House prices in LN5 (Lincoln)

Price per square metre data and charts to help you understand the housing market in LN5 - stats were last calculated on 22 September 2026.

Defining 'LN5'

This analysis is limited to properties whose postcode starts with "LN5", this is also called the postcode district. There are no official postcode district names so I've just labelled it LN5, Lincoln. It is shown in red on the map below.

Want to change geography?

You can click on the map above to change to a neighbouring district, or you can use the search form below.

Price per square metre

Knowing the average house price in LN5 is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

For example in July 2026, 58, Chapel Lane, Lincoln, LN5 0ER sold for £425,000. Given the internal area of 112 square metres recorded on the EPC, the price per sqm is £425,000 ÷ 112 sqm = £3,794.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-). You can change your prefered units from square meters to square feet for all the graphs and charts on LN5 and elsewhere. Just visit the My Account page and look for the m2 to ft2 toggle switch. Alternatively just multiply everything by 10, move a decimal place to go from sqm to sqft and you'll be close enough as 1 sqm = 10.76391 sqft.

Distribution of £ per sqm for houses vs flats in LN5

The chart above is called a histogram, it helps you see the distribution of house price per sqm in LN5 To make this chart we put all the sales data into a series of £ per sqm 'buckets' (e.g. £2,357 to £2,497, £2,497 to £2,636, £2,636 to £2,776 etc...) we then count the number of sales with within in each bucket and plot the results. The histogram is based on 1,043 sales that took place in LN5, in the last 24 months.

Generate a custom histogram like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in LN5, Lincoln. Notably, only 25% of properties that sold recently were valued at more than £2,890 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of LN5 homes.

Box plot of £ per sqm for LN5

Tip: click on the chart to see the values.

The chart above is called a boxplot (or a box-and-whisker plot). Box plots, like histograms, are used to graphically represent the distribution of data, showing the central tendency, spread of the distribution. In the context of £ per square metre property price distributions, box plots represent the variation in property prices within a geographic area e.g. Lincoln. The chart above shows a boxplot for 'LN5' as well as the 'LN' postcode area.

  • Median: The horizontal line inside the box represents the median (£ per square meter). This is the midpoint of the data, meaning 50% of the prices are below this value, and 50% are above. The middle price per square metre in 'LN5' is £2,330.
  • Interquartile Range (IQR): The box spans from the 25th percentile (Q1) to the 75th percentile (Q3). This is the range where the middle 50% of the data lies, giving a good indication of the typical price spread. Of the 1,043 transactions in LN5, Lincoln half were sold for between £1,740 and £2,890 per square metre.
  • Whiskers: In our case, the whiskers extend from the 9th percentile (at the lower end) to the 91st percentile (at the upper end), This provides a slightly broader view of the distribution by including the middle 82% of records. The whiskers capture most of the variation but exclude extreme outliers caused by data errors in recording sold house prices or internal area.
  • 'n=' is the number of property transactions the box plot is based on; 1,043 for LN5, Lincoln.

    • Property price map for Lincoln

    Have a look at the interactive price map I created for myself. Use it to explore house prices in 'Lincoln' all the way down to individual property plots.

    House price heatmap showing property values across Lincoln 🔍 Explore map ›

    Will LN5 house prices drop in 2025?

    House prices in LN5 grew 2.6% in the last year, -0.6% after inflation. Whether or not this trend will continue depends on many factors, such as wage growth, net migration, interest rates and the level of house building. No one can predict these things with certainty however we can plot the historic trends in house prices in LN5 (Lincoln) compared with the wider postcode area 'LN'.You can extrapolate from this based on your own views.

    House price index for LN5

    Tip: click on the legend items to show/hide different lines

    Download house price index as CSV (premium users only).

    The chart above shows changes in 'LN5' property prices over the last 20 years. The index is calculated from the average price paid per sqm for property in LN5 and is set to 100 in 2004. The chart compares trends for LN5, Lincoln against those of the broader postcode area 'LN'. What is more interesting is to look at the difference between flats and houses, even those in the same area follow a very different trend, to get a robust enough sample size to see this we need to zoom out and look at house price trends for the entire Lincoln local authority.

    The dashed lines show nominal house price changes, the solid lines show the same data adjusted for inflation. Economists call this the 'real' price change. You have to take inflation into account when comparing prices over time. It's calculated using the formula:

    Real Rate of Return = (1 + Nominal Rate) ÷ (1 + Inflation Rate) – 1
    In this formula, the nominal rate is the rate of change before any adjustments, and the inflation rate is taken from the Consumer Price Index. The real rate of return is a more accurate measure of change in value, because £1 today does not have the same buying power as £1 in the past. For example, if a savings account pays an interest rate of 3% per year and the inflation rate is 5% per year, the real rate of return is -2%. This means that the investment's value is shrinking by 2% each year.

    Historic returns for LN5
    LN area LN5 district
    Nominal Real Nominal Real
    20 yr per annum 2.4% -0.4% 2.4% -0.4%
    20 yr total 61.7% -7.2% 59.4% -8.5%
    10 yr per annum 3.3% -0.1% 2.9% -0.5%
    10 yr total 38.5% -0.8% 33.3% -4.5%
    5 yr per annum 1.9% -2.9% 0.9% -3.8%
    5 yr total 10.1% -13.7% 4.8% -17.8%
    1 yr per annum 0.6% -2.5% 2.6% -0.6%
    1 yr total 0.6% -2.5% 2.6% -0.6%

    This table complements the house price index chart above, presenting the data in a more detailed format. It breaks down the information into 20-year, 10-year, 5-year, and 1-year periods, further categorized by property type. For each period, we display both a per annum rate of change and a total rate of change.

    The total rate of change represents the overall change over the entire period. The formula for total return is:

    Total return = (Index at end of period ÷ Index at start of period) - 1

    The per annum rate of change is the annualized rate of change over the period. This is equivalent to the annual bank savings rate you would need to achieve the same total return over the given period. This annualized return is also known as the Compound Annual Growth Rate (CAGR). The formula for CAGR is:

    CAGR = (1 + Total return) ^ (1 ÷ Number of years) - 1

    Some specific examples:

    • Over the past 20 years, LN area have seen a -0.4% annual change when adjusted for inflation. This translates to a total change of -7.2% in real terms.
    • Over the past 5 years, LN5 district have seen a -3.8% annual change when adjusted for inflation. This translates to a total change of -17.8% in real terms.

    Most recent LN5 sales

    For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

    Tip: hover over dots to see details

    Snakes & Ladders

    See the recent winners & losers in the LN5 property market. This is not deep analysis - it is a nosy, tabloid-style peek at the local property market.

    Explore LN5 winners & losers
    Listing photo for The Leemings School Lane
    Snake
    The Leemings School Lane
    LN5 0RJ
    -4.6%
    annualised change
    Listing photo for 51 Grantham Road
    Ladder
    51 Grantham Road
    LN5 9LS
    +22.4%
    annualised change

    Street level data

    Street Avg size Avg £sqm Recent sales
    Brant Road, , LN5 9A 106 sqm £2,592 24
    St Catherines Grove, , LN5 8N 89 sqm £2,003 21
    Top Farm Avenue, , LN5 0F 106 sqm £3,020 19
    Fairfax Street, , LN5 8N 63 sqm £2,044 17
    Fleetwood Road, , LN5 9Z 108 sqm £2,551 16
    Foster Street, , LN5 7Q 87 sqm £1,823 16
    Maple Street, , LN5 8Q 78 sqm £1,744 16
    Headland Way, , LN5 0T 92 sqm £3,577 15

    Search for your street here.

    LN5's constituents

    The analysis on this page encompasses the entirety of LN5. If you want more granular analysis on different parts of LN5, use these links.

    Postcode sector Lower quartile Median Upper quartile Sales in last 2yr
    LN5 0 Navenby £2,560 sqm £2,990 sqm £3,450 sqm 173
    LN5 7 Lincoln £1,360 sqm £1,600 sqm £1,880 sqm 208
    LN5 8 Lincoln £1,640 sqm £1,960 sqm £2,500 sqm 302
    LN5 9 Waddington £2,360 sqm £2,730 sqm £3,000 sqm 360

    Nearby geographies

    The table below shows how 'LN5' compares to the other postcode districts nearby 'LN5'.

    District Lower quartile Median Upper quartile Sales in last 2yr
    NG34 Sleaford £2,140 sqm £2,500 sqm £2,860 sqm 1,382
    NG32 Ancaster £2,450 sqm £2,840 sqm £3,250 sqm 303
    NG24 Newark £2,010 sqm £2,440 sqm £2,860 sqm 1,789
    NG23 Collingham £2,490 sqm £2,870 sqm £3,260 sqm 518
    LN9 Horncastle £1,870 sqm £2,350 sqm £2,750 sqm 398
    LN8 Wragby £1,930 sqm £2,400 sqm £2,820 sqm 624
    LN7 Caistor £2,030 sqm £2,220 sqm £2,590 sqm 190
    LN6 North Hykeham £2,290 sqm £2,690 sqm £3,010 sqm 1,918
    LN5 Lincoln £1,740 sqm £2,330 sqm £2,890 sqm 1,043
    LN4 Bracebridge Heath £2,220 sqm £2,610 sqm £2,980 sqm 1,151

    Raw data

    Our analysis of LN5 is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

    Address Paid sqm £/sqm
    58, Chapel Lane, £425,000
    Jul-2026
    		 112 3,794
    105, Ripon St, £100,000
    Jul-2026
    		 58 1,724
    5, Blacksmith Row, £253,000
    Jul-2026
    		 76 3,328

    See the entire list of all sales in LN5 here.

    About

    I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.