LN11 8LY is a residential postcode situated on Poplars Lane, Legbourne, Louth, LN11 with 11 addresses.
It ranks as the 963rd largest and 1596th most expensive of the 1,818 postcodes in the LN11 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 houses.
LN11 8LY is a residential postcode situated on Poplars Lane, Legbourne, Louth, LN11 with 11 addresses.
It ranks as the 963rd largest and 1596th most expensive of the 1,818 postcodes in the LN11 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 11 houses.
Sale prices range from £312,098 for 4 bedroom freehold houses with a garden (1,388 ft2) to £524,372 for 5 bedroom freehold houses with a garden (2,873 ft2) .
Monthly rental prices range from £1,162 pcm for 4 bed houses to £1,819 pcm for 5 bed houses.
The gross rental yield is between 4.1% and 4.7%.
The average value per square foot is £254.
The last sale in LN11 8LY sold for £295,000 on 18th November 2019. Since then prices are up an average of 20.3%.
The current average value in the postcode is £375,225.
The LN11 8LY Sales Market has increased by 43.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.9% | £375,225 |
| April 2025 | 0.9% | £390,587 |
| April 2024 | -1.9% | £386,955 |
| April 2023 | 2.7% | £394,272 |
| April 2022 | 14.3% | £383,886 |
| April 2021 | 8% | £335,716 |
| April 2020 | 0.5% | £310,853 |
| April 2019 | 5.4% | £309,404 |
| April 2018 | 4.9% | £293,636 |
| April 2017 | 6.8% | £280,039 |
| April 2016 | 4.2% | £262,323 |
| April 2015 | 4.8% | £251,770 |
| April 2014 | 3.7% | £240,169 |
| April 2013 | 0.9% | £231,687 |
| April 2012 | -0.3% | £229,555 |
| April 2011 | -2.5% | £230,207 |
| April 2010 | 2.9% | £236,067 |
| April 2009 | -7.1% | £229,483 |
| April 2008 | 0.9% | £246,933 |
| April 2007 | 0% | £244,803 |
The current average rental value in the postcode is £1,309.
The LN11 8LY Rental Market has increased by 46.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.2% | £1,309pcm |
| April 2025 | 4.2% | £1,281pcm |
| April 2024 | 5.9% | £1,230pcm |
| April 2023 | 7% | £1,161pcm |
| April 2022 | 8.8% | £1,086pcm |
| April 2021 | 2.4% | £998pcm |
| April 2020 | 2% | £975pcm |
| April 2019 | 1.6% | £956pcm |
| April 2018 | 2.2% | £941pcm |
| April 2017 | 3.2% | £921pcm |
| April 2016 | 2.8% | £892pcm |
| April 2015 | 0.9% | £868pcm |
| April 2014 | 3.1% | £860pcm |
| April 2013 | 1.2% | £834pcm |
| April 2012 | 1.1% | £824pcm |
| April 2011 | 2.6% | £815pcm |
| April 2010 | 3.9% | £794pcm |
| April 2009 | -0.2% | £765pcm |
| April 2008 | -5% | £766pcm |
| April 2007 | 0% | £806pcm |
The last sale was on 18th November 2019 for £295,000 and since then the market in the area has increased by 20.3%. The postcode has had a total of 5 sales since 1995.
LN11 8LY has seen no sales in the last three years and no sales in the last twelve months.
LN11 8LY is the 963rd largest and the 1596th most expensive postcode out of the 1,818 postcodes in the LN11 area.
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The closest station to LN11 8LY is Cleethorpes station which is 25.5 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around LN11 8LY, 55.6% of property is privately owned outright and 29.9% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around LN11 8LY, 15.3% of residents are recorded as possessing school level qualifications and 26.9% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around LN11 8LY, the average age was 49.7 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around LN11 8LY, 1.5% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around LN11 8LY, there are an average of 1.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.