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The WAN (Wide Area Network) IP is the ip address associated with the outside-facing network port; whereas, the LAN (Local Area Network) IP is the ip address associated with the inside-facing network port.n this case, the LAN IP would be the ip address of the router with which your local network pc's communicate. Source(s): Many years of LAN/WAN experience :). The Sinister Minister Â· 6 years ago.
'IP' (Internet Protocol) is the method used for sending and receiving information over the Internet. Any device that is required to communicate over the Internet is assigned a 32-bit number, its IP address, which uniquely identifies it to other devices.