Panton, Market Rasen - LN8 5LT
Key Postcode Insights
LN8 5LT is a residential postcode situated on Panton, Market Rasen, LN8 with 2 addresses.
It ranks as the 92nd largest and 608th 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
- £320,631
- 10 Year change
- up 41.4%
- Ave. Rental Price
- £1,336pcm
- 10 Year change
- up 51.2%
- Ave. £ per ft²
- £235/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
LN8 5LT is a residential postcode situated on Panton, Market Rasen, LN8 with 2 addresses.
It ranks as the 92nd largest and 608th 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
- £320,631
- 10 Year change
- up 41.4%
- Ave. Rental Price
- £1,336pcm
- 10 Year change
- up 51.2%
- Ave. £ per ft²
- £235/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin LN8 5LT
Sales Market Trends
The last sale in LN8 5LT sold for £225,000 on 17th February 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £320,631.
The LN8 5LT Sales Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £320,631 |
| June 2025 | 0.4% | £325,256 |
| June 2024 | -0.5% | £323,833 |
| June 2023 | 1.1% | £325,619 |
| June 2022 | 11.7% | £322,182 |
| June 2021 | 6.6% | £288,348 |
| June 2020 | 3.4% | £270,526 |
| June 2019 | 4.5% | £261,540 |
| June 2018 | 4% | £250,308 |
| June 2017 | 6.2% | £240,751 |
| June 2016 | 3% | £226,766 |
| June 2015 | 5.4% | £220,087 |
| June 2014 | 6.1% | £208,780 |
| June 2013 | -0.4% | £196,864 |
| June 2012 | -0.5% | £197,635 |
| June 2011 | -0.8% | £198,580 |
| June 2010 | 6.6% | £200,098 |
| June 2009 | -9.1% | £187,664 |
| June 2008 | -2.5% | £206,369 |
| June 2007 | 0% | £211,621 |
Rental Market Trends
The current average rental value in the postcode is £1,336.
The LN8 5LT Rental Market has increased by 51.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,336pcm |
| June 2025 | 3.5% | £1,286pcm |
| June 2024 | 5.6% | £1,242pcm |
| June 2023 | 8% | £1,176pcm |
| June 2022 | 7.1% | £1,089pcm |
| June 2021 | 6% | £1,017pcm |
| June 2020 | 2% | £959pcm |
| June 2019 | 1.9% | £940pcm |
| June 2018 | 1.8% | £922pcm |
| June 2017 | 2.5% | £906pcm |
| June 2016 | 3.4% | £884pcm |
| June 2015 | 1.6% | £855pcm |
| June 2014 | 3.7% | £841pcm |
| June 2013 | -0.2% | £811pcm |
| June 2012 | 0.7% | £812pcm |
| June 2011 | 2.5% | £806pcm |
| June 2010 | 3% | £787pcm |
| June 2009 | -2.2% | £764pcm |
| June 2008 | -1.4% | £782pcm |
| June 2007 | 0% | £793pcm |
Sales History
The last sale was on 17th February 2025 for £225,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 3 sales since 1995.
LN8 5LT has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2025£225,000 | 3 Bed HouseValley Farm Bungalow, Market Rasen, LN8 5LTValley Farm Bungalow, Market Rasen, LN8 5LT
- Sold Feb 2025£600,000 | 5 Bed HouseValley Farm House, Market Rasen, LN8 5LTValley Farm House, Market Rasen, LN8 5LT
- Sold Jun 1997£215,000 | 3 Bed HouseValley Farm Bungalow, Market Rasen, LN8 5LTValley Farm Bungalow, Market Rasen, LN8 5LT
Nearby Postcodes
LN8 5LT is the 92nd largest and the 608th most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 5LD, Wirehill Lane, Wragby, Market Rasen, LN8LN8 5LD4 Addresses|1.3 km away
- LN8 5LQ, Panton, Market Rasen, LN8LN8 5LQ13 Addresses|1.6 km away
- LN8 5PZ, Walk Lane, Langton-By-Wragby, Market Rasen, LN8LN8 5PZ7 Addresses|1.6 km away
- LN8 5QA, Strubby, Langton-By-Wragby, Market Rasen, LN8LN8 5QA8 Addresses|1.7 km away
- LN8 5LF, Louth Road, West Barkwith, Market Rasen, LN8LN8 5LF23 Addresses|1.7 km away
Property Types
- 2 period houses built between 1800 and 1911
- period house (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jul 2020£699,950 | 5 Bed HouseThe Old Rectory, Market Rasen, LN8 5LQThe Old Rectory, Market Rasen, LN8 5LQ
- Sold Feb 2025£600,000 | 5 Bed HouseValley Farm House, Market Rasen, LN8 5LTValley Farm House, Market Rasen, LN8 5LT
- Sold May 2017£500,000 | 5 Bed HouseWarren House, Market Rasen, LN8 5LQWarren House, Market Rasen, LN8 5LQ
Schools Nearby
- Wragby Primary School3.0 km away
- Legsby Primary School7.3 km away
- The Donington-on-Bain School8.1 km away
- De Aston School11.1 km away
- Queen Elizabeth's Grammar School, Horncastle12.8 km away
- The Banovallum School13.9 km away
More reading links
Public Transport Nearby
The closest station to LN8 5LT is Market Rasen station, which is 11.5 kilometres away.
- Market Rasen|11.5 km away
- Metheringham|19.5 km away
- Lincoln|20.4 km away
- Hykeham|25.4 km away