West Rasen, Market Rasen - LN8 3LS
Key Postcode Insights
LN8 3LS is a residential postcode situated on West Rasen, Market Rasen, LN8 with 17 addresses.
It ranks as the 683rd largest and 584th 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 17 properties: 17 houses.
- Ave. Sale Price
- £310,225
- 10 Year change
- up 43.6%
- Ave. Rental Price
- £1,310pcm
- 10 Year change
- up 46.6%
- Ave. £ per ft²
- £189/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
LN8 3LS is a residential postcode situated on West Rasen, Market Rasen, LN8 with 17 addresses.
It ranks as the 683rd largest and 584th 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 17 properties: 17 houses.
- Ave. Sale Price
- £310,225
- 10 Year change
- up 43.6%
- Ave. Rental Price
- £1,310pcm
- 10 Year change
- up 46.6%
- Ave. £ per ft²
- £189/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin LN8 3LS
- 1 Bridge View Market Rasen
3 Bed Period House
- 1 Bungalow Market Rasen
2 Bed Mid-century House
- 2 Bungalow Market Rasen
2 Bed Mid-century House
- 3 Bridge View Market Rasen
Unknown
- Bridge View Cottage
3 Bed Period House
Sales Market Trends
The last sale in LN8 3LS sold for £250,000 on 6th August 2024. Since then prices are down an average of 1.7%.
The current average value in the postcode is £310,225.
The LN8 3LS Sales Market has increased by 43.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £310,225 |
| June 2025 | -1.3% | £312,792 |
| June 2024 | 0.9% | £316,886 |
| June 2023 | 0.7% | £314,050 |
| June 2022 | 12.7% | £311,796 |
| June 2021 | 5.6% | £276,718 |
| June 2020 | 2.1% | £262,066 |
| June 2019 | 6.8% | £256,682 |
| June 2018 | 4.2% | £240,437 |
| June 2017 | 6.8% | £230,736 |
| June 2016 | 0.1% | £216,109 |
| June 2015 | 5.6% | £215,830 |
| June 2014 | 6.3% | £204,441 |
| June 2013 | -1.9% | £192,400 |
| June 2012 | 0.5% | £196,088 |
| June 2011 | -3.3% | £195,207 |
| June 2010 | 6.1% | £201,929 |
| June 2009 | -7.6% | £190,367 |
| June 2008 | -3.5% | £205,923 |
| June 2007 | 0% | £213,405 |
Rental Market Trends
The current average rental value in the postcode is £1,310.
The LN8 3LS Rental Market has increased by 46.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £1,310pcm |
| June 2025 | 2.7% | £1,256pcm |
| June 2024 | 6.4% | £1,223pcm |
| June 2023 | 6.3% | £1,150pcm |
| June 2022 | 8.6% | £1,082pcm |
| June 2021 | 4.5% | £996pcm |
| June 2020 | 1% | £954pcm |
| June 2019 | 1.9% | £945pcm |
| June 2018 | 1.4% | £927pcm |
| June 2017 | 2.3% | £914pcm |
| June 2016 | 2.6% | £893pcm |
| June 2015 | -0.1% | £870pcm |
| June 2014 | 4.5% | £872pcm |
| June 2013 | -2.7% | £834pcm |
| June 2012 | 0.7% | £857pcm |
| June 2011 | 2.5% | £851pcm |
| June 2010 | 3.1% | £831pcm |
| June 2009 | 1.1% | £806pcm |
| June 2008 | -8.3% | £797pcm |
| June 2007 | 0% | £869pcm |
Sales History
The last sale was on 6th August 2024 for £250,000 and since then the market in the area has decreased by 1.7%. The postcode has had a total of 10 sales since 1995.
LN8 3LS has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2024£250,000 | 3 Bed HouseRiseholme House, Market Rasen, LN8 3LSRiseholme House, Market Rasen, LN8 3LS
- Sold Nov 2022£255,000 | 3 Bed HouseBridge View Cottage, Market Rasen, LN8 3LSBridge View Cottage, Market Rasen, LN8 3LS
- Sold May 2022£395,000 | 5 Bed HouseChurch Cottage, Market Rasen, LN8 3LSChurch Cottage, Market Rasen, LN8 3LS
- Sold Feb 2019£173,000 | 3 Bed House1 Bridge View, Market Rasen, LN8 3LS1 Bridge View, Market Rasen, LN8 3LS
- Sold May 2010£185,000 | 4 Bed HouseBrookside, Market Rasen, LN8 3LSBrookside, Market Rasen, LN8 3LS
Nearby Postcodes
LN8 3LS is the 683rd largest and the 584th most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 3LR, Toft Lane, West Rasen, Market Rasen, LN8LN8 3LR7 Addresses|335 m away
- LN8 3LP, West Rasen, Market Rasen, LN8LN8 3LP1 Addresses|503 m away
- LN8 3NB, West Rasen, Market Rasen, LN8LN8 3NB1 Addresses|1.2 km away
- LN8 3ND, Toft Next Newton, Market Rasen, LN8LN8 3ND3 Addresses|1.3 km away
- LN8 3LU, West Rasen, Market Rasen, LN8LN8 3LU5 Addresses|1.4 km away
Property Types
- 5 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 5 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 4 other addresses of unknown type
- period house (5)
- modern house (1)
- mid-century house (5)
- house (1)
- early-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is E.
- A (0)
- E (5)
- B (1)
- F (3)
- C (1)
- G (1)
- D (1)
- No EPC (5)
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 School2.5 km away
- Osgodby Primary School3.5 km away
- The Market Rasen Church of England Primary School4.2 km away
- De Aston School5.2 km away
- William Farr CofE Comprehensive School11.1 km away
- Caistor Grammar School13.1 km away
More reading links
Public Transport Nearby
The closest station to LN8 3LS is Market Rasen station, which is 4.4 kilometres away.
- Market Rasen|4.4 km away
- Kirton Lindsey|16.4 km away
- Brigg|18.5 km away
- Lincoln|20.4 km away
