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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PE23 4LZHouse Prices / East Midlands, East Lindsey, Deep Lane
Last updated May 2026
Key Postcode Insights
PE23 4LZ is a residential postcode situated on Deep Lane, Hagworthingham, Spilsby, PE23 with 14 addresses.
It ranks as the 276th largest and 346th most expensive of the 380 postcodes in the PE23 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 14 properties: 14 houses.
14
Properties
- Houses
Key Postcode Insights
PE23 4LZ is a residential postcode situated on Deep Lane, Hagworthingham, Spilsby, PE23 with 14 addresses.
It ranks as the 276th largest and 346th most expensive of the 380 postcodes in the PE23 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 14 properties: 14 houses.
14
Properties
- Houses
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House Pricesin PE23 4LZ
Sale prices range from £337,784 for 3 bedroom freehold houses with a garden (1,194 ft2) to £645,676 for 5 bedroom freehold houses with a garden (2,615 ft2) .
Monthly rental prices range from £1,276 pcm for 3 bed houses to £2,524 pcm for 5 bed houses.
The gross rental yield is between 4.5% and 4.7%.
The average value per square foot is £256.
Average Sale Value
£487,034
Average Rental Value
£1,874 pcm
Average Rental Yield
4.6% /year
Average Value Per Sqft
£256 /ft2
Sales Market Trendsin PE23 4LZ
The last sale in PE23 4LZ sold for £642,500 on 4th July 2025. Since then prices are down an average of 4.0%.
The current average value in the postcode is £487,034.
The PE23 4LZ Sales Market has increased by 43.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.2% | £487,034 |
| April 2025 | -1% | £513,791 |
| April 2024 | -2% | £519,095 |
| April 2023 | 4% | £529,709 |
| April 2022 | 13.9% | £509,225 |
| April 2021 | 9.7% | £446,991 |
| April 2020 | -1.9% | £407,522 |
| April 2019 | 7.5% | £415,400 |
| April 2018 | 1.4% | £386,444 |
| April 2017 | 12.2% | £380,936 |
| April 2016 | 2% | £339,507 |
| April 2015 | 2.1% | £332,949 |
| April 2014 | 5.9% | £326,035 |
| April 2013 | 0.9% | £307,823 |
| April 2012 | -1.9% | £304,996 |
| April 2011 | -1.2% | £311,035 |
| April 2010 | 2.2% | £314,656 |
| April 2009 | -9.2% | £307,756 |
| April 2008 | 2.4% | £338,822 |
| April 2007 | 0% | £331,037 |
Rental Market Trendsin PE23 4LZ
The current average rental value in the postcode is £1,874.
The PE23 4LZ Rental Market has increased by 40.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £1,874pcm |
| April 2025 | 5.4% | £1,845pcm |
| April 2024 | 3.3% | £1,750pcm |
| April 2023 | 6.9% | £1,694pcm |
| April 2022 | 8.8% | £1,585pcm |
| April 2021 | 3.6% | £1,457pcm |
| April 2020 | 0.8% | £1,407pcm |
| April 2019 | 0.1% | £1,395pcm |
| April 2018 | 1.2% | £1,395pcm |
| April 2017 | 3.4% | £1,378pcm |
| April 2016 | 3.5% | £1,333pcm |
| April 2015 | 3.2% | £1,288pcm |
| April 2014 | 1.5% | £1,248pcm |
| April 2013 | 4.1% | £1,230pcm |
| April 2012 | 0.4% | £1,181pcm |
| April 2011 | 3.6% | £1,177pcm |
| April 2010 | 8% | £1,136pcm |
| April 2009 | -5.3% | £1,052pcm |
| April 2008 | 6.9% | £1,111pcm |
| April 2007 | 0% | £1,040pcm |
Explore Propertiesin PE23 4LZ, Deep Lane, Hagworthingham, Spilsby, PE23
- Bournes Homestead, Deep Lane, Spilsby, PE23 4LZ3 bed modern house
- Enderby House, Deep Lane, Spilsby, PE23 4LZ5 bed modern house
- Holly House Farm, Deep Lane, Spilsby, PE23 4LZ
- Lambs Cottage, Deep Lane, Spilsby, PE23 4LZ3 bed house
- Park House, Deep Lane, Spilsby, PE23 4LZ3 bed house
- Partridge Hurn, Deep Lane, Spilsby, PE23 4LZ5 bed period house
- Rothbury House, Deep Lane, Spilsby, PE23 4LZ4 bed modern house
- Southwold House, Deep Lane, Spilsby, PE23 4LZ5 bed modern house
- The Barn, Deep Lane, Spilsby, PE23 4LZ4 bed period house
- The Cottage, Deep Lane, Spilsby, PE23 4LZ4 bed modern house
- The Mill, Deep Lane, Spilsby, PE23 4LZ
- Toby House, Deep Lane, Spilsby, PE23 4LZ
- Vine Cottage, Deep Lane, Spilsby, PE23 4LZ5 bed period house
- Worthingham House, Deep Lane, Spilsby, PE23 4LZ5 bed modern house
Sales Historyin PE23 4LZ
The last sale was on 4th July 2025 for £642,500 and since then the market in the area has decreased by 4.0%. The postcode has had a total of 27 sales since 1995.
PE23 4LZ has seen 3 sales in the last three years and 1 sale in the last twelve months.
Sold Jul 2025£642,500 | 5 Bed HouseDeep LaneSouthwold House, Deep Lane, Spilsby, PE23 4LZ
Sold Mar 2025£610,000 | 5 Bed HouseDeep LaneVine Cottage, Deep Lane, Spilsby, PE23 4LZ
Sold Nov 2023£480,000 | 4 Bed HouseDeep LaneThe Cottage, Deep Lane, Spilsby, PE23 4LZ
Sold Jun 2022£395,000 | 3 Bed HouseDeep LaneLambs Cottage, Deep Lane, Spilsby, PE23 4LZ
Sold Nov 2020£599,950 | 5 Bed HouseDeep LaneWorthingham House, Deep Lane, Spilsby, PE23 4LZ
Sold Sep 2020£525,000 | 5 Bed HouseDeep LaneEnderby House, Deep Lane, Spilsby, PE23 4LZ
Sold Jun 2019£365,000 | 4 Bed HouseDeep LaneThe Cottage, Deep Lane, Spilsby, PE23 4LZ
Sold Dec 2014£250,000 | 4 Bed HouseDeep LaneThe Barn, Deep Lane, Spilsby, PE23 4LZ
Sold Aug 2014£292,500 | 4 Bed HouseDeep LaneRothbury House, Deep Lane, Spilsby, PE23 4LZ
Sold Jul 2014£245,000 | 3 Bed HouseDeep LanePark House, Deep Lane, Spilsby, PE23 4LZ
Sold Nov 2013£520,000 | 5 Bed HouseDeep LaneEnderby House, Deep Lane, Spilsby, PE23 4LZ
Sold Sep 2011£249,950 | 4 Bed HouseDeep LaneRothbury House, Deep Lane, Spilsby, PE23 4LZ
Sold Apr 2010£150,000 | 4 Bed HouseDeep LaneRothbury House, Deep Lane, Spilsby, PE23 4LZ
Sold Feb 2010£95,000 | 4 Bed HouseDeep LaneRothbury House, Deep Lane, Spilsby, PE23 4LZ
Sold Oct 2006£315,000 | 5 Bed HouseDeep LaneVine Cottage, Deep Lane, Spilsby, PE23 4LZ
Sold Aug 2005£320,000 | 4 Bed HouseDeep LaneRothbury House, Deep Lane, Spilsby, PE23 4LZ
Sold Dec 2003£420,000 | 5 Bed HouseDeep LaneWorthingham House, Deep Lane, Spilsby, PE23 4LZ
Sold Nov 2003£247,000 | 4 Bed HouseDeep LaneRothbury House, Deep Lane, Spilsby, PE23 4LZ
Sold Mar 2003£330,000 | 5 Bed HouseDeep LaneSouthwold House, Deep Lane, Spilsby, PE23 4LZ
Sold Nov 2002£185,000 | 3 Bed HouseDeep LanePark House, Deep Lane, Spilsby, PE23 4LZ
Sold Dec 2001£275,000 | 5 Bed HouseDeep LaneWorthingham House, Deep Lane, Spilsby, PE23 4LZ
Sold Aug 2001£285,000 | 5 Bed HouseDeep LaneEnderby House, Deep Lane, Spilsby, PE23 4LZ
Sold Mar 2001£42,500 | 4 Bed HouseDeep LaneThe Barn, Deep Lane, Spilsby, PE23 4LZ
Sold Jan 2000£88,000 | 3 Bed HouseDeep LanePark House, Deep Lane, Spilsby, PE23 4LZ
Sold Oct 1999£156,000 | 5 Bed HouseDeep LaneVine Cottage, Deep Lane, Spilsby, PE23 4LZ
Sold Oct 1998£122,000 | 4 Bed HouseDeep LaneThe Cottage, Deep Lane, Spilsby, PE23 4LZ
Sold Apr 1996£71,500 | 3 Bed HouseDeep LanePark House, Deep Lane, Spilsby, PE23 4LZ
Nearby Postcodesto PE23 4LZ
PE23 4LZ is the 276th largest and the 346th most expensive postcode out of the 380 postcodes in the PE23 area.
- 272 mPE23 4LS, Main Road, Hagworthingham, Spilsby, PE23PE23 4LS2 Addresses
- 275 mPE23 4LT, Main Road, Hagworthingham, Spilsby, PE23PE23 4LT6 Addresses
- 290 mPE23 4AA, Meridian Close, Hagworthingham, Spilsby, PE23PE23 4AA3 Addresses
- 323 mPE23 4LU, Hagworthingham, Spilsby, PE23PE23 4LU4 Addresses
- 392 mPE23 4NB, Hagworthingham, Spilsby, PE23PE23 4NB2 Addresses
- 393 mPE23 4NA, High Street, Hagworthingham, Spilsby, PE23PE23 4NA28 Addresses
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Property Typesin PE23 4LZ
- 3 period houses built between 1800 and 1911
- 6 modern houses built after 1980
- 2 houses of an unknown age
- 3 other addresses of unknown type
- period house (3)
- modern house (6)
- house (2)
- Unknown (3)
Energy Efficiencyof properties in PE23 4LZ
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The dominant rating is D.
- A (1)
- E (0)
- B (1)
- F (1)
- C (2)
- G (0)
- D (4)
- No EPC (5)
Top 3 Most Expensive Saleson Deep Lane
Schools Nearbyto PE23 4LZ
The nearest primary school to PE23 4LZ is The Edward Richardson Primary School, Tetford which is 5.0 kilometres away.
- 5.0kmThe Edward Richardson Primary School, Tetford
- 6.7kmSpilsby Primary School
- 6.9kmPartney Church of England Aided Primary School
The nearest secondary school is King Edward VI Academy which is 6.5 kilometres away.
- 6.5kmKing Edward VI Academy
- 8.1kmThe Banovallum School
- 8.9kmQueen Elizabeth's Grammar School, Horncastle
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Public Transport Nearbyto PE23 4LZ
The closest station to PE23 4LZ is Thorpe Culvert station which is 15.8 kilometres away.
- 15.8kmThorpe Culvert
- 18.9kmWainfleet
- 20.4kmHavenhouse
- 22.7kmSkegness
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