Property Data OutlookLN3
5,207 recorded transactions · Part of West Lindsey
Compare with another area →Market outlook for LN3
Key indicators for buyers
The LN3 market is moderately favourable for buyers. Prices have softened (-21.8%), which could present a buying opportunity. Affordability has improved from a peak of 7.8x in 2007 to 6.4x today. Rising rents (£708/mo, +7.9%) 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 West Lindsey area
A home in West Lindsey costs 6.4x the local median salary — moderate, improving from a peak of 7.8x in 2007.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider West Lindsey area
Average monthly rent in West Lindsey is £708, up 7.9% 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 West Lindsey price of £200,250 with a 25% deposit (£50k), a 2-year fixed mortgage at 3.97% costs around £790 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses LN3 avg. price with West Lindsey rental data
Monthly mortgage payments (£790) are £82 more than renting (£708). However, buying requires an upfront deposit of £50k — it would take around 11 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 |
|---|---|---|---|
8, THE MEADOWS, LANGWORTH LN3 5BZ | Terraced | £163,500 | 9 Jan 2026 |
5, HOLLY CLOSE, CHERRY WILLINGHAM LN3 4BH | Detached | £237,000 | 5 Jan 2026 |
5, THE CLOSE, FISKERTON LN3 4HG | Semi-detached | £200,000 | 18 Dec 2025 |
14, ELM AVENUE, CHERRY WILLINGHAM LN3 4BB | Detached | £245,000 | 12 Dec 2025 |
1, ELM AVENUE, CHERRY WILLINGHAM LN3 4AU | Detached | £225,000 | 12 Dec 2025 |
15, ST MATTHEWS CLOSE, CHERRY WILLINGHAM LN3 4LS | Detached | £240,000 | 11 Dec 2025 |
64, CHERRY PADDOCKS, CHERRY WILLINGHAM LN3 4GW |
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.