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Saxilby House Prices Saxilby House Prices

The average house price in Saxilby is £415,000 using HM Land Registry data.

The average property price increased by £140,170 (71.97%) over the last 5 years and increased by £28,015 (9.13%) over the last 12 months.

Over the last year, there were 57 residential property sales – a decrease of 61 transactions (-107.02%) relative to the previous year. The majority of house sales (16) were in the £198,000 - £256,000 range. Then came properties in the £256,000 - £314,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 111 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,820 (-3%).

In April 2024, there were 6 new estate agency instructions, 9 agreed home sales and 16 property price reductions.

Postcodes Covered: LN1

5-Year Average Property Prices in Saxilby

71.97%

Property prices in Saxilby increased by 71.97% 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 Saxilby Over the Last Year

9.13%

Property prices in Saxilby increased by 9.13% 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 Saxilby - 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 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 Saxilby

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 Saxilby

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 Saxilby

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 Saxilby since 1995

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

Recent Property Sales in Saxilby

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
92 Field Avenue, Saxilby, Lincoln, Lincolnshire, LN1 2SR£220,000£220,000£0010 Aug 202318 Dec 2023130 Days
6 Oakfield, Saxilby, Lincoln, Lincolnshire, LN1 2QW£289,950£275,000-£14,95027 Jul 202324 Nov 2023120 Days
6 Rooks Close, Saxilby, Lincoln, Lincolnshire, LN1 2RA£105,000£105,000£0020 Jul 202309 Nov 2023112 Days
3 Nursery Close, Saxilby, Lincoln, Lincolnshire, LN1 2JD£295,000£292,500-£2,50031 Aug 202331 Oct 202361 Days
32 Highfield Road, Saxilby, Lincoln, Lincolnshire, LN1 2QP£345,000£338,000-£7,00018 May 202321 Sep 2023126 Days
4a, Dennis Brown Court, Saxilby, Lincoln, Lincolnshire, LN1 2QZ£410,000£400,000-£10,00018 May 202319 Sep 2023124 Days
1 Ballerini Way, Saxilby, Lincoln, Lincolnshire, LN1 2QY£410,000£400,000-£10,00007 Jun 202313 Sep 202398 Days
61 Field Avenue, Saxilby, Lincoln, Lincolnshire, LN1 2SR£400,000£390,000-£10,00006 Apr 202311 Sep 2023158 Days
4 Horton Place, Saxilby, Lincoln, Lincolnshire, LN1 2GW£440,000£425,000-£15,00018 Apr 202330 Aug 2023134 Days
6 Orchard Lane, Saxilby, Lincoln, Lincolnshire, LN1 2HT£325,000£325,000£0022 Apr 202325 Aug 2023125 Days
66 Manor Road, Saxilby, Lincoln, Lincolnshire, LN1 2HP£270,000£270,000£0016 Feb 202325 Aug 2023190 Days
2 Eastcroft, Saxilby, Lincoln, Lincolnshire, LN1 2TX£255,000£245,000-£10,00009 Jun 202325 Aug 202377 Days
56 Oakfield, Saxilby, Lincoln, Lincolnshire, LN1 2QW£285,000£285,000£0003 Apr 202309 Aug 2023128 Days
27 Manor Road, Saxilby, Lincoln, Lincolnshire, LN1 2HX£250,000£235,000-£15,00003 Feb 202309 Aug 2023187 Days
Rosemary House, Mays Lane, Saxilby, Lincoln, Lincolnshire, LN1 2QE£495,950£495,950£0006 Apr 202303 Aug 2023119 Days
67 Mill Lane, Saxilby, Lincoln, Lincolnshire, LN1 2HN£305,000£300,000-£5,00022 Apr 202302 Aug 2023102 Days
9 Torksey Avenue, Saxilby, Lincoln, Lincolnshire, LN1 2HY£240,000£225,000-£15,00006 Feb 202331 Jul 2023175 Days
28 Manor Road, Saxilby, Lincoln, Lincolnshire, LN1 2HP£280,000£272,000-£8,00008 Oct 202228 Jul 2023293 Days
24 Thonock Drive, Saxilby, Lincoln, Lincolnshire, LN1 2JE£190,000£180,000-£10,00014 Apr 202327 Jul 2023104 Days
71 Mill Lane, Saxilby, Lincoln, Lincolnshire, LN1 2HN£250,000£220,000-£30,00007 Jan 202306 Jul 2023180 Days

Most Expensive Streets in Saxilby

PostcodeStreetAreaAverageNo. of Sales
LN1 2HJChurch RoadSaxilby£446,6586
LN1 2JBRosehill CloseSaxilby£414,2504
LN1 2WLMacphail CrescentSaxilby£402,5003
LN1 2QZDennis Brown CourtSaxilby£402,3333
LN1 2QYBallerini WaySaxilby£377,5004
LN1 2NPAshfield GrangeSaxilby£354,5003
LN1 2ZNParman CourtSaxilby£352,4833
LN1 2RXSt Botolphs GateSaxilby£339,4356
LN1 2WBHughes Ford WaySaxilby£337,3333
LN1 2WUHardwick CloseSaxilby£330,6663

Least Expensive Streets in Saxilby

PostcodeStreetAreaAverageNo. of Sales
LN1 2RARooks CloseSaxilby£97,2005
LN1 2SJFallow CroftSaxilby£116,7505
LN1 2PFRailway CourtSaxilby£121,6663
LN1 2GXMeadow WalkSaxilby£126,88422
LN1 2PZBridge StreetSaxilby£142,1505
LN1 2QABridge PlaceSaxilby£150,0003
LN1 2WADaubeney AvenueSaxilby£151,0003
LN1 2TQRiverside MewsSaxilby£154,3163
LN1 2PXThe SidingsSaxilby£154,6254
LN1 2FRLingfield CloseSaxilby£169,31212

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