Hemingby Lane - LN9 5PN
Key Postcode Insights
LN9 5PN is a residential postcode situated on Hemingby Lane, West Ashby, Horncastle, LN9 with 14 addresses.
It ranks as the 499th largest and 392nd most expensive of the 750 postcodes in the LN9 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 14 properties: 13 houses and 1 flat.
- Ave. Sale Price
- £250,017
- 10 Year change
- up 27.7%
- Ave. Rental Price
- £1,042pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £207/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
LN9 5PN is a residential postcode situated on Hemingby Lane, West Ashby, Horncastle, LN9 with 14 addresses.
It ranks as the 499th largest and 392nd most expensive of the 750 postcodes in the LN9 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 14 properties: 13 houses and 1 flat.
- Ave. Sale Price
- £250,017
- 10 Year change
- up 27.7%
- Ave. Rental Price
- £1,042pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £207/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin LN9 5PN
- Gippeswyk
4 Bed Mid-century House
- Heartlands
4 Bed Modern House
- Homefield
3 Bed Modern House
- New House
4 Bed Modern House
- Scotchwards
Unknown
Sales Market Trends
The last sale in LN9 5PN sold for £297,500 on 25th November 2022. Since then prices are down an average of 9.1%.
The current average value in the postcode is £250,017.
The LN9 5PN Sales Market has increased by 27.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.4% | £250,017 |
| June 2025 | -5.8% | £256,138 |
| June 2024 | 1.3% | £271,845 |
| June 2023 | -1% | £268,381 |
| June 2022 | 15.7% | £271,151 |
| June 2021 | 8.9% | £234,383 |
| June 2020 | -0.3% | £215,297 |
| June 2019 | 2% | £216,021 |
| June 2018 | 1.6% | £211,722 |
| June 2017 | 6.4% | £208,364 |
| June 2016 | 5.7% | £195,853 |
| June 2015 | 2.4% | £185,316 |
| June 2014 | 2.1% | £181,032 |
| June 2013 | 3.5% | £177,244 |
| June 2012 | 0.3% | £171,218 |
| June 2011 | -0.1% | £170,786 |
| June 2010 | -1.9% | £170,947 |
| June 2009 | -8.2% | £174,246 |
| June 2008 | -1.3% | £189,850 |
| June 2007 | 0% | £192,303 |
Rental Market Trends
The current average rental value in the postcode is £1,042.
The LN9 5PN Rental Market has increased by 56.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,042pcm |
| June 2025 | 5.7% | £1,006pcm |
| June 2024 | 5.5% | £952pcm |
| June 2023 | 8.3% | £902pcm |
| June 2022 | 6.6% | £833pcm |
| June 2021 | 8% | £782pcm |
| June 2020 | 3.6% | £724pcm |
| June 2019 | 0.8% | £698pcm |
| June 2018 | 1.6% | £693pcm |
| June 2017 | 2.1% | £682pcm |
| June 2016 | 3.7% | £668pcm |
| June 2015 | 3.3% | £644pcm |
| June 2014 | 2.8% | £624pcm |
| June 2013 | 2.5% | £607pcm |
| June 2012 | 0.5% | £592pcm |
| June 2011 | 0.7% | £589pcm |
| June 2010 | 3.7% | £585pcm |
| June 2009 | -5.3% | £565pcm |
| June 2008 | 4.3% | £596pcm |
| June 2007 | 0% | £572pcm |
Sales History
The last sale was on 25th November 2022 for £297,500 and since then the market in the area has decreased by 9.1%. The postcode has had a total of 13 sales since 1995.
LN9 5PN has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2022£297,500 | 4 Bed House26, Hemingby Lane, Horncastle, LN9 5PN26, Hemingby Lane, Horncastle, LN9 5PN
- Sold Jan 2020£116,000 | 5 Bed House9, Hemingby Lane, Horncastle, LN9 5PN9, Hemingby Lane, Horncastle, LN9 5PN
- Sold Feb 2018£137,000 | 2 Bed House22, Hemingby Lane, Horncastle, LN9 5PN22, Hemingby Lane, Horncastle, LN9 5PN
- Sold Mar 2017£232,000 | 4 Bed House26, Hemingby Lane, Horncastle, LN9 5PN26, Hemingby Lane, Horncastle, LN9 5PN
- Sold May 2008£235,000 | 4 Bed House26, Hemingby Lane, Horncastle, LN9 5PN26, Hemingby Lane, Horncastle, LN9 5PN
Nearby Postcodes
LN9 5PN is the 499th largest and the 392nd most expensive postcode out of the 750 postcodes in the LN9 area.
- LN9 5PG, Oaktree Meadow, Horncastle, LN9LN9 5PG46 Addresses|138 m away
- LN9 5EU, Hemingby Way, Horncastle, LN9LN9 5EU18 Addresses|168 m away
- LN9 5EN, Louth Road, West Ashby, Horncastle, LN9LN9 5EN91 Addresses|231 m away
- LN9 5ES, Hemingby Lane, West Ashby, Horncastle, LN9LN9 5ES8 Addresses|245 m away
- LN9 5TR, Pear Tree Close, Horncastle, LN9LN9 5TR5 Addresses|275 m away
Property Types
- 6 modern houses built after 1980
- 3 mid-century houses built between 1936 and 1979
- 5 other addresses of unknown type
- modern house (6)
- mid-century house (3)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (1)
- F (0)
- C (2)
- G (0)
- D (5)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Mar 2019£350,000 | 4 Bed HouseBain Lodge, Hemingby Lane, Horncastle, LN9 5PWBain Lodge, Hemingby Lane, Horncastle, LN9 5PW
- Sold Sep 2018£337,500 | 5 Bed HouseLapwater Farm, Hemingby Lane, Horncastle, LN9 5PWLapwater Farm, Hemingby Lane, Horncastle, LN9 5PW
- Sold Feb 2020£300,000 | 4 Bed HouseHoney Bee Cottage, Hemingby Lane, Horncastle, LN9 5PWHoney Bee Cottage, Hemingby Lane, Horncastle, LN9 5PW
Schools Nearby
- Horncastle Primary School500 m away
- The Kirkby-on-Bain Church of England Primary School8.0 km away
- The Edward Richardson Primary School, Tetford8.4 km away
- Queen Elizabeth's Grammar School, Horncastle900 m away
- The Banovallum School1.4 km away
- The Barnes Wallis Academy12.9 km away
More reading links
Public Transport Nearby
The closest station to LN9 5PN is Metheringham station, which is 20.4 kilometres away.
- Metheringham|20.4 km away
- Thorpe Culvert|23.2 km away
- Market Rasen|24.0 km away
- Wainfleet|26.2 km away