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Nettleham market report LN2, Lincoln
The LN2 (Nettleham) house price history in full, 1995 to 2026, in cash and in today's money. Underneath every chart here sit 23,320 registered sales in LN2 (Lincoln) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Sales data to August 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh. Page updated 19 October 2026.
In short: a typical LN2 (Lincoln) home changed hands for £230,000 in 2026 (median of 278 registered sales, up 2% on five years earlier), with the mean at £253,300, and by floor area homes here have averaged about £2,680 per square metre over the last five years. Source: 23,320 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
LN2 is a postcode district covering Nettleham, St Giles Estates, Welton in Lincoln. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where LN2 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
LN2 sold prices: where the market stands
In the LN2 property market, the 2026 median sale price is £230,000, from 278 registered sales; the mean, the "average house price" most sites quote, is £253,300, sitting somewhat above it, as happens wherever a market carries an expensive tail.
Price per square metre in LN2
Measured by floor area, the last five years of LN2 sales average about £2,680 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
The national median for England and Wales is £285,000, which puts LN2 19% below the country at large.
LN2's median sold price, 1995 to 2026
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £230,000 | £230,000 | 278 |
| 2025 | £250,000 | £255,978 | 768 |
| 2024 | £247,000 | £262,612 | 683 |
| 2023 | £220,000 | £241,726 | 577 |
| 2022 | £245,000 | £287,290 | 862 |
| 2021 | £225,000 | £284,879 | 936 |
| 2020 | £203,600 | £264,175 | 639 |
| 2019 | £195,000 | £255,598 | 713 |
| 2018 | £185,000 | £246,608 | 671 |
| 2017 | £170,000 | £231,863 | 666 |
| 2016 | £159,000 | £222,443 | 709 |
| 2015 | £159,400 | £225,232 | 713 |
| 2014 | £147,100 | £208,687 | 728 |
| 2013 | £140,000 | £201,446 | 615 |
| 2012 | £136,700 | £201,205 | 524 |
| 2011 | £147,000 | £221,913 | 523 |
| 2010 | £148,000 | £232,102 | 480 |
| 2009 | £145,000 | £233,089 | 546 |
| 2008 | £125,000 | £204,901 | 628 |
| 2007 | £136,200 | £231,033 | 1,042 |
| 2006 | £135,000 | £234,343 | 1,026 |
| 2005 | £130,000 | £231,348 | 745 |
| 2004 | £121,200 | £220,123 | 904 |
| 2003 | £100,000 | £184,224 | 893 |
| 2002 | £76,000 | £142,993 | 1,008 |
| 2001 | £64,500 | £123,998 | 1,050 |
| 2000 | £54,400 | £106,760 | 855 |
| 1999 | £54,000 | £107,619 | 852 |
| 1998 | £52,500 | £105,975 | 744 |
| 1997 | £48,800 | £100,079 | 760 |
| 1996 | £48,500 | £102,284 | 606 |
| 1995 | £43,000 | £93,475 | 576 |
In cash terms the typical LN2 home went from £43,000 in 1995 to £230,000 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 146%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 20% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the LN2 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+31.6% on the year before); the weakest, 2023 (−10.2%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of detached houses dominate the record here, 41% of the typed total. A detached home currently trades at £315,000 against £100,600 for a flat, 3.1 times the price.
Median by property type, LN2
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £315,000 | 113 | 9,469 |
| Semi-detached | £205,000 | 81 | 6,176 |
| Terraced | £170,000 | 70 | 6,015 |
| Flats | £100,600 | 14 | 1,660 |
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 year (since 2025) | −8.0% | −10.1% |
| 5 years (since 2021) | +0.4% | −4.2% |
| 6 years (since 2020) | +2.1% | −2.3% |
| 10 years (since 2016) | +3.8% | +0.3% |
| 20 years (since 2006) | +2.7% | −0.1% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
The turnover behind the prices
How many homes change hands
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
Month by month, five years back
Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.
Over the last twelve months of data, 534 sales completed in LN2. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 940 sales a year before the financial crisis and 634 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
What homes rent for around LN2
For renting purposes LN2 sits in Lincoln. The ONS average private rent there is £951 a month (May 2026). A one-bed averages £665 a month here and a four-or-more-bed £1,373, so size does most of the work in setting the rent.
Average monthly rent by size, Lincoln
ONS Price Index of Private Rents, May 2026.
Against the £230,000 median purchase price, a rent of £951 a month (£11,412 a year) works out at a 5.0% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Reading the LN2 market
Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing.
Asked and answered: LN2 (Nettleham)
Are property prices falling in LN2 (Nettleham)?
Is LN2 (Nettleham) a good place to buy a house?
How much did a house sell for in LN2 (Nettleham)?
Are LN2 prices heading up or down?
The record answers a different question than "what happens next": the median is roughly flat over five years in cash but down 19% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
On the market in LN2 today
Everything above is what homes in LN2 sold for. Turning to what is actually available: 124 homes on the market right now, from 7 agents publishing to HomesIndex, at a typical asking price 17% below the LN2 median sold price.
LN2 registered 534 sales in the last twelve months; the 124 homes listed now would take about 3 months to clear at that rate. The count covers agents publishing to HomesIndex, so the real stock is larger.
Of everything listed here, 15% asks less than the sold record of comparable homes. Every listing is measured against recent recorded sales of similar nearby homes.
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every LN2 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
LN2: the homes on offer and the homes that go
Detached homes are 48% of what sold in LN2 over 2024 and 2025 but only 22% of what is listed now: they sell, and there are few to choose from, so a good one is unlikely to hang about.
| Type | Share of homes for sale now | Share of sales, 2024 and 2025 |
|---|---|---|
| Detached | 22% | 48% |
| Semi-detached | 23% | 26% |
| Terraced | 30% | 20% |
| Flats | 26% | 7% |
The listing shares count homes published to HomesIndex by agents today; the sales shares count HM Land Registry registrations. Listings typed only as "house", "bungalow" or similar, which the register would file under one of the four forms, are excluded from the listing side.
The LN2 sales calendar
Take the 3,826 LN2 sales dated 2021 to 2025 and sort them by month: March completions lead with 10.7% of the total, April trails with 5.7%. The gap between the two is wide enough to plan around: completion follows the agreed sale by weeks, so the busiest month for completions points to deals done earlier, and a seller wanting several bidders should list ahead of it.
Sales by month, 2021 to 2025
| Month | Sales | Share |
|---|---|---|
| January | 243 | 6.4% |
| February | 293 | 7.7% |
| March | 411 | 10.7% |
| April | 217 | 5.7% |
| May | 306 | 8.0% |
| June | 364 | 9.5% |
| July | 332 | 8.7% |
| August | 362 | 9.5% |
| September | 376 | 9.8% |
| October | 339 | 8.9% |
| November | 281 | 7.3% |
| December | 302 | 7.9% |
Bedroom by bedroom: LN prices by size
The Land Registry record, split by size: what each kind of home actually sold for across the LN area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | £200,000 | £222,500 (+11%) | £265,000 (+19%) | £340,000 (+28%) | £447,000 (+31%) |
| Semi-detached | £157,500 | £179,000 (+14%) | £210,000 (+17%) | £260,000 (+24%) | £335,000 (+29%) |
| Terraced | £123,000 | £148,000 (+20%) | £165,000 (+11%) | £210,000 (+27%) | £260,500 (+24%) |
| Flat | £97,000 | £120,000 (+24%) | £138,000 (+15%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
LN2 ranks 7 of 13 in the LN area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Five-year change in the median, LN area districts
The districts that gained and lost most in cash terms, each row linking through to its own report.
Inside LN2, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| LN2 1 | £347,500 | 10 |
| LN2 2 | £280,000 | 67 |
| LN2 3 | £260,000 | 63 |
| LN2 4 | £230,000 | 110 |
| LN2 5 | £149,500 | 28 |
How LN2 compares nearby
Same city, different markets. The neighbouring districts of the LN area, dearest first:
| District | Median | 5-year |
|---|---|---|
| LN10 | £308,500 | +0% |
| LN7 | £260,000 | +8% |
| LN4 | £245,000 | +9% |
| LN1 | £230,000 | +0% |
| LN2 (this report) | £230,000 | +2% |
| LN6 | £227,500 | +10% |
| LN11 | £227,500 | +8% |
| LN8 | £218,800 | -5% |
| LN3 | £215,000 | +2% |
| LN12 | £213,500 | +19% |
| LN5 | £190,000 | -5% |
| LN9 | £189,500 | -13% |
| LN13 | £185,000 | -10% |
Thinking of selling in LN2? Get a rough value first
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in LN2, use the average prices map for a rough value: zoom from LN2's shading down to the sold homes on your own street. The figures above are every recorded LN2 sale; agents price with this same Land Registry record, and now you have it too.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about LN2. Free, with a one click sign in.
See every individual LN2 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.