Rand, Market Rasen - LN8 5NJ
Key Postcode Insights
LN8 5NJ is a residential postcode situated on Rand, Market Rasen, LN8 with 16 addresses.
It ranks as the 669th largest and 851st 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 16 properties: 16 houses.
- Ave. Sale Price
- £467,981
- 10 Year change
- up 39.7%
- Ave. Rental Price
- £1,756pcm
- 10 Year change
- up 50.7%
- Ave. £ per ft²
- £190/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
LN8 5NJ is a residential postcode situated on Rand, Market Rasen, LN8 with 16 addresses.
It ranks as the 669th largest and 851st 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 16 properties: 16 houses.
- Ave. Sale Price
- £467,981
- 10 Year change
- up 39.7%
- Ave. Rental Price
- £1,756pcm
- 10 Year change
- up 50.7%
- Ave. £ per ft²
- £190/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin LN8 5NJ
- 1 The Cottage Market Rasen
4 Bed Period House
- 2 The Cottage Market Rasen
3 Bed Period House
- Brookside
4 Bed Modern House
- Church Farm
4 Bed Period House
- Coach House
5 Bed Modern House
Sales Market Trends
The last sale in LN8 5NJ sold for £130,000 on 28th March 2025. Since then prices are up an average of 25.3%.
The current average value in the postcode is £467,981.
The LN8 5NJ Sales Market has increased by 39.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £467,981 |
| June 2025 | 0.7% | £477,715 |
| June 2024 | -1% | £474,487 |
| June 2023 | 1.3% | £479,260 |
| June 2022 | 11.1% | £473,210 |
| June 2021 | 7.1% | £425,975 |
| June 2020 | 3.7% | £397,795 |
| June 2019 | 3.7% | £383,774 |
| June 2018 | 4.3% | £369,969 |
| June 2017 | 5.9% | £354,613 |
| June 2016 | 4.6% | £334,961 |
| June 2015 | 4.8% | £320,099 |
| June 2014 | 5.6% | £305,347 |
| June 2013 | 0.3% | £289,019 |
| June 2012 | -0.7% | £288,202 |
| June 2011 | 0% | £290,373 |
| June 2010 | 7.5% | £290,255 |
| June 2009 | -8.5% | £269,993 |
| June 2008 | -1.8% | £295,215 |
| June 2007 | 0% | £300,524 |
Rental Market Trends
The current average rental value in the postcode is £1,756.
The LN8 5NJ Rental Market has increased by 50.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,756pcm |
| June 2025 | 2.8% | £1,699pcm |
| June 2024 | 5.6% | £1,653pcm |
| June 2023 | 8.7% | £1,564pcm |
| June 2022 | 6.1% | £1,439pcm |
| June 2021 | 6.2% | £1,356pcm |
| June 2020 | 2.2% | £1,277pcm |
| June 2019 | 2.2% | £1,249pcm |
| June 2018 | 2.2% | £1,223pcm |
| June 2017 | 2.7% | £1,197pcm |
| June 2016 | 4.2% | £1,165pcm |
| June 2015 | 1.8% | £1,118pcm |
| June 2014 | 3.1% | £1,098pcm |
| June 2013 | 0.7% | £1,065pcm |
| June 2012 | 0.8% | £1,057pcm |
| June 2011 | 2.5% | £1,048pcm |
| June 2010 | 3.5% | £1,022pcm |
| June 2009 | -2.2% | £988pcm |
| June 2008 | 1% | £1,009pcm |
| June 2007 | 0% | £1,000pcm |
Sales History
The last sale was on 28th March 2025 for £130,000 and since then the market in the area has increased by 25.3%. The postcode has had a total of 10 sales since 1995.
LN8 5NJ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2025£130,000 | 4 Bed HouseThe Bungalow, Market Rasen, LN8 5NJThe Bungalow, Market Rasen, LN8 5NJ
- Sold Dec 2018£572,000 | 5 Bed HouseCoach House, Market Rasen, LN8 5NJCoach House, Market Rasen, LN8 5NJ
- Sold Aug 2018£355,000 | 5 Bed HouseFieldview, Market Rasen, LN8 5NJFieldview, Market Rasen, LN8 5NJ
- Sold Jun 2018£10,000 | 5 Bed HouseThe Granary, Market Rasen, LN8 5NJThe Granary, Market Rasen, LN8 5NJ
- Sold May 2018£750,000 | 5 Bed HouseHome Farm, Market Rasen, LN8 5NJHome Farm, Market Rasen, LN8 5NJ
Nearby Postcodes
LN8 5NJ is the 669th largest and the 851st most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 5NT, Lincoln Road, Goltho, Market Rasen, LN8LN8 5NT1 Addresses|794 m away
- LN8 5NS, Rand, Market Rasen, LN8LN8 5NS4 Addresses|1.1 km away
- LN8 5NR, Shortwood Lane, Bullington, Market Rasen, LN8LN8 5NR8 Addresses|1.5 km away
- LN8 5NL, Fulnetby, Market Rasen, LN8LN8 5NL3 Addresses|1.6 km away
- LN8 5NW, Bullington, Market Rasen, LN8LN8 5NW7 Addresses|1.8 km away
Property Types
- 4 period houses built between 1800 and 1911
- 4 modern houses built after 1980
- 3 mid-century houses built between 1936 and 1979
- 5 other addresses of unknown type
- period house (4)
- modern house (4)
- mid-century house (3)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (2)
- G (0)
- D (6)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold May 2018£750,000 | 5 Bed HouseHome Farm, Market Rasen, LN8 5NJHome Farm, Market Rasen, LN8 5NJ
- Sold Dec 2018£572,000 | 5 Bed HouseCoach House, Market Rasen, LN8 5NJCoach House, Market Rasen, LN8 5NJ
- Sold Mar 2018£422,500 | 4 Bed HouseBrookside, Market Rasen, LN8 5NJBrookside, Market Rasen, LN8 5NJ
Schools Nearby
- Wragby Primary School2.9 km away
- Ellison Boulters Church of England Primary School7.3 km away
- Faldingworth Community Primary School7.3 km away
- William Farr CofE Comprehensive School9.4 km away
- The Priory Pembroke Academy9.4 km away
- De Aston School10.1 km away
More reading links
Public Transport Nearby
The closest station to LN8 5NJ is Market Rasen station, which is 10.1 kilometres away.
- Market Rasen|10.1 km away
- Lincoln|15.2 km away
- Metheringham|17.5 km away
- Hykeham|20.3 km away
