House Price Finder
Market Intelligence PE23

Spilsby

Spilsby, East Lindsey, Lincolnshire · 2,037 sales recorded

Average Property Value
£292,921
↓ 13.7% YoY

Market analysis

The average home in the PE23 postcode area, part of Spilsby, has sold for £292,921 — 8% above the UK average of £271,295. The median sold price, less skewed by the most expensive sales, is £195,000. In 2025, the most recent complete year, prices fell 13.7% year on year, from £305,772 to £263,977. Since 2015, average values here have grown by 39%.

Detached houses are the most commonly sold property type in PE23, making up 60% of the 5,288 transactions on record. In all, 5,288 sales have been registered here since 1995, within East Lindsey, Lincolnshire. Buyers weighing up PE23 commonly compare it with neighbouring PE1, PE10, PE11.

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Property Value Trends

2026 data is partial
£154k £362k £571k £779k £988k 2015 £189k 2015 · 150 sales £181k 2016 · 186 sales 2017 £218k 2017 · 188 sales £199k 2018 · 207 sales 2019 £224k 2019 · 196 sales £898k 2020 · 164 sales 2021 £261k 2021 · 261 sales £282k 2022 · 173 sales 2023 £290k 2023 · 133 sales £306k 2024 · 152 sales 2025 £264k 2025 · 190 sales £264k

Hover over data points to see details

Market Summary

Average
£293k
Median
£195k
Total Sales
2,037
YoY Change
↓ 13.7%

Higher-value properties pull the average above median, indicating a mixed market.

Property Types

Detached 60%
Semi-Detached 19%
Terraced 16%
Other 4%
Flat 1%
2,037 transactions since 2015

Recent Registered Sales

HM Land Registry
Property Type Address Sale Date Price Paid
Terraced
100, MAIN ROAD, HUNDLEBY
PE23 5LZ
16-06-2026 £95,000
Detached
10, WINSTON ROAD
PE23 5HJ
28-05-2026 £365,000
Semi-Detached
6, MAGELLAN DRIVE
PE23 5FB
28-05-2026 £180,000
Terraced
12, WEST END
PE23 5ED
22-05-2026 £100,000
Detached
THE COTTAGE, THORPE BANK, LITTLE STEEPING
PE23 5BB
21-05-2026 £350,000
Detached
6, CHURCH LANE, HUNDLEBY
PE23 5NA
19-05-2026 £204,500
Detached
8, WATERMILL LANE, TOYNTON ALL SAINTS
PE23 5AG
13-05-2026 £270,000
Detached
WHISPERWOOD, RAITHBY
PE23 4DT
30-04-2026 £300,000
Terraced
2, MANOR CLOSE, EAST KIRKBY
PE23 4DA
24-04-2026 £135,000
Detached
INGLEWOOD, HARRINGTON
PE23 4NL
15-04-2026 £350,000

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Frequently asked questions about PE23

What is the average house price in PE23?
The average sold price in PE23 (Spilsby, Lincolnshire) is £292,921, across 2,037 sales since 2015. The median — the middle price, less affected by a handful of very expensive sales — is £195,000.
Are house prices in PE23 rising or falling?
In 2025, the last complete year, the average sold price in PE23 was £263,977, down 13.7% on 2024's £305,772.
How many properties have sold in PE23?
HM Land Registry has recorded 5,288 sales in PE23 since 1995, across 237 full postcodes. The most common property type is detached.
Where is the PE23 postcode area?
PE23 covers part of Spilsby in Lincolnshire. Sold price data comes from HM Land Registry's Price Paid dataset, which covers England and Wales only.

About this data

Averages and medians on this page cover the 2,037 sales registered in PE23 since 2015, so they reflect the current market rather than three decades of it. The 5,288 figure is every sale since records begin in 1995, and the yearly chart uses each year's own sales. Prices are what buyers actually paid, as registered with HM Land Registry — not asking prices or estimates. Scotland and Northern Ireland are not in this dataset; see Scotland and Northern Ireland.

Contains HM Land Registry data © Crown copyright. Licensed under the Open Government Licence v3.0.