LN9 5JZ is a residential postcode situated on Martin, Horncastle, LN9 with 8 addresses.
It ranks as the 233rd largest and 219th most expensive of the 568 postcodes in the LN9 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 8 properties: 8 houses.
LN9 5JZ is a residential postcode situated on Martin, Horncastle, LN9 with 8 addresses.
It ranks as the 233rd largest and 219th most expensive of the 568 postcodes in the LN9 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 8 properties: 8 houses.
Sale prices range from £156,400 for 3 bedroom freehold houses with a garden (1,065 ft2) to £228,006 for 3 bedroom freehold houses with a garden (1,227 ft2) .
Monthly rental prices range from £792 pcm for 3 bed houses to £1,062 pcm for 3 bed houses.
The gross rental yield is between 5.6% and 6.1%.
The average value per square foot is £186.
The last sale in LN9 5JZ sold for £115,000 on 2nd November 2015. Since then prices are up an average of 37.6%.
The current average value in the postcode is £204,500.
The LN9 5JZ Sales Market has increased by 33.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.4% | £204,500 |
| April 2025 | 0.5% | £211,615 |
| April 2024 | -2.1% | £210,475 |
| April 2023 | 2.6% | £214,983 |
| April 2022 | 13.2% | £209,548 |
| April 2021 | 7.5% | £185,184 |
| April 2020 | -0.1% | £172,193 |
| April 2019 | 1.4% | £172,314 |
| April 2018 | 3.9% | £169,879 |
| April 2017 | 7.1% | £163,537 |
| April 2016 | 8.2% | £152,766 |
| April 2015 | 1.7% | £141,127 |
| April 2014 | 3% | £138,758 |
| April 2013 | 4.7% | £134,668 |
| April 2012 | -1.5% | £128,565 |
| April 2011 | -0.8% | £130,463 |
| April 2010 | 2.6% | £131,476 |
| April 2009 | -11% | £128,084 |
| April 2008 | -1.1% | £143,928 |
| April 2007 | 0% | £145,505 |
The current average rental value in the postcode is £973.
The LN9 5JZ Rental Market has increased by 39.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £973pcm |
| April 2025 | 5.3% | £946pcm |
| April 2024 | 3.6% | £898pcm |
| April 2023 | 6.7% | £866pcm |
| April 2022 | 8.4% | £812pcm |
| April 2021 | 3.2% | £749pcm |
| April 2020 | 1% | £726pcm |
| April 2019 | -0.6% | £719pcm |
| April 2018 | 0.7% | £723pcm |
| April 2017 | 2.5% | £718pcm |
| April 2016 | 3.2% | £700pcm |
| April 2015 | 2.6% | £679pcm |
| April 2014 | 2.6% | £661pcm |
| April 2013 | 3.7% | £645pcm |
| April 2012 | 0.5% | £622pcm |
| April 2011 | 2.1% | £619pcm |
| April 2010 | 6.7% | £606pcm |
| April 2009 | -6.1% | £568pcm |
| April 2008 | 5.7% | £605pcm |
| April 2007 | 0% | £572pcm |
The last sale was on 2nd November 2015 for £115,000 and since then the market in the area has increased by 37.6%. The postcode has had a total of 3 sales since 1995.
LN9 5JZ has seen no sales in the last three years and no sales in the last twelve months.
LN9 5JZ is the 233rd largest and the 219th most expensive postcode out of the 568 postcodes in the LN9 area.
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The closest station to LN9 5JZ is Metheringham station which is 17.1 kilometres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 LN9 5JZ, 63.4% of property is privately owned outright and 16.3% 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 LN9 5JZ, 7.1% of residents are recorded as possessing school level qualifications and 27.0% 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 LN9 5JZ, the average age was 49.5 and the most common age was 57.
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 LN9 5JZ, 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 LN9 5JZ, 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.