Market Rasen

House Prices in LN8

Properties in LN8 have an average house price of £252,795.00 and had 900 Property Transactions within the last 3 years.
The most expensive property was sold for £1,150,000.00.

Property Price Paid in LN8 by Year

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The average sold property price by year was:

Year Average Sold Price Sold Properties
2026 £238,012.00 121 Properties
2025 £260,444.00 310 Properties
2024 £255,710.00 212 Properties
2023 £248,123.00 257 Properties
2022 £261,823.00 313 Properties
2021 £250,844.00 425 Properties
2020 £236,673.00 287 Properties
2019 £210,323.00 320 Properties
2018 £196,434.00 367 Properties
2017 £188,315.00 359 Properties
2016 £173,941.00 397 Properties
2015 £172,658.00 327 Properties
2014 £170,514.00 391 Properties
2013 £166,846.00 281 Properties
2012 £156,612.00 230 Properties
2011 £161,800.00 240 Properties
2010 £172,256.00 267 Properties
2009 £163,315.00 246 Properties
2008 £163,113.00 293 Properties
2007 £186,565.00 480 Properties
2006 £164,430.00 467 Properties
2005 £154,332.00 338 Properties
2004 £152,382.00 416 Properties
2003 £126,623.00 323 Properties
2002 £95,028.00 417 Properties
2001 £80,417.00 391 Properties
2000 £69,874.00 320 Properties
1999 £59,577.00 304 Properties
1998 £63,556.00 237 Properties
1997 £60,982.00 276 Properties
1996 £55,798.00 251 Properties
1995 £53,026.00 221 Properties

Property Price per Property Type in LN8

Here you can find historic sold price data in order to help with your property search.

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The average Property Paid Price for specific property types in the last three years are:

Property Type Average Sold Price Sold Properties
Detached House £332,981.00 461 Detached Houses
Flat £98,833.00 18 Flats
Semi Detached House £195,836.00 219 Semi Detached Houses
Terraced House £145,267.00 202 Terraced Houses

Houses and Flats for sale in LN8, Market Rasen

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There are 311 results. Property prices in LN8 range from £92k to £1.5M with an average price of £351k.


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Property market in LN8

Average asking price £347k typical £293k
Most prices £97k – £1.5M leaving out the extremes
Homes for sale 311 38 more under offer
New to the market 109 in the last 30 days
Typical time to sell 4 months last 12 months
Asking prices, year on year +5.9% homes newly listed
Gross rental yield 4.6% typical rent vs sold price

What's for sale

330 homes · share, count and typical price
Detached houses 34.2% 113 · £400k
Bungalows 24.2% 80 · £300k
Terraced houses 11.8% 39 · £155k
Semi-detached houses 11.5% 38 · £215k
Other homes 10.6% 35 · £300k
Park and mobile homes 3.3% 11 · £105k
Land and plots 3.0% 10 · £150k
Flats and apartments 1.2% 4 · £102k

How many bedrooms

share, count and typical price
1 bedroom 0.6% 2 · £94k
2 bedrooms 23.4% 75 · £170k
3 bedrooms 38.8% 124 · £270k
4 bedrooms 27.2% 87 · £425k
5+ bedrooms 10.0% 32 · £618k

Price bands

330 homes
Under £170k 18.8% 62
£170k – £260k 23.0% 76
£260k – £340k 18.5% 61
£340k – £450k 18.5% 61
£450k and over 21.2% 70

Asking prices over time

typical asking price of the homes first listed each quarter · +7.6% since 2024 Q4 Median asking price per quarter in LN8 2024 Q4: £250k (200 new listings) £250k 2024 Q4 2025 Q1: £260k (271 new listings) £260k 2025 Q1 2025 Q2: £255k (322 new listings) £255k 2025 Q2 2025 Q3: £240k (269 new listings) £240k 2025 Q3 2025 Q4: £255k (171 new listings) £255k 2025 Q4 2026 Q1: £255k (232 new listings) £255k 2026 Q1 2026 Q2: £285k (255 new listings) £285k 2026 Q2 2026 Q3: £269k (172 new listings) £269k 2026 Q3

Prices in and around LN8

typical asking price, cheapest first
  1. LN9 £240k
  2. DN37 £245k
  3. LN1 £250k
  4. LN7 £250k
  5. LN3 £265k
  6. LN2 £270k
  7. LN8 £293k
  8. DN38 £350k

Schools in LN8

9 primary · 1 secondary · 100% rated good or outstanding
  • De Aston School secondary · Good
  • The Market Rasen Church of England Primary School primary · Good
  • Wragby Primary School primary · Good
  • The Middle Rasen Primary School primary · Good
  • Osgodby Primary School primary · Good
  • Tealby School primary · Good

Based on 330 homes for sale on Houses now, 946 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Aug 2025 to Jul 2026 (Crown copyright). Schools: Ofsted. Updated October 2026.


Frequently Asked Questions about LN8


What is the average house price in LN8?

The average home for sale in LN8 is priced at £347,000. A few very expensive homes pull that average up, so a more typical price is £293,000. This is based on the 330 homes for sale on Houses right now.


How much does a 2 or 3 bedroom home cost in LN8?

A typical 2-bedroom home in LN8 costs £170,000 and a 3-bedroom home £270,000. So the extra bedroom adds about £100,000. 4-bedroom homes are about £425,000.


What price range should I expect in LN8?

Most homes in LN8 are priced between £97,000 and £1.5 million, leaving out the very cheapest and most expensive. One in five costs less than £170,000, and one in five £450,000 or more.


How many homes are for sale in LN8?

There are 311 homes for sale in LN8 on Houses right now, plus 38 already under offer. 109 new listings came onto the market in the last 30 days.


Are house prices going up in LN8?

Yes. Homes put up for sale in LN8 over the last 12 months were advertised at a typical £270,000, 5.9% higher than the year before (£255,000). By size, 2-bedroom homes are up 10%, 3-bedroom homes are up 13% and 4-bedroom homes are up 11%.


How long does it take to sell a home in LN8?

Homes usually sell or come off the market within about 4 months. About 16% go within the first month, and a quarter take longer than about 9 months. Houses go faster, in about 4 months against about 5 months for flats.


What rental yield can I get in LN8?

Around 4.6% gross. That compares a typical rent of £850 a month with a typical sold price of £223,000. Running costs, voids and mortgage interest are not taken off.


What type of homes are for sale in LN8?

Detached houses are the most common, about a third of homes for sale in LN8. Bungalows come next, followed by terraced houses. Terraced houses are the cheapest, at about £155,000, and detached houses the most expensive, at about £400,000.


Where are the cheapest places to buy near LN8?

Of the areas around LN8, LN9 is the cheapest, with a typical asking price of £240,000, followed by DN37 (£245,000) and LN1 (£250,000). LN8 itself is £293,000.


Are homes in LN8 freehold or leasehold?

Almost all homes for sale in LN8 are freehold and the rest leasehold, which is mostly flats. There are 33 new-build homes on the market too.


What are the schools like in LN8?

There are 9 primary and 1 secondary schools in LN8. 100% of those inspected by Ofsted were rated good or outstanding.


Which areas are included in the LN8 postcode district?

The main area within LN8 is Market Rasen.


What has been the average sold property price in LN8 over the last three years?

Detached Houses in LN8 have an average sold price of £332,981, while Semi Detached Houses have an average of £195,836. Terraced Houses have an average of £145,267 and Flats have an average of £98,833. The average sold property price in LN8 over the last three years is approximately £251,389.


Which train stations are available in LN8?

The train station available in LN8 is Market Rasen Station.