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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
LN8 5RDHouse Prices / East Midlands, East Lindsey, Horncastle Road
Last updated May 2026
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 391st most expensive of the 920 postcodes in the LN8 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 6 houses.
6
Properties
- Houses
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 391st most expensive of the 920 postcodes in the LN8 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 6 houses.
6
Properties
- Houses
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House Pricesin LN8 5RD
Sale prices range from £121,756 for 2 bedroom freehold houses with a garden (376 ft2) to £289,110 for 4 bedroom freehold houses with a garden (1,819 ft2) .
Monthly rental prices range from £637 pcm for 2 bed houses to £1,328 pcm for 4 bed houses.
The gross rental yield is between 5.5% and 6.3%.
The average value per square foot is £191.
Average Sale Value
£223,883
Average Rental Value
£1,078 pcm
Average Rental Yield
5.8% /year
Average Value Per Sqft
£191 /ft2
Sales Market Trendsin LN8 5RD
The last sale in LN8 5RD sold for £120,000 on 19th September 2025. Since then prices are down an average of 0.9%.
The current average value in the postcode is £223,883.
The LN8 5RD Sales Market has increased by 38.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.5% | £223,883 |
| April 2025 | 1.2% | £229,635 |
| April 2024 | -1.9% | £226,897 |
| April 2023 | 3.3% | £231,195 |
| April 2022 | 11.6% | £223,889 |
| April 2021 | 6.2% | £200,596 |
| April 2020 | 2.8% | £188,819 |
| April 2019 | 4.3% | £183,656 |
| April 2018 | 3.3% | £176,098 |
| April 2017 | 5.6% | £170,407 |
| April 2016 | 4.5% | £161,434 |
| April 2015 | 5.8% | £154,450 |
| April 2014 | 5.2% | £146,046 |
| April 2013 | 1.7% | £138,774 |
| April 2012 | -0.5% | £136,442 |
| April 2011 | -2.6% | £137,110 |
| April 2010 | 4.4% | £140,769 |
| April 2009 | -10.6% | £134,840 |
| April 2008 | -0.8% | £150,896 |
| April 2007 | 0% | £152,037 |
Rental Market Trendsin LN8 5RD
The current average rental value in the postcode is £1,078.
The LN8 5RD Rental Market has increased by 41.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £1,078pcm |
| April 2025 | 5% | £1,041pcm |
| April 2024 | 4.2% | £992pcm |
| April 2023 | 6.9% | £952pcm |
| April 2022 | 8.2% | £891pcm |
| April 2021 | 2.6% | £824pcm |
| April 2020 | 1.6% | £803pcm |
| April 2019 | 0.6% | £791pcm |
| April 2018 | 0.7% | £786pcm |
| April 2017 | 2.3% | £781pcm |
| April 2016 | 2.5% | £763pcm |
| April 2015 | 2.3% | £744pcm |
| April 2014 | 3.2% | £727pcm |
| April 2013 | 2.1% | £705pcm |
| April 2012 | 0.5% | £690pcm |
| April 2011 | 2.1% | £687pcm |
| April 2010 | 4.4% | £673pcm |
| April 2009 | -4.4% | £644pcm |
| April 2008 | 2% | £674pcm |
| April 2007 | 0% | £660pcm |
Explore Propertiesin LN8 5RD, Horncastle Road, Wragby, Market Rasen, LN8
- 3A, Horncastle Road, Market Rasen, LN8 5RD4 bed modern house
- 3, Horncastle Road, Market Rasen, LN8 5RD4 bed modern house
- 5, Horncastle Road, Market Rasen, LN8 5RD4 bed modern house
- 7, Horncastle Road, Market Rasen, LN8 5RD2 bed house
- 9, Horncastle Road, Market Rasen, LN8 5RD3 bed period house
- 11, Horncastle Road, Market Rasen, LN8 5RD
Sales Historyin LN8 5RD
The last sale was on 19th September 2025 for £120,000 and since then the market in the area has decreased by 0.9%. 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 HouseHorncastle Road7, Horncastle Road, Market Rasen, LN8 5RD
Sold Aug 2022£170,000 | 3 Bed HouseHorncastle Road9, Horncastle Road, Market Rasen, LN8 5RD
Sold Sep 2021£315,000 | 4 Bed HouseHorncastle Road3A, Horncastle Road, Market Rasen, LN8 5RD
Sold Dec 2016£190,000 | 4 Bed HouseHorncastle Road5, Horncastle Road, Market Rasen, LN8 5RD
Nearby Postcodesto LN8 5RD
LN8 5RD is the 362nd largest and the 391st most expensive postcode out of the 920 postcodes in the LN8 area.
- 125 mLN8 5YB, Bridle Way, Wragby, Market Rasen, LN8LN8 5YB27 Addresses
- 139 mLN8 5YF, Station Drive, Wragby, Market Rasen, LN8LN8 5YF18 Addresses
- 145 mLN8 5RR, Station Mews, Wragby, Market Rasen, LN8LN8 5RR9 Addresses
- 178 mLN8 5RB, Horncastle Road, Wragby, Market Rasen, LN8LN8 5RB40 Addresses
- 260 mLN8 5SL, Manor Drive, Wragby, Market Rasen, LN8LN8 5SL21 Addresses
- 286 mLN8 5UT, The Oaklands, Wragby, Market Rasen, LN8LN8 5UT19 Addresses
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Property Typesin LN8 5RD
- 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 Efficiencyof properties in LN8 5RD
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is B.
- A (1)
- E (1)
- B (2)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Saleson Horncastle Road
Schools Nearbyto LN8 5RD
The nearest primary school to LN8 5RD is Wragby Primary School which is 508 metres away.
- 508mWragby Primary School
- 7.5kmLegsby Primary School
- 8.5kmBardney Church of England and Methodist Primary School
The nearest secondary school is De Aston School which is 11.0 kilometres away.
- 11.0kmDe Aston School
- 12.0kmThe Priory Pembroke Academy
- 12.8kmWilliam Farr CofE Comprehensive School
More reading links
Public Transport Nearbyto LN8 5RD
The closest station to LN8 5RD is Market Rasen station which is 11.3 kilometres away.
- 11.3kmMarket Rasen
- 17.8kmMetheringham
- 17.9kmLincoln
- 22.8kmHykeham
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