HomesIndex

Local market reportsLN area › LN8

LN8 local market report Market Rasen

Every figure on this page comes from the public record: 10,649 sales registered with HM Land Registry in LN8 (Market Rasen) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to May 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

LN8 is the postcode district covering Market Rasen in Market Rasen. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.

Where LN8 sits

Click the map to open LN8 on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

LN7LN10DN37DN38LN4LN9DN41DN39DN20DN33DN34DN21LN1DN31LN5DN32DN16LN11LN6DN36DN35LN8
£210,000median sold price, 2026
-7%five-year change (cash)
276sales in the last 12 months
4.2%gross rental yield (est.)

What a home in LN8 sells for

The 2026 median in LN8 is £210,000, from 69 registered sales; the mean, £236,700, sits modestly above it, the usual shape of a market with an expensive tail.

For scale: the England and Wales median is £274,000, so LN8 trades 23% below the country as a whole.

The price of a typical LN8 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.

Price at the timeIn today's money (CPIH)
£125k£250k£375k£500k1995200020052010201520202026 1995: £46,000 at the time · £97,662 in today's money · 221 sales1996: £47,200 at the time · £97,218 in today's money · 251 sales1997: £51,000 at the time · £102,148 in today's money · 276 sales1998: £54,000 at the time · £106,457 in today's money · 237 sales1999: £51,800 at the time · £100,824 in today's money · 304 sales2000: £57,000 at the time · £109,250 in today's money · 320 sales2001: £69,000 at the time · £129,551 in today's money · 391 sales2002: £85,000 at the time · £156,192 in today's money · 417 sales2003: £97,500 at the time · £175,424 in today's money · 323 sales2004: £145,500 at the time · £258,085 in today's money · 416 sales2005: £143,200 at the time · £248,887 in today's money · 338 sales2006: £153,000 at the time · £259,386 in today's money · 467 sales2007: £165,200 at the time · £273,681 in today's money · 480 sales2008: £150,000 at the time · £240,139 in today's money · 293 sales2009: £144,000 at the time · £226,075 in today's money · 247 sales2010: £155,000 at the time · £237,403 in today's money · 267 sales2011: £145,000 at the time · £213,782 in today's money · 240 sales2012: £131,000 at the time · £188,313 in today's money · 230 sales2013: £149,500 at the time · £210,092 in today's money · 283 sales2014: £147,000 at the time · £203,675 in today's money · 400 sales2015: £145,000 at the time · £200,100 in today's money · 333 sales2016: £151,500 at the time · £207,000 in today's money · 413 sales2017: £165,000 at the time · £219,788 in today's money · 415 sales2018: £175,000 at the time · £227,830 in today's money · 413 sales2019: £180,000 at the time · £230,427 in today's money · 353 sales2020: £195,000 at the time · £247,107 in today's money · 333 sales2021: £225,000 at the time · £278,226 in today's money · 476 sales2022: £230,000 at the time · £263,402 in today's money · 386 sales2023: £230,000 at the time · £246,812 in today's money · 375 sales2024: £250,000 at the time · £259,594 in today's money · 302 sales2025: £220,500 at the time · £220,500 in today's money · 380 sales2026: £210,000 at the time · £210,000 in today's money · 69 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£210,000£210,00069
2025£220,500£220,500380
2024£250,000£259,594302
2023£230,000£246,812375
2022£230,000£263,402386
2021£225,000£278,226476
2020£195,000£247,107333
2019£180,000£230,427353
2018£175,000£227,830413
2017£165,000£219,788415
2016£151,500£207,000413
2015£145,000£200,100333
2014£147,000£203,675400
2013£149,500£210,092283
2012£131,000£188,313230
2011£145,000£213,782240
2010£155,000£237,403267
2009£144,000£226,075247
2008£150,000£240,139293
2007£165,200£273,681480
2006£153,000£259,386467
2005£143,200£248,887338
2004£145,500£258,085416
2003£97,500£175,424323
2002£85,000£156,192417
2001£69,000£129,551391
2000£57,000£109,250320
1999£51,800£100,824304
1998£54,000£106,457237
1997£51,000£102,148276
1996£47,200£97,218251
1995£46,000£97,662221

In cash terms the typical LN8 home went from £46,000 in 1995 to £210,000 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 115%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2021; the current median sits about 25% below that. Someone who bought at the 2021 peak has not yet seen that price back in real terms.

Year-on-year change in the LN8 median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+100% -100% 0% 1996 · +2.6% on the year before1997 · +8.1% on the year before1998 · +5.9% on the year before1999 · −4.1% on the year before2000 · +10.0% on the year before2001 · +21.1% on the year before2002 · +23.2% on the year before2003 · +14.7% on the year before2004 · +49.2% on the year before2005 · −1.6% on the year before2006 · +6.8% on the year before2007 · +8.0% on the year before2008 · −9.2% on the year before2009 · −4.0% on the year before2010 · +7.6% on the year before2011 · −6.5% on the year before2012 · −9.7% on the year before2013 · +14.1% on the year before2014 · −1.7% on the year before2015 · −1.4% on the year before2016 · +4.5% on the year before2017 · +8.9% on the year before2018 · +6.1% on the year before2019 · +2.9% on the year before2020 · +8.3% on the year before2021 · +15.4% on the year before2022 · +2.2% on the year before2023 · +0.0% on the year before2024 · +8.7% on the year before2025 · −11.8% on the year before2026 · −4.8% on the year before200020052010201520202026

The strongest year on record here is 2004 (+49.2% on the year before); the weakest, 2025 (−11.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−4.8%−4.8%
5 years (since 2021)−1.4%−5.5%
10 years (since 2016)+3.3%+0.1%
20 years (since 2006)+1.6%−1.1%

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.

Transaction volumes

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

250500 1995: 221 sales1996: 251 sales1997: 276 sales1998: 237 sales1999: 304 sales2000: 320 sales2001: 391 sales2002: 417 sales2003: 323 sales2004: 416 sales2005: 338 sales2006: 467 sales2007: 480 sales2008: 293 sales2009: 247 sales2010: 267 sales2011: 240 sales2012: 230 sales2013: 283 sales2014: 400 sales2015: 333 sales2016: 413 sales2017: 415 sales2018: 413 sales2019: 353 sales2020: 333 sales2021: 476 sales2022: 386 sales2023: 375 sales2024: 302 sales2025: 380 sales2026: 69 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

50100 June 2021 · 65 sales registeredJuly 2021 · 34 sales registeredAugust 2021 · 34 sales registeredSeptember 2021 · 61 sales registeredOctober 2021 · 28 sales registeredNovember 2021 · 33 sales registeredDecember 2021 · 23 sales registeredJanuary 2022 · 29 sales registeredFebruary 2022 · 29 sales registeredMarch 2022 · 37 sales registeredApril 2022 · 23 sales registeredMay 2022 · 25 sales registeredJune 2022 · 39 sales registeredJuly 2022 · 30 sales registeredAugust 2022 · 39 sales registeredSeptember 2022 · 30 sales registeredOctober 2022 · 40 sales registeredNovember 2022 · 41 sales registeredDecember 2022 · 24 sales registeredJanuary 2023 · 26 sales registeredFebruary 2023 · 26 sales registeredMarch 2023 · 33 sales registeredApril 2023 · 36 sales registeredMay 2023 · 25 sales registeredJune 2023 · 34 sales registeredJuly 2023 · 29 sales registeredAugust 2023 · 33 sales registeredSeptember 2023 · 29 sales registeredOctober 2023 · 44 sales registeredNovember 2023 · 35 sales registeredDecember 2023 · 25 sales registeredJanuary 2024 · 18 sales registeredFebruary 2024 · 15 sales registeredMarch 2024 · 16 sales registeredApril 2024 · 26 sales registeredMay 2024 · 23 sales registeredJune 2024 · 19 sales registeredJuly 2024 · 40 sales registeredAugust 2024 · 20 sales registeredSeptember 2024 · 25 sales registeredOctober 2024 · 37 sales registeredNovember 2024 · 27 sales registeredDecember 2024 · 36 sales registeredJanuary 2025 · 24 sales registeredFebruary 2025 · 40 sales registeredMarch 2025 · 67 sales registeredApril 2025 · 11 sales registeredMay 2025 · 31 sales registeredJune 2025 · 39 sales registeredJuly 2025 · 33 sales registeredAugust 2025 · 22 sales registeredSeptember 2025 · 33 sales registeredOctober 2025 · 28 sales registeredNovember 2025 · 23 sales registeredDecember 2025 · 29 sales registeredJanuary 2026 · 20 sales registeredFebruary 2026 · 12 sales registeredMarch 2026 · 19 sales registeredApril 2026 · 12 sales registeredMay 2026 · 6 sales registered

LN8 recorded 276 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 394 sales a year before the financial crisis and 302 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.

What homes rent for around LN8

LN8 falls under West Lindsey, where the ONS puts the average private rent at £728 a month (May 2026 figures). A one-bed averages £531 a month here and a four-or-more-bed £1,129, so size does most of the work in setting the rent.

Average monthly rent by size, West Lindsey

ONS Price Index of Private Rents, May 2026.

1 bed: £531 a month£5311 bed2 bed: £662 a month£6622 bed3 bed: £809 a month£8093 bed4+ bed: £1,129 a month£1,1294+ bed

Set against the £210,000 median sold price, £728 a month is £8,736 a year, a gross yield of 4.2%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.

Will LN8 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 7% over five years in cash but down 25% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.

Ladders and snakes: five-year risers and fallers

LN8 ranks 10 of 13 in the LN area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.

Five-year change in the median, LN area districts

The biggest risers and fallers in cash terms; every row links to that district's report.

LN10LN10 · +30% over five years · median £377,500+30%LN7LN7 · +21% over five years · median £272,200+21%LN11LN11 · +12% over five years · median £230,000+12%LN12LN12 · +11% over five years · median £193,000+11%LN6LN6 · +10% over five years · median £225,000+10%LN1LN1 · −7% over five years · median £210,000−7%LN8LN8 · −7% over five years · median £210,000−7%LN9LN9 · −11% over five years · median £190,000−11%LN5LN5 · −11% over five years · median £168,800−11%LN13LN13 · −22% over five years · median £161,500−22%

Inside LN8, street group by street group

Postcode sectors are the next slice down, each a group of streets. Prices can differ sharply between two sectors a few minutes' walk apart.

SectorMedian (latest)Sales that year
LN8 2£290,00029
LN8 3£222,00043
LN8 5£181,20014
LN8 6£210,0008

How LN8 compares nearby

Same city, different markets. The neighbouring districts of the LN area, dearest first:

DistrictMedian5-year
LN10£377,500+30%
LN7£272,200+21%
LN4£245,000+9%
LN11£230,000+12%
LN6£225,000+10%
LN2£220,000+0%
LN1£210,000-7%
LN8 (this report)£210,000-7%
LN3£207,000-1%
LN12£193,000+11%
LN9£190,000-11%
LN5£168,800-11%
LN13£161,500-22%

Dig further

See every individual LN8 sale on the live map, mapped to the exact address, or the quick-reference LN8 price page. 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.