How Do House Prices Vary Across Lincoln?
The data might not be glamorous, but it’s the kind that helps make real decisions. Lincoln’s pricing trends speak quietly, but clearly.
Our page on House Prices in Lincoln breaks down the key shifts, making it easier to see what’s really happening across the market.
House Prices > Lincoln
Year-on-Year House Prices in Lincoln (2018 to 2025)
We’ve outlined average annual price changes for Lincoln homes from 2018 up to 2025.
| Year | Average Price | Transactions |
|---|---|---|
| 2025 (proj.) | £248,000 | 4,159 |
| 2024 | £240,300 | 2,818 |
| 2023 | £242,900 | 3,360 |
| 2022 | £252,900 | 4,639 |
| 2021 | £241,200 | 5,600 |
| 2020 | £226,100 | 3,718 |
| 2019 | £205,300 | 4,471 |
| 2018 | £200,100 | 4,509 |
Property Prices Year on Year in Lincoln
What does it mean when Lincoln’s bricks and mortar swing in value, even as the cathedral stands, unyielding, above it all? The yearly dance of property prices and transactions here is anything but predictable, mirroring the River Witham’s own meandering current. As we reflect on the numbers, we see more than pounds and percentage changes. We glimpse the hopes, nerves and ambitions of thousands, stitched into these ancient streets.
- This city’s property market has displayed both resilience and restlessness in recent years. From the gentle incline of average prices leading up to 2022, to the soft settling in 2023 and 2024, it’s difficult not to compare it to a winding stroll up Steep Hill – every sunny interval interrupted by a sudden cloud or gust of wind.
- Transaction volumes have swayed more dramatically than the price tags themselves. The surge in deals struck during 2021 is a particular outlier – perhaps a reflection of pandemic-driven urgency or pent-up demand rushing through the city like fans after a Lincoln City goal at Sincil Bank.
- We know many residents watch, wait and worry during such periods of volatility. If you are buying or selling in Lincoln, you might feel as though the ground is shifting beneath your feet, even as the city’s foundation remains as stubborn as ever.
Looking to the future, the projected price uplift in 2025 suggests a steadying hand after two unsettled years, but nothing is written in stone. Economic winds could still whip higher or lower, shaping moods and market moves alike.
- If you’re weighing up your next move, prioritise real, local insight – not just national headlines.
- Explore our complete Breakdown of House Prices in Lincoln for an even more granular perspective neighbourhood by neighbourhood.
So, what’s the core message? Lincoln’s housing market is a capricious beast – alluring to bold buyers, daunting for the hesitant. The future remains unwritten, but opportunity, just like risk, is ever-present.
Lincoln Housing Market by Type of Property
Detached
Avg. Property Price: 327,900
Avg. Size of Property
1,335 sq/ft
Avg. Cost Per Sq/ft
£258 sq/ft
Total transactions
1,905 (since 2021)
Semi-detached
Avg. Property Price: 204,400
Avg. Size of Property
915 sq/ft
Avg. Cost Per Sq/ft
£232 sq/ft
Total transactions
1,896 (since 2021)
Terraces
Avg. Property Price: 160,800
Avg. Size of Property
882 sq/ft
Avg. Cost Per Sq/ft
£188 sq/ft
Total transactions
2,846 (since 2021)
Apartments
Avg. Property Price: 128,600
Avg. Size of Property
676 sq/ft
Avg. Cost Per Sq/ft
£196 sq/ft
Total transactions
215 (since 2021)
Think property prices in Lincoln have sky-rocketed beyond reach? Not quite. The story across detached, semi-detached, terraced homes and flats is much more nuanced than headline figures might suggest. Buyers (and sellers) in Lincoln have choices that are as diverse and vibrant as the city’s historic streets.
Right at the top of the price tree, detached homes in Lincoln command the highest price tags, but there’s no denying the sprawled-out comfort these homes provide. With a generous average size, these properties deliver true space for money, reflected in the lower cost per square foot compared to almost every other option. For buyers with a more flexible budget, detached houses might feel like a breath of fresh Lincolnshire wolds air.
Semi-detached homes seem to be the vanguard of balance in Lincoln. They punch above their weight, packing substantial living areas at prices that, while not the cheapest, combine comfort, garden access and privacy, without climbing to the heights of detached properties. For families and wise up-sizers, this is the city’s real sweet spot. The transaction numbers in this sector show just how consistently sought after these homes remain: steady as the cathedral’s ancient stones.
Terraced homes are a thoroughly Lincolnian staple, peppered throughout the city centre and older districts. These are the workhorses of the market, with the highest number of transactions since 2021. Long dismissed as “starter homes”, terraced houses are now being snapped up by everyone from first-timers to canny investors, attracted by their modest average prices and ultra-competitive cost per sq/ft. Think you need to live out in the sticks for good value? Think again - in Lincoln, the best bargains are often hiding in plain sight.
Take a look at flats, though, and the picture is surprisingly optimistic. Despite making up the smallest slice of Lincoln’s sales pie, flats offer an accessible entry point to city living. Their smaller sizes naturally equate to lower total prices, but at a premium per square foot, reflecting their high demand in locations close to the city’s amenities and universities. For anyone craving low-maintenance, flexible living, they’re a clever option.
Lincoln’s property market doesn’t just plod along - prices have been marching upward in recent years like determined hikers on Steep Hill’s cobbles, yet affordability, variety and opportunity are very much alive. Check out A Full Breakdown of House Prices in Lincoln for even more detailed analysis.
So what can we establish?
- Detached and semi-detached homes give buyers the most space for their money, ideal for those who think long-term.
- Terraced houses remain the unassuming champion for high demand and proven value across the city.
- Flats aren’t to be overlooked - they offer the easiest point of entry for first-timers, students and downsizers alike.
The Lincoln market is more accessible and surprisingly dynamic than old rumours would have you believe. Bricks and mortar dreams are still very much alive here.
Where Are House Prices Rising Most in Lincoln?
| District | Avg Price (£) | Transactions |
|---|---|---|
| LN1 | £239,800 | 4,377 |
| LN2 | £238,100 | 5,629 |
| LN3 | £231,700 | 1,319 |
| LN4 | £241,100 | 5,290 |
| LN5 | £210,800 | 4,875 |
| LN6 | £221,000 | 7,826 |
| NG34 | £239,700 | 1 |
Lincoln’s property market paints a fascinating, quirky picture, with each district carving out its identity in both price and vibrancy. Rather than moving in lock-step, postcode sectors like LN1, LN2, LN3, LN4, LN5, and LN6 all beat to their own drum, echoing neighbourhood character, amenity access, and changing buyer appetite.
LN4 quietly sits at the top of the pecking order for average property price, but the difference across districts feels more like a gentle ripple than a tidal wave. This means no postcode is running away with the Lincoln crown — prices are competitive, and buyers have genuine choice. The outlier, NG34, with only a whisper of transactions, is more a curiosity than a trend, and hard to draw conclusions from such a singular data point.
What’s really eye-catching is the volume of property transactions happening in districts like LN6 and LN2. These two are absolutely buzzing, with more homes changing hands than you’d find on Lincoln High Street during Christmas market season. The robust transaction numbers here highlight strong demand and signal communities with lively turnover. LN5 and LN1, while seeing slightly slimmer sales numbers, still boast plenty of action — enough to keep things interesting for both buyers and sellers alike.
In contrast, LN3 is the most tranquil, with the fewest property sales. Favoured by those seeking a slower pace or perhaps larger plots, it’s a tempting district for buyers who want something a little off the usual track. That said, patchy transaction volume sometimes means prices here can be more unpredictable, moving with the breeze of individual sales.
Pricing, on the whole, clusters tightly together. There are no bonkers outliers distorting Lincoln’s market. That might be less exciting for headline-chasers, but it’s music to the ears of both first-time buyers and seasoned movers searching for realistic, grounded value. Want to get granular? Check out our full breakdown of house prices in Lincoln for more numbers.
What should we remember about Lincoln’s district pricing?
- The priciest spots only edge ahead by a whisker, keeping things competitive
- LN6 and LN2 see the most energetic buying and selling – perfect for those wanting vibrant, well-connected neighbourhoods
- LN3 remains peaceful and a bit more exclusive, ideal for quieter lifestyles
- Across the city, stability prevails – buyers can feel confident they aren’t stepping into a market changing faster than new places opening on Brayford Wharf
If you’re weighing up which district to call home, remember: Lincoln delivers a solid mix of accessibility, opportunity, and adaptability. In short, property prices are keeping pace, but you aren’t facing a mad scramble just to secure your place in the city.
Please keep in mind, these averages show only price points and transaction totals for each district.
They do not include the average size of homes or the average cost per square foot across different districts. Because of that, the trends might not tell the full story. For a clearer and more detailed district breakdown, head over to our blog. Thank you for reading.
Lincoln Property Market Compared to Nearby Locations
| City | Avg Price (£) | Transactions |
|---|---|---|
| Woodhall Spa | £319,300 | 735 |
| Newark | £234,500 | 8,113 |
| Market Rasen | £240,200 | 1,983 |
| Sleaford | £211,800 | 3,658 |
| Gainsborough | £155,800 | 3,836 |
| Horncastle | £226,800 | 1,339 |
| Retford | £214,200 | 3,895 |
| Southwell | £360,200 | 958 |
| Grantham | £221,400 | 6,101 |
| Brigg | £198,100 | 1,350 |
The property scene in Lincoln is a dynamic, ever-shifting landscape, and the contrast with its charming neighbours tells a vivid story. Some areas sparkle with premium price tags, while others keep things refreshingly down-to-earth. It's these differences that continue to shape the dreams of buyers and sellers alike in this part of the East Midlands.
- Woodhall Spa and Southwell stand out as premium picks, with average prices touching the upper end. These villages attract buyers seeking picturesque surroundings, tranquillity, and a stronger sense of exclusivity.
- The likes of Gainsborough and Brigg deliver fantastic affordability, making them a magnet for both first-time buyers and anyone trying to stretch their budget a little further. Value here is palpable, and the savings can be sizeable.
- Market towns such as Newark, Sleaford, and Grantham strike a happy middle ground, offering ongoing activity and steady popularity. These places benefit from rail links, local amenities, and a mix of property types that charm buyers from all walks of life.
There’s a unique energy driving the Lincoln area. Some markets, like Southwell, feel more exclusive and prestigious, with prices reaching for the sky, while others, like Gainsborough, remain accessible, grounded, and warm-spirited. For sellers, quick-moving towns with high transaction numbers can mean less waiting and smoother deals. For buyers, the broader region is like a buffet of options – rich in diversity, charmingly unpredictable, and occasionally more dramatic than a night at the Theatre Royal.
So, whether you’re after grand living or sensible value, Lincoln’s neighbouring towns hold something special. Properties here are less about one-size-fits-all, and more about finding a pocket that sparks joy and matches your own ambitions for the future.
What it all means
- High-priced hotspots: Premium living is found in Woodhall Spa and Southwell.
- Most affordable: Gainsborough and Brigg wave the flag for value.
- Consistently busy: Newark, Grantham, and Sleaford buzz with steady transaction numbers.
- Buyers have the final say: The Lincoln area is wide open, full of surprises, and ready for your signature on the dotted line.
Could your future front door be just around the corner in one of these vibrant Lincolnshire towns?
Please remember, these figures compare only average property prices and the number of transactions recorded.
Trends could appear less clear without adjusting for size or square foot price. For detailed comparisons, head to our blog.
How Lincoln Compares to the Rest
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Data You Can Trust
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