Market Place - LN8 3HL
Key Postcode Insights
LN8 3HL is a residential postcode situated on Market Place, Wragby, Market Rasen, LN8 with 2 addresses.
It ranks as the 82nd largest and 130th most expensive of the 920 postcodes in the LN8 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 2 properties: 1 house and 1 flat.
- Ave. Sale Price
- £156,561
- 10 Year change
- up 39.5%
- Ave. Rental Price
- £705pcm
- 10 Year change
- up 42.1%
- Ave. £ per ft²
- £187/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
LN8 3HL is a residential postcode situated on Market Place, Wragby, Market Rasen, LN8 with 2 addresses.
It ranks as the 82nd largest and 130th most expensive of the 920 postcodes in the LN8 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 2 properties: 1 house and 1 flat.
- Ave. Sale Price
- £156,561
- 10 Year change
- up 39.5%
- Ave. Rental Price
- £705pcm
- 10 Year change
- up 42.1%
- Ave. £ per ft²
- £187/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin LN8 3HL
Sales Market Trends
The last sale in LN8 3HL sold for £47,500 on 5th November 1998. Since then prices are down an average of 0.0%.
The current average value in the postcode is £156,561.
The LN8 3HL Sales Market has increased by 39.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £156,561 |
| June 2025 | -1.5% | £156,436 |
| June 2024 | 1.5% | £158,792 |
| June 2023 | 0.1% | £156,509 |
| June 2022 | 12.2% | £156,299 |
| June 2021 | 4.4% | £139,244 |
| June 2020 | 2.3% | £133,421 |
| June 2019 | 6.3% | £130,425 |
| June 2018 | 3.1% | £122,708 |
| June 2017 | 6% | £118,972 |
| June 2016 | -1.3% | £112,248 |
| June 2015 | 5.3% | £113,697 |
| June 2014 | 6.1% | £107,984 |
| June 2013 | -2.1% | £101,744 |
| June 2012 | 0.3% | £103,888 |
| June 2011 | -4.2% | £103,618 |
| June 2010 | 4% | £108,196 |
| June 2009 | -9.6% | £104,015 |
| June 2008 | -4.5% | £115,109 |
| June 2007 | 0% | £120,557 |
Rental Market Trends
The current average rental value in the postcode is £705.
The LN8 3HL Rental Market has increased by 42.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.2% | £705pcm |
| June 2025 | 2.7% | £670pcm |
| June 2024 | 6.9% | £653pcm |
| June 2023 | 5.7% | £611pcm |
| June 2022 | 8.1% | £578pcm |
| June 2021 | 3.3% | £535pcm |
| June 2020 | 1.2% | £518pcm |
| June 2019 | 1.2% | £512pcm |
| June 2018 | 0.4% | £506pcm |
| June 2017 | 1.5% | £504pcm |
| June 2016 | 1.3% | £496pcm |
| June 2015 | -0.5% | £490pcm |
| June 2014 | 4.3% | £492pcm |
| June 2013 | -2.8% | £472pcm |
| June 2012 | 0.4% | £486pcm |
| June 2011 | 1.5% | £484pcm |
| June 2010 | 0.9% | £476pcm |
| June 2009 | -0.9% | £472pcm |
| June 2008 | -9.3% | £476pcm |
| June 2007 | 0% | £525pcm |
Sales History
The last sale was on 5th November 1998 for £47,500 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
LN8 3HL has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
LN8 3HL is the 82nd largest and the 130th most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 3HN, George Street, Market Rasen, LN8LN8 3HN9 Addresses|33 m away
- LN8 3HJ, Market Place, Wragby, Market Rasen, LN8LN8 3HJ12 Addresses|57 m away
- LN8 3EH, Queen Street, Market Rasen, LN8LN8 3EH39 Addresses|81 m away
- LN8 3HH, John Street, Market Rasen, LN8LN8 3HH13 Addresses|85 m away
- LN8 3HQ, Coach House Court, Market Rasen, LN8LN8 3HQ5 Addresses|86 m away
Property Types
- 1 period flat built between 1800 and 1911
- 1 other address of unknown type
- period flat (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (1)
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 School300 m away
- The Middle Rasen Primary School1.9 km away
- Legsby Primary School4.7 km away
- De Aston School900 m away
- Caistor Grammar School12.1 km away
- Caistor Yarborough Academy12.3 km away
More reading links
Public Transport Nearby
The closest station to LN8 3HL is Market Rasen station, which is 400 metres away.
- Market Rasen|400 m away
- Kirton Lindsey|20.1 km away
- Brigg|20.5 km away
- Barnetby|21.3 km away
