Willingham Road - LN8 5RP
Key Postcode Insights
LN8 5RP is a residential postcode situated on Willingham Road, East Barkwith, Market Rasen, LN8 with 26 addresses.
It ranks as the 792nd largest and 611th most expensive of the 920 postcodes in the LN8 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 26 properties: 25 houses and 1 flat.
- Ave. Sale Price
- £347,306
- 10 Year change
- up 38.6%
- Ave. Rental Price
- £1,337pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £249/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
LN8 5RP is a residential postcode situated on Willingham Road, East Barkwith, Market Rasen, LN8 with 26 addresses.
It ranks as the 792nd largest and 611th most expensive of the 920 postcodes in the LN8 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 26 properties: 25 houses and 1 flat.
- Ave. Sale Price
- £347,306
- 10 Year change
- up 38.6%
- Ave. Rental Price
- £1,337pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £249/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertiesin LN8 5RP
- Ashdene
3 Bed Mid-century House
- Bramble Cottage
3 Bed Period House
- Byways
3 Bed Period House
- Damson Lodge
5 Bed Modern House
- Fairacre
4 Bed Mid-century House
Sales Market Trends
The last sale in LN8 5RP sold for £185,000 on 29th October 2024. Since then prices are up an average of 0.1%.
The current average value in the postcode is £347,306.
The LN8 5RP Sales Market has increased by 38.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £347,306 |
| June 2025 | 0.3% | £351,532 |
| June 2024 | -0.3% | £350,363 |
| June 2023 | 0.7% | £351,373 |
| June 2022 | 11.4% | £349,047 |
| June 2021 | 6.1% | £313,246 |
| June 2020 | 3.4% | £295,246 |
| June 2019 | 4.1% | £285,549 |
| June 2018 | 3.5% | £274,242 |
| June 2017 | 5.7% | £265,008 |
| June 2016 | 2.8% | £250,626 |
| June 2015 | 5.3% | £243,768 |
| June 2014 | 5.9% | £231,593 |
| June 2013 | -0.3% | £218,627 |
| June 2012 | -0.7% | £219,277 |
| June 2011 | -1.2% | £220,811 |
| June 2010 | 6% | £223,399 |
| June 2009 | -9.5% | £210,843 |
| June 2008 | -2.9% | £233,100 |
| June 2007 | 0% | £240,162 |
Rental Market Trends
The current average rental value in the postcode is £1,337.
The LN8 5RP Rental Market has increased by 48.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £1,337pcm |
| June 2025 | 3.4% | £1,283pcm |
| June 2024 | 5.9% | £1,241pcm |
| June 2023 | 7.6% | £1,172pcm |
| June 2022 | 6.8% | £1,090pcm |
| June 2021 | 5.6% | £1,021pcm |
| June 2020 | 2% | £967pcm |
| June 2019 | 1.6% | £948pcm |
| June 2018 | 1.3% | £933pcm |
| June 2017 | 2.1% | £921pcm |
| June 2016 | 3.2% | £902pcm |
| June 2015 | 1.5% | £874pcm |
| June 2014 | 3.6% | £862pcm |
| June 2013 | -0.1% | £832pcm |
| June 2012 | 0.5% | £832pcm |
| June 2011 | 2% | £828pcm |
| June 2010 | 2.3% | £812pcm |
| June 2009 | -2.8% | £793pcm |
| June 2008 | -1.8% | £815pcm |
| June 2007 | 0% | £831pcm |
Sales History
The last sale was on 29th October 2024 for £185,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 29 sales since 1995.
LN8 5RP has seen 5 sales in the last three years and no sales in the last twelve months.
- Sold Oct 2024£185,000 | 4 Bed HouseFairacre, Willingham Road, Market Rasen, LN8 5RPFairacre, Willingham Road, Market Rasen, LN8 5RP
- Sold Jan 2024£445,000 | 4 Bed HousePoppy House, Willingham Road, Market Rasen, LN8 5RPPoppy House, Willingham Road, Market Rasen, LN8 5RP
- Sold Jul 2023£170,000 | 4 Bed HouseFairacre, Willingham Road, Market Rasen, LN8 5RPFairacre, Willingham Road, Market Rasen, LN8 5RP
- Sold May 2023£560,000 | 5 Bed HouseHambleton House, Willingham Road, Market Rasen, LN8 5RPHambleton House, Willingham Road, Market Rasen, LN8 5RP
- Sold Jan 2023£220,000 | 3 Bed HouseBramble Cottage, Willingham Road, Market Rasen, LN8 5RPBramble Cottage, Willingham Road, Market Rasen, LN8 5RP
Nearby Postcodes
LN8 5RP is the 792nd largest and the 611th most expensive postcode out of the 920 postcodes in the LN8 area.
- LN8 5SA, Hardwick Meadow, East Barkwith, Market Rasen, LN8LN8 5SA3 Addresses|77 m away
- LN8 5RS, Woodland View, East Barkwith, Market Rasen, LN8LN8 5RS8 Addresses|86 m away
- LN8 5RT, Wold View, East Barkwith, Market Rasen, LN8LN8 5RT6 Addresses|112 m away
- LN8 5RX, Louth Road, East Barkwith, Market Rasen, LN8LN8 5RX16 Addresses|185 m away
- LN8 5RU, Panton Road, East Barkwith, Market Rasen, LN8LN8 5RU7 Addresses|214 m away
Property Types
- 6 period houses built between 1800 and 1911
- 8 modern houses built after 1980
- 4 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 6 other addresses of unknown type
- period house (6)
- modern house (8)
- mid-century house (4)
- house (2)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is D.
- A (1)
- E (2)
- B (1)
- F (4)
- C (1)
- G (0)
- D (6)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Sep 2021£661,000 | 5 Bed HouseThe Pines, Willingham Road, Market Rasen, LN8 3REThe Pines, Willingham Road, Market Rasen, LN8 3RE
- Sold Jul 2003£610,000 | 5 Bed HouseThe Woodlands, Willingham Road, Market Rasen, LN8 3REThe Woodlands, Willingham Road, Market Rasen, LN8 3RE
- Sold May 2023£560,000 | 5 Bed HouseHambleton House, Willingham Road, Market Rasen, LN8 5RPHambleton House, Willingham Road, Market Rasen, LN8 5RP
Schools Nearby
- Wragby Primary School4.9 km away
- Legsby Primary School5.3 km away
- The Donington-on-Bain School6.5 km away
- De Aston School9.1 km away
- Queen Elizabeth's Grammar School, Horncastle14.5 km away
- The Banovallum School15.6 km away
More reading links
Public Transport Nearby
The closest station to LN8 5RP is Market Rasen station, which is 9.6 kilometres away.
- Market Rasen|9.6 km away
- Lincoln|22.2 km away
- Metheringham|22.2 km away
- Hykeham|27.3 km away
