Lusby, Spilsby - PE23 4JB
Key Postcode Insights
PE23 4JB is a residential postcode situated on Lusby, Spilsby, PE23 with 24 addresses.
It ranks as the 616th largest and 361st most expensive of the 750 postcodes in the PE23 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 24 properties: 24 houses.
- Ave. Sale Price
- £250,286
- 10 Year change
- up 31.3%
- Ave. Rental Price
- £1,038pcm
- 10 Year change
- up 57.4%
- Ave. £ per ft²
- £204/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
PE23 4JB is a residential postcode situated on Lusby, Spilsby, PE23 with 24 addresses.
It ranks as the 616th largest and 361st most expensive of the 750 postcodes in the PE23 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 24 properties: 24 houses.
- Ave. Sale Price
- £250,286
- 10 Year change
- up 31.3%
- Ave. Rental Price
- £1,038pcm
- 10 Year change
- up 57.4%
- Ave. £ per ft²
- £204/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin PE23 4JB
- Woodmans Cottage
3 Bed House
- Manor Cottages
House
- Bluebell Cottage
House
- Brocksome
House
- Chapel Cottage
4 Bed Period House
Sales Market Trends
The last sale in PE23 4JB sold for £230,000 on 26th September 2025. Since then prices are down an average of 1.2%.
The current average value in the postcode is £250,286.
The PE23 4JB Sales Market has increased by 31.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £250,286 |
| June 2025 | -4.6% | £257,961 |
| June 2024 | 0.3% | £270,291 |
| June 2023 | -0.1% | £269,401 |
| June 2022 | 15.4% | £269,786 |
| June 2021 | 9.3% | £233,856 |
| June 2020 | -0.2% | £213,937 |
| June 2019 | 2.7% | £214,293 |
| June 2018 | 2.4% | £208,631 |
| June 2017 | 6.9% | £203,691 |
| June 2016 | 6.4% | £190,630 |
| June 2015 | 2.6% | £179,162 |
| June 2014 | 2.5% | £174,676 |
| June 2013 | 3% | £170,362 |
| June 2012 | 0.4% | £165,394 |
| June 2011 | 0% | £164,757 |
| June 2010 | 0.3% | £164,792 |
| June 2009 | -7.9% | £164,334 |
| June 2008 | -1.5% | £178,453 |
| June 2007 | 0% | £181,125 |
Rental Market Trends
The current average rental value in the postcode is £1,038.
The PE23 4JB Rental Market has increased by 57.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,038pcm |
| June 2025 | 5.6% | £1,009pcm |
| June 2024 | 5.4% | £955pcm |
| June 2023 | 8.4% | £906pcm |
| June 2022 | 6.9% | £836pcm |
| June 2021 | 8.4% | £782pcm |
| June 2020 | 3.4% | £721pcm |
| June 2019 | 1.2% | £697pcm |
| June 2018 | 1.9% | £689pcm |
| June 2017 | 2.5% | £676pcm |
| June 2016 | 3.9% | £659pcm |
| June 2015 | 3.5% | £635pcm |
| June 2014 | 3% | £613pcm |
| June 2013 | 2.2% | £596pcm |
| June 2012 | 0.7% | £582pcm |
| June 2011 | 0.8% | £578pcm |
| June 2010 | 5% | £574pcm |
| June 2009 | -4.4% | £546pcm |
| June 2008 | 3.5% | £571pcm |
| June 2007 | 0% | £552pcm |
Sales History
The last sale was on 26th September 2025 for £230,000 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 29 sales since 1995.
PE23 4JB has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£230,000 | 3 Bed HouseManor Farm Cottage, Spilsby, PE23 4JBManor Farm Cottage, Spilsby, PE23 4JB
- Sold Oct 2024£250,000 | 3 Bed HouseUphill, Spilsby, PE23 4JBUphill, Spilsby, PE23 4JB
- Sold Mar 2024£270,000 | 4 Bed HouseChapel Cottage, Spilsby, PE23 4JBChapel Cottage, Spilsby, PE23 4JB
- Sold Sep 2022£230,000 | 3 Bed HouseEnd Cottage, Spilsby, PE23 4JBEnd Cottage, Spilsby, PE23 4JB
- Sold Sep 2021£548,000 | 5 Bed HouseManor Lodge, Spilsby, PE23 4JBManor Lodge, Spilsby, PE23 4JB
Nearby Postcodes
PE23 4JB is the 616th largest and the 361st most expensive postcode out of the 750 postcodes in the PE23 area.
- PE23 4JD, Lusby, Spilsby, PE23PE23 4JD2 Addresses|95 m away
- PE23 4HZ, Lusby, Spilsby, PE23PE23 4HZ1 Addresses|244 m away
- PE23 4HY, Sandy Lane, Asgarby, Spilsby, PE23PE23 4HY2 Addresses|1.2 km away
- PE23 4LW, Church Lane, Hagworthingham, Spilsby, PE23PE23 4LW3 Addresses|1.3 km away
- PE23 4HX, Asgarby, Spilsby, PE23PE23 4HX7 Addresses|1.3 km away
Property Types
- 8 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 2 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 11 other addresses of unknown type
- period house (8)
- modern house (1)
- mid-century house (2)
- house (2)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (2)
- C (0)
- G (1)
- D (6)
- No EPC (11)
Top 3 Most Expensive Sales
Schools Nearby
- Spilsby Primary School6.3 km away
- The Edward Richardson Primary School, Tetford6.9 km away
- Toynton All Saints Primary School7.0 km away
- King Edward VI Academy6.2 km away
- The Banovallum School7.6 km away
- Queen Elizabeth's Grammar School, Horncastle8.6 km away
More reading links
Public Transport Nearby
The closest station to PE23 4JB is Thorpe Culvert station, which is 15.1 kilometres away.
- Thorpe Culvert|15.1 km away
- Wainfleet|18.1 km away
- Havenhouse|19.9 km away
- Skegness|22.7 km away