Blacksmiths Lane - PE23 5EZ
Key Postcode Insights
PE23 5EZ is a residential postcode situated on Blacksmiths Lane, Spilsby, PE23 with 10 addresses.
It ranks as the 423rd largest and 168th most expensive of the 750 postcodes in the PE23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £174,388
- 10 Year change
- up 34.1%
- Ave. Rental Price
- £892pcm
- 10 Year change
- up 52.2%
- Ave. £ per ft²
- £203/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
PE23 5EZ is a residential postcode situated on Blacksmiths Lane, Spilsby, PE23 with 10 addresses.
It ranks as the 423rd largest and 168th most expensive of the 750 postcodes in the PE23 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £174,388
- 10 Year change
- up 34.1%
- Ave. Rental Price
- £892pcm
- 10 Year change
- up 52.2%
- Ave. £ per ft²
- £203/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Properties in PE23 5EZ
- 1 Blacksmiths Lane
3 Bed Modern House
- 2 Blacksmiths Lane
3 Bed Modern House
- 3 Blacksmiths Lane
3 Bed Modern House
- 4 Blacksmiths Lane
2 Bed House
- 5 Blacksmiths Lane
3 Bed Modern House
Sales Market Trends
The last sale in PE23 5EZ sold for £124,000 on 19th October 2018. Since then prices are up an average of 32.8%.
The current average value in the postcode is £174,388.
The PE23 5EZ Sales Market has increased by 34.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £174,388 |
| June 2025 | -2.1% | £174,652 |
| June 2024 | -1.1% | £178,357 |
| June 2023 | 0.6% | £180,415 |
| June 2022 | 14.5% | £179,370 |
| June 2021 | 8.1% | £156,658 |
| June 2020 | 0.6% | £144,933 |
| June 2019 | 2.5% | £144,052 |
| June 2018 | 2.6% | £140,597 |
| June 2017 | 5.5% | £137,097 |
| June 2016 | 6.1% | £130,008 |
| June 2015 | 2.5% | £122,506 |
| June 2014 | 3.2% | £119,543 |
| June 2013 | 2.9% | £115,834 |
| June 2012 | -0.3% | £112,515 |
| June 2011 | 0% | £112,819 |
| June 2010 | -0.7% | £112,825 |
| June 2009 | -10.1% | £113,585 |
| June 2008 | -2.2% | £126,294 |
| June 2007 | 0% | £129,088 |
Rental Market Trends
The current average rental value in the postcode is £892.
The PE23 5EZ Rental Market has increased by 52.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.9% | £892pcm |
| June 2025 | 6.1% | £842pcm |
| June 2024 | 5.2% | £794pcm |
| June 2023 | 7.3% | £755pcm |
| June 2022 | 7.2% | £703pcm |
| June 2021 | 6.1% | £656pcm |
| June 2020 | 3.2% | £618pcm |
| June 2019 | 0.1% | £599pcm |
| June 2018 | 1% | £598pcm |
| June 2017 | 1.1% | £592pcm |
| June 2016 | 3% | £586pcm |
| June 2015 | 3.2% | £569pcm |
| June 2014 | 3% | £551pcm |
| June 2013 | 2.7% | £535pcm |
| June 2012 | 0.1% | £521pcm |
| June 2011 | 1.4% | £521pcm |
| June 2010 | 3.5% | £513pcm |
| June 2009 | -5.7% | £496pcm |
| June 2008 | 1.3% | £526pcm |
| June 2007 | 0% | £520pcm |
Sales History
The last recorded sale was on 19th October 2018 for £124,000 and since then the market in the area has increased by 32.8%.
PE23 5EZ has had 3 sales since 1995, none of them in the last three years.
- Sold Oct 2018£124,000 | 3 Bed House1, Blacksmiths Lane, Spilsby, PE23 5EZ1, Blacksmiths Lane, Spilsby, PE23 5EZ
- Sold Jul 2016£117,000 | 3 Bed House2, Blacksmiths Lane, Spilsby, PE23 5EZ2, Blacksmiths Lane, Spilsby, PE23 5EZ
- Sold May 2014£125,000 | 3 Bed House3, Blacksmiths Lane, Spilsby, PE23 5EZ3, Blacksmiths Lane, Spilsby, PE23 5EZ
Nearby Postcodes
PE23 5EZ is the 423rd largest and the 168th most expensive postcode out of the 750 postcodes in the PE23 area.
- PE23 5DR, Ashby Road, Spilsby, PE23PE23 5DR14 Addresses|42 m away
- PE23 5GL, Wrights Court, Spilsby, PE23PE23 5GL5 Addresses|48 m away
- PE23 5EP, Woodlands Avenue, Spilsby, PE23PE23 5EP22 Addresses|76 m away
- PE23 5ES, Woodlands Avenue, Spilsby, PE23PE23 5ES6 Addresses|78 m away
- PE23 5DH, Ashby Road, Spilsby, PE23PE23 5DH6 Addresses|96 m away
Property Types
- 9 modern houses built after 1980
- 1 house of an unknown age
- modern house (9)
- house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (8)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold May 2014£125,000 | 3 Bed House3, Blacksmiths Lane, Spilsby, PE23 5EZ3, Blacksmiths Lane, Spilsby, PE23 5EZ
- Sold Mar 2006£124,950 | 3 Bed House3, Blacksmiths Lane, Spilsby, PE23 5EZ3, Blacksmiths Lane, Spilsby, PE23 5EZ
- Sold Oct 2018£124,000 | 3 Bed House1, Blacksmiths Lane, Spilsby, PE23 5EZ1, Blacksmiths Lane, Spilsby, PE23 5EZ
Schools Nearby
- Spilsby Primary School100 m away
- Halton Holegate CofE Primary School2.1 km away
- Partney Church of England Aided Primary School2.4 km away
- King Edward VI Academy200 m away
- Queen Elizabeth's Grammar Alford - A Selective Academy10.5 km away
- John Spendluffe Foundation Technology College10.9 km away
More reading links
Public Transport Nearby
The closest station to PE23 5EZ is Thorpe Culvert station, which is 9.1 kilometres away.
- Thorpe Culvert|9.1 km away
- Wainfleet|12.2 km away
- Havenhouse|13.7 km away
- Skegness|16.3 km away
