Market Place - LN8 3HJ
Key Postcode Insights
LN8 3HJ is a residential postcode situated on Market Place, Wragby, Market Rasen, LN8 with 12 addresses.
It ranks as the 553rd largest and 41st most expensive of the 920 postcodes in the LN8 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 12 properties: 1 house and 11 flats.
- Ave. Sale Price
- £114,401
- 10 Year change
- up 38.5%
- Ave. Rental Price
- £515pcm
- 10 Year change
- up 41.1%
- Ave. £ per ft²
- £48/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
LN8 3HJ is a residential postcode situated on Market Place, Wragby, Market Rasen, LN8 with 12 addresses.
It ranks as the 553rd largest and 41st most expensive of the 920 postcodes in the LN8 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 12 properties: 1 house and 11 flats.
- Ave. Sale Price
- £114,401
- 10 Year change
- up 38.5%
- Ave. Rental Price
- £515pcm
- 10 Year change
- up 41.1%
- Ave. £ per ft²
- £48/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin LN8 3HJ
- The Barn
2 Bed Period House
- The Old Bank House
9 Units
- 7A Market Place
3 Bed Period Flat
- First Floor Flat
Unknown
Sales Market Trends
The last sale in LN8 3HJ sold for £150,000 on 14th August 2025. Since then prices are up an average of 33.8%.
The current average value in the postcode is £114,401.
The LN8 3HJ Sales Market has increased by 38.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £114,401 |
| June 2025 | -1.6% | £114,373 |
| June 2024 | 1.6% | £116,251 |
| June 2023 | 0% | £114,453 |
| June 2022 | 12% | £114,448 |
| June 2021 | 4.2% | £102,191 |
| June 2020 | 2.2% | £98,082 |
| June 2019 | 5.9% | £96,002 |
| June 2018 | 3.2% | £90,634 |
| June 2017 | 6.3% | £87,795 |
| June 2016 | -1.1% | £82,598 |
| June 2015 | 5.4% | £83,515 |
| June 2014 | 6% | £79,251 |
| June 2013 | -1.7% | £74,794 |
| June 2012 | 0.1% | £76,121 |
| June 2011 | -3.8% | £76,029 |
| June 2010 | 4.4% | £79,030 |
| June 2009 | -8.8% | £75,667 |
| June 2008 | -5.2% | £82,954 |
| June 2007 | 0% | £87,508 |
Rental Market Trends
The current average rental value in the postcode is £515.
The LN8 3HJ Rental Market has increased by 41.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.2% | £515pcm |
| June 2025 | 2.6% | £490pcm |
| June 2024 | 7% | £478pcm |
| June 2023 | 5.5% | £447pcm |
| June 2022 | 7.9% | £423pcm |
| June 2021 | 3.1% | £392pcm |
| June 2020 | 1% | £381pcm |
| June 2019 | 0.9% | £377pcm |
| June 2018 | 0.5% | £373pcm |
| June 2017 | 1.8% | £372pcm |
| June 2016 | 1.5% | £365pcm |
| June 2015 | -0.4% | £360pcm |
| June 2014 | 4.2% | £361pcm |
| June 2013 | -2.5% | £347pcm |
| June 2012 | 0.3% | £356pcm |
| June 2011 | 2% | £355pcm |
| June 2010 | 1.3% | £348pcm |
| June 2009 | 0% | £343pcm |
| June 2008 | -10% | £343pcm |
| June 2007 | 0% | £381pcm |
Sales History
The last sale was on 14th August 2025 for £150,000 and since then the market in the area has increased by 33.8%. The postcode has had a total of 8 sales since 1995.
LN8 3HJ has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£150,000 | 3 Bed Flat7A, Market Place, Market Rasen, LN8 3HJ7A, Market Place, Market Rasen, LN8 3HJ
- Sold Feb 2016£68,000 | 2 Bed HouseThe Barn, Rear Of 11, Market Place, Market Rasen, LN8 3HJThe Barn, Rear Of 11, Market Place, Market Rasen, LN8 3HJ
- Sold Jan 2015£60,000 | 3 Bed Flat7A, Market Place, Market Rasen, LN8 3HJ7A, Market Place, Market Rasen, LN8 3HJ
- Sold Apr 2013£160,000 | 2 Bed HouseThe Barn, Rear Of 11, Market Place, Market Rasen, LN8 3HJThe Barn, Rear Of 11, Market Place, Market Rasen, LN8 3HJ
- Sold Jan 2010£79,950 | 2 Bed HouseThe Barn, Rear Of 11, Market Place, Market Rasen, LN8 3HJThe Barn, Rear Of 11, Market Place, Market Rasen, LN8 3HJ
Nearby Postcodes
LN8 3HJ is the 553rd largest and the 41st most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 3HL, Market Place, Wragby, Market Rasen, LN8LN8 3HL2 Addresses|57 m away
- LN8 3HQ, Coach House Court, Market Rasen, LN8LN8 3HQ5 Addresses|77 m away
- LN8 3BG, Mill Street, Market Rasen, LN8LN8 3BG8 Addresses|82 m away
- LN8 3HH, John Street, Market Rasen, LN8LN8 3HH13 Addresses|85 m away
- LN8 3HN, George Street, Market Rasen, LN8LN8 3HN9 Addresses|87 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 period flat built between 1800 and 1911
- 10 other addresses of unknown type
- period house (1)
- period flat (1)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Sep 2016£325,000 | 4 Bed HouseThe Old Bakehouse, Market Place, Market Rasen, LN8 5QUThe Old Bakehouse, Market Place, Market Rasen, LN8 5QU
- Sold Jan 2022£285,000 | 4 Bed House1 The Hangers, Red Lion Yard, Market Place, Market Rasen, LN8 5QU1 The Hangers, Red Lion Yard, Market Place, Market Rasen, LN8 5QU
- Sold Sep 2021£275,000 | 4 Bed House2 The Hangers, Red Lion Yard, Market Place, Market Rasen, LN8 5QU2 The Hangers, Red Lion Yard, Market Place, Market Rasen, LN8 5QU
Schools Nearby
- The Market Rasen Church of England Primary School200 m away
- The Middle Rasen Primary School1.9 km away
- Osgodby Primary School4.7 km away
- De Aston School900 m away
- Caistor Grammar School12.2 km away
- Caistor Yarborough Academy12.4 km away
More reading links
Public Transport Nearby
The closest station to LN8 3HJ is Market Rasen station, which is 300 metres away.
- Market Rasen|300 m away
- Kirton Lindsey|20.1 km away
- Brigg|20.5 km away
- Barnetby|21.3 km away
