Horncastle Road - LN8 5RD
Key Postcode Insights
LN8 5RD is a residential postcode situated on Horncastle Road, Wragby, Market Rasen, LN8 with 6 addresses.
It ranks as the 362nd largest and 394th most expensive of the 920 postcodes in the LN8 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £226,149
- 10 Year change
- up 41.6%
- Ave. Rental Price
- £1,102pcm
- 10 Year change
- up 51.4%
- Ave. £ per ft²
- £193/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
LN8 5RD is a residential postcode situated on Horncastle Road, Wragby, Market Rasen, LN8 with 6 addresses.
It ranks as the 362nd largest and 394th most expensive of the 920 postcodes in the LN8 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £226,149
- 10 Year change
- up 41.6%
- Ave. Rental Price
- £1,102pcm
- 10 Year change
- up 51.4%
- Ave. £ per ft²
- £193/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin LN8 5RD
- 3A Horncastle Road
4 Bed Modern House
- 3 Horncastle Road
4 Bed Modern House
- 5 Horncastle Road
4 Bed Modern House
- 7 Horncastle Road
2 Bed House
- 9 Horncastle Road
3 Bed Period House
Sales Market Trends
The last sale in LN8 5RD sold for £120,000 on 19th September 2025. Since then prices are up an average of 0.3%.
The current average value in the postcode is £226,149.
The LN8 5RD Sales Market has increased by 41.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £226,149 |
| June 2025 | 0.8% | £228,036 |
| June 2024 | -0.7% | £226,235 |
| June 2023 | 0.8% | £227,748 |
| June 2022 | 12.1% | £225,876 |
| June 2021 | 6.8% | £201,544 |
| June 2020 | 3.4% | £188,725 |
| June 2019 | 4.2% | £182,496 |
| June 2018 | 3.6% | £175,137 |
| June 2017 | 5.8% | £169,042 |
| June 2016 | 3.1% | £159,728 |
| June 2015 | 5.4% | £154,924 |
| June 2014 | 6.7% | £146,982 |
| June 2013 | -0.2% | £137,759 |
| June 2012 | -0.9% | £138,048 |
| June 2011 | -1.3% | £139,258 |
| June 2010 | 6% | £141,133 |
| June 2009 | -9.8% | £133,174 |
| June 2008 | -2.7% | £147,566 |
| June 2007 | 0% | £151,720 |
Rental Market Trends
The current average rental value in the postcode is £1,102.
The LN8 5RD Rental Market has increased by 51.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.6% | £1,102pcm |
| June 2025 | 3.9% | £1,054pcm |
| June 2024 | 5.5% | £1,015pcm |
| June 2023 | 7.8% | £962pcm |
| June 2022 | 7.4% | £893pcm |
| June 2021 | 6.3% | £832pcm |
| June 2020 | 2% | £783pcm |
| June 2019 | 1.7% | £767pcm |
| June 2018 | 1.4% | £755pcm |
| June 2017 | 2.2% | £744pcm |
| June 2016 | 3.5% | £728pcm |
| June 2015 | 1.6% | £704pcm |
| June 2014 | 4.3% | £692pcm |
| June 2013 | 0% | £664pcm |
| June 2012 | 0.3% | £663pcm |
| June 2011 | 1.9% | £661pcm |
| June 2010 | 2.4% | £649pcm |
| June 2009 | -3% | £634pcm |
| June 2008 | -1.6% | £654pcm |
| June 2007 | 0% | £665pcm |
Sales History
The last sale was on 19th September 2025 for £120,000 and since then the market in the area has increased by 0.3%. The postcode has had a total of 4 sales since 1995.
LN8 5RD has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£120,000 | 2 Bed House7, Horncastle Road, Market Rasen, LN8 5RD7, Horncastle Road, Market Rasen, LN8 5RD
- Sold Aug 2022£170,000 | 3 Bed House9, Horncastle Road, Market Rasen, LN8 5RD9, Horncastle Road, Market Rasen, LN8 5RD
- Sold Sep 2021£315,000 | 4 Bed House3A, Horncastle Road, Market Rasen, LN8 5RD3A, Horncastle Road, Market Rasen, LN8 5RD
- Sold Dec 2016£190,000 | 4 Bed House5, Horncastle Road, Market Rasen, LN8 5RD5, Horncastle Road, Market Rasen, LN8 5RD
Nearby Postcodes
LN8 5RD is the 362nd largest and the 394th most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 5YB, Bridle Way, Wragby, Market Rasen, LN8LN8 5YB28 Addresses|117 m away
- LN8 5YF, Station Drive, Wragby, Market Rasen, LN8LN8 5YF18 Addresses|139 m away
- LN8 5RR, Station Mews, Wragby, Market Rasen, LN8LN8 5RR9 Addresses|145 m away
- LN8 5RB, Horncastle Road, Wragby, Market Rasen, LN8LN8 5RB40 Addresses|178 m away
- LN8 5SL, Manor Drive, Wragby, Market Rasen, LN8LN8 5SL21 Addresses|260 m away
Property Types
- 1 period house built between 1800 and 1911
- 3 modern houses built after 1980
- 1 house of an unknown age
- 1 other address of unknown type
- period house (1)
- modern house (3)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is B.
- A (1)
- E (1)
- B (2)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
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 School7.5 km away
- Bardney Church of England and Methodist Primary School8.5 km away
- De Aston School11.0 km away
- The Priory Pembroke Academy12.0 km away
- William Farr CofE Comprehensive School12.8 km away
More reading links
Public Transport Nearby
The closest station to LN8 5RD is Market Rasen station, which is 11.3 kilometres away.
- Market Rasen|11.3 km away
- Metheringham|17.8 km away
- Lincoln|17.9 km away
- Hykeham|22.8 km away