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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
LN8 3LUHouse Prices / East Midlands, West Lindsey, West Rasen, Market Rasen
Last updated May 2026
Key Postcode Insights
LN8 3LU is a residential postcode situated on West Rasen, Market Rasen, LN8 with 5 addresses.
It ranks as the 284th largest and 917th 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 5 properties: 5 houses.
5
Properties
- Houses
Key Postcode Insights
LN8 3LU is a residential postcode situated on West Rasen, Market Rasen, LN8 with 5 addresses.
It ranks as the 284th largest and 917th 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 5 properties: 5 houses.
5
Properties
- Houses
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House Pricesin LN8 3LU
Sale prices range from £323,005 for 4 bedroom freehold houses with a garden (1,991 ft2) to £829,710 for 5 bedroom freehold houses with a garden (2,142 ft2) .
Monthly rental prices range from £1,246 pcm for 4 bed houses to £2,879 pcm for 5 bed houses.
The gross rental yield is between 4.1% and 4.6%.
The average value per square foot is £394.
Average Sale Value
£681,151
Average Rental Value
£2,350 pcm
Average Rental Yield
4.1% /year
Average Value Per Sqft
£394 /ft2
Sales Market Trendsin LN8 3LU
The last sale in LN8 3LU sold for £835,000 on 23rd November 2022. Since then prices are down an average of 6.7%.
The current average value in the postcode is £681,151.
The LN8 3LU Sales Market has increased by 42.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.2% | £681,151 |
| April 2025 | -1.3% | £711,303 |
| April 2024 | 0.4% | £720,623 |
| April 2023 | 4.2% | £717,814 |
| April 2022 | 11.2% | £688,987 |
| April 2021 | 4.4% | £619,742 |
| April 2020 | 1.9% | £593,607 |
| April 2019 | 8.8% | £582,434 |
| April 2018 | 3.3% | £535,562 |
| April 2017 | 8.2% | £518,324 |
| April 2016 | -0.1% | £479,097 |
| April 2015 | 6.1% | £479,709 |
| April 2014 | 5.5% | £451,957 |
| April 2013 | 0% | £428,576 |
| April 2012 | 1.7% | £428,516 |
| April 2011 | -3.8% | £421,546 |
| April 2010 | 4.4% | £438,386 |
| April 2009 | -8.3% | £419,757 |
| April 2008 | -0.5% | £457,750 |
| April 2007 | 0% | £459,887 |
Rental Market Trendsin LN8 3LU
The current average rental value in the postcode is £2,350.
The LN8 3LU Rental Market has increased by 45.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2% | £2,350pcm |
| April 2025 | 3.7% | £2,304pcm |
| April 2024 | 6.7% | £2,222pcm |
| April 2023 | 6.7% | £2,083pcm |
| April 2022 | 8.4% | £1,953pcm |
| April 2021 | 2.1% | £1,802pcm |
| April 2020 | 2.2% | £1,764pcm |
| April 2019 | 1.7% | £1,726pcm |
| April 2018 | 2.2% | £1,697pcm |
| April 2017 | 2.5% | £1,659pcm |
| April 2016 | 2.8% | £1,619pcm |
| April 2015 | -0.3% | £1,574pcm |
| April 2014 | 2.9% | £1,579pcm |
| April 2013 | 1.2% | £1,535pcm |
| April 2012 | 0.4% | £1,518pcm |
| April 2011 | 2.4% | £1,512pcm |
| April 2010 | 3.3% | £1,476pcm |
| April 2009 | 0.6% | £1,429pcm |
| April 2008 | -7% | £1,420pcm |
| April 2007 | 0% | £1,528pcm |
Explore Propertiesin LN8 3LU, West Rasen, Market Rasen, LN8
- Maurice Farm, Market Rasen, LN8 3LU
- Outlands, Market Rasen, LN8 3LU4 bed modern house
- Rectory Farm, Market Rasen, LN8 3LU
- Rectory Farm Cottage, Market Rasen, LN8 3LU4 bed period house
- Willowood Farm, Market Rasen, LN8 3LU4 bed period house
Sales Historyin LN8 3LU
The last sale was on 23rd November 2022 for £835,000 and since then the market in the area has decreased by 6.7%. The postcode has had a total of 1 sales since 1995.
LN8 3LU has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto LN8 3LU
LN8 3LU is the 284th largest and the 917th most expensive postcode out of the 920 postcodes in the LN8 area.
- 1.3 kmLN8 3NB, West Rasen, Market Rasen, LN8LN8 3NB1 Addresses
- 1.4 kmLN8 3ND, Toft Next Newton, Market Rasen, LN8LN8 3ND3 Addresses
- 1.5 kmLN8 3LS, West Rasen, Market Rasen, LN8LN8 3LS17 Addresses
- 1.5 kmLN8 3LX, Kingerby, Market Rasen, LN8LN8 3LX1 Addresses
- 1.6 kmLN8 3LR, Toft Lane, West Rasen, Market Rasen, LN8LN8 3LR7 Addresses
- 1.6 kmLN8 3LZ, West Rasen, Market Rasen, LN8LN8 3LZ2 Addresses
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Property Typesin LN8 3LU
- 2 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 2 other addresses of unknown type
- period house (2)
- modern house (1)
- Unknown (2)
Energy Efficiencyof properties in LN8 3LU
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is A.
- A (1)
- E (1)
- B (0)
- F (0)
- C (0)
- G (1)
- D (0)
- No EPC (2)
Schools Nearbyto LN8 3LU
The nearest primary school to LN8 3LU is The Middle Rasen Primary School which is 3.6 kilometres away.
- 3.6kmThe Middle Rasen Primary School
- 3.6kmOsgodby Primary School
- 5.3kmFaldingworth Community Primary School
The nearest secondary school is De Aston School which is 6.3 kilometres away.
- 6.3kmDe Aston School
- 11.2kmWilliam Farr CofE Comprehensive School
- 13.1kmCaistor Grammar School
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Public Transport Nearbyto LN8 3LU
The closest station to LN8 3LU is Market Rasen station which is 5.5 kilometres away.
- 5.5kmMarket Rasen
- 15.3kmKirton Lindsey
- 17.8kmBrigg
- 20.0kmBarnetby
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