Sausthorpe, Spilsby - PE23 4LB
Key Postcode Insights
PE23 4LB is a residential postcode situated on Sausthorpe, Spilsby, PE23 with 2 addresses.
It ranks as the 110th largest and 718th 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 2 properties: 2 houses.
- Ave. Sale Price
- £485,847
- 10 Year change
- up 33.7%
- Ave. Rental Price
- £1,612pcm
- 10 Year change
- up 52.8%
- Ave. £ per ft²
- £197/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Key Postcode Insights
PE23 4LB is a residential postcode situated on Sausthorpe, Spilsby, PE23 with 2 addresses.
It ranks as the 110th largest and 718th 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 2 properties: 2 houses.
- Ave. Sale Price
- £485,847
- 10 Year change
- up 33.7%
- Ave. Rental Price
- £1,612pcm
- 10 Year change
- up 52.8%
- Ave. £ per ft²
- £197/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Explore Propertiesin PE23 4LB
Sales Market Trends
The last sale in PE23 4LB sold for £330,000 on 23rd November 2018. Since then prices are up an average of 18.7%.
The current average value in the postcode is £485,847.
The PE23 4LB Sales Market has increased by 33.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £485,847 |
| June 2025 | -3.4% | £506,097 |
| June 2024 | -0.9% | £524,051 |
| June 2023 | 0.7% | £528,693 |
| June 2022 | 14.9% | £525,114 |
| June 2021 | 9.7% | £456,933 |
| June 2020 | -0.1% | £416,718 |
| June 2019 | 3.6% | £417,052 |
| June 2018 | 3.2% | £402,471 |
| June 2017 | 7.3% | £389,876 |
| June 2016 | 6.6% | £363,512 |
| June 2015 | 2.8% | £341,063 |
| June 2014 | 2.8% | £331,709 |
| June 2013 | 1.6% | £322,566 |
| June 2012 | 0.8% | £317,356 |
| June 2011 | -0.8% | £314,827 |
| June 2010 | 2.1% | £317,429 |
| June 2009 | -7.4% | £310,982 |
| June 2008 | -1.4% | £335,909 |
| June 2007 | 0% | £340,639 |
Rental Market Trends
The current average rental value in the postcode is £1,612.
The PE23 4LB Rental Market has increased by 52.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £1,612pcm |
| June 2025 | 5.1% | £1,583pcm |
| June 2024 | 5.1% | £1,506pcm |
| June 2023 | 7.8% | £1,433pcm |
| June 2022 | 7.3% | £1,329pcm |
| June 2021 | 7.7% | £1,238pcm |
| June 2020 | 2.6% | £1,149pcm |
| June 2019 | 1.4% | £1,120pcm |
| June 2018 | 1.9% | £1,105pcm |
| June 2017 | 2.9% | £1,085pcm |
| June 2016 | 3.7% | £1,055pcm |
| June 2015 | 3.4% | £1,017pcm |
| June 2014 | 2.7% | £984pcm |
| June 2013 | 1.2% | £958pcm |
| June 2012 | 1.2% | £947pcm |
| June 2011 | 0.7% | £936pcm |
| June 2010 | 6.5% | £930pcm |
| June 2009 | -3.1% | £873pcm |
| June 2008 | 2.2% | £901pcm |
| June 2007 | 0% | £882pcm |
Sales History
The last sale was on 23rd November 2018 for £330,000 and since then the market in the area has increased by 18.7%. The postcode has had a total of 4 sales since 1995.
PE23 4LB has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2018£330,000 | 4 Bed HouseThe Mill Cottage, Spilsby, PE23 4LBThe Mill Cottage, Spilsby, PE23 4LB
- Sold Nov 2007£366,000 | 4 Bed HouseThe Mill Cottage, Spilsby, PE23 4LBThe Mill Cottage, Spilsby, PE23 4LB
- Sold Feb 2002£305,000 | 5 Bed HouseAswardby Watermill, Spilsby, PE23 4LBAswardby Watermill, Spilsby, PE23 4LB
- Sold Jul 1997£175,000 | 5 Bed HouseAswardby Watermill, Spilsby, PE23 4LBAswardby Watermill, Spilsby, PE23 4LB
Nearby Postcodes
PE23 4LB is the 110th largest and the 718th most expensive postcode out of the 750 postcodes in the PE23 area.
- PE23 4LD, Sausthorpe Road, Hagworthingham, Spilsby, PE23PE23 4LD3 Addresses|541 m away
- PE23 4LA, Hagworthingham Road, Sausthorpe, Spilsby, PE23PE23 4LA2 Addresses|667 m away
- PE23 4JL, Partney Road, Sausthorpe, Spilsby, PE23PE23 4JL14 Addresses|949 m away
- PE23 4JN, Langton Road, Sausthorpe, Spilsby, PE23PE23 4JN20 Addresses|1.0 km away
- PE23 4JZ, Sausthorpe, Spilsby, PE23PE23 4JZ3 Addresses|1.1 km away
Property Types
- 1 period house built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- period house (1)
- mid-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Nov 2007£366,000 | 4 Bed HouseThe Mill Cottage, Spilsby, PE23 4LBThe Mill Cottage, Spilsby, PE23 4LB
- Sold Nov 2018£330,000 | 4 Bed HouseThe Mill Cottage, Spilsby, PE23 4LBThe Mill Cottage, Spilsby, PE23 4LB
- Sold Feb 2002£305,000 | 5 Bed HouseAswardby Watermill, Spilsby, PE23 4LBAswardby Watermill, Spilsby, PE23 4LB
Schools Nearby
- Spilsby Primary School3.8 km away
- Partney Church of England Aided Primary School3.8 km away
- Toynton All Saints Primary School5.9 km away
- King Edward VI Academy3.6 km away
- Queen Elizabeth's Grammar Alford - A Selective Academy10.0 km away
- John Spendluffe Foundation Technology College10.6 km away
More reading links
Public Transport Nearby
The closest station to PE23 4LB is Thorpe Culvert station, which is 12.9 kilometres away.
- Thorpe Culvert|12.9 km away
- Wainfleet|16.0 km away
- Havenhouse|17.3 km away
- Skegness|19.6 km away
