West Rasen, Market Rasen - LN8 3LZ
Key Postcode Insights
LN8 3LZ is a residential postcode situated on West Rasen, Market Rasen, LN8 with 2 addresses.
It ranks as the 83rd largest and 240th 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 2 properties: 2 houses.
- Ave. Sale Price
- £197,498
- 10 Year change
- up 43.6%
- Ave. Rental Price
- £1,008pcm
- 10 Year change
- up 46.6%
- Ave. £ per ft²
- £181/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
LN8 3LZ is a residential postcode situated on West Rasen, Market Rasen, LN8 with 2 addresses.
It ranks as the 83rd largest and 240th 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 2 properties: 2 houses.
- Ave. Sale Price
- £197,498
- 10 Year change
- up 43.6%
- Ave. Rental Price
- £1,008pcm
- 10 Year change
- up 46.6%
- Ave. £ per ft²
- £181/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin LN8 3LZ
Sales Market Trends
The last sale in LN8 3LZ sold for £124,999 on 1st May 2012. Since then prices are up an average of 59.6%.
The current average value in the postcode is £197,498.
The LN8 3LZ Sales Market has increased by 43.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £197,498 |
| June 2025 | -1.1% | £198,363 |
| June 2024 | 0.8% | £200,538 |
| June 2023 | 0.6% | £198,891 |
| June 2022 | 12.9% | £197,787 |
| June 2021 | 5.7% | £175,192 |
| June 2020 | 2.1% | £165,687 |
| June 2019 | 6.5% | £162,303 |
| June 2018 | 4% | £152,343 |
| June 2017 | 6.5% | £146,534 |
| June 2016 | 0.2% | £137,554 |
| June 2015 | 5.5% | £137,221 |
| June 2014 | 6.7% | £130,027 |
| June 2013 | -1.7% | £121,883 |
| June 2012 | 0.2% | £124,024 |
| June 2011 | -3.7% | £123,831 |
| June 2010 | 5.7% | £128,645 |
| June 2009 | -7.9% | £121,732 |
| June 2008 | -3.7% | £132,235 |
| June 2007 | 0% | £137,255 |
Rental Market Trends
The current average rental value in the postcode is £1,008.
The LN8 3LZ Rental Market has increased by 46.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £1,008pcm |
| June 2025 | 2.9% | £963pcm |
| June 2024 | 6.3% | £936pcm |
| June 2023 | 6.1% | £880pcm |
| June 2022 | 8.8% | £830pcm |
| June 2021 | 4.6% | £763pcm |
| June 2020 | 0.9% | £729pcm |
| June 2019 | 1.7% | £722pcm |
| June 2018 | 1.2% | £711pcm |
| June 2017 | 2.1% | £702pcm |
| June 2016 | 2.8% | £688pcm |
| June 2015 | -0.2% | £669pcm |
| June 2014 | 4.9% | £670pcm |
| June 2013 | -2.5% | £639pcm |
| June 2012 | 0.4% | £656pcm |
| June 2011 | 2% | £653pcm |
| June 2010 | 2.7% | £640pcm |
| June 2009 | 0.7% | £623pcm |
| June 2008 | -8.5% | £619pcm |
| June 2007 | 0% | £676pcm |
Sales History
The last sale was on 1st May 2012 for £124,999 and since then the market in the area has increased by 59.6%. The postcode has had a total of 1 sales since 1995.
LN8 3LZ has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
LN8 3LZ is the 83rd largest and the 240th most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 3NB, West Rasen, Market Rasen, LN8LN8 3NB1 Addresses|709 m away
- LN8 3LX, Kingerby, Market Rasen, LN8LN8 3LX1 Addresses|1.5 km away
- LN8 3PU, Kingerby, Market Rasen, LN8LN8 3PU14 Addresses|1.6 km away
- LN8 3LU, West Rasen, Market Rasen, LN8LN8 3LU5 Addresses|1.6 km away
- LN8 3PF, Kingerby, Market Rasen, LN8LN8 3PF2 Addresses|1.7 km away
Property Types
- 1 period house built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- period house (1)
- mid-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- 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
- Osgodby Primary School2.6 km away
- The Middle Rasen Primary School3.7 km away
- The Market Rasen Church of England Primary School5.5 km away
- De Aston School6.5 km away
- Caistor Grammar School11.9 km away
- William Farr CofE Comprehensive School12.4 km away
More reading links
Public Transport Nearby
The closest station to LN8 3LZ is Market Rasen station, which is 5.7 kilometres away.
- Market Rasen|5.7 km away
- Kirton Lindsey|14.7 km away
- Brigg|16.6 km away
- Barnetby|18.8 km away