Key indicators for buyers
The LN5 market looks favourable for buyers. Prices have softened (-12.7%), which could present a buying opportunity. Affordability has improved from a peak of 6.1x in 2021 to 5.2x today. Rising rents (£944/mo, +7.2%) 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 Lincoln area
A home in Lincoln costs 5.2x the local median salary — moderate, improving from a peak of 6.1x in 2021.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Lincoln area
Average monthly rent in Lincoln is £944, up 7.2% 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 Lincoln price of £199,346 with a 25% deposit (£50k), a 2-year fixed mortgage at 3.97% costs around £787 per month.
Monthly cost comparison based on current data
Uses LN5 avg. price with Lincoln rental data
Monthly mortgage payments (£787) are £157 less than renting (£944). However, buying requires an upfront deposit of £50k — it would take around 7 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
94, FOSTER STREET LN5 7QF | Terraced | £145,000 | 22 Jan 2026 |
24, SIBTHORP STREET LN5 7SH | Terraced | £192,500 | 19 Jan 2026 |
UNIT 31, LINCOLN ENTERPRISE PARK, NEWARK ROAD, AUBOURN LN5 9FP | Other | £250,000 | 19 Jan 2026 |
38, LITTLE BARGATE STREET LN5 8JL | Terraced | £110,000 | 16 Jan 2026 |
3, CRAVEN MEWS LN5 8EJ | Semi-detached | £130,000 | 16 Jan 2026 |
273, CALDER ROAD LN5 9TJ | Detached | £300,000 | 16 Jan 2026 |
46, DONCASTER GARDENS, NAVENBY LN5 0TQ | Detached |
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 LN5 sold for £199,346 in 2026, with a median of £192,500 across 13 transactions. Prices fell 12.7% compared to the previous year.
| £350,000 |
| 13 Jan 2026 |
21, GAUNT STREET LN5 7PU | Terraced | £125,000 | 9 Jan 2026 |
21, SHERWOOD DRIVE, WADDINGTON LN5 9DD | Detached | £213,000 | 8 Jan 2026 |
12, ALTHAM TERRACE LN5 8DN | Terraced | £250,000 | 8 Jan 2026 |
3, BLACKS CLOSE, WADDINGTON LN5 9SG | Semi-detached | £190,000 | 5 Jan 2026 |
10, THORSBY CLOSE, WADDINGTON LN5 9DF | Detached | £211,000 | 5 Jan 2026 |
12, BELL STREET LN5 8AX | Terraced | £125,000 | 5 Jan 2026 |
75, FAIRFAX STREET LN5 8NR | Terraced | £155,000 | 19 Dec 2025 |
17, HIGH STREET, CARLTON LE MOORLAND LN5 9HT | Detached | £307,500 | 19 Dec 2025 |
3, THE RISE, NAVENBY LN5 0JN | Detached | £361,500 | 19 Dec 2025 |
65, FLEETWOOD ROAD, WADDINGTON LN5 9ZE | Terraced | £215,000 | 19 Dec 2025 |
BAYTREE HOUSE, RECTORY STREET, BECKINGHAM LN5 0RG | Detached | £500,000 | 19 Dec 2025 |
10, DOVECOTE LANE, COLEBY LN5 0AD | Detached | £465,000 | 19 Dec 2025 |
159, RIVERSIDE DRIVE LN5 7NZ | Flat/Maisonette | £96,500 | 19 Dec 2025 |
The most recent recorded sale in LN5 was a terraced property on Foster Street for £145,000 in January 2026. Across the last 20 sales, the median price was £213,000.