LN5 8NR is a residential postcode situated on Fairfax Street, Lincoln, LN5 with 87 addresses.
It ranks as the 906th largest and 229th most expensive of the 909 postcodes in the LN5 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 87 properties: 59 houses and 28 flats.
LN5 8NR is a residential postcode situated on Fairfax Street, Lincoln, LN5 with 87 addresses.
It ranks as the 906th largest and 229th most expensive of the 909 postcodes in the LN5 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 87 properties: 59 houses and 28 flats.
Sale prices range from £100,887 for 2 bedroom leasehold flats (570 ft2) to £242,426 for 4 bedroom freehold houses with a garden (1,205 ft2) .
Monthly rental prices range from £655 pcm for 2 bed flats to £1,071 pcm for 4 bed houses.
The gross rental yield is between 5.3% and 7.8%.
The average value per square foot is £213.
The last sale in LN5 8NR sold for £155,000 on 19th December 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £136,480.
The LN5 8NR Sales Market has increased by 34.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.2% | £136,480 |
| April 2025 | 4.6% | £139,534 |
| April 2024 | -0.6% | £133,371 |
| April 2023 | 1.2% | £134,129 |
| April 2022 | 6.1% | £132,485 |
| April 2021 | 7.1% | £124,828 |
| April 2020 | 2.2% | £116,558 |
| April 2019 | 4.5% | £114,082 |
| April 2018 | 2.4% | £109,131 |
| April 2017 | 5.3% | £106,620 |
| April 2016 | 2.4% | £101,280 |
| April 2015 | 2.5% | £98,928 |
| April 2014 | 7.1% | £96,524 |
| April 2013 | 4% | £90,147 |
| April 2012 | -1.5% | £86,699 |
| April 2011 | -2.6% | £87,981 |
| April 2010 | 0.4% | £90,298 |
| April 2009 | -10.3% | £89,919 |
| April 2008 | 0.2% | £100,235 |
| April 2007 | 0% | £100,055 |
The current average rental value in the postcode is £765.
The LN5 8NR Rental Market has increased by 36.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £765pcm |
| April 2025 | -1.3% | £743pcm |
| April 2024 | 9.7% | £752pcm |
| April 2023 | 7.8% | £686pcm |
| April 2022 | 7% | £636pcm |
| April 2021 | 1.4% | £595pcm |
| April 2020 | 0.9% | £587pcm |
| April 2019 | 3.3% | £581pcm |
| April 2018 | 0.4% | £563pcm |
| April 2017 | 0% | £561pcm |
| April 2016 | 3.6% | £560pcm |
| April 2015 | 2.2% | £541pcm |
| April 2014 | 3.5% | £529pcm |
| April 2013 | 1.5% | £512pcm |
| April 2012 | 2.2% | £504pcm |
| April 2011 | 2.4% | £494pcm |
| April 2010 | -2% | £482pcm |
| April 2009 | -5.3% | £492pcm |
| April 2008 | 3.7% | £520pcm |
| April 2007 | 0% | £501pcm |
The last sale was on 19th December 2025 for £155,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 146 sales since 1995.
LN5 8NR has seen 15 sales in the last three years and 4 sales in the last twelve months.
LN5 8NR is the 906th largest and the 229th most expensive postcode out of the 909 postcodes in the LN5 area.
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The closest station to LN5 8NR is Lincoln station which is 2.2 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around LN5 8NR, 50.0% of property is privately rented and 30.1% 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 LN5 8NR, 19.9% of residents are recorded as possessing school level qualifications and 31.3% 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 LN5 8NR, the average age was 36.9 and the most common age was 32.
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 LN5 8NR, 0.2% 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 LN5 8NR, there are an average of 0.9 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
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.