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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 3UTHouse Prices / East Midlands, West Lindsey, Otby Lane
Last updated May 2026
Key Postcode Insights
LN8 3UT is a residential postcode situated on Otby Lane, Walesby, Market Rasen, LN8 with 12 addresses.
It ranks as the 560th largest and 810th most expensive of the 920 postcodes in the LN8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
12
Properties
- Houses
Key Postcode Insights
LN8 3UT is a residential postcode situated on Otby Lane, Walesby, Market Rasen, LN8 with 12 addresses.
It ranks as the 560th largest and 810th most expensive of the 920 postcodes in the LN8 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
12
Properties
- Houses
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House Pricesin LN8 3UT
Sale prices range from £210,926 for 2 bedroom freehold houses with a garden (559 ft2) to £602,640 for 5 bedroom freehold houses with a garden (3,788 ft2) .
Monthly rental prices range from £811 pcm for 2 bed houses to £2,091 pcm for 5 bed houses.
The gross rental yield is between 4.1% and 4.6%.
The average value per square foot is £208.
Average Sale Value
£421,077
Average Rental Value
£1,464 pcm
Average Rental Yield
4.2% /year
Average Value Per Sqft
£208 /ft2
Sales Market Trendsin LN8 3UT
The last sale in LN8 3UT sold for £460,000 on 28th September 2023. Since then prices are down an average of 4.0%.
The current average value in the postcode is £421,077.
The LN8 3UT Sales Market has increased by 42.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.5% | £421,077 |
| April 2025 | -1.1% | £436,548 |
| April 2024 | 0.2% | £441,241 |
| April 2023 | 4% | £440,452 |
| April 2022 | 11.6% | £423,649 |
| April 2021 | 4.4% | £379,646 |
| April 2020 | 1.8% | £363,513 |
| April 2019 | 8.4% | £356,974 |
| April 2018 | 3% | £329,184 |
| April 2017 | 7.8% | £319,615 |
| April 2016 | -0.1% | £296,520 |
| April 2015 | 6.3% | £296,677 |
| April 2014 | 5.9% | £279,176 |
| April 2013 | -0.5% | £263,674 |
| April 2012 | 1.5% | £264,888 |
| April 2011 | -4.3% | £260,906 |
| April 2010 | 4% | £272,505 |
| April 2009 | -8.7% | £262,063 |
| April 2008 | -1.2% | £286,966 |
| April 2007 | 0% | £290,534 |
Rental Market Trendsin LN8 3UT
The current average rental value in the postcode is £1,464.
The LN8 3UT Rental Market has increased by 45.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £1,464pcm |
| April 2025 | 4% | £1,426pcm |
| April 2024 | 6.4% | £1,370pcm |
| April 2023 | 6.5% | £1,288pcm |
| April 2022 | 8.7% | £1,209pcm |
| April 2021 | 2.1% | £1,112pcm |
| April 2020 | 2.2% | £1,089pcm |
| April 2019 | 1.5% | £1,066pcm |
| April 2018 | 1.9% | £1,050pcm |
| April 2017 | 2.1% | £1,031pcm |
| April 2016 | 2.6% | £1,009pcm |
| April 2015 | 0% | £983pcm |
| April 2014 | 3.4% | £983pcm |
| April 2013 | 0.6% | £951pcm |
| April 2012 | 0.3% | £945pcm |
| April 2011 | 1.9% | £942pcm |
| April 2010 | 3% | £924pcm |
| April 2009 | 0.1% | £897pcm |
| April 2008 | -7.4% | £896pcm |
| April 2007 | 0% | £967pcm |
Explore Propertiesin LN8 3UT, Otby Lane, Walesby, Market Rasen, LN8
- Ashwood, Otby Lane, Market Rasen, LN8 3UT4 bed modern house
- Farthings, Otby Lane, Market Rasen, LN8 3UT5 bed mid-century house
- Kestrels, Otby Lane, Market Rasen, LN8 3UT4 bed period house
- Netherwood, Otby Lane, Market Rasen, LN8 3UT
- Normanby View, Otby Lane, Market Rasen, LN8 3UT
- Otby Cottage, Otby Lane, Market Rasen, LN8 3UT4 bed period house
- Somerset Cottage, Otby Lane, Market Rasen, LN8 3UT5 bed mid-century house
- The Rectory, Otby Lane, Market Rasen, LN8 3UT5 bed early-century house
- Upper Highfield, Otby Lane, Market Rasen, LN8 3UT
- Walesby Lodge, Otby Lane, Market Rasen, LN8 3UT5 bed modern house
- West Wold, Otby Lane, Market Rasen, LN8 3UT
- 2, Otby Lane, Market Rasen, LN8 3UT3 bed mid-century house
Sales Historyin LN8 3UT
The last sale was on 28th September 2023 for £460,000 and since then the market in the area has decreased by 4.0%. The postcode has had a total of 5 sales since 1995.
LN8 3UT has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Sep 2023£460,000 | 5 Bed HouseOtby LaneSomerset Cottage, Otby Lane, Market Rasen, LN8 3UT
Sold May 2022£180,000 | 4 Bed HouseOtby LaneAshwood, Otby Lane, Market Rasen, LN8 3UT
Sold Jun 2014£400,000 | 5 Bed HouseOtby LaneFarthings, Otby Lane, Market Rasen, LN8 3UT
Sold Oct 2001£178,000 | 5 Bed HouseOtby LaneWest Wold, Otby Lane, Market Rasen, LN8 3UT
Sold Aug 1995£146,000 | 5 Bed HouseOtby LaneWest Wold, Otby Lane, Market Rasen, LN8 3UT
Nearby Postcodesto LN8 3UT
LN8 3UT is the 560th largest and the 810th most expensive postcode out of the 920 postcodes in the LN8 area.
- 134 mLN8 3GW, Walesby Hill, Walesby, Market Rasen, LN8LN8 3GW15 Addresses
- 203 mLN8 3BZ, Hall Drive, Walesby, Market Rasen, LN8LN8 3BZ6 Addresses
- 229 mLN8 3UR, Moor Road, Walesby, Market Rasen, LN8LN8 3UR27 Addresses
- 234 mLN8 3UW, Rasen Road, Walesby, Market Rasen, LN8LN8 3UW23 Addresses
- 567 mLN8 3FZ, Catskin Lane, Walesby, Market Rasen, LN8LN8 3FZ10 Addresses
- 1.0 kmLN8 3XA, Walesby, Market Rasen, LN8LN8 3XA2 Addresses
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Property Typesin LN8 3UT
- 2 period houses built between 1800 and 1911
- 2 modern houses built after 1980
- 3 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 4 other addresses of unknown type
- period house (2)
- modern house (2)
- mid-century house (3)
- early-century house (1)
- Unknown (4)
Energy Efficiencyof properties in LN8 3UT
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The dominant rating is D.
- A (1)
- E (2)
- B (1)
- F (1)
- C (0)
- G (0)
- D (3)
- No EPC (4)
Top 3 Most Expensive Saleson Otby Lane
Schools Nearbyto LN8 3UT
The nearest primary school to LN8 3UT is Tealby School which is 2.9 kilometres away.
- 2.9kmTealby School
- 4.7kmThe Market Rasen Church of England Primary School
- 5.6kmThe Middle Rasen Primary School
The nearest secondary school is De Aston School which is 4.4 kilometres away.
- 4.4kmDe Aston School
- 8.9kmCaistor Grammar School
- 8.9kmCaistor Yarborough Academy
More reading links
Public Transport Nearbyto LN8 3UT
The closest station to LN8 3UT is Market Rasen station which is 4.7 kilometres away.
- 4.7kmMarket Rasen
- 18.9kmBarnetby
- 19.3kmBrigg
- 20.1kmStallingborough
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