 2XUHerrington AvenueNettleham£247,0004
LN2 2GBLarch AvenueNettleham£256,7005
LN2 2SDWestwayNettleham£264,3624
LN2 2STHighfieldsNettleham£265,8166
LN2 2FSParker WayNettleham£277,90611

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