Welland Road - LN1 3PE
Key Postcode Insights
LN1 3PE is a residential postcode situated on Welland Road, Lincoln, LN1 with 6 addresses.
It ranks as the 239th largest and 207th most expensive of the 875 postcodes in the LN1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £159,005
- 10 Year change
- up 36.1%
- Ave. Rental Price
- £957pcm
- 10 Year change
- up 43.9%
- Ave. £ per ft²
- £143/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Postcode Insights
LN1 3PE is a residential postcode situated on Welland Road, Lincoln, LN1 with 6 addresses.
It ranks as the 239th largest and 207th most expensive of the 875 postcodes in the LN1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £159,005
- 10 Year change
- up 36.1%
- Ave. Rental Price
- £957pcm
- 10 Year change
- up 43.9%
- Ave. £ per ft²
- £143/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Propertiesin LN1 3PE
- 2 Welland Road
3 Bed Mid-century House
- 4 Welland Road
3 Bed Mid-century House
- 6 Welland Road
3 Bed Mid-century House
- 8 Welland Road
3 Bed Mid-century House
- 10 Welland Road
House
Sales Market Trends
The last sale in LN1 3PE sold for £150,000 on 31st May 2023. Since then prices are up an average of 1.0%.
The current average value in the postcode is £159,005.
The LN1 3PE Sales Market has increased by 36.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £159,005 |
| June 2025 | 6.1% | £159,690 |
| June 2024 | -3.9% | £150,529 |
| June 2023 | 1.2% | £156,672 |
| June 2022 | 8.8% | £154,871 |
| June 2021 | 11% | £142,406 |
| June 2020 | -1.2% | £128,245 |
| June 2019 | 3.3% | £129,776 |
| June 2018 | 5.5% | £125,577 |
| June 2017 | 1.9% | £119,015 |
| June 2016 | 5.8% | £116,850 |
| June 2015 | 2.5% | £110,480 |
| June 2014 | 9.7% | £107,737 |
| June 2013 | 3.3% | £98,250 |
| June 2012 | 0.3% | £95,086 |
| June 2011 | -1.6% | £94,760 |
| June 2010 | 2.9% | £96,301 |
| June 2009 | -9.2% | £93,575 |
| June 2008 | -2.9% | £103,041 |
| June 2007 | 0% | £106,091 |
Rental Market Trends
The current average rental value in the postcode is £957.
The LN1 3PE Rental Market has increased by 43.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.1% | £957pcm |
| June 2025 | -1.1% | £911pcm |
| June 2024 | 7.8% | £921pcm |
| June 2023 | 10.3% | £854pcm |
| June 2022 | 3.2% | £774pcm |
| June 2021 | 4.1% | £750pcm |
| June 2020 | 0.2% | £720pcm |
| June 2019 | 4.2% | £719pcm |
| June 2018 | 1.6% | £690pcm |
| June 2017 | 2.1% | £679pcm |
| June 2016 | 3.6% | £665pcm |
| June 2015 | 2.3% | £642pcm |
| June 2014 | 5.8% | £628pcm |
| June 2013 | 2.6% | £594pcm |
| June 2012 | 2.6% | £578pcm |
| June 2011 | 1.8% | £564pcm |
| June 2010 | -0.8% | £554pcm |
| June 2009 | -6.2% | £559pcm |
| June 2008 | 0.2% | £596pcm |
| June 2007 | 0% | £594pcm |
Sales History
The last sale was on 31st May 2023 for £150,000 and since then the market in the area has increased by 1.0%. The postcode has had a total of 7 sales since 1995.
LN1 3PE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2023£150,000 | 3 Bed House4, Welland Road, Lincoln, LN1 3PE4, Welland Road, Lincoln, LN1 3PE
- Sold Dec 2019£123,000 | 3 Bed House6, Welland Road, Lincoln, LN1 3PE6, Welland Road, Lincoln, LN1 3PE
- Sold Jun 2015£104,000 | 3 Bed House12, Welland Road, Lincoln, LN1 3PE12, Welland Road, Lincoln, LN1 3PE
- Sold May 2015£116,000 | 3 Bed House8, Welland Road, Lincoln, LN1 3PE8, Welland Road, Lincoln, LN1 3PE
- Sold Oct 2006£127,950 | 3 Bed House2, Welland Road, Lincoln, LN1 3PE2, Welland Road, Lincoln, LN1 3PE
Nearby Postcodes
LN1 3PE is the 239th largest and the 207th most expensive postcode out of the 875 postcodes in the LN1 area.
- LN1 3TR, Ancholme Close, Lincoln, LN1LN1 3TR6 Addresses|25 m away
- LN1 3PQ, Welland Road, Lincoln, LN1LN1 3PQ4 Addresses|55 m away
- LN1 3PF, Trent View, Lincoln, LN1LN1 3PF46 Addresses|70 m away
- LN1 3PG, Trent View, Lincoln, LN1LN1 3PG42 Addresses|70 m away
- LN1 3NT, Queen Mary Road, Lincoln, LN1LN1 3NT26 Addresses|74 m away
Property Types
- 4 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 other address of unknown type
- mid-century house (4)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (1)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold May 2023£150,000 | 3 Bed House4, Welland Road, Lincoln, LN1 3PE4, Welland Road, Lincoln, LN1 3PE
- Sold Oct 2006£127,950 | 3 Bed House2, Welland Road, Lincoln, LN1 3PE2, Welland Road, Lincoln, LN1 3PE
- Sold Dec 2019£123,000 | 3 Bed House6, Welland Road, Lincoln, LN1 3PE6, Welland Road, Lincoln, LN1 3PE
Schools Nearby
- Mount Street Academy1.1 km away
- Ermine Primary Academy1.5 km away
- Westgate Academy1.6 km away
- Lincoln Castle Academy800 m away
- Lincoln UTC2.2 km away
- Lincoln Christ's Hospital School2.2 km away
More reading links
Public Transport Nearby
The closest station to LN1 3PE is Lincoln station, which is 2.8 kilometres away.
- Lincoln|2.8 km away
- Hykeham|6.9 km away
- Saxilby|7.8 km away
- Swinderby|13.6 km away