Property Data OutlookLN8
7,716 recorded transactions · Part of West Lindsey
Compare with another area →Market outlook for LN8
Key indicators for buyers
The LN8 market is moderately favourable for buyers. Prices have softened (-37.4%), 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 £165,057 with a 25% deposit (£41k), a 2-year fixed mortgage at 3.97% costs around £651 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses LN8 avg. price with West Lindsey rental data
Monthly mortgage payments (£651) are £57 less than renting (£708). However, buying requires an upfront deposit of £41k — it would take around 8 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 |
|---|---|---|---|
1, LAPWING CLOSE LN8 3BD | Detached | £285,000 | 23 Jan 2026 |
3, DRAX COURT, MIDDLE RASEN LN8 3UE | Detached | £180,000 | 20 Jan 2026 |
MANCHESTER HOUSE, HIGH STREET, GLENTHAM LN8 2EQ | Detached | £150,000 | 15 Jan 2026 |
14, OLD BARN COURT, LUDFORD LN8 6AZ | Semi-detached | £210,000 | 13 Jan 2026 |
29, PROSPECT PLACE LN8 3AS | Terraced | £82,900 | 9 Jan 2026 |
6, CUMBERLAND TERRACE, BROOKENBY LN8 6EL | Terraced | £125,000 | 5 Jan 2026 |
7, MILL VIEW COURT, WRAGBY LN8 5RJ | Terraced |
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.