Spilsby Road - PE22 8LE
Key Postcode Insights
PE22 8LE is a residential postcode situated on Spilsby Road, New Leake, Boston, PE22 with 13 addresses.
It ranks as the 658th largest and 484th most expensive of the 1,063 postcodes in the PE22 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 13 properties: 9 houses, 2 flats and 2 other properties.
- Ave. Sale Price
- £272,911
- 10 Year change
- up 29.1%
- Ave. Rental Price
- £1,333pcm
- 10 Year change
- up 37.9%
- Ave. £ per ft²
- £199/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
PE22 8LE is a residential postcode situated on Spilsby Road, New Leake, Boston, PE22 with 13 addresses.
It ranks as the 658th largest and 484th most expensive of the 1,063 postcodes in the PE22 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 13 properties: 9 houses, 2 flats and 2 other properties.
- Ave. Sale Price
- £272,911
- 10 Year change
- up 29.1%
- Ave. Rental Price
- £1,333pcm
- 10 Year change
- up 37.9%
- Ave. £ per ft²
- £199/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin PE22 8LE
- Ivy Cottage
3 Bed Early-century House
- Ivy Farmhouse
5 Bed Early-century House
- Old School
Building  |  2 Flats
- School House
Unknown
- Sycamore House
4 Bed Early-century House
Sales Market Trends
The last sale in PE22 8LE sold for £255,000 on 28th March 2025. Since then prices are down an average of 2.4%.
The current average value in the postcode is £272,911.
The PE22 8LE Sales Market has increased by 29.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.5% | £272,911 |
| June 2025 | -0.7% | £279,904 |
| June 2024 | -3.4% | £281,772 |
| June 2023 | 1.1% | £291,841 |
| June 2022 | 13.2% | £288,709 |
| June 2021 | 7.1% | £254,943 |
| June 2020 | 1.6% | £237,965 |
| June 2019 | 1.8% | £234,194 |
| June 2018 | 3.1% | £230,088 |
| June 2017 | 5.6% | £223,191 |
| June 2016 | 4.5% | £211,447 |
| June 2015 | 3.1% | £202,366 |
| June 2014 | 4.4% | £196,359 |
| June 2013 | 1.6% | £188,091 |
| June 2012 | -0.4% | £185,216 |
| June 2011 | -1% | £186,009 |
| June 2010 | 2.8% | £187,804 |
| June 2009 | -11.6% | £182,733 |
| June 2008 | -1.5% | £206,634 |
| June 2007 | 0% | £209,790 |
Rental Market Trends
The current average rental value in the postcode is £1,333.
The PE22 8LE Rental Market has increased by 37.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £1,333pcm |
| June 2025 | 5% | £1,278pcm |
| June 2024 | 3.7% | £1,217pcm |
| June 2023 | 5.9% | £1,173pcm |
| June 2022 | 7.4% | £1,108pcm |
| June 2021 | 3.9% | £1,031pcm |
| June 2020 | 1.4% | £992pcm |
| June 2019 | -0.6% | £978pcm |
| June 2018 | 0.3% | £984pcm |
| June 2017 | 1.5% | £981pcm |
| June 2016 | 2.5% | £967pcm |
| June 2015 | 2.9% | £943pcm |
| June 2014 | 1.5% | £916pcm |
| June 2013 | 1.6% | £903pcm |
| June 2012 | 0.2% | £889pcm |
| June 2011 | 1.6% | £887pcm |
| June 2010 | 6.6% | £873pcm |
| June 2009 | -6.2% | £819pcm |
| June 2008 | 1.9% | £873pcm |
| June 2007 | 0% | £857pcm |
Sales History
The last sale was on 28th March 2025 for £255,000 and since then the market in the area has decreased by 2.4%. The postcode has had a total of 8 sales since 1995.
PE22 8LE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2025£255,000 | 3 Bed HouseIvy Cottage, Spilsby Road, Boston, PE22 8LEIvy Cottage, Spilsby Road, Boston, PE22 8LE
- Sold Jul 2022£245,000 | 3 Bed HouseIvy Cottage, Spilsby Road, Boston, PE22 8LEIvy Cottage, Spilsby Road, Boston, PE22 8LE
- Sold Dec 2012£185,000 | 5 Bed HouseIvy Farmhouse, Spilsby Road, Boston, PE22 8LEIvy Farmhouse, Spilsby Road, Boston, PE22 8LE
- Sold Jul 2007£150,000 | 4 Bed House1A, Spilsby Road, Boston, PE22 8LE1A, Spilsby Road, Boston, PE22 8LE
- Sold Oct 2002£90,000 | 4 Bed House1A, Spilsby Road, Boston, PE22 8LE1A, Spilsby Road, Boston, PE22 8LE
Nearby Postcodes
PE22 8LE is the 658th largest and the 484th most expensive postcode out of the 1,063 postcodes in the PE22 area.
- PE22 8LF, Thorpe Bank, New Leake, Boston, PE22PE22 8LF4 Addresses|462 m away
- PE22 8LD, Spilsby Road, Eastville, Boston, PE22PE22 8LD8 Addresses|772 m away
- PE22 8LG, Danger Bridge, New Leake, Boston, PE22PE22 8LG2 Addresses|885 m away
- PE22 8LQ, Eastville, Boston, PE22PE22 8LQ1 Addresses|1.2 km away
- PE22 8LB, Bellwater Bank, New Leake, Boston, PE22PE22 8LB1 Addresses|1.3 km away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 3 early-century houses built between 1912 and 1935
- 6 early-century flats built between 1912 and 1935
- 2 other addresses of unknown type
- mid-century house (2)
- early-century house (3)
- early-century flat (6)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (2)
- C (3)
- G (1)
- D (3)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Dec 2021£400,000 | 4 Bed HouseHundleby Cottage, Spilsby Road, Boston, PE22 8JTHundleby Cottage, Spilsby Road, Boston, PE22 8JT
- Sold Sep 2023£320,000 | 4 Bed HouseCopperfield, Spilsby Road, Boston, PE22 8JTCopperfield, Spilsby Road, Boston, PE22 8JT
- Sold Oct 2024£275,000 | 4 Bed HouseScotswood, Spilsby Road, Boston, PE22 8JTScotswood, Spilsby Road, Boston, PE22 8JT
Schools Nearby
- The New Leake Primary School3.2 km away
- Toynton All Saints Primary School3.9 km away
- Halton Holegate CofE Primary School5.1 km away
- King Edward VI Academy6.7 km away
- William Lovell Church of England Academy7.2 km away
- The Giles Academy9.7 km away
More reading links
Public Transport Nearby
The closest station to PE22 8LE is Thorpe Culvert station, which is 6.6 kilometres away.
- Thorpe Culvert|6.6 km away
- Wainfleet|9.0 km away
- Havenhouse|11.5 km away
- Skegness|15.8 km away
