South Kesteven year-on-year decreases in property sales inquiries

Homeowners Selling up – House Sale Enquiries Down 41%

Recent house sale enquiry data released by We Buy Any Home reveals property sale trends over the pandemic and last four years

Lincolnshire Property Market Trends 2018-2021

Overall, the county of Lincolnshire has seen a 5.5% increase in house sale inquiries in the last year (Jan-May 2020 vs Jan-May 2021). Since 2018, enquiries in Lincolnshire have also seen a similar pattern, with a slightly lower 2.9% increase in homeowners looking to sell their home.

Lincolnshire locations ranked as follows…

Location 2020-2021 Change (%) 2018-2021 Change (%)
West Lindsey 67% 150.00%
Lincoln 50% 39.29%
North Kesteven 27% 30.00%
South Kesteven 26% -8.33%
East Lindsey 3% 20.99%
Boston -8% -8.00%
South Holland -41% -16.67%

Why Are People in Lincolnshire Selling? (2018-2021)
Rank Reason for sale Percentage (%)

1. Selling 2nd home 16.29
2. Upsizing 15.80
3. Other 13.68
4. Retiring 10.75
5. Downsizing 10.26
6. Dream house 8.47
7. Moving / Relocating 8.31
8. Divorce/relationship break-up 5.70
9. Inheritance 5.37
10. Financial Difficulties 3.91
11. Chainbreak 1.4
12. The England locations seeing the biggest increase in house sale enquiries since 2020 are Tewkesbury, Gloucestershire (up 1100%), followed by Cambridge, Cambridgeshire (up 375%) and Broxtowe, Nottinghamshire in third (up 309%). Following Ribble Valley with the highest decrease of 53%, the areas experiencing the next most notable decrease in homeowners wanting to sell were South Hams, Devon (-50%) and Gedling, Nottinghamshire (-46%).
13. 
    Overall, the top reason homeowners in England cited when making an inquiry was due to a desire to
    upsize to a larger home (18% of enquiries). The second most likely reason was the sale of a second
    home (16%) which suggests Brits have had to focus on cutting back on unnecessary costs.
    Retirement accounted for 9% of enquiries.