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Postcode District

LN8

MARKET RASEN

Lincolnshire, East Midlands, England

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LN8 covers MARKET RASEN in Lincolnshire, East Midlands.

Avg price £290,245
1yr change ▼ 17.0%
Crime 85% below avg
Schools 0 Outstanding
Updated 2026-03
BUS
Average House Price

£290,245

▼ 17.0% vs last year

This area National avg £287K

1% above national avg

Crime Rate

12.3/1,000

This area National avg 81.3/1,000

85% below national avg

Schools (Ofsted)

10 schools

Broadband Speed

108 Mbps

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.

Explore Lincolnshire postcodes or read the Lincolnshire house prices guide →

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

£265K £278K £292K £305K £319K 2023 2024 2025

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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.

See how LN8 compares: safest areas in England & Wales →

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.

How Ofsted ratings affect house prices →

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

0

Outstanding

3

Good

0

Requires improvement

0

Inadequate

Demographics

Source: ONS Census 2021

99,208

Population

67

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.

How broadband speeds affect house prices →

108.0 Mbps

Avg Download

19.0 Mbps

Avg Upload

71%

Superfast Coverage

19%

Ultrafast Coverage

0%

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

LN

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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Frequently Asked Questions about LN8 MARKET RASEN

What is the average house price in LN8 MARKET RASEN?
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 MARKET RASEN 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 is the population of LN8 MARKET RASEN?
The population of LN8 (MARKET RASEN) is approximately 99,208 (ONS Census 2021). The median age is 67 years. 29% of homes are owner-occupied, 15% are privately rented, and 11% are social housing.
How fast is broadband 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 are schools like in LN8 MARKET RASEN?
There are 10 schools in or near LN8. 30% are rated Good or Outstanding by Ofsted — 0 Outstanding and 3 Good. None require improvement.

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

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