Nettleham, Ermine & St Giles Estates

House Prices in LN2

Properties in LN2 have an average house price of £244,498.00 and had 2235 Property Transactions within the last 3 years.
The most expensive property was sold for £1,975,000.00.

Property Price Paid in LN2 by Year

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The average sold property price by year was:

Year Average Sold Price Sold Properties
2026 £241,114.00 300 Properties
2025 £253,203.00 714 Properties
2024 £245,042.00 649 Properties
2023 £234,791.00 572 Properties
2022 £251,835.00 790 Properties
2021 £254,100.00 887 Properties
2020 £237,183.00 655 Properties
2019 £214,895.00 784 Properties
2018 £203,625.00 757 Properties
2017 £190,723.00 717 Properties
2016 £185,399.00 763 Properties
2015 £177,718.00 777 Properties
2014 £164,702.00 763 Properties
2013 £157,534.00 622 Properties
2012 £153,441.00 524 Properties
2011 £168,120.00 523 Properties
2010 £166,389.00 480 Properties
2009 £158,790.00 545 Properties
2008 £152,063.00 628 Properties
2007 £159,302.00 1,042 Properties
2006 £151,826.00 1,026 Properties
2005 £145,821.00 745 Properties
2004 £139,419.00 904 Properties
2003 £119,624.00 893 Properties
2002 £94,330.00 1,008 Properties
2001 £77,124.00 1,050 Properties
2000 £67,253.00 855 Properties
1999 £62,112.00 852 Properties
1998 £60,897.00 744 Properties
1997 £55,635.00 760 Properties
1996 £54,174.00 606 Properties
1995 £49,542.00 576 Properties

Property Price per Property Type in LN2

Here you can find historic sold price data in order to help with your property search.

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The average Property Paid Price for specific property types in the last three years are:

Property Type Average Sold Price Sold Properties
Detached House £348,079.00 862 Detached Houses
Flat £133,265.00 201 Flats
Semi Detached House £213,712.00 599 Semi Detached Houses
Terraced House £159,877.00 573 Terraced Houses

Houses and Flats for sale in LN2, Nettleham, Ermine & St Giles Estates

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There are 482 results. Property prices in LN2 range from £100k to £1.22M with an average price of £323k.


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Property market in LN2

Average asking price £323k typical £270k
Most prices £96k – £1.35M leaving out the extremes
Homes for sale 482 40 more under offer
New to the market 147 in the last 30 days
Typical time to sell 11 weeks last 12 months
Asking prices, year on year no change homes newly listed
Gross rental yield 5.4–12.9% houses 5.4%, flats 12.9%

What's for sale

548 homes · share, count and typical price
Detached houses 32.1% 176 · £435k
Terraced houses 28.3% 155 · £180k
Semi-detached houses 12.2% 67 · £245k
Bungalows 11.9% 65 · £300k
Flats and apartments 11.7% 64 · £125k
Other homes 1.8% 10 · £355k
Land and plots 1.3% 7 · £185k
Park and mobile homes 0.7% 4 · £130k

How many bedrooms

share, count and typical price
1 bedroom 5.7% 31 · £93k
2 bedrooms 23.8% 129 · £190k
3 bedrooms 35.5% 192 · £252k
4 bedrooms 23.8% 129 · £415k
5+ bedrooms 11.1% 60 · £550k

Price bands

548 homes
Under £160k 17.5% 96
£160k – £220k 21.4% 117
£220k – £300k 18.2% 100
£300k – £440k 22.8% 125
£440k and over 20.1% 110

Houses and flats compared

HousesFlats
Share of homes for sale84%12%
Typical asking price£290k£125k
Average bedrooms3.31.6
Typical time to sell11 weeks5 months
Gross rental yield5.4%12.9%

Asking prices over time

typical asking price of the homes first listed each quarter · −1.0% since 2024 Q4 Median asking price per quarter in LN2 2024 Q4: £243k (332 new listings) £243k 2024 Q4 2025 Q1: £250k (529 new listings) £250k 2025 Q1 2025 Q2: £267k (564 new listings) £267k 2025 Q2 2025 Q3: £275k (466 new listings) £275k 2025 Q3 2025 Q4: £260k (335 new listings) £260k 2025 Q4 2026 Q1: £275k (543 new listings) £275k 2026 Q1 2026 Q2: £250k (409 new listings) £250k 2026 Q2 2026 Q3: £240k (431 new listings) £240k 2026 Q3

Prices in and around LN2

typical asking price, cheapest first
  1. LN5 £199k
  2. DN21 £220k
  3. LN1 £250k
  4. LN4 £250k
  5. LN6 £250k
  6. LN3 £265k
  7. LN2 £270k
  8. LN8 £293k

Schools in LN2

12 primary · 3 secondary · 77% rated good or outstanding
  • Lincoln Carlton Academy primary · Outstanding
  • The Hackthorn Church of England Primary School primary · Outstanding
  • William Farr CofE Comprehensive School secondary · Good
  • Lincoln Christ's Hospital School secondary · Good
  • Lincoln Monks Abbey Primary School primary · Good
  • Welton St Mary's Church of England Primary Academy primary · Good

Based on 548 homes for sale on Houses now, 1,756 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Jul 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.


Frequently Asked Questions about LN2


What is the average house price in LN2?

The average home for sale in LN2 is priced at £323,000. A few very expensive homes pull that average up, so a more typical price is £270,000. This is based on the 548 homes for sale on Houses right now.


How much does a 2 or 3 bedroom home cost in LN2?

A typical 2-bedroom home in LN2 costs £190,000 and a 3-bedroom home £252,000. So the extra bedroom adds about £62,000. 1-bedroom homes start at around £93,000, and 4-bedroom homes are about £415,000.


What price range should I expect in LN2?

Most homes in LN2 are priced between £96,000 and £1.35 million, leaving out the very cheapest and most expensive. One in five costs less than £160,000, and one in five £440,000 or more.


How many homes are for sale in LN2?

There are 482 homes for sale in LN2 on Houses right now, plus 40 already under offer. 147 new listings came onto the market in the last 30 days.


Are house prices going up in LN2?

They are holding steady. Homes put up for sale in LN2 over the last 12 months were advertised at a typical £260,000, about the same as the year before (£260,000). By size, 1-bedroom homes are up 8%, 2-bedroom homes are up 9% and 3-bedroom homes are up 4%.


How long does it take to sell a home in LN2?

Homes usually sell or come off the market within about 11 weeks. About 26% go within the first month, and a quarter take longer than about 6 months. Houses go faster, in about 11 weeks against about 5 months for flats.


What rental yield can I get in LN2?

About 12.9% gross for flats and 5.4% for houses. That compares typical rents with what flats and houses actually sold for in LN2 over the last year. Running costs, voids and mortgage interest are not taken off.


What type of homes are for sale in LN2?

Detached houses are the most common, about a third of homes for sale in LN2. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £125,000, and detached houses the most expensive, at about £435,000.


Where are the cheapest places to buy near LN2?

Of the areas around LN2, LN5 is the cheapest, with a typical asking price of £199,000, followed by DN21 (£220,000) and LN1 (£250,000). LN2 itself is £270,000.


Are homes in LN2 freehold or leasehold?

About 9 in 10 homes for sale in LN2 are freehold and the rest leasehold, which is mostly flats. There are 41 new-build homes on the market too.


What are the schools like in LN2?

There are 12 primary and 3 secondary schools in LN2. 77% of those inspected by Ofsted were rated good or outstanding, and 3 were outstanding.


Which areas are included in the LN2 postcode district?

The main areas within LN2 include Nettleham and Ermine & St Giles Estates.


What has been the average sold property price in LN2 over the last three years?

Detached Houses in LN2 have an average sold price of £348,079, while Semi Detached Houses have an average of £213,712. Terraced Houses have an average of £159,877 and Flats have an average of £133,265. The average sold property price in LN2 over the last three years is approximately £246,453.