Market outlook for LN5
Key indicators for buyers
The LN5 market looks favourable for buyers. Prices have softened (-12.7%), which could present a buying opportunity. Affordability has improved from a peak of 6.1x in 2021 to 5.2x today. Rising rents (£944/mo, +7.2%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Lincoln area
A home in Lincoln costs 5.2x the local median salary — moderate, improving from a peak of 6.1x in 2021.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Lincoln area
Average monthly rent in Lincoln is £944, up 7.2% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Lincoln price of £199,346 with a 25% deposit (£50k), a 2-year fixed mortgage at 3.97% costs around £787 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses LN5 avg. price with Lincoln rental data
Monthly mortgage payments (£787) are £157 less than renting (£944). However, buying requires an upfront deposit of £50k — it would take around 7 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
94, FOSTER STREET LN5 7QF | Terraced | £145,000 | 22 Jan 2026 |
24, SIBTHORP STREET LN5 7SH | Terraced | £192,500 | 19 Jan 2026 |
UNIT 31, LINCOLN ENTERPRISE PARK, NEWARK ROAD, AUBOURN LN5 9FP | Other | £250,000 | 19 Jan 2026 |
38, LITTLE BARGATE STREET LN5 8JL | Terraced | £110,000 | 16 Jan 2026 |
3, CRAVEN MEWS LN5 8EJ | Semi-detached | £130,000 | 16 Jan 2026 |
273, CALDER ROAD LN5 9TJ | Detached | £300,000 | 16 Jan 2026 |
46, DONCASTER GARDENS, NAVENBY LN5 0TQ | Detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.