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Market Rasen market report LN8
The LN8 (Market Rasen) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 10,116 sales recorded by HM Land Registry in LN8 (Market Rasen) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Covers registered sales to August 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register. Page updated 19 October 2026.
In short: the 2026 median for LN8 (Market Rasen) is £218,800, from 118 registered sales, down 5% on five years earlier; the mean is £247,600, and by floor area homes here have averaged about £2,440 per square metre over the last five years. Behind the figures sit 10,116 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
The postcode district LN8 covering Market Rasen sits in Market Rasen. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where LN8 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.
Today's LN8 prices, from the sold record
The 2026 median for LN8 is £218,800, taken from 118 registered sales. The mean, which is what most sites call the "average house price", is £247,600, modestly above it, the usual shape of a market with an expensive tail.
LN8 prices by floor area
Averaged across five years of sales, floor space in LN8 costs about £2,440 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.
England and Wales as a whole trade at a £285,000 median, leaving LN8 23% below the national figure.
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.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £218,800 | £218,800 | 118 |
| 2025 | £241,100 | £246,865 | 358 |
| 2024 | £250,000 | £265,801 | 253 |
| 2023 | £235,000 | £258,208 | 318 |
| 2022 | £231,000 | £270,874 | 336 |
| 2021 | £230,000 | £291,210 | 407 |
| 2020 | £195,000 | £253,017 | 277 |
| 2019 | £180,000 | £235,937 | 299 |
| 2018 | £176,000 | £234,611 | 354 |
| 2017 | £165,000 | £225,043 | 344 |
| 2016 | £157,000 | £219,645 | 375 |
| 2015 | £151,000 | £213,363 | 307 |
| 2014 | £147,800 | £209,680 | 374 |
| 2013 | £149,700 | £215,403 | 278 |
| 2012 | £131,000 | £192,816 | 230 |
| 2011 | £145,000 | £218,894 | 240 |
| 2010 | £155,000 | £243,080 | 267 |
| 2009 | £144,000 | £231,481 | 247 |
| 2008 | £150,000 | £245,882 | 293 |
| 2007 | £165,200 | £280,225 | 480 |
| 2006 | £153,000 | £265,588 | 467 |
| 2005 | £143,200 | £254,838 | 338 |
| 2004 | £145,500 | £264,256 | 416 |
| 2003 | £97,500 | £179,619 | 323 |
| 2002 | £85,000 | £159,927 | 417 |
| 2001 | £69,000 | £132,649 | 391 |
| 2000 | £57,000 | £111,863 | 320 |
| 1999 | £51,800 | £103,235 | 304 |
| 1998 | £54,000 | £109,003 | 237 |
| 1997 | £51,000 | £104,591 | 276 |
| 1996 | £47,200 | £99,543 | 251 |
| 1995 | £46,000 | £99,997 | 221 |
In cash terms the typical LN8 home went from £46,000 in 1995 to £218,800 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 119%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2021. The market now sits about 25% below it, so a peak-time purchase has yet to recover its real value.
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.
The strongest year on record here is 2004 (+49.2% on the year before); the weakest, 2012 (−9.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 year (since 2025) | −9.2% | −11.4% |
| 5 years (since 2021) | −1.0% | −5.6% |
| 6 years (since 2020) | +1.9% | −2.4% |
| 10 years (since 2016) | +3.4% | 0.0% |
| 20 years (since 2006) | +1.8% | −1.0% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of detached houses dominate the record here, 54% of the typed total. In 2025, the last year both were recorded here, a detached home traded at £290,000 against £112,000 for a flat, 2.6 times the price.
Median by property type, LN8
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £278,500 | 62 | 5,453 |
| Semi-detached | £185,000 | 26 | 2,420 |
| Terraced | £155,000 | 29 | 2,043 |
| Flats | £112,000 (2025) | – | 159 |
Sales activity in LN8
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.
Month by month, five years back
Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.
Over the last twelve months of data, 252 sales completed in LN8. 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 277 a year over the last five. 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 kind of market LN8 is
This is detached-house territory: 49% of last year's sales were detached, which props the overall median well above the flat and terrace market underneath it.
Rents around LN8
For renting purposes LN8 sits in West Lindsey. The ONS average private rent there is £728 a month (May 2026). The spread runs from £531 a month for a typical one-bed to £1,129 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, West Lindsey
ONS Price Index of Private Rents, May 2026.
Set against the £218,800 median sold price, £728 a month is £8,736 a year, a gross yield of 4.0%: 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.
LN8 (Market Rasen): the questions that come up
Are property prices falling in LN8 (Market Rasen)?
Is LN8 (Market Rasen) a good place to buy a house?
How much did a house sell for in LN8 (Market Rasen)?
Where do LN8 prices go next?
No honest page predicts prices, so this one sticks to the record: the median is down 5% over five years in cash but down 25% after inflation. Anyone weighing a purchase should read the volume chart with the price chart, remembering that these are completed sales, registered weeks after the deals were actually struck.
LN8's current homes for sale
Everything above is what homes in LN8 sold for. The live side of the market holds 95 homes at the moment, listed by 7 agents publishing to HomesIndex, at a typical asking price 35% above the LN8 median sold price.
Set against 252 registered sales in the last twelve months, the 95 homes on the market here are roughly 5 months of supply at last year's pace, and more in reality, since only agents who publish to HomesIndex are counted.
Of everything listed here, 10% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Thornton Road, North Owersby, LN8, North Owersby
- Brookenby, Binbrook, Market Rasen, Binbrook
- Dear Street, Market Rasen, Lincolnshire
"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 →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
Listed against sold: the LN8 mix
Sellers of detached homes in LN8 have company: 76% of current listings against 60% of recent sales. When a type is offered faster than it sells, the buyer usually holds the better hand.
| Type | Share of homes for sale now | Share of sales, 2024 and 2025 |
|---|---|---|
| Detached | 76% | 60% |
| Semi-detached | 9% | 23% |
| Terraced | 15% | 15% |
| Flats | 0% | 2% |
Listings are the homes agents publish to HomesIndex today; sales are HM Land Registry registrations. A listing whose type does not say detached, semi-detached, terraced or flat (a plain "house", a bungalow, a park home) is left out of the listing shares.
When homes in LN8 change hands
Across the 1,672 sales completed in LN8 from 2021 to 2025, March was the busiest month for completions (10.5% of the total) and April the quietest (5.9%). That is a marked seasonal rhythm. A sale completes weeks after it is agreed, so the busy month reflects deals struck earlier in the year; a seller who wants competition should be on the market ahead of it.
Sales by month, 2021 to 2025
| Month | Sales | Share |
|---|---|---|
| January | 102 | 6.1% |
| February | 136 | 8.1% |
| March | 175 | 10.5% |
| April | 98 | 5.9% |
| May | 119 | 7.1% |
| June | 158 | 9.4% |
| July | 143 | 8.6% |
| August | 134 | 8.0% |
| September | 166 | 9.9% |
| October | 169 | 10.1% |
| November | 148 | 8.9% |
| December | 124 | 7.4% |
Bedroom by bedroom: LN prices by size
What homes of each size actually sold for across the LN area, from the Land Registry record. 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 | £200,000 | £222,500 (+11%) | £265,000 (+19%) | £340,000 (+28%) | £447,000 (+31%) |
| Semi-detached | £157,500 | £179,000 (+14%) | £210,000 (+17%) | £260,000 (+24%) | £335,000 (+29%) |
| Terraced | £123,000 | £148,000 (+20%) | £165,000 (+11%) | £210,000 (+27%) | £260,500 (+24%) |
| Flat | £97,000 | £120,000 (+24%) | £138,000 (+15%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the 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.
Winners and losers across the LN area, five years
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside LN8, sector by sector
The next slice down is the postcode sector: a group of streets, each with its own report. Two sectors a short walk apart can trade at sharply different prices.
How LN8 compares nearby
Same city, different markets. The neighbouring districts of the LN area, dearest first:
| District | Median | 5-year |
|---|---|---|
| LN10 | £308,500 | +0% |
| LN7 | £260,000 | +8% |
| LN4 | £245,000 | +9% |
| LN1 | £230,000 | +0% |
| LN2 | £230,000 | +2% |
| LN6 | £227,500 | +10% |
| LN11 | £227,500 | +8% |
| LN8 (this report) | £218,800 | -5% |
| LN3 | £215,000 | +2% |
| LN12 | £213,500 | +19% |
| LN5 | £190,000 | -5% |
| LN9 | £189,500 | -13% |
| LN13 | £185,000 | -10% |
Selling in LN8? Start from the sold record
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in LN8, use the average prices map for a rough value: zoom from LN8's shading down to the sold homes on your own street. The figures above are every recorded LN8 sale; agents price with this same Land Registry record, and now you have it too.
Go deeper
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about LN8. Free, with a one click sign in.
See every individual LN8 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.