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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 5LBHouse Prices / East Midlands, East Lindsey, Louth Road
Last updated May 2026
Key Postcode Insights
LN8 5LB is a residential postcode situated on Louth Road, Wragby, Market Rasen, LN8 with 13 addresses.
It ranks as the 593rd largest and 690th most expensive of the 920 postcodes in the LN8 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 13 properties: 13 houses.
13
Properties
- Houses
Key Postcode Insights
LN8 5LB is a residential postcode situated on Louth Road, Wragby, Market Rasen, LN8 with 13 addresses.
It ranks as the 593rd largest and 690th most expensive of the 920 postcodes in the LN8 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 13 properties: 13 houses.
13
Properties
- Houses
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House Pricesin LN8 5LB
Sale prices range from £105,398 for 4 bedroom freehold houses with a garden (1,367 ft2) to £429,768 for 4 bedroom freehold houses with a garden (1,980 ft2) .
Monthly rental prices range from £549 pcm for 4 bed houses to £1,452 pcm for 4 bed houses.
The gross rental yield is between 4.1% and 6.3%.
The average value per square foot is £218.
Average Sale Value
£333,497
Average Rental Value
£1,261 pcm
Average Rental Yield
4.5% /year
Average Value Per Sqft
£218 /ft2
Sales Market Trendsin LN8 5LB
The last sale in LN8 5LB sold for £455,000 on 25th September 2023. Since then prices are down an average of 3.2%.
The current average value in the postcode is £333,497.
The LN8 5LB Sales Market has increased by 38.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.9% | £333,497 |
| April 2025 | 1% | £343,557 |
| April 2024 | -1.7% | £340,186 |
| April 2023 | 3.3% | £346,082 |
| April 2022 | 11.4% | £334,922 |
| April 2021 | 6.2% | £300,658 |
| April 2020 | 2.9% | £283,003 |
| April 2019 | 4.2% | £275,154 |
| April 2018 | 3.6% | £263,936 |
| April 2017 | 5.9% | £254,866 |
| April 2016 | 4.9% | £240,694 |
| April 2015 | 5.4% | £229,549 |
| April 2014 | 4.9% | £217,728 |
| April 2013 | 2.2% | £207,590 |
| April 2012 | -0.8% | £203,096 |
| April 2011 | -2.2% | £204,712 |
| April 2010 | 4.9% | £209,307 |
| April 2009 | -10.4% | £199,533 |
| April 2008 | -0.4% | £222,697 |
| April 2007 | 0% | £223,562 |
Rental Market Trendsin LN8 5LB
The current average rental value in the postcode is £1,261.
The LN8 5LB Rental Market has increased by 41.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £1,261pcm |
| April 2025 | 4.8% | £1,223pcm |
| April 2024 | 4.3% | £1,168pcm |
| April 2023 | 6.9% | £1,119pcm |
| April 2022 | 8% | £1,047pcm |
| April 2021 | 2.6% | £969pcm |
| April 2020 | 1.6% | £945pcm |
| April 2019 | 0.5% | £930pcm |
| April 2018 | 0.9% | £925pcm |
| April 2017 | 2.7% | £917pcm |
| April 2016 | 2.9% | £893pcm |
| April 2015 | 2% | £868pcm |
| April 2014 | 2.8% | £851pcm |
| April 2013 | 2.6% | £828pcm |
| April 2012 | 0.2% | £807pcm |
| April 2011 | 2.6% | £805pcm |
| April 2010 | 4.9% | £785pcm |
| April 2009 | -4.1% | £749pcm |
| April 2008 | 2.4% | £781pcm |
| April 2007 | 0% | £762pcm |
Explore Propertiesin LN8 5LB, Louth Road, Wragby, Market Rasen, LN8
- Ashdene, Louth Road, Market Rasen, LN8 5LB
- Barn View, Louth Road, Market Rasen, LN8 5LB4 bed modern house
- Caravel, Louth Road, Market Rasen, LN8 5LB3 bed modern house
- Fairways, Louth Road, Market Rasen, LN8 5LB4 bed modern house
- Four Wynds, Louth Road, Market Rasen, LN8 5LB4 bed modern house
- Highfield, Louth Road, Market Rasen, LN8 5LB4 bed house
- Lea Holme, Louth Road, Market Rasen, LN8 5LB3 bed early-century house
- Oakdene, Louth Road, Market Rasen, LN8 5LB4 bed early-century house
- Olgarry, Louth Road, Market Rasen, LN8 5LB
- Stepping Stones, Louth Road, Market Rasen, LN8 5LB
- Sunkist, Louth Road, Market Rasen, LN8 5LB4 bed mid-century house
- The Pines, Louth Road, Market Rasen, LN8 5LB4 bed modern house
- Whitelaw House, Louth Road, Market Rasen, LN8 5LB
Sales Historyin LN8 5LB
The last sale was on 25th September 2023 for £455,000 and since then the market in the area has decreased by 3.2%. The postcode has had a total of 12 sales since 1995.
LN8 5LB has seen 3 sales in the last three years and no sales in the last twelve months.
Sold Sep 2023£455,000 | 4 Bed HouseLouth RoadFairways, Louth Road, Market Rasen, LN8 5LB
Sold Aug 2023£105,000 | 4 Bed HouseLouth RoadOakdene, Louth Road, Market Rasen, LN8 5LB
Sold May 2023£390,000 | 4 Bed HouseLouth RoadBarn View, Louth Road, Market Rasen, LN8 5LB
Sold Sep 2021£400,000 | 4 Bed HouseLouth RoadThe Pines, Louth Road, Market Rasen, LN8 5LB
Sold Apr 2019£325,000 | 4 Bed HouseLouth RoadThe Pines, Louth Road, Market Rasen, LN8 5LB
Sold Nov 2017£320,000 | 4 Bed HouseLouth RoadFairways, Louth Road, Market Rasen, LN8 5LB
Sold Sep 2013£200,000 | 4 Bed HouseLouth RoadSunkist, Louth Road, Market Rasen, LN8 5LB
Sold Aug 2012£265,000 | 4 Bed HouseLouth RoadThe Pines, Louth Road, Market Rasen, LN8 5LB
Sold Jul 2010£170,000 | 3 Bed HouseLouth RoadCaravel, Louth Road, Market Rasen, LN8 5LB
Sold May 2007£240,000 | 4 Bed HouseLouth RoadHighfield, Louth Road, Market Rasen, LN8 5LB
Sold Jun 2001£115,000 | 4 Bed HouseLouth RoadFairways, Louth Road, Market Rasen, LN8 5LB
Sold Oct 1996£78,000 | 4 Bed HouseLouth RoadAshdene, Louth Road, Market Rasen, LN8 5LB
Nearby Postcodesto LN8 5LB
LN8 5LB is the 593rd largest and the 690th most expensive postcode out of the 920 postcodes in the LN8 area.
- 406 mLN8 5PH, Louth Road, Wragby, Market Rasen, LN8LN8 5PH47 Addresses
- 533 mLN8 5PJ, Silver Street, Wragby, Market Rasen, LN8LN8 5PJ19 Addresses
- 551 mLN8 5YF, Station Drive, Wragby, Market Rasen, LN8LN8 5YF18 Addresses
- 588 mLN8 5RD, Horncastle Road, Wragby, Market Rasen, LN8LN8 5RD6 Addresses
- 593 mLN8 5YB, Bridle Way, Wragby, Market Rasen, LN8LN8 5YB27 Addresses
- 620 mLN8 5YA, Ropewalk, Wragby, Market Rasen, LN8LN8 5YA21 Addresses
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Property Typesin LN8 5LB
- 5 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 2 early-century houses built between 1912 and 1935
- 4 other addresses of unknown type
- modern house (5)
- mid-century house (1)
- house (1)
- early-century house (2)
- Unknown (4)
Energy Efficiencyof properties in LN8 5LB
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (1)
- F (1)
- C (2)
- G (0)
- D (3)
- No EPC (5)
Top 3 Most Expensive Saleson Louth Road
Schools Nearbyto LN8 5LB
The nearest primary school to LN8 5LB is Wragby Primary School which is 591 metres away.
- 591mWragby Primary School
- 6.9kmLegsby Primary School
- 9.0kmBardney Church of England and Methodist Primary School
The nearest secondary school is De Aston School which is 10.4 kilometres away.
- 10.4kmDe Aston School
- 12.2kmThe Priory Pembroke Academy
- 12.6kmWilliam Farr CofE Comprehensive School
More reading links
Public Transport Nearbyto LN8 5LB
The closest station to LN8 5LB is Market Rasen station which is 10.7 kilometres away.
- 10.7kmMarket Rasen
- 18.0kmLincoln
- 18.3kmMetheringham
- 23.0kmHykeham
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