Key indicators for buyers
The LN11 market is moderately favourable for buyers. Prices are rising at 7.3%, which may favour acting sooner rather than later. Affordability has improved from a peak of 8.2x in 2007 to 7.0x today. Rising rents (£669/mo, +2.1%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider East Lindsey area
A home in East Lindsey costs 7.0x the local median salary — moderate, improving from a peak of 8.2x in 2007.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider East Lindsey area
Average monthly rent in East Lindsey is £669, up 2.1% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average East Lindsey price of £271,500 with a 25% deposit (£68k), a 2-year fixed mortgage at 3.97% costs around £1,071 per month.
Monthly cost comparison based on current data
Uses LN11 avg. price with East Lindsey rental data
Monthly mortgage payments (£1,071) are £402 more than renting (£669). However, buying requires an upfront deposit of £68k — it would take around 24 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
9, STAPES GARTH, GRAINTHORPE LN11 7FD | Detached | £299,000 | 19 Jan 2026 |
5, GLADIATOR ROAD, GRIMOLDBY LN11 8UL | Terraced | £160,000 | 12 Jan 2026 |
3, MEADOW CLOSE, GRIMOLDBY LN11 8HY | Detached | £200,000 | 9 Jan 2026 |
FIELD FARM HOUSE, CHAPEL LANE, SOUTH COCKERINGTON LN11 7EB | Detached | £427,000 | 6 Jan 2026 |
GREYTON LODGE, NEWBRIDGE LANE, COVENHAM ST MARY LN11 0PQ | Detached | £480,000 | 19 Dec 2025 |
4, CONKER GROVE LN11 7BY | Detached | £267,500 | 19 Dec 2025 |
9, PARSONS HALT LN11 0UB |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in LN11 sold for £271,500 in 2026, with a median of £249,500 across 4 transactions. Prices rose 7.3% compared to the previous year.
| Terraced |
| £173,000 |
| 19 Dec 2025 |
GRIMBLETHORPE HOUSE, GRIMBLETHORPE LN11 0RB | Detached | £555,000 | 19 Dec 2025 |
GATEHOUSE, NORTH END, SALTFLEETBY LN11 7SP | Detached | £240,000 | 19 Dec 2025 |
6, ALPHA TERRACE LN11 9BD | Semi-detached | £227,500 | 19 Dec 2025 |
10D, UPGATE LN11 9ET | Flat/Maisonette | £91,000 | 19 Dec 2025 |
101, UPGATE LN11 9HF | Detached | £99,000 | 18 Dec 2025 |
2, JACKLIN CLOSE, GRAINTHORPE LN11 7HA | Detached | £169,995 | 18 Dec 2025 |
16, BUDDLEIA DRIVE LN11 8FX | Detached | £336,000 | 16 Dec 2025 |
WATER HOUSE, WATERY LANE, GOULCEBY LN11 9UR | Detached | £295,000 | 16 Dec 2025 |
TUPMARSH, WRAGHOLME ROAD, GRAINTHORPE LN11 7JD | Detached | £299,950 | 15 Dec 2025 |
5, TENNYSON ROAD LN11 9HZ | Terraced | £158,500 | 12 Dec 2025 |
3, TRINITY LANE LN11 8DL | Terraced | £133,000 | 12 Dec 2025 |
JOURNEYS END, HIGH STREET, GRAINTHORPE LN11 7JA | Detached | £375,000 | 12 Dec 2025 |
ORMOND LODGE, MILL HILL WAY, SOUTH COCKERINGTON LN11 7EG | Detached | £250,000 | 11 Dec 2025 |
The most recent recorded sale in LN11 was a detached property on Stapes Garth for £299,000 in January 2026. Across the last 20 sales, the median price was £250,000.