Newton Close - LN8 5PL
Key Postcode Insights
LN8 5PL is a residential postcode situated on Newton Close, Wragby, Market Rasen, LN8 with 40 addresses.
It ranks as the 875th largest and 94th 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 40 properties: 32 houses and 8 flats.
- Ave. Sale Price
- £123,768
- 10 Year change
- up 37.9%
- Ave. Rental Price
- £683pcm
- 10 Year change
- up 47.4%
- Ave. £ per ft²
- £154/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
LN8 5PL is a residential postcode situated on Newton Close, Wragby, Market Rasen, LN8 with 40 addresses.
It ranks as the 875th largest and 94th 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 40 properties: 32 houses and 8 flats.
- Ave. Sale Price
- £123,768
- 10 Year change
- up 37.9%
- Ave. Rental Price
- £683pcm
- 10 Year change
- up 47.4%
- Ave. £ per ft²
- £154/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin LN8 5PL
- 6 Newton Close
3 Bed Mid-century House
- 8 Newton Close
Unknown
- 10 Newton Close
3 Bed Mid-century House
- 12 Newton Close
3 Bed Mid-century House
- 14 Newton Close
2 Bed Mid-century House
Sales Market Trends
The last sale in LN8 5PL sold for £118,000 on 27th November 2024. Since then prices are up an average of 0.4%.
The current average value in the postcode is £123,768.
The LN8 5PL Sales Market has increased by 37.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £123,768 |
| June 2025 | 0.7% | £124,377 |
| June 2024 | -0.2% | £123,493 |
| June 2023 | 0.3% | £123,786 |
| June 2022 | 11.7% | £123,378 |
| June 2021 | 5.9% | £110,487 |
| June 2020 | 3.4% | £104,301 |
| June 2019 | 4% | £100,836 |
| June 2018 | 2.8% | £96,944 |
| June 2017 | 5.1% | £94,299 |
| June 2016 | 2.3% | £89,752 |
| June 2015 | 5.2% | £87,750 |
| June 2014 | 6.4% | £83,429 |
| June 2013 | -0.3% | £78,440 |
| June 2012 | -0.8% | £78,703 |
| June 2011 | -2.1% | £79,341 |
| June 2010 | 4.4% | £81,002 |
| June 2009 | -10.9% | £77,554 |
| June 2008 | -2.7% | £87,082 |
| June 2007 | 0% | £89,538 |
Rental Market Trends
The current average rental value in the postcode is £683.
The LN8 5PL Rental Market has increased by 47.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £683pcm |
| June 2025 | 3.8% | £651pcm |
| June 2024 | 5.9% | £627pcm |
| June 2023 | 7.2% | £592pcm |
| June 2022 | 7% | £552pcm |
| June 2021 | 5.4% | £516pcm |
| June 2020 | 2% | £490pcm |
| June 2019 | 1.5% | £480pcm |
| June 2018 | 0.6% | £473pcm |
| June 2017 | 1.5% | £470pcm |
| June 2016 | 2.7% | £463pcm |
| June 2015 | 1.4% | £451pcm |
| June 2014 | 4% | £445pcm |
| June 2013 | -0.1% | £428pcm |
| June 2012 | 0.4% | £428pcm |
| June 2011 | 1.1% | £426pcm |
| June 2010 | 0.9% | £422pcm |
| June 2009 | -4.3% | £418pcm |
| June 2008 | -1.6% | £437pcm |
| June 2007 | 0% | £444pcm |
Sales History
The last sale was on 27th November 2024 for £118,000 and since then the market in the area has increased by 0.4%. The postcode has had a total of 16 sales since 1995.
LN8 5PL has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2024£118,000 | 3 Bed House40, Newton Close, Market Rasen, LN8 5PL40, Newton Close, Market Rasen, LN8 5PL
- Sold Mar 2023£163,000 | 3 Bed House58, Newton Close, Market Rasen, LN8 5PL58, Newton Close, Market Rasen, LN8 5PL
- Sold Feb 2019£120,000 | 3 Bed House50, Newton Close, Market Rasen, LN8 5PL50, Newton Close, Market Rasen, LN8 5PL
- Sold Feb 2018£124,000 | 3 Bed House34, Newton Close, Market Rasen, LN8 5PL34, Newton Close, Market Rasen, LN8 5PL
- Sold Nov 2016£98,500 | 3 Bed House56, Newton Close, Market Rasen, LN8 5PL56, Newton Close, Market Rasen, LN8 5PL
Nearby Postcodes
LN8 5PL is the 875th largest and the 94th most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 5PN, Newton Close, Wragby, Market Rasen, LN8LN8 5PN31 Addresses|73 m away
- LN8 5PA, Willow Court, Wragby, Market Rasen, LN8LN8 5PA7 Addresses|79 m away
- LN8 5RE, Cemetery Road, Wragby, Market Rasen, LN8LN8 5RE12 Addresses|94 m away
- LN8 5UT, The Oaklands, Wragby, Market Rasen, LN8LN8 5UT19 Addresses|138 m away
- LN8 5AQ, Fields End, Wragby, Market Rasen, LN8LN8 5AQ13 Addresses|148 m away
Property Types
- 2 modern houses built after 1980
- 24 mid-century houses built between 1936 and 1979
- 8 mid-century flats built between 1936 and 1979
- 6 other addresses of unknown type
- modern house (2)
- mid-century house (24)
- mid-century flat (8)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 34 properties.
- The most common rating is E.
- A (0)
- E (11)
- B (6)
- F (1)
- C (7)
- G (0)
- D (9)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Mar 2023£163,000 | 3 Bed House58, Newton Close, Market Rasen, LN8 5PL58, Newton Close, Market Rasen, LN8 5PL
- Sold Feb 2018£124,000 | 3 Bed House34, Newton Close, Market Rasen, LN8 5PL34, Newton Close, Market Rasen, LN8 5PL
- Sold Feb 2019£120,000 | 3 Bed House50, Newton Close, Market Rasen, LN8 5PL50, Newton Close, Market Rasen, LN8 5PL
Schools Nearby
- Wragby Primary School300 m away
- Legsby Primary School7.7 km away
- Bardney Church of England and Methodist Primary School8.3 km away
- De Aston School11.1 km away
- The Priory Pembroke Academy11.7 km away
- William Farr CofE Comprehensive School12.4 km away
More reading links
Public Transport Nearby
The closest station to LN8 5PL is Market Rasen station, which is 11.4 kilometres away.
- Market Rasen|11.4 km away
- Metheringham|17.5 km away
- Lincoln|17.5 km away
- Hykeham|22.5 km away
