Louth Road - LN8 5PH
Key Postcode Insights
LN8 5PH is a residential postcode situated on Louth Road, Wragby, Market Rasen, LN8 with 47 addresses.
It ranks as the 896th largest and 467th 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 47 properties: 47 houses.
- Ave. Sale Price
- £273,937
- 10 Year change
- up 41.4%
- Ave. Rental Price
- £1,149pcm
- 10 Year change
- up 51.2%
- Ave. £ per ft²
- £243/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
LN8 5PH is a residential postcode situated on Louth Road, Wragby, Market Rasen, LN8 with 47 addresses.
It ranks as the 896th largest and 467th 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 47 properties: 47 houses.
- Ave. Sale Price
- £273,937
- 10 Year change
- up 41.4%
- Ave. Rental Price
- £1,149pcm
- 10 Year change
- up 51.2%
- Ave. £ per ft²
- £243/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin LN8 5PH
- Appledore
4 Bed Mid-century House
- Ashcroft
3 Bed Modern House
- Aura Lodge
4 Bed Modern House
- Beehive Cottage
4 Bed Period House
- Beeswax Cottage
3 Bed Mid-century House
Sales Market Trends
The last sale in LN8 5PH sold for £310,000 on 31st October 2025. Since then prices are up an average of 0.7%.
The current average value in the postcode is £273,937.
The LN8 5PH Sales Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £273,937 |
| June 2025 | 0.6% | £277,283 |
| June 2024 | -0.6% | £275,765 |
| June 2023 | 1% | £277,398 |
| June 2022 | 11.9% | £274,722 |
| June 2021 | 6.7% | £245,611 |
| June 2020 | 3.4% | £230,250 |
| June 2019 | 4.4% | £222,615 |
| June 2018 | 3.8% | £213,307 |
| June 2017 | 6% | £205,424 |
| June 2016 | 3.1% | £193,740 |
| June 2015 | 5.4% | £187,893 |
| June 2014 | 6.3% | £178,284 |
| June 2013 | -0.3% | £167,734 |
| June 2012 | -0.6% | £168,231 |
| June 2011 | -1% | £169,324 |
| June 2010 | 6.4% | £171,043 |
| June 2009 | -9.3% | £160,750 |
| June 2008 | -2.6% | £177,211 |
| June 2007 | 0% | £181,893 |
Rental Market Trends
The current average rental value in the postcode is £1,149.
The LN8 5PH Rental Market has increased by 51.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £1,149pcm |
| June 2025 | 3.6% | £1,103pcm |
| June 2024 | 5.6% | £1,065pcm |
| June 2023 | 7.9% | £1,009pcm |
| June 2022 | 7.2% | £935pcm |
| June 2021 | 6.1% | £872pcm |
| June 2020 | 2% | £822pcm |
| June 2019 | 1.8% | £806pcm |
| June 2018 | 1.6% | £791pcm |
| June 2017 | 2.4% | £778pcm |
| June 2016 | 3.5% | £760pcm |
| June 2015 | 1.6% | £734pcm |
| June 2014 | 4% | £723pcm |
| June 2013 | -0.1% | £695pcm |
| June 2012 | 0.6% | £696pcm |
| June 2011 | 2.2% | £692pcm |
| June 2010 | 2.8% | £677pcm |
| June 2009 | -2.5% | £659pcm |
| June 2008 | -1.5% | £676pcm |
| June 2007 | 0% | £686pcm |
Sales History
The last sale was on 31st October 2025 for £310,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 38 sales since 1995.
LN8 5PH has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£310,000 | 3 Bed HouseAshcroft, Louth Road, Market Rasen, LN8 5PHAshcroft, Louth Road, Market Rasen, LN8 5PH
- Sold Oct 2024£185,000 | 3 Bed HouseOakfield, Louth Road, Market Rasen, LN8 5PHOakfield, Louth Road, Market Rasen, LN8 5PH
- Sold Apr 2024£180,000 | 3 Bed HouseThe Cottage, Louth Road, Market Rasen, LN8 5PHThe Cottage, Louth Road, Market Rasen, LN8 5PH
- Sold Oct 2022£444,000 | 4 Bed HouseEastgate Lodge, Louth Road, Market Rasen, LN8 5PHEastgate Lodge, Louth Road, Market Rasen, LN8 5PH
- Sold Feb 2022£490,000 | 5 Bed HouseThornfield, Louth Road, Market Rasen, LN8 5PHThornfield, Louth Road, Market Rasen, LN8 5PH
Nearby Postcodes
LN8 5PH is the 896th largest and the 467th most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 5PJ, Silver Street, Wragby, Market Rasen, LN8LN8 5PJ19 Addresses|137 m away
- LN8 5YA, Ropewalk, Wragby, Market Rasen, LN8LN8 5YA21 Addresses|286 m away
- LN8 5RA, Church Street, Wragby, Market Rasen, LN8LN8 5RA12 Addresses|303 m away
- LN8 5RA, The Terrace, Wragby, Market Rasen, LN8LN8 5RA3 Addresses|310 m away
- LN8 5YF, Station Drive, Wragby, Market Rasen, LN8LN8 5YF18 Addresses|331 m away
Property Types
- 3 period houses built between 1800 and 1911
- 6 modern houses built after 1980
- 16 mid-century houses built between 1936 and 1979
- 3 houses of an unknown age
- 1 early-century house built between 1912 and 1935
- 18 other addresses of unknown type
- period house (3)
- modern house (6)
- mid-century house (16)
- house (3)
- early-century house (1)
- Unknown (18)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The most common rating is E.
- A (0)
- E (8)
- B (2)
- F (5)
- C (6)
- G (0)
- D (5)
- No EPC (21)
Top 3 Most Expensive Sales
- Sold Feb 2022£490,000 | 5 Bed HouseThornfield, Louth Road, Market Rasen, LN8 5PHThornfield, Louth Road, Market Rasen, LN8 5PH
- Sold Sep 2023£455,000 | 4 Bed HouseFairways, Louth Road, Market Rasen, LN8 5LBFairways, Louth Road, Market Rasen, LN8 5LB
- Sold Oct 2022£444,000 | 4 Bed HouseEastgate Lodge, Louth Road, Market Rasen, LN8 5PHEastgate Lodge, Louth Road, Market Rasen, LN8 5PH
Schools Nearby
- Wragby Primary School200 m away
- Legsby Primary School7.2 km away
- Bardney Church of England and Methodist Primary School8.7 km away
- De Aston School10.6 km away
- The Priory Pembroke Academy11.8 km away
- William Farr CofE Comprehensive School12.4 km away
More reading links
Public Transport Nearby
The closest station to LN8 5PH is Market Rasen station, which is 10.9 kilometres away.
- Market Rasen|10.9 km away
- Lincoln|17.7 km away
- Metheringham|17.9 km away
- Hykeham|22.6 km away
