LN8 — MARKET RASEN | Property Prices, Crime & Area Data

Property Prices in LN8

Source: HM Land Registry Price Paid Data

The average property price in LN8 is £290,245, which is 10% above the Lincolnshire average of £265,006.

Property values in LN8 are close to the England and Wales national average of £287,000.

House prices in LN8 have fallen 17.0% over the past 12 months and risen 0.0% over five years.

Average Price by Property Type

Type	Average Price	Sales (12m)
Detached	£329,714	493
Semi-detached	£197,097	233
Terraced	£149,278	161
Flat	£111,083	12
All types	£290,245	974

5-Year Price History

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Crime & Safety in LN8

Source: data.police.uk (rolling 12 months)

With 12.3 recorded crimes per 1,000 residents, LN8 has a crime rate well 85% below the national average of 81.3 per 1,000.

Crime by Type vs National Average

Violent crime

4.3 per 1,000 (avg: 22.1 per 1,000)

Burglary

0.2 per 1,000 (avg: 6.8 per 1,000)

Vehicle crime

0.2 per 1,000 (avg: 8.4 per 1,000)

Antisocial behaviour

2.8 per 1,000 (avg: 16.2 per 1,000)

Other theft

3.2 per 1,000 (avg: 9.5 per 1,000)

This area

National average

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Schools in LN8

Source: DfE Get Information About Schools / Ofsted

LN8 has 10 schools within or near its boundaries, including 3 rated Good by Ofsted.

Nearest Schools

School	Type	Ofsted	Distance
Faldingworth Community Primary School	Primary	Not inspected	mi
Legsby Primary School	Primary	Good	mi
The Middle Rasen Primary School	Primary	Not inspected	mi
Normanby Primary School	Primary	Not inspected	mi
Osgodby Primary School	Primary	Not inspected	mi

Outstanding

Good

Requires improvement

Inadequate

Demographics

Source: ONS Census 2021

99,208

Population

Median Age

29%

Owner-Occupied

74%

Economically Active

Tenure Type

Owner-occupied

29.0%

Private rent

15.0%

Social rent

11.0%

Broadband & Connectivity

Source: Ofcom Connected Nations

Average broadband download speeds in LN8 are 108.0 Mbps, with 86% of premises having access to superfast broadband and 45% with full fibre (FTTP) connectivity.

108.0 Mbps

Avg Download

19.0 Mbps

Avg Upload

71%

Superfast Coverage

19%

Ultrafast Coverage

Full Fibre (FTTP)

Council Tax

Source: Valuation Office Agency

Council tax in LN8 is collected by West Lindsey. The Band D rate is £2,111/year.

Band A

8.0%

Band B

14.0%

Band C

25.0%

Band D

22.0%

Band E

16.0%

Band F

9.0%

Band G

5.0%

Band H

1.0%

Area Summary

LN8 — MARKET RASEN

Area Summary

LN8 (MARKET RASEN) offers property prices near the national average (£290,245), low crime (85% below national average), 10 nearby schools, and excellent broadband (108 Mbps average).

Prices

Near avg

Safety

Low crime

Schools

Weak

Broadband

Good

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Nearby Postcodes

Compare areas →

LN7

MARKET RASEN

£267K

▲ 11.1% YoY

LN9

HORNCASTLE

£254K

▲ 8.1% YoY

LN10

WOODHALL SPA

£344K

▼ 0.2% YoY

Compare LN8 with nearby areas

LN8 vs LN7 LN8 vs LN9 LN8 vs LN10

Related property guides

UK Average House Prices → Lincolnshire House Prices → Cheapest Places to Live → Safest Areas in England → Best Areas for Families → Fastest-Rising Prices →

Frequently Asked Questions

What is the average house price in LN8?

The average house price in LN8 (MARKET RASEN) is £290,245, based on 974 residential sales in the past 12 months. This is 1% above the national average of £287,000. Prices have fallen by 17.0% over the past year.

Is LN8 a safe area to live?

Crime in LN8 is significantly below the national average (12.3 crimes per 1,000 residents vs the national average of 81.3). The most common crime types recorded are violent crime (4.3 per 1,000) and antisocial behaviour (2.8 per 1,000). Crime figures are sourced from data.police.uk rolling 12-month data.

What are the schools like in LN8?

There are 10 schools in or near LN8. 30% are rated Good or Outstanding by Ofsted — 0 Outstanding and 3 Good. None require improvement.

What is the council tax in LN8?

Council tax in LN8 is collected by West Lindsey. The Band D rate is £2,111 per year (2025–26). This is the total bill including county, district, police, and fire precepts.

What broadband speeds are available in LN8?

The average broadband download speed in LN8 is 108 Mbps. Superfast broadband (30 Mbps+) is available to 71% of premises, ultrafast to 19%, and full-fibre (FTTP) to 0%. Source: Ofcom Connected Nations.

What percentage of homes in LN8 are owner-occupied?

According to the ONS Census 2021, 29% of homes in LN8 are owner-occupied. 15% are privately rented and 11% are social housing. The total population is approximately 99,208.