West Rasen, Market Rasen - LN8 3LP
Key Postcode Insights
LN8 3LP is a residential postcode situated on West Rasen, Market Rasen, LN8 with 1 addresses.
It ranks as the 25th largest and 610th most expensive of the 920 postcodes in the LN8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £322,839
- 10 Year change
- up 43.2%
- Ave. Rental Price
- £1,480pcm
- 10 Year change
- up 46.2%
- Ave. £ per ft²
- £151/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
LN8 3LP is a residential postcode situated on West Rasen, Market Rasen, LN8 with 1 addresses.
It ranks as the 25th largest and 610th most expensive of the 920 postcodes in the LN8 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £322,839
- 10 Year change
- up 43.2%
- Ave. Rental Price
- £1,480pcm
- 10 Year change
- up 46.2%
- Ave. £ per ft²
- £151/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Sales Market Trends
The current average value in the postcode is £322,839.
The LN8 3LP Sales Market has increased by 43.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £322,839 |
| June 2025 | -1.9% | £328,680 |
| June 2024 | 1.1% | £334,910 |
| June 2023 | 1.1% | £331,293 |
| June 2022 | 12.1% | £327,692 |
| June 2021 | 5.3% | £292,244 |
| June 2020 | 2.1% | £277,598 |
| June 2019 | 7.2% | £271,795 |
| June 2018 | 4.8% | £253,521 |
| June 2017 | 7.3% | £241,932 |
| June 2016 | 0.1% | £225,462 |
| June 2015 | 5.6% | £225,325 |
| June 2014 | 5.2% | £213,424 |
| June 2013 | -2.1% | £202,804 |
| June 2012 | 1.1% | £207,249 |
| June 2011 | -2.5% | £205,055 |
| June 2010 | 7.1% | £210,213 |
| June 2009 | -6.4% | £196,196 |
| June 2008 | -3.1% | £209,535 |
| June 2007 | 0% | £216,194 |
Rental Market Trends
The current average rental value in the postcode is £1,480.
The LN8 3LP Rental Market has increased by 46.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,480pcm |
| June 2025 | 2.1% | £1,433pcm |
| June 2024 | 6.6% | £1,403pcm |
| June 2023 | 6.7% | £1,317pcm |
| June 2022 | 8% | £1,234pcm |
| June 2021 | 4.1% | £1,142pcm |
| June 2020 | 1% | £1,097pcm |
| June 2019 | 2.3% | £1,086pcm |
| June 2018 | 2% | £1,062pcm |
| June 2017 | 2.9% | £1,041pcm |
| June 2016 | 2.6% | £1,012pcm |
| June 2015 | -0.1% | £987pcm |
| June 2014 | 3.5% | £988pcm |
| June 2013 | -3% | £955pcm |
| June 2012 | 1.3% | £984pcm |
| June 2011 | 3.4% | £971pcm |
| June 2010 | 4.2% | £939pcm |
| June 2009 | 2.4% | £902pcm |
| June 2008 | -7.9% | £880pcm |
| June 2007 | 0% | £956pcm |
Nearby Postcodes
LN8 3LP is the 25th largest and the 610th most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 3LS, West Rasen, Market Rasen, LN8LN8 3LS17 Addresses|503 m away
- LN8 3LR, Toft Lane, West Rasen, Market Rasen, LN8LN8 3LR7 Addresses|530 m away
- LN8 3TT, Stockmoor Lane, Middle Rasen, Market Rasen, LN8LN8 3TT3 Addresses|1.0 km away
- LN8 3WE, Corner Farm Close, Middle Rasen, Market Rasen, LN8LN8 3WE9 Addresses|1.4 km away
- LN8 3NB, West Rasen, Market Rasen, LN8LN8 3NB1 Addresses|1.5 km away
Property Types
- 1 mid-century house built between 1936 and 1979
- mid-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is F.
- A (0)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Nov 2022£835,000 | 4 Bed HouseWillowood Farm, Market Rasen, LN8 3LUWillowood Farm, Market Rasen, LN8 3LU
- Sold Jun 2004£580,000 | 5 Bed HousePark House, Market Rasen, LN8 3LSPark House, Market Rasen, LN8 3LS
- Sold May 2022£395,000 | 5 Bed HouseChurch Cottage, Market Rasen, LN8 3LSChurch Cottage, Market Rasen, LN8 3LS
Schools Nearby
- The Middle Rasen Primary School2.1 km away
- Osgodby Primary School3.4 km away
- The Market Rasen Church of England Primary School3.8 km away
- De Aston School4.7 km away
- William Farr CofE Comprehensive School11.3 km away
- Caistor Grammar School12.9 km away
More reading links
Public Transport Nearby
The closest station to LN8 3LP is Market Rasen station, which is 3.9 kilometres away.
- Market Rasen|3.9 km away
- Kirton Lindsey|16.9 km away
- Brigg|18.8 km away
- Lincoln|20.5 km away