Steep Hill - LN2 1LU
Key Postcode Insights
LN2 1LU is a residential postcode situated on Steep Hill, Lincoln, LN2 with 12 addresses.
It ranks as the 449th largest and 274th most expensive of the 1,097 postcodes in the LN2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 12 properties: 4 houses and 8 flats.
- Ave. Sale Price
- £181,212
- 10 Year change
- up 26.6%
- Ave. Rental Price
- £806pcm
- 10 Year change
- up 33.1%
- Ave. £ per ft²
- £323/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
LN2 1LU is a residential postcode situated on Steep Hill, Lincoln, LN2 with 12 addresses.
It ranks as the 449th largest and 274th most expensive of the 1,097 postcodes in the LN2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 12 properties: 4 houses and 8 flats.
- Ave. Sale Price
- £181,212
- 10 Year change
- up 26.6%
- Ave. Rental Price
- £806pcm
- 10 Year change
- up 33.1%
- Ave. £ per ft²
- £323/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin LN2 1LU
- 26 Steep Hill
Building | 2 Flats
- 36A Steep Hill
Building | 4 Flats
- 36 Steep Hill
House
- 41A Steep Hill
House
- 42 Steep Hill
House
Sales Market Trends
The last sale in LN2 1LU sold for £122,040 on 30th May 2025. Since then prices are down an average of 0.4%.
The current average value in the postcode is £181,212.
The LN2 1LU Sales Market has increased by 26.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £181,212 |
| June 2025 | 3.1% | £183,096 |
| June 2024 | -1.9% | £177,666 |
| June 2023 | 0.3% | £181,058 |
| June 2022 | 6.4% | £180,517 |
| June 2021 | 7.3% | £169,581 |
| June 2020 | 0.8% | £158,115 |
| June 2019 | 2.8% | £156,936 |
| June 2018 | 3.4% | £152,590 |
| June 2017 | 3.1% | £147,639 |
| June 2016 | 3.6% | £143,181 |
| June 2015 | 2.9% | £138,197 |
| June 2014 | 6.1% | £134,342 |
| June 2013 | 2.5% | £126,630 |
| June 2012 | -1% | £123,485 |
| June 2011 | -0.7% | £124,758 |
| June 2010 | 2.9% | £125,630 |
| June 2009 | -8.8% | £122,134 |
| June 2008 | -2.3% | £133,861 |
| June 2007 | 0% | £137,071 |
Rental Market Trends
The current average rental value in the postcode is £806.
The LN2 1LU Rental Market has increased by 33.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £806pcm |
| June 2025 | -2.6% | £771pcm |
| June 2024 | 8.4% | £792pcm |
| June 2023 | 9.4% | £731pcm |
| June 2022 | 1.3% | £668pcm |
| June 2021 | 1.9% | £660pcm |
| June 2020 | 0.6% | £647pcm |
| June 2019 | 3.4% | £643pcm |
| June 2018 | 0.7% | £622pcm |
| June 2017 | 1.9% | £618pcm |
| June 2016 | 2.6% | £606pcm |
| June 2015 | 1.6% | £590pcm |
| June 2014 | 3.3% | £581pcm |
| June 2013 | 1.7% | £563pcm |
| June 2012 | 1.7% | £553pcm |
| June 2011 | 1.9% | £544pcm |
| June 2010 | -0.9% | £534pcm |
| June 2009 | -5.4% | £539pcm |
| June 2008 | 1.1% | £570pcm |
| June 2007 | 0% | £564pcm |
Sales History
The last sale was on 30th May 2025 for £122,040 and since then the market in the area has decreased by 0.4%. The postcode has had a total of 9 sales since 1995.
LN2 1LU has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold May 2025£122,040 | 1 Bed FlatFlat 3, 36A , Steep Hill, Lincoln, LN2 1LUFlat 3, 36A , Steep Hill, Lincoln, LN2 1LU
- Sold May 2025£157,960 | 1 Bed FlatFlat 4, 36A , Steep Hill, Lincoln, LN2 1LUFlat 4, 36A , Steep Hill, Lincoln, LN2 1LU
- Sold Aug 2022£170,000 | 2 Bed FlatFlat 1, 36A , Steep Hill, Lincoln, LN2 1LUFlat 1, 36A , Steep Hill, Lincoln, LN2 1LU
- Sold Aug 2020£150,000 | 2 Bed FlatFlat 1, 36A , Steep Hill, Lincoln, LN2 1LUFlat 1, 36A , Steep Hill, Lincoln, LN2 1LU
- Sold Sep 2017£190,000 | 2 Bed FlatFlat 2, 36A , Steep Hill, Lincoln, LN2 1LUFlat 2, 36A , Steep Hill, Lincoln, LN2 1LU
Nearby Postcodes
LN2 1LU is the 449th largest and the 274th most expensive postcode out of the 1,097 postcodes in the LN2 area.
- LN2 1LY, Christs Hospital Terrace, Lincoln, LN2LN2 1LY5 Addresses|43 m away
- LN2 1PX, Minster Yard, Lincoln, LN2LN2 1PX11 Addresses|69 m away
- LN2 1PZ, Exchequer Gate, Lincoln, LN2LN2 1PZ3 Addresses|75 m away
- LN2 1LT, Steep Hill, Lincoln, LN2LN2 1LT7 Addresses|101 m away
- LN2 1PY, Minster Yard, Lincoln, LN2LN2 1PY9 Addresses|115 m away
Property Types
- 1 period house built between 1800 and 1911
- 11 other addresses of unknown type
- period house (1)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is E.
- A (0)
- E (3)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (7)
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 Academy400 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, Lincoln700 m away
- Lincoln UTC300 m away
- Lincoln Christ's Hospital School1.3 km away
- Lincoln Castle Academy1.4 km away
More reading links
Public Transport Nearby
The closest station to LN2 1LU is Lincoln station, which is 900 metres away.
- Lincoln|900 m away
- Hykeham|5.8 km away
- Saxilby|9.1 km away
- Swinderby|13.1 km away
