LN8 2DR is a residential postcode situated on Fen Road, Owmby-By-Spital, Market Rasen, LN8 with 3 addresses.
It ranks as the 126th largest and 890th most expensive of the 920 postcodes in the LN8 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
LN8 2DR is a residential postcode situated on Fen Road, Owmby-By-Spital, Market Rasen, LN8 with 3 addresses.
It ranks as the 126th largest and 890th most expensive of the 920 postcodes in the LN8 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
Sale prices range from £508,942 for 4 bedroom freehold houses with a garden (1,593 ft2) to £740,114 for 5 bedroom freehold houses with a garden (3,100 ft2) .
Monthly rental prices range from £1,719 pcm for 4 bed houses to £2,568 pcm for 5 bed houses.
The gross rental yield is between 4.1% and 4.2%.
The average value per square foot is £299.
The last sale in LN8 2DR sold for £395,000 on 23rd January 2018. Since then prices are up an average of 28.7%.
The current average value in the postcode is £599,697.
The LN8 2DR Sales Market has increased by 40.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.8% | £599,697 |
| April 2025 | 0.9% | £623,212 |
| April 2024 | -1.1% | £617,507 |
| April 2023 | 4.3% | £624,391 |
| April 2022 | 9.7% | £598,484 |
| April 2021 | 6.5% | £545,335 |
| April 2020 | 1.9% | £512,062 |
| April 2019 | 6.2% | £502,422 |
| April 2018 | 3.9% | £473,084 |
| April 2017 | 6.5% | £455,200 |
| April 2016 | 3% | £427,508 |
| April 2015 | 5.3% | £415,083 |
| April 2014 | 4.3% | £394,300 |
| April 2013 | 2.7% | £377,894 |
| April 2012 | 0.4% | £368,107 |
| April 2011 | -1.9% | £366,555 |
| April 2010 | 4.6% | £373,711 |
| April 2009 | -9.4% | £357,325 |
| April 2008 | 1.2% | £394,304 |
| April 2007 | 0% | £389,695 |
The current average rental value in the postcode is £2,049.
The LN8 2DR Rental Market has increased by 41.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.8% | £2,049pcm |
| April 2025 | 2.5% | £2,013pcm |
| April 2024 | 6.1% | £1,963pcm |
| April 2023 | 8.1% | £1,850pcm |
| April 2022 | 5.5% | £1,712pcm |
| April 2021 | 2.7% | £1,622pcm |
| April 2020 | 2% | £1,579pcm |
| April 2019 | 2.3% | £1,548pcm |
| April 2018 | 1.9% | £1,513pcm |
| April 2017 | 2.8% | £1,486pcm |
| April 2016 | 3% | £1,444pcm |
| April 2015 | 1.3% | £1,403pcm |
| April 2014 | 2.6% | £1,385pcm |
| April 2013 | 2.3% | £1,350pcm |
| April 2012 | 0.8% | £1,319pcm |
| April 2011 | 2.7% | £1,308pcm |
| April 2010 | 3.1% | £1,273pcm |
| April 2009 | -3.1% | £1,235pcm |
| April 2008 | 1.4% | £1,276pcm |
| April 2007 | 0% | £1,258pcm |
The last sale was on 23rd January 2018 for £395,000 and since then the market in the area has increased by 28.7%. The postcode has had a total of 4 sales since 1995.
LN8 2DR has seen no sales in the last three years and no sales in the last twelve months.
LN8 2DR is the 126th largest and the 890th most expensive postcode out of the 920 postcodes in the LN8 area.
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The closest station to LN8 2DR is Market Rasen station which is 9.1 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around LN8 2DR, 39.5% of property is privately owned outright and 29.3% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around LN8 2DR, 15.1% of residents are recorded as possessing school level qualifications and 34.6% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around LN8 2DR, the average age was 46.3 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around LN8 2DR, 0.3% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around LN8 2DR, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.