LN2 3SP is a residential postcode situated on The Granthams, Dunholme, Lincoln, LN2 with 25 addresses.
It ranks as the 803rd largest and 622nd 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 25 properties: 25 houses.
LN2 3SP is a residential postcode situated on The Granthams, Dunholme, Lincoln, LN2 with 25 addresses.
It ranks as the 803rd largest and 622nd 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 25 properties: 25 houses.
Sale prices range from £222,129 for 3 bedroom freehold houses with a garden (818 ft2) to £325,949 for 4 bedroom freehold houses with a garden (1,657 ft2) .
Monthly rental prices range from £1,024 pcm for 3 bed houses to £1,339 pcm for 4 bed houses.
The gross rental yield is between 4.9% and 5.5%.
The average value per square foot is £246.
The last sale in LN2 3SP sold for £190,000 on 9th May 2024. Since then prices are down an average of 1.8%.
The current average value in the postcode is £261,018.
The LN2 3SP Sales Market has increased by 37.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -2.2% | £261,018 |
| May 2025 | 2.3% | £266,912 |
| May 2024 | -1.9% | £261,032 |
| May 2023 | 1.8% | £265,960 |
| May 2022 | 9.6% | £261,357 |
| May 2021 | 7.8% | £238,473 |
| May 2020 | 3% | £221,319 |
| May 2019 | 3.3% | £214,874 |
| May 2018 | 4.4% | £207,976 |
| May 2017 | 4.8% | £199,290 |
| May 2016 | 4.9% | £190,176 |
| May 2015 | 4.7% | £181,280 |
| May 2014 | 5.8% | £173,158 |
| May 2013 | 2.1% | £163,667 |
| May 2012 | -0.4% | £160,365 |
| May 2011 | 0.5% | £160,983 |
| May 2010 | 7.2% | £160,239 |
| May 2009 | -10% | £149,534 |
| May 2008 | -1% | £166,068 |
| May 2007 | 0% | £167,678 |
The current average rental value in the postcode is £1,144.
The LN2 3SP Rental Market has increased by 51.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.9% | £1,144pcm |
| May 2025 | 3.3% | £1,112pcm |
| May 2024 | 6.6% | £1,077pcm |
| May 2023 | 8.6% | £1,010pcm |
| May 2022 | 6.6% | £930pcm |
| May 2021 | 5.3% | £872pcm |
| May 2020 | 2.2% | £829pcm |
| May 2019 | 1.8% | £811pcm |
| May 2018 | 2.4% | £797pcm |
| May 2017 | 3.2% | £778pcm |
| May 2016 | 3.4% | £754pcm |
| May 2015 | 2.7% | £730pcm |
| May 2014 | 3.1% | £711pcm |
| May 2013 | 1.4% | £689pcm |
| May 2012 | 2.8% | £680pcm |
| May 2011 | 2.1% | £662pcm |
| May 2010 | 1.3% | £648pcm |
| May 2009 | -2.4% | £640pcm |
| May 2008 | 2.8% | £656pcm |
| May 2007 | 0% | £638pcm |
The last sale was on 9th May 2024 for £190,000 and since then the market in the area has decreased by 1.8%. The postcode has had a total of 17 sales since 1995.
LN2 3SP has seen 1 sale in the last three years and no sales in the last twelve months.
LN2 3SP is the 803rd largest and the 622nd most expensive postcode out of the 1,092 postcodes in the LN2 area.
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The closest station to LN2 3SP is Lincoln station which is 9.3 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around LN2 3SP, 63.2% of property is privately owned outright and 28.0% 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 3SP, 14.7% of residents are recorded as possessing school level qualifications and 26.5% 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 3SP, the average age was 43.8 and the most common age was 52.
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 3SP, 0.0% 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 3SP, 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.