PE23 4ES is a residential postcode situated on Old Bolingbroke, Spilsby, PE23 with 9 addresses.
It ranks as the 214th largest and 150th most expensive of the 380 postcodes in the PE23 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 9 properties: 9 houses.
PE23 4ES is a residential postcode situated on Old Bolingbroke, Spilsby, PE23 with 9 addresses.
It ranks as the 214th largest and 150th most expensive of the 380 postcodes in the PE23 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 9 properties: 9 houses.
Sale prices range from £171,372 for 2 bedroom freehold houses with a garden (635 ft2) to £432,233 for 4 bedroom freehold houses with a garden (1,722 ft2) .
Monthly rental prices range from £773 pcm for 2 bed houses to £1,793 pcm for 4 bed houses.
The gross rental yield is between 4.6% and 5.4%.
The average value per square foot is £216.
The last sale in PE23 4ES sold for £175,000 on 14th January 2026. Since then prices are down an average of 1.1%.
The current average value in the postcode is £263,665.
The PE23 4ES Sales Market has increased by 44.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.6% | £263,665 |
| April 2025 | -1.1% | £276,270 |
| April 2024 | -2% | £279,348 |
| April 2023 | 4.3% | £284,926 |
| April 2022 | 13.6% | £273,218 |
| April 2021 | 9.8% | £240,411 |
| April 2020 | -2.1% | £218,996 |
| April 2019 | 8.6% | £223,712 |
| April 2018 | 0.4% | £205,956 |
| April 2017 | 12.6% | £205,077 |
| April 2016 | -0.2% | £182,111 |
| April 2015 | 2.3% | £182,564 |
| April 2014 | 7.8% | £178,420 |
| April 2013 | -0.5% | £165,477 |
| April 2012 | -2% | £166,305 |
| April 2011 | -2% | £169,754 |
| April 2010 | 1.3% | £173,169 |
| April 2009 | -9.7% | £170,879 |
| April 2008 | 3% | £189,319 |
| April 2007 | 0% | £183,773 |
The current average rental value in the postcode is £1,108.
The PE23 4ES Rental Market has increased by 40.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,108pcm |
| April 2025 | 5.8% | £1,082pcm |
| April 2024 | 3.2% | £1,023pcm |
| April 2023 | 6.8% | £992pcm |
| April 2022 | 8.6% | £928pcm |
| April 2021 | 3.4% | £855pcm |
| April 2020 | 0.8% | £826pcm |
| April 2019 | -0.2% | £819pcm |
| April 2018 | 0.9% | £821pcm |
| April 2017 | 3% | £814pcm |
| April 2016 | 3.2% | £791pcm |
| April 2015 | 3.2% | £766pcm |
| April 2014 | 2% | £743pcm |
| April 2013 | 3.9% | £728pcm |
| April 2012 | 0.4% | £701pcm |
| April 2011 | 3.2% | £699pcm |
| April 2010 | 7.3% | £677pcm |
| April 2009 | -6% | £631pcm |
| April 2008 | 7.3% | £671pcm |
| April 2007 | 0% | £626pcm |
The last sale was on 14th January 2026 for £175,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 17 sales since 1995.
PE23 4ES has seen 2 sales in the last three years and 1 sale in the last twelve months.
PE23 4ES is the 214th largest and the 150th most expensive postcode out of the 380 postcodes in the PE23 area.
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The closest station to PE23 4ES is Thorpe Culvert station which is 12.9 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around PE23 4ES, 57.1% of property is privately owned outright and 25.0% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PE23 4ES, 6.6% of residents are recorded as possessing school level qualifications and 36.8% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around PE23 4ES, the average age was 49.7 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PE23 4ES, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PE23 4ES, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.