Rasen Road - LN8 3XL
Key Postcode Insights
LN8 3XL is a residential postcode situated on Rasen Road, Tealby, Market Rasen, LN8 with 59 addresses.
It ranks as the 913th largest and 799th 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 59 properties: 59 houses.
- Ave. Sale Price
- £423,477
- 10 Year change
- up 42.6%
- Ave. Rental Price
- £1,539pcm
- 10 Year change
- up 46.4%
- Ave. £ per ft²
- £289/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
LN8 3XL is a residential postcode situated on Rasen Road, Tealby, Market Rasen, LN8 with 59 addresses.
It ranks as the 913th largest and 799th 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 59 properties: 59 houses.
- Ave. Sale Price
- £423,477
- 10 Year change
- up 42.6%
- Ave. Rental Price
- £1,539pcm
- 10 Year change
- up 46.4%
- Ave. £ per ft²
- £289/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin LN8 3XL
- Barn Cottage
4 Bed Modern House
- Causeway Cottage
4 Bed Modern House
- Causeway Grange
5 Bed Mid-century House
- Cherry Cottage
4 Bed Period House
- Eversleigh
4 Bed Mid-century House
Sales Market Trends
The last sale in LN8 3XL sold for £360,000 on 26th September 2025. Since then prices are down an average of 0.1%.
The current average value in the postcode is £423,477.
The LN8 3XL Sales Market has increased by 42.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £423,477 |
| June 2025 | -1.6% | £429,744 |
| June 2024 | 0.9% | £436,935 |
| June 2023 | 0.9% | £433,165 |
| June 2022 | 12.2% | £429,164 |
| June 2021 | 5.5% | £382,480 |
| June 2020 | 2.1% | £362,423 |
| June 2019 | 6.8% | £354,816 |
| June 2018 | 4.5% | £332,110 |
| June 2017 | 7% | £317,727 |
| June 2016 | 0.6% | £297,000 |
| June 2015 | 5.5% | £295,306 |
| June 2014 | 5.7% | £279,956 |
| June 2013 | -1.8% | £264,855 |
| June 2012 | 0.6% | £269,629 |
| June 2011 | -2.9% | £268,028 |
| June 2010 | 6.7% | £275,983 |
| June 2009 | -6.7% | £258,592 |
| June 2008 | -3.2% | £277,184 |
| June 2007 | 0% | £286,464 |
Rental Market Trends
The current average rental value in the postcode is £1,539.
The LN8 3XL Rental Market has increased by 46.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £1,539pcm |
| June 2025 | 2.4% | £1,485pcm |
| June 2024 | 6.4% | £1,450pcm |
| June 2023 | 6.6% | £1,363pcm |
| June 2022 | 8.2% | £1,279pcm |
| June 2021 | 4.5% | £1,182pcm |
| June 2020 | 1.1% | £1,131pcm |
| June 2019 | 2% | £1,119pcm |
| June 2018 | 1.8% | £1,097pcm |
| June 2017 | 2.6% | £1,078pcm |
| June 2016 | 2.9% | £1,051pcm |
| June 2015 | -0.1% | £1,021pcm |
| June 2014 | 3.9% | £1,022pcm |
| June 2013 | -2.5% | £984pcm |
| June 2012 | 0.9% | £1,010pcm |
| June 2011 | 2.8% | £1,001pcm |
| June 2010 | 3.8% | £974pcm |
| June 2009 | 1.9% | £938pcm |
| June 2008 | -7.6% | £920pcm |
| June 2007 | 0% | £996pcm |
Sales History
The last sale was on 26th September 2025 for £360,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 83 sales since 1995.
LN8 3XL has seen 4 sales in the last three years and 2 sales in the last twelve months.
- Sold Sep 2025£360,000 | 4 Bed House31, Rasen Road, Market Rasen, LN8 3XL31, Rasen Road, Market Rasen, LN8 3XL
- Sold Jul 2025£495,000 | 5 Bed House1A, Rasen Road, Market Rasen, LN8 3XL1A, Rasen Road, Market Rasen, LN8 3XL
- Sold Mar 2024£470,000 | 4 Bed House34A, Rasen Road, Market Rasen, LN8 3XL34A, Rasen Road, Market Rasen, LN8 3XL
- Sold May 2023£600,000 | 4 Bed House10, Rasen Road, Market Rasen, LN8 3XL10, Rasen Road, Market Rasen, LN8 3XL
- Sold Aug 2022£552,500 | 4 Bed HouseCherry Cottage, Rasen Road, Market Rasen, LN8 3XLCherry Cottage, Rasen Road, Market Rasen, LN8 3XL
Nearby Postcodes
LN8 3XL is the 913th largest and the 799th most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 3AH, Old Barn Drive, Tealby, Market Rasen, LN8LN8 3AH5 Addresses|174 m away
- LN8 3YB, Cow Lane, Tealby, Market Rasen, LN8LN8 3YB32 Addresses|195 m away
- LN8 3XQ, Millfield Close, Tealby, Market Rasen, LN8LN8 3XQ6 Addresses|251 m away
- LN8 3XX, Church Lane, Tealby, Market Rasen, LN8LN8 3XX5 Addresses|314 m away
- LN8 3XU, Front Street, Tealby, Market Rasen, LN8LN8 3XU33 Addresses|357 m away
Property Types
- 10 period houses built between 1800 and 1911
- 7 modern houses built after 1980
- 16 mid-century houses built between 1936 and 1979
- 5 houses of an unknown age
- 5 early-century houses built between 1912 and 1935
- 16 other addresses of unknown type
- period house (10)
- modern house (7)
- mid-century house (16)
- house (5)
- early-century house (5)
- Unknown (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 38 properties.
- The most common rating is D.
- A (0)
- E (12)
- B (0)
- F (2)
- C (5)
- G (0)
- D (19)
- No EPC (21)
Top 3 Most Expensive Sales
- Sold Jun 2017£830,000 | 5 Bed House34, Rasen Road, Market Rasen, LN8 3XL34, Rasen Road, Market Rasen, LN8 3XL
- Sold May 2023£600,000 | 4 Bed House10, Rasen Road, Market Rasen, LN8 3XL10, Rasen Road, Market Rasen, LN8 3XL
- Sold Aug 2022£552,500 | 4 Bed HouseCherry Cottage, Rasen Road, Market Rasen, LN8 3XLCherry Cottage, Rasen Road, Market Rasen, LN8 3XL
Schools Nearby
- Tealby School400 m away
- The Market Rasen Church of England Primary School5.1 km away
- Legsby Primary School5.5 km away
- De Aston School4.3 km away
- Caistor Yarborough Academy11.1 km away
- Caistor Grammar School11.2 km away
More reading links
Public Transport Nearby
The closest station to LN8 3XL is Market Rasen station, which is 5.0 kilometres away.
- Market Rasen|5.0 km away
- Healing|21.3 km away
- Stallingborough|21.4 km away
- Barnetby|21.5 km away
