LN8 2HN is a residential postcode situated on Church Lane, Owmby-By-Spital, Market Rasen, LN8 with 23 addresses.
It ranks as the 755th largest and 753rd 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 23 properties: 23 houses.
LN8 2HN is a residential postcode situated on Church Lane, Owmby-By-Spital, Market Rasen, LN8 with 23 addresses.
It ranks as the 755th largest and 753rd 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 23 properties: 23 houses.
Sale prices range from £214,571 for 3 bedroom freehold houses with a garden (1,224 ft2) to £489,028 for 4 bedroom freehold houses with a garden (1,905 ft2) .
Monthly rental prices range from £892 pcm for 3 bed houses to £1,741 pcm for 4 bed houses.
The gross rental yield is between 4.1% and 5.5%.
The average value per square foot is £312.
The last sale in LN8 2HN sold for £340,000 on 13th October 2025. Since then prices are down an average of 0.8%.
The current average value in the postcode is £358,407.
The LN8 2HN Sales Market has increased by 40.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.9% | £358,407 |
| April 2025 | 1.3% | £368,941 |
| April 2024 | -1.3% | £364,331 |
| April 2023 | 4.1% | £369,081 |
| April 2022 | 10.1% | £354,466 |
| April 2021 | 6.5% | £322,002 |
| April 2020 | 1.9% | £302,357 |
| April 2019 | 6% | £296,767 |
| April 2018 | 3.5% | £280,080 |
| April 2017 | 6% | £270,526 |
| April 2016 | 2.8% | £255,297 |
| April 2015 | 5.6% | £248,341 |
| April 2014 | 5% | £235,087 |
| April 2013 | 1.9% | £223,905 |
| April 2012 | 0.2% | £219,737 |
| April 2011 | -2.6% | £219,262 |
| April 2010 | 4.2% | £225,066 |
| April 2009 | -9.8% | £215,983 |
| April 2008 | 0.2% | £239,348 |
| April 2007 | 0% | £238,825 |
The current average rental value in the postcode is £1,299.
The LN8 2HN Rental Market has increased by 41.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £1,299pcm |
| April 2025 | 2.9% | £1,264pcm |
| April 2024 | 5.9% | £1,229pcm |
| April 2023 | 7.9% | £1,160pcm |
| April 2022 | 5.8% | £1,075pcm |
| April 2021 | 2.7% | £1,016pcm |
| April 2020 | 2% | £989pcm |
| April 2019 | 2.1% | £970pcm |
| April 2018 | 1.5% | £950pcm |
| April 2017 | 2.4% | £936pcm |
| April 2016 | 2.8% | £915pcm |
| April 2015 | 1.6% | £890pcm |
| April 2014 | 3.2% | £876pcm |
| April 2013 | 1.6% | £849pcm |
| April 2012 | 0.6% | £835pcm |
| April 2011 | 2% | £830pcm |
| April 2010 | 2.7% | £813pcm |
| April 2009 | -3.6% | £792pcm |
| April 2008 | 0.5% | £821pcm |
| April 2007 | 0% | £818pcm |
The last sale was on 13th October 2025 for £340,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 14 sales since 1995.
LN8 2HN has seen 1 sale in the last three years and 1 sale in the last twelve months.
LN8 2HN is the 755th largest and the 753rd most expensive postcode out of the 920 postcodes in the LN8 area.
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The closest station to LN8 2HN is Market Rasen station which is 10.7 kilometres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around LN8 2HN, 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 2HN, 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 2HN, 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 2HN, 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 2HN, 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.