Steep Hill - LN2 1LT
Key Postcode Insights
LN2 1LT is a residential postcode situated on Steep Hill, Lincoln, LN2 with 7 addresses.
It ranks as the 246th largest and 902nd most expensive of the 1,097 postcodes in the LN2 area.
The postcode contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £367,442
- 10 Year change
- up 36.3%
- Ave. Rental Price
- £1,213pcm
- 10 Year change
- up 43.3%
- Ave. £ per ft²
- £323/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Key Postcode Insights
LN2 1LT is a residential postcode situated on Steep Hill, Lincoln, LN2 with 7 addresses.
It ranks as the 246th largest and 902nd most expensive of the 1,097 postcodes in the LN2 area.
The postcode contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £367,442
- 10 Year change
- up 36.3%
- Ave. Rental Price
- £1,213pcm
- 10 Year change
- up 43.3%
- Ave. £ per ft²
- £323/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Explore Propertiesin LN2 1LT
- 8 Steep Hill
4 Bed Period House
- 10 Steep Hill
4 Bed House
- 11A Steep Hill
4 Bed Period House
- 14 Steep Hill
House
- 15A Steep Hill
3 Bed House
Sales Market Trends
The last sale in LN2 1LT sold for £218,000 on 16th January 2025. Since then prices are up an average of 27.7%.
The current average value in the postcode is £367,442.
The LN2 1LT Sales Market has increased by 36.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £367,442 |
| June 2025 | 3.9% | £374,016 |
| June 2024 | -2.9% | £360,048 |
| June 2023 | 1.2% | £370,879 |
| June 2022 | 8% | £366,542 |
| June 2021 | 10% | £339,272 |
| June 2020 | 0.3% | £308,304 |
| June 2019 | 3.7% | £307,496 |
| June 2018 | 5.6% | £296,656 |
| June 2017 | 4.2% | £280,921 |
| June 2016 | 5% | £269,566 |
| June 2015 | 3% | £256,625 |
| June 2014 | 7.4% | £249,121 |
| June 2013 | 2.7% | £231,871 |
| June 2012 | 0.5% | £225,823 |
| June 2011 | -0.3% | £224,666 |
| June 2010 | 5.3% | £225,296 |
| June 2009 | -7.4% | £214,027 |
| June 2008 | -1.9% | £231,095 |
| June 2007 | 0% | £235,451 |
Rental Market Trends
The current average rental value in the postcode is £1,213.
The LN2 1LT Rental Market has increased by 43.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,213pcm |
| June 2025 | -2.5% | £1,170pcm |
| June 2024 | 7.8% | £1,199pcm |
| June 2023 | 10.3% | £1,112pcm |
| June 2022 | 3.1% | £1,008pcm |
| June 2021 | 4.2% | £978pcm |
| June 2020 | 0.4% | £938pcm |
| June 2019 | 4.3% | £934pcm |
| June 2018 | 2.5% | £896pcm |
| June 2017 | 3.2% | £874pcm |
| June 2016 | 3.8% | £846pcm |
| June 2015 | 2.1% | £815pcm |
| June 2014 | 4.3% | £799pcm |
| June 2013 | 1.7% | £766pcm |
| June 2012 | 3.1% | £753pcm |
| June 2011 | 2.7% | £730pcm |
| June 2010 | 1.5% | £711pcm |
| June 2009 | -4.1% | £700pcm |
| June 2008 | 1.6% | £730pcm |
| June 2007 | 0% | £719pcm |
Sales History
The last sale was on 16th January 2025 for £218,000 and since then the market in the area has increased by 27.7%. The postcode has had a total of 14 sales since 1995.
LN2 1LT has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jan 2025£218,000 | 3 Bed House15A, Steep Hill, Lincoln, LN2 1LT15A, Steep Hill, Lincoln, LN2 1LT
- Sold Sep 2018£265,000 | 3 Bed House17, Steep Hill, Lincoln, LN2 1LT17, Steep Hill, Lincoln, LN2 1LT
- Sold Sep 2018£248,000 | 3 Bed House15A, Steep Hill, Lincoln, LN2 1LT15A, Steep Hill, Lincoln, LN2 1LT
- Sold Nov 2017£187,000 | 3 Bed House17, Steep Hill, Lincoln, LN2 1LT17, Steep Hill, Lincoln, LN2 1LT
- Sold Apr 2017£350,000 | 4 Bed House10, Steep Hill, Lincoln, LN2 1LT10, Steep Hill, Lincoln, LN2 1LT
Nearby Postcodes
LN2 1LT is the 246th largest and the 902nd most expensive postcode out of the 1,097 postcodes in the LN2 area.
- LN2 1LZ, Ventnor Terrace, Lincoln, LN2LN2 1LZ3 Addresses|63 m away
- LN2 1LY, Christs Hospital Terrace, Lincoln, LN2LN2 1LY5 Addresses|64 m away
- LN2 1NA, Well Lane, Lincoln, LN2LN2 1NA3 Addresses|66 m away
- LN2 1NB, Danes Cottages, Lincoln, LN2LN2 1NB7 Addresses|75 m away
- LN2 1LR, Steep Hill, Lincoln, LN2LN2 1LR10 Addresses|78 m away
Property Types
- 2 period houses built between 1800 and 1911
- 3 houses of an unknown age
- 2 other addresses of unknown type
- period house (2)
- house (3)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (1)
- D (2)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Sep 2006£395,000 | 2 Bed FlatFlat 2, 36A , Steep Hill, Lincoln, LN2 1LUFlat 2, 36A , Steep Hill, Lincoln, LN2 1LU
- Sold Apr 2017£350,000 | 4 Bed House10, Steep Hill, Lincoln, LN2 1LT10, Steep Hill, Lincoln, LN2 1LT
- Sold Apr 2015£300,000 | 4 Bed House59, Steep Hill, Lincoln, LN2 1LR59, Steep Hill, Lincoln, LN2 1LR
Schools Nearby
- Westgate Academy500 m away
- The Lincoln St Peter-In-Eastgate Church of England Infants Academy600 m away
- The St Faith and St Martin Church of England Junior School, Lincoln800 m away
- Lincoln UTC300 m away
- Lincoln Christ's Hospital School1.3 km away
- Lincoln Castle Academy1.5 km away
More reading links
Public Transport Nearby
The closest station to LN2 1LT is Lincoln station, which is 800 metres away.
- Lincoln|800 m away
- Hykeham|5.8 km away
- Saxilby|9.2 km away
- Swinderby|13.0 km away
