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Market Rasen market report LN8 3
The standing LN8 3 (Market Rasen) property market report, rebuilt from the full public record every month. This page is built from the public record and nothing else: 5,810 completed sales registered with HM Land Registry in LN8 3 (Market Rasen) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: the middle 2026 sale in LN8 3 (Market Rasen) came in at £223,500, out of 52 registered, up 4% on five years earlier, and the mean stands at £262,600, and by floor area homes here have averaged about £2,390 per square metre over the last five years. The record behind it is 5,810 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
LN8 3 is a postcode sector: one group of streets inside LN8 (Market Rasen). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where LN8 3 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in LN8 3
Across 52 registered 2026 sales, the typical (median) LN8 3 home went for £223,500. The mean is £262,600, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
House prices per square metre in LN8 3
By floor space, homes in LN8 3 have sold for about £2,390 per square metre on average over the last five years: the like-for-like measure that lets you compare a small flat with a large house, from the Energy Performance Certificate floor areas behind each sale.
For scale: the England and Wales median is £285,000, so LN8 3 trades 22% below the country as a whole.
The price of a typical LN8 3 home, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £223,500 | £223,500 | 52 |
| 2025 | £259,000 | £265,193 | 174 |
| 2024 | £254,600 | £270,692 | 146 |
| 2023 | £250,000 | £274,689 | 168 |
| 2022 | £222,500 | £260,907 | 191 |
| 2021 | £215,000 | £272,218 | 234 |
| 2020 | £176,000 | £228,364 | 157 |
| 2019 | £175,000 | £229,383 | 173 |
| 2018 | £170,000 | £226,613 | 209 |
| 2017 | £160,000 | £218,224 | 215 |
| 2016 | £151,000 | £211,250 | 222 |
| 2015 | £141,500 | £199,940 | 190 |
| 2014 | £150,000 | £212,801 | 217 |
| 2013 | £142,800 | £205,475 | 188 |
| 2012 | £130,000 | £191,344 | 151 |
| 2011 | £140,000 | £211,346 | 141 |
| 2010 | £148,000 | £232,102 | 151 |
| 2009 | £145,000 | £233,089 | 150 |
| 2008 | £142,200 | £233,096 | 180 |
| 2007 | £165,200 | £280,225 | 266 |
| 2006 | £155,000 | £269,060 | 293 |
| 2005 | £146,000 | £259,821 | 238 |
| 2004 | £145,000 | £263,348 | 241 |
| 2003 | £97,200 | £179,066 | 180 |
| 2002 | £78,500 | £147,697 | 231 |
| 2001 | £60,000 | £115,347 | 209 |
| 2000 | £55,100 | £108,134 | 174 |
| 1999 | £51,800 | £103,235 | 146 |
| 1998 | £55,000 | £111,021 | 123 |
| 1997 | £50,000 | £102,540 | 143 |
| 1996 | £47,500 | £100,175 | 141 |
| 1995 | £48,800 | £106,084 | 116 |
In cash terms the typical LN8 3 home went from £48,800 in 1995 to £223,500 in 2026, roughly 5 times the price. Inflation explains only part of it: in today's money the rise is still about 111%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2007. The market now sits about 20% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the LN8 3 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2004 (+49.2% on the year before); the weakest, 2008 (−13.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −13.7% | −15.7% |
| 5 years (since 2021) | +0.8% | −3.9% |
| 10 years (since 2016) | +4.0% | +0.6% |
| 20 years (since 2006) | +1.8% | −0.9% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Transaction volumes
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
Over the last twelve months of data, 52 sales completed in LN8 3. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 229 sales a year before the financial crisis and 146 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
How LN8 3 trades
This is a thin market: 52 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching.
The rental side of LN8 3
The local authority for LN8 3 is West Lindsey, and its ONS average private rent currently stands at £728 a month (May 2026 figures). Size sets most of the rent: one-beds average £531 a month here against £1,129 for four or more bedrooms.
Average monthly rent by size, West Lindsey
ONS Price Index of Private Rents, May 2026.
Against the £223,500 median purchase price, a rent of £728 a month (£8,736 a year) works out at a 3.9% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Common questions on LN8 3 (Market Rasen)
How much did a house sell for in LN8 3 (Market Rasen)?
Are property prices falling in LN8 3 (Market Rasen)?
Is LN8 3 (Market Rasen) a good place to buy a house?
Where do LN8 3 prices go next?
Prediction is not this page's business. Its business is the record, which says: the median is up 4% over five years in cash but down 18% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
On the market in LN8 today
Turning to what is actually available: 116 homes on the market right now, from 11 agents publishing to HomesIndex.
These cover the whole LN8 district, not just LN8 3: live asking prices are collected per district.
Of everything listed here, 22% asks less than the sold record of comparable homes. Each listing is compared with recent recorded sales of similar homes nearby.
- Carpenters Close, Wragby, LN8, Wragby
- Eastfields, Bishop Norton, LN8, Bishop Norton
- Kent Road, Brookenby, LN8, Brookenby
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every LN8 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Bedroom by bedroom: LN prices by size
The Land Registry record, split by size: what each kind of home actually sold for across the LN area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £225,000 | £315,000 (+40%) | £449,950 (+43%) | £600,000 (+33%) |
| Semi-detached | £167,500 | £189,045 (+13%) | £230,000 (+22%) | £285,500 (+24%) | £420,000 (+47%) |
| Terraced | £137,500 | £152,500 (+11%) | £190,000 (+25%) | £250,000 (+32%) | — |
| Flat | £110,000 | £130,000 (+18%) | £196,000 (+51%) | — | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the LN area is the point: the same five years treated these districts very differently.
LN area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in LN8
Sector boundaries hide real price steps. The rest of LN8, one report each:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| LN8 2 | £252,500 | 6 |
| LN8 5 | £192,500 | 24 |
| LN8 6 | £210,000 | 13 |
Zoom out to the full LN8 district report for the type split, monthly volumes and how LN8 compares with its neighbours.
Thinking of selling in LN8 3? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in LN8 3, open the average prices map and zoom from the LN8 3 shading down to the sold homes on your own street. Every recorded LN8 3 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim LN8 3.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about LN8 3. Free, with a one click sign in.
The live map plots every individual LN8 3 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.