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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 5LQHouse Prices / East Midlands, East Lindsey, Post Office Lane
Last updated May 2026
Key Postcode Insights
PE23 5LQ is a residential postcode situated on Post Office Lane, Spilsby, PE23 with 20 addresses.
It ranks as the 311th largest and 98th 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 20 properties: 20 houses.
20
Properties
- Houses
Key Postcode Insights
PE23 5LQ is a residential postcode situated on Post Office Lane, Spilsby, PE23 with 20 addresses.
It ranks as the 311th largest and 98th 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 20 properties: 20 houses.
20
Properties
- Houses
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House Pricesin PE23 5LQ
Sale prices range from £113,046 for 2 bedroom freehold houses with a garden (548 ft2) to £337,034 for 4 bedroom freehold houses with a garden (2,109 ft2) .
Monthly rental prices range from £594 pcm for 2 bed houses to £1,501 pcm for 4 bed houses.
The gross rental yield is between 4.9% and 6.3%.
The average value per square foot is £173.
Average Sale Value
£208,255
Average Rental Value
£978 pcm
Average Rental Yield
5.6% /year
Average Value Per Sqft
£173 /ft2
Sales Market Trendsin PE23 5LQ
The last sale in PE23 5LQ sold for £270,000 on 4th January 2024. Since then prices are down an average of 2.7%.
The current average value in the postcode is £208,255.
The PE23 5LQ Sales Market has increased by 47.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.2% | £208,255 |
| April 2025 | -1% | £215,247 |
| April 2024 | -1.7% | £217,500 |
| April 2023 | 4.6% | £221,232 |
| April 2022 | 13.2% | £211,543 |
| April 2021 | 10.1% | £186,880 |
| April 2020 | -2.6% | £169,774 |
| April 2019 | 9.7% | £174,228 |
| April 2018 | -0.7% | £158,769 |
| April 2017 | 13.3% | £159,887 |
| April 2016 | -2.1% | £141,173 |
| April 2015 | 2.1% | £144,164 |
| April 2014 | 9.7% | £141,236 |
| April 2013 | -1.9% | £128,805 |
| April 2012 | -2.2% | £131,249 |
| April 2011 | -2.9% | £134,203 |
| April 2010 | -0.3% | £138,208 |
| April 2009 | -10.1% | £138,597 |
| April 2008 | 3.3% | £154,127 |
| April 2007 | 0% | £149,267 |
Rental Market Trendsin PE23 5LQ
The current average rental value in the postcode is £978.
The PE23 5LQ Rental Market has increased by 39.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.8% | £978pcm |
| April 2025 | 6.2% | £942pcm |
| April 2024 | 3.2% | £887pcm |
| April 2023 | 6.6% | £860pcm |
| April 2022 | 8.5% | £807pcm |
| April 2021 | 3.1% | £744pcm |
| April 2020 | 0.9% | £721pcm |
| April 2019 | -0.7% | £715pcm |
| April 2018 | 0.4% | £720pcm |
| April 2017 | 2.3% | £717pcm |
| April 2016 | 2.7% | £701pcm |
| April 2015 | 3% | £682pcm |
| April 2014 | 2.8% | £663pcm |
| April 2013 | 3.4% | £645pcm |
| April 2012 | 0.3% | £623pcm |
| April 2011 | 2.4% | £621pcm |
| April 2010 | 6.2% | £607pcm |
| April 2009 | -6.7% | £572pcm |
| April 2008 | 6.9% | £613pcm |
| April 2007 | 0% | £573pcm |
Explore Propertiesin PE23 5LQ, Post Office Lane, Spilsby, PE23
- Larkrise, Post Office Lane, Spilsby, PE23 5LQ4 bed modern house
- Owl End, Post Office Lane, Spilsby, PE23 5LQ
- Two Hoots, Post Office Lane, Spilsby, PE23 5LQ3 bed house
- 3, Post Office Lane, Spilsby, PE23 5LQ3 bed house
- 4, Post Office Lane, Spilsby, PE23 5LQ
- 5, Post Office Lane, Spilsby, PE23 5LQ4 bed modern house
- 6, Post Office Lane, Spilsby, PE23 5LQ3 bed modern house
- 8, Post Office Lane, Spilsby, PE23 5LQ3 bed modern house
- 9, Post Office Lane, Spilsby, PE23 5LQ
- 10, Post Office Lane, Spilsby, PE23 5LQ3 bed modern house
- 11, Post Office Lane, Spilsby, PE23 5LQ
- 12, Post Office Lane, Spilsby, PE23 5LQ3 bed modern house
- 14, Post Office Lane, Spilsby, PE23 5LQ
- 15, Post Office Lane, Spilsby, PE23 5LQ
- 16, Post Office Lane, Spilsby, PE23 5LQ3 bed early-century house
- 17, Post Office Lane, Spilsby, PE23 5LQ3 bed period house
- 18, Post Office Lane, Spilsby, PE23 5LQ
- 19, Post Office Lane, Spilsby, PE23 5LQ
- 21, Post Office Lane, Spilsby, PE23 5LQ
- 23, Post Office Lane, Spilsby, PE23 5LQ3 bed modern house
Sales Historyin PE23 5LQ
The last sale was on 4th January 2024 for £270,000 and since then the market in the area has decreased by 2.7%. The postcode has had a total of 30 sales since 1995.
PE23 5LQ has seen 2 sales in the last three years and no sales in the last twelve months.
Sold Jan 2024£270,000 | 3 Bed HousePost Office Lane16, Post Office Lane, Spilsby, PE23 5LQ
Sold Jan 2023£287,500 | 3 Bed HousePost Office Lane17, Post Office Lane, Spilsby, PE23 5LQ
Sold Apr 2022£142,255 | 3 Bed HousePost Office Lane8, Post Office Lane, Spilsby, PE23 5LQ
Sold May 2020£285,000 | 4 Bed HousePost Office Lane5, Post Office Lane, Spilsby, PE23 5LQ
Sold Feb 2018£112,500 | 3 Bed HousePost Office Lane10, Post Office Lane, Spilsby, PE23 5LQ
Sold Jun 2017£255,000 | 4 Bed HousePost Office Lane5, Post Office Lane, Spilsby, PE23 5LQ
Sold Oct 2014£132,500 | 3 Bed HousePost Office Lane17, Post Office Lane, Spilsby, PE23 5LQ
Sold May 2014£151,000 | 3 Bed HousePost Office LaneTwo Hoots, Post Office Lane, Spilsby, PE23 5LQ
Sold Dec 2010£147,500 | 3 Bed HousePost Office LaneTwo Hoots, Post Office Lane, Spilsby, PE23 5LQ
Sold Mar 2008£155,000 | 3 Bed HousePost Office Lane3, Post Office Lane, Spilsby, PE23 5LQ
Sold Dec 2007£122,500 | 3 Bed HousePost Office Lane8, Post Office Lane, Spilsby, PE23 5LQ
Sold Oct 2007£235,000 | 4 Bed HousePost Office Lane5, Post Office Lane, Spilsby, PE23 5LQ
Sold Jan 2006£120,000 | 3 Bed HousePost Office Lane10, Post Office Lane, Spilsby, PE23 5LQ
Sold Dec 2005£99,950 | 3 Bed HousePost Office Lane8, Post Office Lane, Spilsby, PE23 5LQ
Sold Sep 2005£88,500 | 2 Bed HousePost Office Lane19, Post Office Lane, Spilsby, PE23 5LQ
Sold Oct 2004£127,000 | 3 Bed HousePost Office Lane12, Post Office Lane, Spilsby, PE23 5LQ
Sold Sep 2004£124,000 | 3 Bed HousePost Office Lane17, Post Office Lane, Spilsby, PE23 5LQ
Sold May 2004£230,000 | 3 Bed HousePost Office Lane15, Post Office Lane, Spilsby, PE23 5LQ
Sold Aug 2003£115,000 | 3 Bed HousePost Office Lane12, Post Office Lane, Spilsby, PE23 5LQ
Sold Aug 2003£172,000 | 3 Bed HousePost Office Lane11, Post Office Lane, Spilsby, PE23 5LQ
Sold Jun 2003£87,500 | 3 Bed HousePost Office Lane10, Post Office Lane, Spilsby, PE23 5LQ
Sold Apr 2003£117,500 | 3 Bed HousePost Office LaneTwo Hoots, Post Office Lane, Spilsby, PE23 5LQ
Sold Jul 2002£59,950 | 3 Bed HousePost Office Lane8, Post Office Lane, Spilsby, PE23 5LQ
Sold Feb 2002£46,000 | 2 Bed HousePost Office Lane19, Post Office Lane, Spilsby, PE23 5LQ
Sold Nov 2000£38,500 | 2 Bed HousePost Office Lane19, Post Office Lane, Spilsby, PE23 5LQ
Sold Nov 2000£90,000 | 4 Bed HousePost Office Lane5, Post Office Lane, Spilsby, PE23 5LQ
Sold Oct 1997£44,000 | 3 Bed HousePost Office Lane16, Post Office Lane, Spilsby, PE23 5LQ
Sold May 1997£40,000 | 3 Bed HousePost Office Lane8, Post Office Lane, Spilsby, PE23 5LQ
Sold Mar 1996£24,505 | 2 Bed HousePost Office Lane19, Post Office Lane, Spilsby, PE23 5LQ
Sold Jul 1995£16,000 | 3 Bed HousePost Office Lane21, Post Office Lane, Spilsby, PE23 5LQ
Nearby Postcodesto PE23 5LQ
PE23 5LQ is the 311th largest and the 98th most expensive postcode out of the 380 postcodes in the PE23 area.
- 87 mPE23 5JG, Welham Gardens, Spilsby, PE23PE23 5JG3 Addresses
- 93 mPE23 5LG, Simpson Street, Spilsby, PE23PE23 5LG12 Addresses
- 112 mPE23 5JF, Wellington Yard, Spilsby, PE23PE23 5JF7 Addresses
- 116 mPE23 5QU, Old School Mews, Spilsby, PE23PE23 5QU27 Addresses
- 123 mPE23 5JX, Market Street, Spilsby, PE23PE23 5JX3 Addresses
- 126 mPE23 5JQ, Queen Street, Spilsby, PE23PE23 5JQ7 Addresses
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Property Typesin PE23 5LQ
- 1 period house built between 1800 and 1911
- 7 modern houses built after 1980
- 2 houses of an unknown age
- 1 early-century house built between 1912 and 1935
- 9 other addresses of unknown type
- period house (1)
- modern house (7)
- house (2)
- early-century house (1)
- Unknown (9)
Energy Efficiencyof properties in PE23 5LQ
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The dominant rating is C.
- A (0)
- E (2)
- B (1)
- F (0)
- C (3)
- G (0)
- D (3)
- No EPC (11)
Top 3 Most Expensive Saleson Post Office Lane
Schools Nearbyto PE23 5LQ
The nearest primary school to PE23 5LQ is Spilsby Primary School which is 381 metres away.
- 381mSpilsby Primary School
- 1.7kmHalton Holegate CofE Primary School
- 2.4kmPartney Church of England Aided Primary School
The nearest secondary school is King Edward VI Academy which is 571 metres away.
- 571mKing Edward VI Academy
- 10.5kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 10.9kmJohn Spendluffe Foundation Technology College
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Public Transport Nearbyto PE23 5LQ
The closest station to PE23 5LQ is Thorpe Culvert station which is 8.7 kilometres away.
- 8.7kmThorpe Culvert
- 11.8kmWainfleet
- 13.3kmHavenhouse
- 16.0kmSkegness
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