New Lane - PE23 5AX
Key Postcode Insights
PE23 5AX is a residential postcode situated on New Lane, Toynton St. Peter, Spilsby, PE23 with 1 addresses.
It ranks as the 49th largest and 577th most expensive of the 749 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 1 properties: 1 house.
- Ave. Sale Price
- £335,724
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,133pcm
- 10 Year change
- up 44.0%
- Ave. £ per ft²
- £254/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Key Postcode Insights
PE23 5AX is a residential postcode situated on New Lane, Toynton St. Peter, Spilsby, PE23 with 1 addresses.
It ranks as the 49th largest and 577th most expensive of the 749 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 1 properties: 1 house.
- Ave. Sale Price
- £335,724
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,133pcm
- 10 Year change
- up 44.0%
- Ave. £ per ft²
- £254/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Sales Market Trends
The last sale in PE23 5AX sold for £386,000 on 20th October 2023. Since then prices are down an average of 7.5%.
The current average value in the postcode is £335,724.
The PE23 5AX Sales Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -3.6% | £335,724 |
| July 2025 | -3.2% | £348,318 |
| July 2024 | -1.4% | £359,910 |
| July 2023 | 0.4% | £365,001 |
| July 2022 | 14.1% | £363,544 |
| July 2021 | 9.6% | £318,626 |
| July 2020 | 2.1% | £290,826 |
| July 2019 | 3.3% | £284,862 |
| July 2018 | 2.6% | £275,648 |
| July 2017 | 7.5% | £268,645 |
| July 2016 | 4.3% | £249,791 |
| July 2015 | 4.2% | £239,492 |
| July 2014 | 3.3% | £229,870 |
| July 2013 | 0.7% | £222,604 |
| July 2012 | 1.5% | £221,115 |
| July 2011 | -2.4% | £217,757 |
| July 2010 | 2.9% | £223,111 |
| July 2009 | -7.4% | £216,743 |
| July 2008 | -2.5% | £233,977 |
| July 2007 | 0% | £239,937 |
Rental Market Trends
The current average rental value in the postcode is £1,133.
The PE23 5AX Rental Market has increased by 44.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 1.7% | £1,133pcm |
| July 2025 | 3.9% | £1,114pcm |
| July 2024 | 4.3% | £1,073pcm |
| July 2023 | 7.3% | £1,029pcm |
| July 2022 | 7.6% | £958pcm |
| July 2021 | 6.6% | £890pcm |
| July 2020 | 1.3% | £835pcm |
| July 2019 | 0.5% | £825pcm |
| July 2018 | 1.6% | £821pcm |
| July 2017 | 2.6% | £807pcm |
| July 2016 | 4.4% | £787pcm |
| July 2015 | 3.6% | £754pcm |
| July 2014 | 1.2% | £728pcm |
| July 2013 | 1.8% | £719pcm |
| July 2012 | 0.3% | £706pcm |
| July 2011 | 2.2% | £704pcm |
| July 2010 | 8.1% | £689pcm |
| July 2009 | 0% | £638pcm |
| July 2008 | 2% | £638pcm |
| July 2007 | 0% | £625pcm |
Sales History
The last recorded sale was on 20th October 2023 for £386,000 and since then the market in the area has decreased by 7.5%.
PE23 5AX has had 2 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Oct 2023£386,000 | 4 Bed HouseHome Farm, New Lane, Spilsby, PE23 5AXHome Farm, New Lane, Spilsby, PE23 5AX
- Sold Jul 2017£217,000 | 4 Bed HouseHome Farm, New Lane, Spilsby, PE23 5AXHome Farm, New Lane, Spilsby, PE23 5AX
Nearby Postcodes
PE23 5AX is the 49th largest and the 577th most expensive postcode out of the 749 postcodes in the PE23 area.
- PE23 5AT, Toynton St. Peter, Spilsby, PE23PE23 5AT35 Addresses|219 m away
- PE23 5AL, Chapel Lane, Toynton St. Peter, Spilsby, PE23PE23 5AL3 Addresses|250 m away
- PE23 5AW, Toynton St. Peter, Spilsby, PE23PE23 5AW9 Addresses|262 m away
- PE23 5AU, Ings Lane, Toynton St. Peter, Spilsby, PE23PE23 5AU3 Addresses|311 m away
- PE23 5AS, Toynton St. Peter, Spilsby, PE23PE23 5AS2 Addresses|381 m away
Property Types
- 1 period house built between 1800 and 1911
- period house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 1 property.
- The most common rating is F.
- A (0)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Most Expensive Sales
- Sold Oct 2023£386,000 | 4 Bed HouseHome Farm, New Lane, Spilsby, PE23 5AXHome Farm, New Lane, Spilsby, PE23 5AX
- Sold Jul 2017£217,000 | 4 Bed HouseHome Farm, New Lane, Spilsby, PE23 5AXHome Farm, New Lane, Spilsby, PE23 5AX
Schools Nearby
- Toynton All Saints Primary School1.2 km away
- Halton Holegate CofE Primary School2.2 km away
- Spilsby Primary School3.5 km away
- King Edward VI Academy3.5 km away
- William Lovell Church of England Academy8.7 km away
- The Giles Academy12.8 km away
More reading links
Public Transport Nearby
The closest station to PE23 5AX is Thorpe Culvert station, which is 7.2 kilometres away.
- Thorpe Culvert|7.2 km away
- Wainfleet|10.1 km away
- Havenhouse|12.2 km away
- Skegness|15.7 km away
