Redwood Drive - LN5 9BL
Key Postcode Insights
LN5 9BL is a residential postcode situated on Redwood Drive, Waddington, Lincoln, LN5 with 21 addresses.
It ranks as the 586th largest and 440th most expensive of the 911 postcodes in the LN5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 21 properties: 21 houses.
- Ave. Sale Price
- £222,208
- 10 Year change
- up 40.5%
- Ave. Rental Price
- £1,002pcm
- 10 Year change
- up 45.1%
- Ave. £ per ft²
- £256/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
LN5 9BL is a residential postcode situated on Redwood Drive, Waddington, Lincoln, LN5 with 21 addresses.
It ranks as the 586th largest and 440th most expensive of the 911 postcodes in the LN5 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 21 properties: 21 houses.
- Ave. Sale Price
- £222,208
- 10 Year change
- up 40.5%
- Ave. Rental Price
- £1,002pcm
- 10 Year change
- up 45.1%
- Ave. £ per ft²
- £256/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin LN5 9BL
- 18 Redwood Drive
3 Bed Mid-century House
- 20 Redwood Drive
Unknown
- 22 Redwood Drive
Unknown
- 24 Redwood Drive
Unknown
- 26 Redwood Drive
Unknown
Sales Market Trends
The last sale in LN5 9BL sold for £187,500 on 10th November 2023. Since then prices are up an average of 3.6%.
The current average value in the postcode is £222,208.
The LN5 9BL Sales Market has increased by 40.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.6% | £222,208 |
| June 2025 | 4.8% | £225,921 |
| June 2024 | -0.2% | £215,635 |
| June 2023 | 0.3% | £216,130 |
| June 2022 | 7% | £215,381 |
| June 2021 | 6.6% | £201,278 |
| June 2020 | 4.6% | £188,783 |
| June 2019 | 3.7% | £180,529 |
| June 2018 | 4.1% | £174,163 |
| June 2017 | 5.8% | £167,283 |
| June 2016 | 3% | £158,155 |
| June 2015 | 2.7% | £153,520 |
| June 2014 | 7.1% | £149,430 |
| June 2013 | 3.4% | £139,538 |
| June 2012 | 0.3% | £134,975 |
| June 2011 | -1% | £134,631 |
| June 2010 | 3.3% | £136,007 |
| June 2009 | -9% | £131,642 |
| June 2008 | -0.9% | £144,664 |
| June 2007 | 0% | £145,940 |
Rental Market Trends
The current average rental value in the postcode is £1,002.
The LN5 9BL Rental Market has increased by 45.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,002pcm |
| June 2025 | -2.4% | £965pcm |
| June 2024 | 10.5% | £989pcm |
| June 2023 | 7.9% | £895pcm |
| June 2022 | 8.6% | £830pcm |
| June 2021 | 2.9% | £764pcm |
| June 2020 | 0.8% | £742pcm |
| June 2019 | 3.6% | £736pcm |
| June 2018 | 1.9% | £711pcm |
| June 2017 | 1.1% | £698pcm |
| June 2016 | 3.9% | £691pcm |
| June 2015 | 2.6% | £665pcm |
| June 2014 | 3.6% | £648pcm |
| June 2013 | 0.9% | £625pcm |
| June 2012 | 3.5% | £620pcm |
| June 2011 | 2.7% | £599pcm |
| June 2010 | 1.6% | £583pcm |
| June 2009 | -4.6% | £574pcm |
| June 2008 | 3% | £601pcm |
| June 2007 | 0% | £584pcm |
Sales History
The last sale was on 10th November 2023 for £187,500 and since then the market in the area has increased by 3.6%. The postcode has had a total of 25 sales since 1995.
LN5 9BL has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Nov 2023£187,500 | 3 Bed House42, Redwood Drive, Lincoln, LN5 9BL42, Redwood Drive, Lincoln, LN5 9BL
- Sold Apr 2021£260,000 | 4 Bed House58, Redwood Drive, Lincoln, LN5 9BL58, Redwood Drive, Lincoln, LN5 9BL
- Sold Mar 2020£162,000 | 3 Bed House50, Redwood Drive, Lincoln, LN5 9BL50, Redwood Drive, Lincoln, LN5 9BL
- Sold Jul 2019£170,000 | 3 Bed House40, Redwood Drive, Lincoln, LN5 9BL40, Redwood Drive, Lincoln, LN5 9BL
- Sold Jul 2019£140,000 | 3 Bed House38, Redwood Drive, Lincoln, LN5 9BL38, Redwood Drive, Lincoln, LN5 9BL
Nearby Postcodes
LN5 9BL is the 586th largest and the 440th most expensive postcode out of the 911 postcodes in the LN5 area.
- LN5 9BN, Redwood Drive, Waddington, Lincoln, LN5LN5 9BN66 Addresses|39 m away
- LN5 9BG, Cedar Close, Lincoln, LN5LN5 9BG15 Addresses|49 m away
- LN5 9BJ, Chestnut Grove, Waddington, Lincoln, LN5LN5 9BJ9 Addresses|84 m away
- LN5 9BX, Acacia Avenue, Waddington, Lincoln, LN5LN5 9BX18 Addresses|108 m away
- LN5 9BE, Valley Road, Waddington, Lincoln, LN5LN5 9BE22 Addresses|116 m away
Property Types
- 1 modern house built after 1980
- 11 mid-century houses built between 1936 and 1979
- 9 other addresses of unknown type
- modern house (1)
- mid-century house (11)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (1)
- C (3)
- G (0)
- D (8)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Nov 2022£274,000 | 4 Bed House59, Redwood Drive, Lincoln, LN5 9BN59, Redwood Drive, Lincoln, LN5 9BN
- Sold Apr 2021£260,000 | 4 Bed House58, Redwood Drive, Lincoln, LN5 9BL58, Redwood Drive, Lincoln, LN5 9BL
- Sold Oct 2021£253,000 | 4 Bed House99, Redwood Drive, Lincoln, LN5 9UU99, Redwood Drive, Lincoln, LN5 9UU
Schools Nearby
- Waddington Redwood Primary Academy100 m away
- The Meadows Primary School1.2 km away
- The Lincoln Manor Leas Infants School1.6 km away
- Sir Robert Pattinson Academy2.3 km away
- North Kesteven Academy2.7 km away
- The Priory Academy LSST3.0 km away
More reading links
Public Transport Nearby
The closest station to LN5 9BL is Hykeham station, which is 3.1 kilometres away.
- Hykeham|3.1 km away
- Lincoln|5.0 km away
- Swinderby|9.8 km away
- Saxilby|11.8 km away