Horncastle Road - LN8 5RB
Key Postcode Insights
LN8 5RB is a residential postcode situated on Horncastle Road, Wragby, Market Rasen, LN8 with 40 addresses.
It ranks as the 877th largest and 272nd 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: 40 houses.
- Ave. Sale Price
- £217,621
- 10 Year change
- up 41.0%
- Ave. Rental Price
- £1,043pcm
- 10 Year change
- up 50.8%
- Ave. £ per ft²
- £232/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
LN8 5RB is a residential postcode situated on Horncastle Road, Wragby, Market Rasen, LN8 with 40 addresses.
It ranks as the 877th largest and 272nd 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: 40 houses.
- Ave. Sale Price
- £217,621
- 10 Year change
- up 41.0%
- Ave. Rental Price
- £1,043pcm
- 10 Year change
- up 50.8%
- Ave. £ per ft²
- £232/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin LN8 5RB
- 1 Horncastle Road
4 Bed Period House
- 4 Horncastle Road
Unknown
- 6 Horncastle Road
3 Bed Mid-century House
- 8 Horncastle Road
3 Bed Mid-century House
- 10 Horncastle Road
3 Bed Mid-century House
Sales Market Trends
The last sale in LN8 5RB sold for £205,000 on 27th March 2025. Since then prices are down an average of 0.1%.
The current average value in the postcode is £217,621.
The LN8 5RB Sales Market has increased by 41.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £217,621 |
| June 2025 | 0.5% | £220,264 |
| June 2024 | -0.6% | £219,250 |
| June 2023 | 0.9% | £220,534 |
| June 2022 | 11.8% | £218,497 |
| June 2021 | 6.7% | £195,360 |
| June 2020 | 3.4% | £183,043 |
| June 2019 | 4.2% | £176,953 |
| June 2018 | 3.8% | £169,748 |
| June 2017 | 5.9% | £163,492 |
| June 2016 | 3.4% | £154,318 |
| June 2015 | 5.3% | £149,234 |
| June 2014 | 6.3% | £141,763 |
| June 2013 | -0.1% | £133,326 |
| June 2012 | -0.8% | £133,501 |
| June 2011 | -1.2% | £134,581 |
| June 2010 | 6.5% | £136,262 |
| June 2009 | -9.1% | £127,972 |
| June 2008 | -2.6% | £140,817 |
| June 2007 | 0% | £144,514 |
Rental Market Trends
The current average rental value in the postcode is £1,043.
The LN8 5RB Rental Market has increased by 50.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £1,043pcm |
| June 2025 | 3.5% | £1,001pcm |
| June 2024 | 5.6% | £967pcm |
| June 2023 | 7.9% | £916pcm |
| June 2022 | 7.2% | £849pcm |
| June 2021 | 6.2% | £793pcm |
| June 2020 | 2% | £746pcm |
| June 2019 | 1.7% | £732pcm |
| June 2018 | 1.6% | £719pcm |
| June 2017 | 2.3% | £708pcm |
| June 2016 | 3.8% | £692pcm |
| June 2015 | 1.5% | £666pcm |
| June 2014 | 4% | £657pcm |
| June 2013 | 0.1% | £632pcm |
| June 2012 | 0.4% | £631pcm |
| June 2011 | 2% | £628pcm |
| June 2010 | 2.8% | £616pcm |
| June 2009 | -2.3% | £599pcm |
| June 2008 | -1.5% | £613pcm |
| June 2007 | 0% | £622pcm |
Sales History
The last sale was on 27th March 2025 for £205,000 and since then the market in the area has decreased by 0.1%. The postcode has had a total of 41 sales since 1995.
LN8 5RB has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£205,000 | 3 Bed House33, Horncastle Road, Market Rasen, LN8 5RB33, Horncastle Road, Market Rasen, LN8 5RB
- Sold Dec 2024£180,000 | 3 Bed House50, Horncastle Road, Market Rasen, LN8 5RB50, Horncastle Road, Market Rasen, LN8 5RB
- Sold Mar 2024£215,000 | 3 Bed House11A, Horncastle Road, Market Rasen, LN8 5RB11A, Horncastle Road, Market Rasen, LN8 5RB
- Sold Sep 2022£198,995 | 3 Bed House56, Horncastle Road, Market Rasen, LN8 5RB56, Horncastle Road, Market Rasen, LN8 5RB
- Sold Aug 2022£265,995 | 3 Bed House54, Horncastle Road, Market Rasen, LN8 5RB54, Horncastle Road, Market Rasen, LN8 5RB
Nearby Postcodes
LN8 5RB is the 877th largest and the 272nd most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 5RR, Station Mews, Wragby, Market Rasen, LN8LN8 5RR9 Addresses|103 m away
- LN8 5SL, Manor Drive, Wragby, Market Rasen, LN8LN8 5SL21 Addresses|110 m away
- LN8 5UT, The Oaklands, Wragby, Market Rasen, LN8LN8 5UT19 Addresses|148 m away
- LN8 5YB, Bridle Way, Wragby, Market Rasen, LN8LN8 5YB28 Addresses|166 m away
- LN8 5AN, Barleycorn Lane, Wragby, Market Rasen, LN8LN8 5AN46 Addresses|177 m away
Property Types
- 4 period houses built between 1800 and 1911
- 2 modern houses built after 1980
- 19 mid-century houses built between 1936 and 1979
- 8 early-century houses built between 1912 and 1935
- 7 other addresses of unknown type
- period house (4)
- modern house (2)
- mid-century house (19)
- early-century house (8)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 33 properties.
- The most common rating is D.
- A (0)
- E (6)
- B (2)
- F (1)
- C (6)
- G (1)
- D (17)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Sep 2021£315,000 | 4 Bed House3A, Horncastle Road, Market Rasen, LN8 5RD3A, Horncastle Road, Market Rasen, LN8 5RD
- Sold Aug 2022£265,995 | 3 Bed House54, Horncastle Road, Market Rasen, LN8 5RB54, Horncastle Road, Market Rasen, LN8 5RB
- Sold Dec 2020£252,000 | 3 Bed House29, Horncastle Road, Market Rasen, LN8 5RB29, Horncastle Road, Market Rasen, LN8 5RB
Schools Nearby
- Wragby Primary School500 m away
- Legsby Primary School7.6 km away
- Bardney Church of England and Methodist Primary School8.3 km away
- De Aston School11.1 km away
- The Priory Pembroke Academy11.9 km away
- William Farr CofE Comprehensive School12.7 km away
More reading links
Public Transport Nearby
The closest station to LN8 5RB is Market Rasen station, which is 11.4 kilometres away.
- Market Rasen|11.4 km away
- Metheringham|17.6 km away
- Lincoln|17.8 km away
- Hykeham|22.7 km away
