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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 5LXHouse Prices / East Midlands, East Lindsey, Milners Lane
Last updated May 2026
Key Postcode Insights
PE23 5LX is a residential postcode situated on Milners Lane, Hundleby, Spilsby, PE23 with 3 addresses.
It ranks as the 100th largest and 339th 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 3 properties: 3 houses.
3
Properties
- Houses
Key Postcode Insights
PE23 5LX is a residential postcode situated on Milners Lane, Hundleby, Spilsby, PE23 with 3 addresses.
It ranks as the 100th largest and 339th 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 3 properties: 3 houses.
3
Properties
- Houses
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House Pricesin PE23 5LX
Sale prices range from £394,682 for 4 bedroom freehold houses with a garden (1,776 ft2) to £454,527 for 5 bedroom freehold houses with a garden (2,432 ft2) .
Monthly rental prices range from £1,502 pcm for 4 bed houses to £1,885 pcm for 5 bed houses.
The gross rental yield is between 4.6% and 5.0%.
The average value per square foot is £208.
Average Sale Value
£424,583
Average Rental Value
£1,668 pcm
Average Rental Yield
4.7% /year
Average Value Per Sqft
£208 /ft2
Sales Market Trendsin PE23 5LX
The last sale in PE23 5LX sold for £435,000 on 8th October 2025. Since then prices are down an average of 2.6%.
The current average value in the postcode is £424,583.
The PE23 5LX Sales Market has increased by 47.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.6% | £424,583 |
| April 2025 | -1.6% | £449,537 |
| April 2024 | -1.8% | £456,662 |
| April 2023 | 4.7% | £464,823 |
| April 2022 | 13.6% | £443,827 |
| April 2021 | 10.4% | £390,580 |
| April 2020 | -2.5% | £353,730 |
| April 2019 | 10.1% | £362,683 |
| April 2018 | 0.3% | £329,358 |
| April 2017 | 14% | £328,209 |
| April 2016 | -0.8% | £287,800 |
| April 2015 | 2.6% | £290,065 |
| April 2014 | 7.6% | £282,737 |
| April 2013 | -0.8% | £262,682 |
| April 2012 | -2.1% | £264,799 |
| April 2011 | -1.5% | £270,422 |
| April 2010 | 2% | £274,634 |
| April 2009 | -8.7% | £269,209 |
| April 2008 | 3.6% | £294,928 |
| April 2007 | 0% | £284,665 |
Rental Market Trendsin PE23 5LX
The current average rental value in the postcode is £1,668.
The PE23 5LX Rental Market has increased by 40.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.3% | £1,668pcm |
| April 2025 | 5.4% | £1,646pcm |
| April 2024 | 3.3% | £1,561pcm |
| April 2023 | 6.9% | £1,512pcm |
| April 2022 | 8.8% | £1,414pcm |
| April 2021 | 3.6% | £1,300pcm |
| April 2020 | 0.8% | £1,254pcm |
| April 2019 | 0.1% | £1,244pcm |
| April 2018 | 1.3% | £1,242pcm |
| April 2017 | 3.5% | £1,227pcm |
| April 2016 | 3.6% | £1,186pcm |
| April 2015 | 3.3% | £1,145pcm |
| April 2014 | 1.3% | £1,108pcm |
| April 2013 | 4.2% | £1,093pcm |
| April 2012 | 0.4% | £1,049pcm |
| April 2011 | 3.8% | £1,045pcm |
| April 2010 | 8.3% | £1,007pcm |
| April 2009 | -5.2% | £930pcm |
| April 2008 | 7.1% | £982pcm |
| April 2007 | 0% | £916pcm |
Explore Propertiesin PE23 5LX, Milners Lane, Hundleby, Spilsby, PE23
Sales Historyin PE23 5LX
The last sale was on 8th October 2025 for £435,000 and since then the market in the area has decreased by 2.6%. The postcode has had a total of 3 sales since 1995.
PE23 5LX has seen 1 sale in the last three years and 1 sale in the last twelve months.
Nearby Postcodesto PE23 5LX
PE23 5LX is the 100th largest and the 339th most expensive postcode out of the 380 postcodes in the PE23 area.
- 69 mPE23 5NR, Bowmans Ridge, Hundleby, Spilsby, PE23PE23 5NR11 Addresses
- 194 mPE23 5LY, Park Avenue, Hundleby, Spilsby, PE23PE23 5LY13 Addresses
- 208 mPE23 5LS, Main Road, Hundleby, Spilsby, PE23PE23 5LS50 Addresses
- 232 mPE23 5RD, The Gables, Hundleby, Spilsby, PE23PE23 5RD16 Addresses
- 235 mPE23 5LU, Brewery Yard, Hundleby, Spilsby, PE23PE23 5LU6 Addresses
- 312 mPE23 5LT, Grace Swan Close, Spilsby, PE23PE23 5LT7 Addresses
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Property Typesin PE23 5LX
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 other address of unknown type
- modern house (1)
- mid-century house (1)
- Unknown (1)
Energy Efficiencyof properties in PE23 5LX
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Saleson Milners Lane
Schools Nearbyto PE23 5LX
The nearest primary school to PE23 5LX is Spilsby Primary School which is 887 metres away.
- 887mSpilsby Primary School
- 2.7kmPartney Church of England Aided Primary School
- 2.8kmHalton Holegate CofE Primary School
The nearest secondary school is King Edward VI Academy which is 704 metres away.
- 704mKing Edward VI Academy
- 10.8kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 10.9kmWilliam Lovell Church of England Academy
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Public Transport Nearbyto PE23 5LX
The closest station to PE23 5LX is Thorpe Culvert station which is 9.9 kilometres away.
- 9.9kmThorpe Culvert
- 13.0kmWainfleet
- 14.5kmHavenhouse
- 17.2kmSkegness
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