LN2 2PE is a residential postcode situated on Mill Hill, Nettleham, Lincoln, LN2 with 9 addresses.
It ranks as the 343rd largest and 811th most expensive of the 1,092 postcodes in the LN2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 9 properties: 9 houses.
LN2 2PE is a residential postcode situated on Mill Hill, Nettleham, Lincoln, LN2 with 9 addresses.
It ranks as the 343rd largest and 811th most expensive of the 1,092 postcodes in the LN2 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 9 properties: 9 houses.
Sale prices range from £260,045 for 3 bedroom freehold houses with a garden (1,082 ft2) to £639,820 for 5 bedroom freehold houses with a garden (2,551 ft2) .
Monthly rental prices range from £1,119 pcm for 3 bed houses to £1,793 pcm for 5 bed houses.
The gross rental yield is between 3.3% and 5.2%.
The average value per square foot is £252.
The last sale in LN2 2PE sold for £561,551 on 1st December 2022. Since then prices are down an average of 2.2%.
The current average value in the postcode is £412,093.
The LN2 2PE Sales Market has increased by 36.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.8% | £412,093 |
| April 2025 | 2.5% | £424,028 |
| April 2024 | -1.4% | £413,816 |
| April 2023 | 2.6% | £419,752 |
| April 2022 | 7.6% | £409,282 |
| April 2021 | 7.5% | £380,206 |
| April 2020 | 2.2% | £353,553 |
| April 2019 | 6% | £345,875 |
| April 2018 | 3.1% | £326,332 |
| April 2017 | 4.9% | £316,585 |
| April 2016 | 4.5% | £301,682 |
| April 2015 | 5.2% | £288,788 |
| April 2014 | 5.2% | £274,624 |
| April 2013 | 4.6% | £261,014 |
| April 2012 | 0% | £249,434 |
| April 2011 | 0.8% | £249,499 |
| April 2010 | 5.5% | £247,503 |
| April 2009 | -10.9% | £234,622 |
| April 2008 | 2% | £263,183 |
| April 2007 | 0% | £258,049 |
The current average rental value in the postcode is £1,364.
The LN2 2PE Rental Market has increased by 37.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £1,364pcm |
| April 2025 | -2.1% | £1,335pcm |
| April 2024 | 7.4% | £1,364pcm |
| April 2023 | 10.3% | £1,269pcm |
| April 2022 | 1.1% | £1,151pcm |
| April 2021 | 3.8% | £1,138pcm |
| April 2020 | 0.8% | £1,097pcm |
| April 2019 | 4.1% | £1,088pcm |
| April 2018 | 2.1% | £1,046pcm |
| April 2017 | 3.2% | £1,024pcm |
| April 2016 | 3.8% | £992pcm |
| April 2015 | 2.5% | £956pcm |
| April 2014 | 4% | £933pcm |
| April 2013 | 3.5% | £897pcm |
| April 2012 | 3% | £867pcm |
| April 2011 | 2.7% | £841pcm |
| April 2010 | 1.1% | £820pcm |
| April 2009 | -5.3% | £811pcm |
| April 2008 | 5.2% | £856pcm |
| April 2007 | 0% | £814pcm |
The last sale was on 1st December 2022 for £561,551 and since then the market in the area has decreased by 2.2%. The postcode has had a total of 15 sales since 1995.
LN2 2PE has seen no sales in the last three years and no sales in the last twelve months.
LN2 2PE is the 343rd largest and the 811th most expensive postcode out of the 1,092 postcodes in the LN2 area.
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The closest station to LN2 2PE is Lincoln station which is 5.5 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around LN2 2PE, 65.3% of property is privately owned outright and 22.2% 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 LN2 2PE, 12.1% of residents are recorded as possessing school level qualifications and 47.7% 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 LN2 2PE, the average age was 46.5 and the most common age was 72.
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 LN2 2PE, 1.4% 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 LN2 2PE, there are an average of 1.5 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.