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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
LN8 5LPHouse Prices / East Midlands, East Lindsey, Wass Lane
Last updated May 2026
Key Postcode Insights
LN8 5LP is a residential postcode situated on Wass Lane, Sotby, Market Rasen, LN8 with 8 addresses.
It ranks as the 425th largest and 656th most expensive of the 920 postcodes in the LN8 area.
The postcode contains a total of 8 properties: 6 houses and 2 flats.
8
Properties
- Houses
- Flats
Key Postcode Insights
LN8 5LP is a residential postcode situated on Wass Lane, Sotby, Market Rasen, LN8 with 8 addresses.
It ranks as the 425th largest and 656th most expensive of the 920 postcodes in the LN8 area.
The postcode contains a total of 8 properties: 6 houses and 2 flats.
8
Properties
- Houses
- Flats
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House Pricesin LN8 5LP
Sale prices range from £90,484 for 2 bedroom Leasehold flats (913 ft2) to £494,282 for 5 bedroom freehold houses with a garden (2,551 ft2) .
Monthly rental prices range from £403 pcm for 2 bed flats to £1,715 pcm for 5 bed houses.
The gross rental yield is between 4.1% and 5.3%.
The average value per square foot is £224.
Average Sale Value
£293,765
Average Rental Value
£1,077 pcm
Average Rental Yield
4.4% /year
Average Value Per Sqft
£224 /ft2
Sales Market Trendsin LN8 5LP
The current average value in the postcode is £293,765.
The LN8 5LP Sales Market has increased by 35.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.5% | £293,765 |
| April 2025 | -0.1% | £304,425 |
| April 2024 | -0.3% | £304,768 |
| April 2023 | 2.8% | £305,707 |
| April 2022 | 10.6% | £297,521 |
| April 2021 | 5% | £269,023 |
| April 2020 | 1.7% | £256,297 |
| April 2019 | 5.5% | £252,059 |
| April 2018 | 3.2% | £238,966 |
| April 2017 | 6.6% | £231,650 |
| April 2016 | 2.7% | £217,340 |
| April 2015 | 4.6% | £211,553 |
| April 2014 | 4.5% | £202,200 |
| April 2013 | 1.2% | £193,469 |
| April 2012 | -0.3% | £191,227 |
| April 2011 | -2.6% | £191,784 |
| April 2010 | 3.5% | £196,998 |
| April 2009 | -8.9% | £190,385 |
| April 2008 | -0.8% | £208,885 |
| April 2007 | 0% | £210,671 |
Rental Market Trendsin LN8 5LP
The current average rental value in the postcode is £1,077.
The LN8 5LP Rental Market has increased by 39.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,077pcm |
| April 2025 | 4.1% | £1,050pcm |
| April 2024 | 5.8% | £1,009pcm |
| April 2023 | 6.2% | £954pcm |
| April 2022 | 7.7% | £898pcm |
| April 2021 | 1.7% | £834pcm |
| April 2020 | 1.7% | £820pcm |
| April 2019 | 0.7% | £806pcm |
| April 2018 | 1.2% | £801pcm |
| April 2017 | 2.3% | £791pcm |
| April 2016 | 2.6% | £773pcm |
| April 2015 | 0.6% | £753pcm |
| April 2014 | 2.3% | £748pcm |
| April 2013 | 1.6% | £732pcm |
| April 2012 | 0.2% | £720pcm |
| April 2011 | 2.6% | £718pcm |
| April 2010 | 3.9% | £700pcm |
| April 2009 | -1.7% | £674pcm |
| April 2008 | -3.1% | £685pcm |
| April 2007 | 0% | £708pcm |
Properties and Buildingsin LN8 5LP, Wass Lane, Sotby, Market Rasen, LN8
- Chapel Cottage, Wass Lane, Market Rasen, LN8 5LP
- Foremans Cottage, Wass Lane, Market Rasen, LN8 5LP
- Gospel Hill, Wass Lane, Market Rasen, LN8 5LP
- Manor Farm Cottage, Wass Lane, Sotby, Market Rasen, LN8Building 2 units
- Sycamore Farm, Wass Lane, Market Rasen, LN8 5LP
- The Cottage, Wass Lane, Market Rasen, LN8 5LP
- The Manor House, Wass Lane, Market Rasen, LN8 5LP
Nearby Postcodesto LN8 5LP
LN8 5LP is the 425th largest and the 656th most expensive postcode out of the 920 postcodes in the LN8 area.
- 263 mLN8 5LH, Main Road, Sotby, Market Rasen, LN8LN8 5LH14 Addresses
- 1.1 kmLN8 5LR, Moor Lane, Sotby, Market Rasen, LN8LN8 5LR4 Addresses
- 2.3 kmLN8 5LS, Hatton, Market Rasen, LN8LN8 5LS6 Addresses
- 2.5 kmLN8 5LN, Ranby, Market Rasen, LN8LN8 5LN27 Addresses
- 2.6 kmLN8 5LJ, Market Stainton, Market Rasen, LN8LN8 5LJ16 Addresses
- 2.7 kmLN8 6JR, Silver Street, Benniworth, Market Rasen, LN8LN8 6JR10 Addresses
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Property Typesin LN8 5LP
- 8 other addresses of unknown type
- Unknown (8)
Energy Efficiencyof properties in LN8 5LP
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (8)
Schools Nearbyto LN8 5LP
The nearest primary school to LN8 5LP is The Donington-on-Bain School which is 5.5 kilometres away.
- 5.5kmThe Donington-on-Bain School
- 6.9kmWragby Primary School
- 7.2kmScamblesby Church of England Primary School
The nearest secondary school is Queen Elizabeth's Grammar School, Horncastle which is 10.0 kilometres away.
- 10.0kmQueen Elizabeth's Grammar School, Horncastle
- 11.1kmThe Banovallum School
- 13.7kmDe Aston School
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Public Transport Nearbyto LN8 5LP
The closest station to LN8 5LP is Market Rasen station which is 14.2 kilometres away.
- 14.2kmMarket Rasen
- 21.2kmMetheringham
- 24.0kmLincoln
- 28.8kmHykeham
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