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House Prices in LN7

The average house price in LN7 (Market Rasen) is £309,750 using HM Land Registry data.

The average property price increased by £44,341 (6.18%) over the last 5 years and increased by £8,864 (1.18%) over the last 12 months.

Over the last year, there were 74 residential property sales – a decrease of 20 transactions (-27.03%) relative to the previous year. The majority of house sales (17) were in the £120,000 - £190,000 range. Then came properties in the £260,000 - £330,000 range, where 16 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,479 (-3%).

In Aug 2026, there were 16 new estate agency instructions, 12 agreed home sales and 17 property price reductions.

5-Year Average Property Prices in LN7 (Market Rasen)

6.18%

Property prices in LN7 (Market Rasen) increased by 6.18% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in LN7 (Market Rasen) Over the Last Year

1.18%

Property prices in LN7 (Market Rasen) increased by 1.18% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for LN7 (Market Rasen) - Aug 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in LN7 (Market Rasen)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in LN7 (Market Rasen)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in LN7 (Market Rasen)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the LN7 (Market Rasen) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the LN7 postcode area since 1995.

Recent Sales in LN7 (Market Rasen)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Antonius Close, Caistor, Market Rasen, LN7 6GD	£174,500	£174,500	£0	26 Sep 2025	03 Jul 2026	280 Days
8 Saunders Close, Caistor, Market Rasen, LN7 6JL	£299,950	£299,950	£0	20 Oct 2025	17 Jun 2026	240 Days
The Cottage, Thornton Road, South Kelsey, Market Rasen, LN7 6PS	£280,000	£275,000	-£5,000	18 Nov 2025	03 Jun 2026	197 Days
6 Marcus Walk, Caistor, Market Rasen, LN7 6GT	£300,000	£295,000	-£5,000	21 Aug 2025	28 May 2026	280 Days
6 The Meadow, Caistor, Market Rasen, LN7 6XD	£279,000	£273,000	-£6,000	07 Jul 2025	15 May 2026	312 Days
17 Hadrian Way, Caistor, Market Rasen, LN7 6GJ	£190,000	£186,500	-£3,500	01 Sep 2025	30 Apr 2026	241 Days
5 Orb Cottages, Cooks Lane, Nettleton, Market Rasen, LN7 6NL	£200,000	£195,000	-£5,000	19 Jun 2025	24 Apr 2026	309 Days
18 South Dale, Caistor, Market Rasen, LN7 6LS	£425,000	£402,000	-£23,000	28 Oct 2025	24 Apr 2026	178 Days
21 Newbolt Close, Caistor, Market Rasen, LN7 6NY	£300,000	£295,000	-£5,000	31 Jul 2025	10 Apr 2026	253 Days
2 Richards Row, Nettleton Road, Caistor, Market Rasen, LN7 6NB	£170,000	£158,000	-£12,000	14 Nov 2025	31 Mar 2026	137 Days
24 Newbolt Close, Caistor, Market Rasen, LN7 6NY	£215,000	£215,000	£0	07 Jan 2026	27 Mar 2026	79 Days
Belleau Cottage, Normanby Road, Nettleton, Market Rasen, LN7 6TB	£450,000	£442,000	-£8,000	07 Jul 2025	23 Mar 2026	259 Days
162 North Kelsey Road, Caistor, Market Rasen, LN7 6SF	£185,000	£185,000	£0	11 Dec 2025	06 Mar 2026	85 Days
15 Syfer Close, Caistor, Market Rasen, LN7 6JH	£275,000	£272,500	-£2,500	30 Jul 2025	03 Mar 2026	216 Days
11 Alexander Court, North Kelsey, Market Rasen, LN7 6HR	£140,000	£133,500	-£6,500	13 Nov 2025	27 Feb 2026	106 Days
Halcyon, High Street, North Kelsey, Market Rasen, LN7 6EF	£275,000	£260,000	-£15,000	29 Oct 2025	19 Feb 2026	113 Days
19 Windsor Drive, Caistor, Market Rasen, LN7 6PB	£270,000	£268,000	-£2,000	28 May 2025	17 Nov 2025	173 Days
4 Lapstone Close, Nettleton, Market Rasen, LN7 6BT	£499,995	£485,000	-£14,995	02 Apr 2025	14 Nov 2025	226 Days
26 Kelsway, Caistor, Market Rasen, LN7 6QP	£175,000	£172,000	-£3,000	25 Apr 2025	31 Oct 2025	189 Days
The Belfry, Church Way, Nettleton, Market Rasen, LN7 6NA	£700,000	£685,000	-£15,000	05 Mar 2025	31 Oct 2025	240 Days

Most Expensive Streets in LN7 (Market Rasen)

Postcode	Street	Area	Average	No. of Sales
LN7 6LG	Carr Road, North Kelsey	Market Rasen	£497,600	5
LN7 6PS	Thornton Road, South Kelsey	Market Rasen	£475,430	5
LN7 6HX	Moortown Road, Nettleton	Market Rasen	£475,000	5
LN7 6JG	Mill Grange, Horncastle Road	Market Rasen	£443,333	3
LN7 6ET	South Street, North Kelsey	Market Rasen	£421,900	5
LN7 6PZ	Church Farm Road, South Kelsey	Market Rasen	£419,490	5
LN7 6HE	Owmby Lane, North Kelsey Moor	Market Rasen	£419,250	4
LN7 6RX	Brigg Road, Caistor	Market Rasen	£411,500	3
LN7 6FA	Moortown Crescent, Nettleton	Market Rasen	£399,500	5
LN7 6PG	North End Lane, South Kelsey	Market Rasen	£391,662	4

Least Expensive Streets in LN7 (Market Rasen)

Postcode	Street	Area	Average	No. of Sales
LN7 6SJ	Plover Square, Caistor	Market Rasen	£108,500	3
LN7 6SN	Partridge Close, Caistor	Market Rasen	£110,857	7
LN7 6BX	Coach House Court, Caistor	Market Rasen	£113,666	3
LN7 6ER	Lindum Walk, North Kelsey	Market Rasen	£120,916	6
LN7 6SA	Mallard Drive, Caistor	Market Rasen	£129,357	7
LN7 6UB	South Street, Caistor	Market Rasen	£146,059	10
LN7 6QP	Kelsway, Caistor	Market Rasen	£155,833	3
LN7 6QQ	Cherry Holt, Caistor	Market Rasen	£160,833	3
LN7 6GL	Constantine Close, Caistor	Market Rasen	£168,374	16
LN7 6NB	Nettleton Road, Caistor	Market Rasen	£169,437	8