Waddon

House Prices in LN5

Properties in LN5 have an average house price of £211,912.00 and had 1901 Property Transactions within the last 3 years.
The most expensive property was sold for £1,325,000.00.

Property Price Paid in LN5 by Year

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The average sold property price by year was:

Year Average Sold Price Sold Properties
2026 £204,535.00 288 Properties
2025 £222,852.00 577 Properties
2024 £209,851.00 506 Properties
2023 £205,980.00 530 Properties
2022 £219,535.00 699 Properties
2021 £222,647.00 790 Properties
2020 £217,296.00 569 Properties
2019 £187,311.00 716 Properties
2018 £181,244.00 668 Properties
2017 £171,065.00 739 Properties
2016 £174,386.00 708 Properties
2015 £151,733.00 714 Properties
2014 £147,934.00 635 Properties
2013 £146,604.00 502 Properties
2012 £141,202.00 431 Properties
2011 £145,328.00 399 Properties
2010 £140,004.00 402 Properties
2009 £145,654.00 414 Properties
2008 £155,838.00 489 Properties
2007 £147,956.00 1,009 Properties
2006 £136,562.00 1,067 Properties
2005 £126,057.00 640 Properties
2004 £125,917.00 856 Properties
2003 £102,311.00 936 Properties
2002 £81,635.00 1,061 Properties
2001 £63,087.00 1,089 Properties
2000 £60,551.00 910 Properties
1999 £53,167.00 804 Properties
1998 £53,203.00 679 Properties
1997 £50,752.00 661 Properties
1996 £46,155.00 622 Properties
1995 £46,862.00 600 Properties

Property Price per Property Type in LN5

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 £339,081.00 563 Detached Houses
Flat £122,090.00 132 Flats
Semi Detached House £208,444.00 373 Semi Detached Houses
Terraced House £141,750.00 833 Terraced Houses

Houses and Flats for sale in LN5, Waddon

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There are 308 results. Property prices in LN5 range from £85k to £962k with an average price of £257k.


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Property market in LN5

Average asking price £264k typical £199k
Most prices £86k – £951k leaving out the extremes
Homes for sale 308 45 more under offer
New to the market 105 in the last 30 days
Typical time to sell 3 months last 12 months
Asking prices, year on year no change homes newly listed
Gross rental yield 5.4–10.4% houses 5.4%, flats 10.4%

What's for sale

393 homes · share, count and typical price
Terraced houses 31.8% 125 · £155k
Detached houses 20.6% 81 · £475k
Semi-detached houses 17.0% 67 · £225k
Flats and apartments 15.5% 61 · £100k
Bungalows 11.2% 44 · £268k
Other homes 2.5% 10 · £325k
Park and mobile homes 0.8% 3 · £135k
Land and plots 0.5% 2 · £313k

How many bedrooms

share, count and typical price
1 bedroom 4.8% 19 · £85k
2 bedrooms 28.6% 112 · £137k
3 bedrooms 38.0% 149 · £215k
4 bedrooms 18.6% 73 · £400k
5+ bedrooms 9.9% 39 · £550k

Price bands

393 homes
Under £120k 18.8% 74
£120k – £170k 21.1% 83
£170k – £240k 19.3% 76
£240k – £380k 21.6% 85
£380k and over 19.1% 75

Houses and flats compared

HousesFlats
Share of homes for sale81%16%
Typical asking price£220k£100k
Average bedrooms3.31.9
Typical time to sell3 months5 months
Gross rental yield5.4%10.4%

Asking prices over time

typical asking price of the homes first listed each quarter · −1.2% since 2024 Q4 Median asking price per quarter in LN5 2024 Q4: £200k (255 new listings) £200k 2024 Q4 2025 Q1: £200k (359 new listings) £200k 2025 Q1 2025 Q2: £210k (375 new listings) £210k 2025 Q2 2025 Q3: £185k (321 new listings) £185k 2025 Q3 2025 Q4: £180k (222 new listings) £180k 2025 Q4 2026 Q1: £200k (367 new listings) £200k 2026 Q1 2026 Q2: £213k (332 new listings) £213k 2026 Q2 2026 Q3: £198k (308 new listings) £198k 2026 Q3

Prices in and around LN5

typical asking price, cheapest first
  1. LN5 £199k
  2. LN1 £250k
  3. LN4 £250k
  4. LN6 £250k
  5. NG24 £250k
  6. LN3 £265k
  7. LN2 £270k
  8. NG23 £445k

Schools in LN5

10 primary · 2 secondary · 100% rated good or outstanding
  • The Priory Academy LSST secondary · Outstanding
  • Sir William Robertson Academy, Welbourn secondary · Good
  • The Lincoln Bishop King Church of England Primary School primary · Good
  • The Meadows Primary School primary · Good
  • The Lincoln St Peter at Gowts Church of England Primary School primary · Good
  • Navenby Church of England Primary School primary · Good

Based on 393 homes for sale on Houses now, 1,268 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 LN5


What is the average house price in LN5?

The average home for sale in LN5 is priced at £264,000. A few very expensive homes pull that average up, so a more typical price is £199,000. This is based on the 393 homes for sale on Houses right now.


How much does a 2 or 3 bedroom home cost in LN5?

A typical 2-bedroom home in LN5 costs £137,000 and a 3-bedroom home £215,000. So the extra bedroom adds about £79,000. 1-bedroom homes start at around £85,000, and 4-bedroom homes are about £400,000.


What price range should I expect in LN5?

Most homes in LN5 are priced between £86,000 and £951,000, leaving out the very cheapest and most expensive. One in five costs less than £120,000, and one in five £380,000 or more.


How many homes are for sale in LN5?

There are 308 homes for sale in LN5 on Houses right now, plus 45 already under offer. 105 new listings came onto the market in the last 30 days.


Are house prices going up in LN5?

They are holding steady. Homes put up for sale in LN5 over the last 12 months were advertised at a typical £200,000, about the same as the year before (£200,000). By size, 1-bedroom homes are up 8%, 2-bedroom homes are down 10% and 3-bedroom homes are up 2%.


How long does it take to sell a home in LN5?

Homes usually sell or come off the market within about 3 months. About 21% go within the first month, and a quarter take longer than about 7 months. Houses go faster, in about 3 months against about 5 months for flats.


What rental yield can I get in LN5?

About 10.4% gross for flats and 5.4% for houses. That compares typical rents with what flats and houses actually sold for in LN5 over the last year. Running costs, voids and mortgage interest are not taken off.


What type of homes are for sale in LN5?

Terraced houses are the most common, about a third of homes for sale in LN5. Detached houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £100,000, and detached houses the most expensive, at about £475,000.


Where are the cheapest places to buy near LN5?

Of the areas around LN5, LN1 is the cheapest, with a typical asking price of £250,000, followed by LN4 (£250,000) and LN6 (£250,000). LN5 itself is £199,000.


Are homes in LN5 freehold or leasehold?

About 8 in 10 homes for sale in LN5 are freehold and the rest leasehold, which is mostly flats. There are 5 new-build homes on the market too.


What are the schools like in LN5?

There are 10 primary and 2 secondary schools in LN5. 100% of those inspected by Ofsted were rated good or outstanding, and 1 was outstanding.


Which areas are included in the LN5 postcode district?

The main area within LN5 is Waddon.


What has been the average sold property price in LN5 over the last three years?

Terraced Houses in LN5 have an average sold price of £141,750, while Detached Houses have an average of £339,081. Semi Detached Houses have an average of £208,444 and Flats have an average of £122,090. The average sold property price in LN5 over the last three years is approximately £212,413.


Which train stations are available in LN5?

The train station available in LN5 is Lincoln Central Station.


Which tube stations are available in LN5?

The tube station available in LN5 is Waddon Station.