Market Place - LN8 5QU
Key Postcode Insights
LN8 5QU is a residential postcode situated on Market Place, Wragby, Market Rasen, LN8 with 28 addresses.
It ranks as the 809th largest and 76th most expensive of the 920 postcodes in the LN8 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 28 properties: 15 houses and 13 flats.
- Ave. Sale Price
- £157,784
- 10 Year change
- up 35.8%
- Ave. Rental Price
- £761pcm
- 10 Year change
- up 45.2%
- Ave. £ per ft²
- £152/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
LN8 5QU is a residential postcode situated on Market Place, Wragby, Market Rasen, LN8 with 28 addresses.
It ranks as the 809th largest and 76th most expensive of the 920 postcodes in the LN8 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 28 properties: 15 houses and 13 flats.
- Ave. Sale Price
- £157,784
- 10 Year change
- up 35.8%
- Ave. Rental Price
- £761pcm
- 10 Year change
- up 45.2%
- Ave. £ per ft²
- £152/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin LN8 5QU
- Barley Cottage
3 Bed Modern House
- Bramley Barn
4 Bed Period House
- Brewery House
3 Bed Modern House
- Brewmasters Lodge
3 Bed Modern House
- Corn Dolly Flat
2 Bed Period Flat
Sales Market Trends
The last sale in LN8 5QU sold for £120,000 on 28th March 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £157,784.
The LN8 5QU Sales Market has increased by 35.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £157,784 |
| June 2025 | 0% | £159,515 |
| June 2024 | 0.1% | £159,522 |
| June 2023 | 0.5% | £159,388 |
| June 2022 | 11% | £158,607 |
| June 2021 | 5.4% | £142,936 |
| June 2020 | 3.6% | £135,665 |
| June 2019 | 4% | £130,937 |
| June 2018 | 3% | £125,887 |
| June 2017 | 5.2% | £122,178 |
| June 2016 | 2.2% | £116,164 |
| June 2015 | 4.9% | £113,608 |
| June 2014 | 5.4% | £108,338 |
| June 2013 | -0.3% | £102,768 |
| June 2012 | -0.6% | £103,111 |
| June 2011 | -1.9% | £103,729 |
| June 2010 | 4.8% | £105,725 |
| June 2009 | -10.3% | £100,886 |
| June 2008 | -2.7% | £112,477 |
| June 2007 | 0% | £115,587 |
Rental Market Trends
The current average rental value in the postcode is £761.
The LN8 5QU Rental Market has increased by 45.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £761pcm |
| June 2025 | 3% | £730pcm |
| June 2024 | 6.3% | £709pcm |
| June 2023 | 7.4% | £667pcm |
| June 2022 | 6.3% | £621pcm |
| June 2021 | 4.8% | £584pcm |
| June 2020 | 2.2% | £557pcm |
| June 2019 | 1.5% | £545pcm |
| June 2018 | 0.9% | £537pcm |
| June 2017 | 1.6% | £533pcm |
| June 2016 | 2.6% | £524pcm |
| June 2015 | 1.1% | £511pcm |
| June 2014 | 3.1% | £505pcm |
| June 2013 | -0.1% | £490pcm |
| June 2012 | 0.6% | £491pcm |
| June 2011 | 1.3% | £488pcm |
| June 2010 | 1.2% | £482pcm |
| June 2009 | -3.6% | £476pcm |
| June 2008 | -1.6% | £493pcm |
| June 2007 | 0% | £501pcm |
Sales History
The last sale was on 28th March 2025 for £120,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 15 sales since 1995.
LN8 5QU has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£120,000 | 3 Bed HouseBarley Cottage, Market Place, Market Rasen, LN8 5QUBarley Cottage, Market Place, Market Rasen, LN8 5QU
- Sold Sep 2023£132,500 | 2 Bed HouseHop House, Market Place, Market Rasen, LN8 5QUHop House, Market Place, Market Rasen, LN8 5QU
- Sold Jan 2022£285,000 | 4 Bed House1 The Hangers, Red Lion Yard, Market Place, Market Rasen, LN8 5QU1 The Hangers, Red Lion Yard, Market Place, Market Rasen, LN8 5QU
- Sold Sep 2021£275,000 | 4 Bed House2 The Hangers, Red Lion Yard, Market Place, Market Rasen, LN8 5QU2 The Hangers, Red Lion Yard, Market Place, Market Rasen, LN8 5QU
- Sold Sep 2021£230,000 | 4 Bed HouseBramley Barn, Market Place, Market Rasen, LN8 5QUBramley Barn, Market Place, Market Rasen, LN8 5QU
Nearby Postcodes
LN8 5QU is the 809th largest and the 76th most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 5QY, Turnor Square, Wragby, Market Rasen, LN8LN8 5QY10 Addresses|90 m away
- LN8 5PE, Turnor Close, Wragby, Market Rasen, LN8LN8 5PE10 Addresses|94 m away
- LN8 5PP, Hay Way, Wragby, Market Rasen, LN8LN8 5PP9 Addresses|105 m away
- LN8 5RN, Balmoral Close, Wragby, Market Rasen, LN8LN8 5RN21 Addresses|111 m away
- LN8 5DA, Old Grammar School Way, Wragby, Market Rasen, LN8LN8 5DA9 Addresses|132 m away
Property Types
- 5 period houses built between 1800 and 1911
- 11 period flats built between 1800 and 1911
- 9 modern houses built after 1980
- 3 other addresses of unknown type
- period house (5)
- period flat (11)
- modern house (9)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is D.
- A (0)
- E (7)
- B (4)
- F (1)
- C (3)
- G (1)
- D (8)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Sep 2016£325,000 | 4 Bed HouseThe Old Bakehouse, Market Place, Market Rasen, LN8 5QUThe Old Bakehouse, Market Place, Market Rasen, LN8 5QU
- Sold Jan 2022£285,000 | 4 Bed House1 The Hangers, Red Lion Yard, Market Place, Market Rasen, LN8 5QU1 The Hangers, Red Lion Yard, Market Place, Market Rasen, LN8 5QU
- Sold Sep 2021£275,000 | 4 Bed House2 The Hangers, Red Lion Yard, Market Place, Market Rasen, LN8 5QU2 The Hangers, Red Lion Yard, Market Place, Market Rasen, LN8 5QU
Schools Nearby
- Wragby Primary School300 m away
- Legsby Primary School7.5 km away
- Bardney Church of England and Methodist Primary School8.4 km away
- De Aston School10.8 km away
- The Priory Pembroke Academy11.3 km away
- William Farr CofE Comprehensive School12.0 km away
More reading links
Public Transport Nearby
The closest station to LN8 5QU is Market Rasen station, which is 11.1 kilometres away.
- Market Rasen|11.1 km away
- Lincoln|17.2 km away
- Metheringham|17.5 km away
- Hykeham|22.1 km away
