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Waddington market report LN5, Lincoln
The standing LN5 (Waddington) property market report, rebuilt from the full public record every month. This page is built from the public record and nothing else: 20,715 completed sales registered with HM Land Registry in LN5 (Lincoln) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales recorded to July 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the typical home in LN5 (Lincoln) sold for £190,000 in 2026, the median of 194 registered sales, down 5% on five years earlier. The mean was £217,900, and by floor area homes here have averaged about £2,420 per square metre over the last five years. The figures cover 20,715 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
LN5 is a postcode district covering Waddington, Bassingham, Carlton-le-Moorland 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 LN5 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.
The going rate for a home in LN5
194 sales were registered in LN5 in 2026, and the middle one of them, the median, went for £190,000. The mean works out at £217,900, modestly above it, the usual shape of a market with an expensive tail.
LN5 prices by floor area
A square metre of LN5 home has cost about £2,420 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
Against a national (England and Wales) median of £285,000, LN5 runs 33% below it.
The price of a typical LN5 home, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £190,000 | £190,000 | 194 |
| 2025 | £210,000 | £215,022 | 497 |
| 2024 | £190,000 | £202,009 | 433 |
| 2023 | £200,000 | £219,751 | 464 |
| 2022 | £202,500 | £237,454 | 657 |
| 2021 | £200,000 | £253,226 | 769 |
| 2020 | £187,000 | £242,636 | 499 |
| 2019 | £170,000 | £222,829 | 609 |
| 2018 | £156,000 | £207,951 | 575 |
| 2017 | £150,500 | £205,267 | 618 |
| 2016 | £150,000 | £209,851 | 623 |
| 2015 | £130,000 | £183,690 | 622 |
| 2014 | £125,000 | £177,334 | 590 |
| 2013 | £125,000 | £179,863 | 489 |
| 2012 | £115,000 | £169,266 | 431 |
| 2011 | £115,000 | £173,606 | 400 |
| 2010 | £120,000 | £188,191 | 402 |
| 2009 | £125,000 | £200,939 | 414 |
| 2008 | £125,000 | £204,901 | 490 |
| 2007 | £130,000 | £220,516 | 1,012 |
| 2006 | £115,000 | £199,625 | 1,068 |
| 2005 | £106,500 | £189,527 | 640 |
| 2004 | £103,500 | £187,976 | 856 |
| 2003 | £82,000 | £151,064 | 937 |
| 2002 | £65,000 | £122,297 | 1,061 |
| 2001 | £50,000 | £96,122 | 1,089 |
| 2000 | £48,000 | £94,200 | 910 |
| 1999 | £42,000 | £83,704 | 804 |
| 1998 | £42,500 | £85,789 | 679 |
| 1997 | £39,200 | £80,391 | 661 |
| 1996 | £38,000 | £80,140 | 622 |
| 1995 | £38,500 | £83,693 | 600 |
In cash terms the typical LN5 home went from £38,500 in 1995 to £190,000 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 127%, a genuine increase in what a home here costs. Measured in today's money the market peaked in 2021; the current median sits about 25% below that. Someone who bought at the 2021 peak has not yet seen that price back in real terms.
Year-on-year change in the LN5 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 (+30.0% on the year before); the weakest, 2026 (−9.5%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
What LN5 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −9.5% | −11.6% |
| 5 years (since 2021) | −1.0% | −5.6% |
| 10 years (since 2016) | +2.4% | −1.0% |
| 20 years (since 2006) | +2.5% | −0.2% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 41% of the typed total. A detached home currently trades at £325,000 against £104,000 for a flat, 3.1 times the price.
Median by property type, LN5
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 | £325,000 | 62 | 6,745 |
| Semi-detached | £214,200 | 40 | 4,316 |
| Terraced | £150,500 | 74 | 8,479 |
| Flats | £104,000 | 18 | 1,171 |
The turnover behind the prices
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The last five years, month by month
Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.
The register shows 409 LN5 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 947 sales a year before the financial crisis and 449 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.
Rents around LN5
LN5 falls under Lincoln, where the ONS puts the average private rent at £951 a month (May 2026 figures). 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.
£951 a month is £11,412 a year, which against the £190,000 median sold price makes a gross yield of 6.0%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
What kind of market LN5 is
In its area's price order LN5 comes 11 of 13, towards the cheaper end of the table.
What people ask about LN5 (Waddington)
How much did a house sell for in LN5 (Waddington)?
Are property prices falling in LN5 (Waddington)?
Is LN5 (Waddington) a good place to buy a house?
Will LN5 prices rise from here?
That question has no honest answer, only evidence. The evidence: the median is down 5% over five years in cash but down 25% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
On the market in LN5 today
Everything above is what homes in LN5 sold for. Turning to what is actually available: 171 homes on the market right now, from 9 agents publishing to HomesIndex, at a typical asking price 16% below the LN5 median sold price.
32% of current listings sit under the prices comparable homes actually fetched. 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" 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 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.
The price of an extra bedroom in LN
The Land Registry record, split by size: what each kind of home actually sold for across the LN area. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| 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%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
LN5 ranks 10 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.
LN area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside LN5, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| LN5 0 | £305,000 | 31 |
| LN5 7 | £135,000 | 29 |
| LN5 8 | £151,000 | 65 |
| LN5 9 | £225,000 | 69 |
How LN5 compares nearby
Same city, different markets. The neighbouring districts of the LN area, dearest first:
| District | Median | 5-year |
|---|---|---|
| LN10 | £375,000 | +21% |
| LN7 | £260,000 | +8% |
| LN4 | £245,000 | +9% |
| LN6 | £228,000 | +10% |
| LN11 | £225,000 | +7% |
| LN1 | £222,500 | -3% |
| LN2 | £221,000 | -2% |
| LN8 | £215,000 | -7% |
| LN3 | £212,500 | +1% |
| LN12 | £210,000 | +17% |
| LN5 (this report) | £190,000 | -5% |
| LN9 | £190,000 | -12% |
| LN13 | £170,200 | -17% |
Selling in LN5? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at LN5's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Estate agents working LN5: the featured spot on this report is free for founding agents, one per district. Claim LN5.
Dig further
Behind the answers sits the same Land Registry record as this page, with LN5 already set as the subject. Free, one click sign in.
Two maps carry on from here: every LN5 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.
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.