Local market reports › LN area › LN5 › LN5 8
Waddington market report LN5 8, Lincoln
The standing LN5 8 (Waddington) property market report, rebuilt from the full public record every month. Underneath every chart here sit 6,143 registered sales in LN5 8 (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.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the typical home in LN5 8 (Lincoln) sold for £151,000 in 2026, the median of 65 registered sales, up 10% on five years earlier. The mean was £164,000, and by floor area homes here have averaged about £2,040 per square metre over the last five years. The figures cover 6,143 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
A postcode sector like LN5 8 is a single group of streets within LN5 (Lincoln), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where LN5 8 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.
What buyers actually paid in LN5 8
In the LN5 8 property market, the 2026 median sale price is £151,000, from 65 registered sales; the mean, the "average house price" most sites quote, is £164,000, sitting modestly above it, the usual shape of a market with an expensive tail.
What a square metre costs in LN5 8
Averaged across five years of sales, floor space in LN5 8 costs about £2,040 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
The national median for England and Wales is £285,000, which puts LN5 8 47% below the country at large.
The price of a typical LN5 8 home, 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 | £151,000 | £151,000 | 65 |
| 2025 | £137,800 | £141,095 | 136 |
| 2024 | £145,000 | £154,165 | 124 |
| 2023 | £150,000 | £164,813 | 128 |
| 2022 | £135,000 | £158,303 | 173 |
| 2021 | £137,000 | £173,460 | 185 |
| 2020 | £123,000 | £159,595 | 130 |
| 2019 | £116,000 | £152,048 | 177 |
| 2018 | £115,000 | £153,297 | 179 |
| 2017 | £110,000 | £150,029 | 187 |
| 2016 | £110,000 | £153,891 | 175 |
| 2015 | £105,500 | £149,072 | 192 |
| 2014 | £105,000 | £148,961 | 191 |
| 2013 | £95,000 | £136,696 | 126 |
| 2012 | £97,500 | £143,508 | 128 |
| 2011 | £82,500 | £124,543 | 91 |
| 2010 | £88,500 | £138,791 | 100 |
| 2009 | £104,000 | £167,181 | 99 |
| 2008 | £105,000 | £172,117 | 124 |
| 2007 | £105,000 | £178,109 | 322 |
| 2006 | £98,000 | £170,115 | 343 |
| 2005 | £95,500 | £169,952 | 236 |
| 2004 | £89,000 | £161,641 | 285 |
| 2003 | £70,000 | £128,957 | 329 |
| 2002 | £57,000 | £107,245 | 349 |
| 2001 | £41,200 | £79,205 | 323 |
| 2000 | £37,500 | £73,594 | 285 |
| 1999 | £35,000 | £69,753 | 223 |
| 1998 | £35,100 | £70,852 | 206 |
| 1997 | £33,900 | £69,522 | 180 |
| 1996 | £32,800 | £69,174 | 174 |
| 1995 | £31,500 | £68,476 | 178 |
In cash terms the typical LN5 8 home went from £31,500 in 1995 to £151,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 121%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2007; the current median sits about 15% below that. Someone who bought at the 2007 peak has not yet seen that price back in real terms.
Year-on-year change in the LN5 8 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 2002 (+38.3% on the year before); the weakest, 2010 (−14.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +9.6% | +7.0% |
| 5 years (since 2021) | +2.0% | −2.7% |
| 10 years (since 2016) | +3.2% | −0.2% |
| 20 years (since 2006) | +2.2% | −0.6% |
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.
The register shows 65 LN5 8 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 309 sales a year before the financial crisis and 125 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
The shape of the LN5 8 market
Against the LN5 district median, LN5 8 sits 21% lower, marking it as a cheaper pocket of the district.
Rents around LN5 8
For renting purposes LN5 8 sits in Lincoln. The ONS average private rent there is £951 a month (May 2026). Size sets most of the rent: one-beds average £665 a month here against £1,373 for four or more bedrooms.
Average monthly rent by size, Lincoln
ONS Price Index of Private Rents, May 2026.
Against the £151,000 median purchase price, a rent of £951 a month (£11,412 a year) works out at a 7.6% 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.
What people ask about LN5 8 (Waddington)
Are property prices falling in LN5 8 (Waddington)?
Is LN5 8 (Waddington) a good place to buy a house?
How much did a house sell for in LN5 8 (Waddington)?
Where do LN5 8 prices go next?
Prediction is not this page's business. Its business is the record, which says: the median is up 10% over five years in cash but down 13% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
On the market in LN5 today
This is what you could actually buy today: 171 homes currently on the market from 9 agents publishing to HomesIndex.
These cover the whole LN5 district, not just LN5 8: live asking prices are collected per district.
Of everything listed here, 32% asks less than the sold record of comparable homes. Each listing is compared with recent recorded sales of similar homes nearby.
- Primrose Close, Lincoln, Lincoln
- Bells Court, Carlton-Le-Moorland, LN5, Lincoln
- Brewery Lane, Carlton-Le-Moorland, LN5, Lincoln
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every LN5 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
What another bedroom costs in LN
What homes of each size actually sold for across the LN area, from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £225,000 | £315,000 (+40%) | £449,950 (+43%) | £600,000 (+33%) |
| Semi-detached | £167,500 | £189,045 (+13%) | £230,000 (+22%) | £285,500 (+24%) | £420,000 (+47%) |
| Terraced | £137,500 | £152,500 (+11%) | £190,000 (+25%) | £250,000 (+32%) | — |
| Flat | £110,000 | £130,000 (+18%) | £196,000 (+51%) | — | — |
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
The spread across the LN area is the point: the same five years treated these districts very differently.
Five-year change in the median, LN area districts
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in LN5
A few minutes' walk can separate two very different markets. Here are LN5's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| LN5 0 | £305,000 | 31 |
| LN5 7 | £135,000 | 29 |
| LN5 9 | £225,000 | 69 |
Zoom out to the full LN5 district report for the type split, monthly volumes and how LN5 compares with its neighbours.
Selling in LN5 8? Start from the sold record
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in LN5 8, use the average prices map for a rough value: zoom from LN5 8's shading down to the sold homes on your own street. The figures above are every recorded LN5 8 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim LN5 8.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about LN5 8. Free, with a one click sign in.
Two maps carry on from here: every LN5 8 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.