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Market Rasen market report LN8 5
The standing LN8 5 (Market Rasen) property market report, rebuilt from the full public record every month. Everything below comes from 1,861 sales recorded by HM Land Registry in LN8 5 (Market Rasen) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: 24 registered 2026 sales put the LN8 5 (Market Rasen) median at £192,500, down 26% on five years earlier, with a mean of £219,200, and by floor area homes here have averaged about £2,570 per square metre over the last five years. Everything rests on 1,861 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
LN8 5 is one sector of LN8 (Market Rasen): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where LN8 5 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.
LN8 5 sold prices: where the market stands
In the LN8 5 property market, the 2026 median sale price is £192,500, from 24 registered sales; the mean, the "average house price" most sites quote, is £219,200, sitting a little above it, the familiar pattern where pricier homes stretch the average.
Price per square metre in LN8 5
Averaged across five years of sales, floor space in LN8 5 costs about £2,570 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
Set against the £285,000 England and Wales median, LN8 5 sits 32% below the national market.
A typical LN8 5 home, priced year by year (1995 to 2026)
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £192,500 | £192,500 | 24 |
| 2025 | £210,000 | £215,022 | 91 |
| 2024 | £207,500 | £220,615 | 57 |
| 2023 | £210,000 | £230,739 | 84 |
| 2022 | £218,000 | £255,630 | 74 |
| 2021 | £261,500 | £331,093 | 78 |
| 2020 | £195,000 | £253,017 | 60 |
| 2019 | £200,000 | £262,152 | 55 |
| 2018 | £174,000 | £231,945 | 73 |
| 2017 | £168,000 | £229,135 | 55 |
| 2016 | £145,000 | £202,856 | 63 |
| 2015 | £165,000 | £233,145 | 38 |
| 2014 | £135,000 | £191,521 | 73 |
| 2013 | £152,500 | £219,432 | 46 |
| 2012 | £144,000 | £211,950 | 37 |
| 2011 | £145,000 | £218,894 | 45 |
| 2010 | £155,500 | £243,864 | 56 |
| 2009 | £130,000 | £208,976 | 51 |
| 2008 | £162,500 | £266,372 | 51 |
| 2007 | £153,000 | £259,531 | 113 |
| 2006 | £132,700 | £230,350 | 60 |
| 2005 | £136,200 | £242,381 | 36 |
| 2004 | £146,000 | £265,165 | 73 |
| 2003 | £98,500 | £181,461 | 52 |
| 2002 | £96,500 | £181,564 | 64 |
| 2001 | £84,000 | £161,486 | 64 |
| 2000 | £59,500 | £116,769 | 53 |
| 1999 | £48,000 | £95,661 | 55 |
| 1998 | £57,400 | £115,866 | 46 |
| 1997 | £59,200 | £121,407 | 58 |
| 1996 | £55,000 | £115,993 | 43 |
| 1995 | £50,000 | £108,692 | 33 |
In cash terms the typical LN8 5 home went from £50,000 in 1995 to £192,500 in 2026, roughly 3.9 times the price. Inflation explains only part of it: in today's money the rise is still about 77%, a genuine increase in what a home here costs. The real-terms peak came in 2021, and today's median remains roughly 42% under it: a 2021 buyer is still waiting to get that price back in today's money.
Year-on-year change in the LN8 5 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 (+48.2% on the year before); the weakest, 2009 (−20.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −8.3% | −10.5% |
| 5 years (since 2021) | −5.9% | −10.3% |
| 10 years (since 2016) | +2.9% | −0.5% |
| 20 years (since 2006) | +1.9% | −0.9% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
How many homes change hands in LN8 5
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
LN8 5 recorded 24 sales in the last twelve months of data. Turnover has held fairly steady across the cycle: about 66 sales a year recently, against 64 a year before 2008. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What homes rent for around LN8 5
LN8 5 falls under East Lindsey, where the ONS puts the average private rent at £694 a month (May 2026 figures). Size sets most of the rent: one-beds average £515 a month here against £1,131 for four or more bedrooms.
Average monthly rent by size, East Lindsey
ONS Price Index of Private Rents, May 2026.
£694 a month is £8,328 a year, which against the £192,500 median sold price makes a gross yield of 4.3%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
Reading the LN8 5 market
Only 24 sales completed here in the last twelve months of data, which makes LN8 5 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. Against the LN8 district median, LN8 5 sits 10% lower, marking it as a cheaper pocket of the district.
Common questions on LN8 5 (Market Rasen)
Are property prices falling in LN8 5 (Market Rasen)?
Is LN8 5 (Market Rasen) a good place to buy a house?
How much did a house sell for in LN8 5 (Market Rasen)?
Are LN8 5 prices heading up or down?
The record answers a different question than "what happens next": the median is down 26% over five years in cash but down 42% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
On the market in LN8 today
This is what you could actually buy today: 116 homes currently on the market from 11 agents publishing to HomesIndex.
These cover the whole LN8 district, not just LN8 5: live asking prices are collected per district.
Of everything listed here, 22% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Carpenters Close, Wragby, LN8, Wragby
- Eastfields, Bishop Norton, LN8, Bishop Norton
- Kent Road, Brookenby, LN8, Brookenby
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
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.
The price of an extra bedroom in LN
Real sold prices by size across the LN area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| 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. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the LN area is the point: the same five years treated these districts very differently.
Winners and losers across the LN area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in LN8
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of LN8, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| LN8 2 | £252,500 | 6 |
| LN8 3 | £223,500 | 52 |
| 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.
Selling a home in LN8 5? Price it on the evidence
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at LN8 5's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim LN8 5.
Keep digging
Behind the answers sits the same Land Registry record as this page, with LN8 5 already set as the subject. Free, one click sign in.
See every individual LN8 5 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.