Main Road - PE23 5LZ
Key Postcode Insights
PE23 5LZ is a residential postcode situated on Main Road, Hundleby, Spilsby, PE23 with 44 addresses.
It ranks as the 720th largest and 241st most expensive of the 750 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 44 properties: 44 houses.
- Ave. Sale Price
- £236,137
- 10 Year change
- up 33.6%
- Ave. Rental Price
- £1,051pcm
- 10 Year change
- up 52.7%
- Ave. £ per ft²
- £190/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
PE23 5LZ is a residential postcode situated on Main Road, Hundleby, Spilsby, PE23 with 44 addresses.
It ranks as the 720th largest and 241st most expensive of the 750 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 44 properties: 44 houses.
- Ave. Sale Price
- £236,137
- 10 Year change
- up 33.6%
- Ave. Rental Price
- £1,051pcm
- 10 Year change
- up 52.7%
- Ave. £ per ft²
- £190/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin PE23 5LZ
- Beechwood 35A Main Road
4 Bed Modern House
- 35 Main Road
5 Bed Period House
- 37 Main Road
5 Bed Modern House
- 39 Main Road
4 Bed Mid-century House
- 41 Main Road
2 Bed Period House
Sales Market Trends
The last sale in PE23 5LZ sold for £200,000 on 12th September 2025. Since then prices are down an average of 1.1%.
The current average value in the postcode is £236,137.
The PE23 5LZ Sales Market has increased by 33.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.9% | £236,137 |
| June 2025 | -3.2% | £243,194 |
| June 2024 | -0.8% | £251,303 |
| June 2023 | 0.6% | £253,409 |
| June 2022 | 14.8% | £252,000 |
| June 2021 | 9.2% | £219,520 |
| June 2020 | 0.1% | £200,972 |
| June 2019 | 3.2% | £200,768 |
| June 2018 | 3% | £194,554 |
| June 2017 | 6.8% | £188,800 |
| June 2016 | 6.4% | £176,793 |
| June 2015 | 2.7% | £166,174 |
| June 2014 | 2.9% | £161,833 |
| June 2013 | 2.2% | £157,332 |
| June 2012 | 0.3% | £153,997 |
| June 2011 | -0.5% | £153,473 |
| June 2010 | 1.3% | £154,259 |
| June 2009 | -8.2% | £152,330 |
| June 2008 | -1.6% | £165,953 |
| June 2007 | 0% | £168,710 |
Rental Market Trends
The current average rental value in the postcode is £1,051.
The PE23 5LZ Rental Market has increased by 52.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,051pcm |
| June 2025 | 5.3% | £1,021pcm |
| June 2024 | 5.1% | £969pcm |
| June 2023 | 7.7% | £922pcm |
| June 2022 | 7.2% | £856pcm |
| June 2021 | 7.3% | £798pcm |
| June 2020 | 2.8% | £744pcm |
| June 2019 | 1% | £724pcm |
| June 2018 | 1.7% | £717pcm |
| June 2017 | 2.4% | £705pcm |
| June 2016 | 3.5% | £689pcm |
| June 2015 | 3.2% | £665pcm |
| June 2014 | 2.8% | £645pcm |
| June 2013 | 1.7% | £627pcm |
| June 2012 | 0.7% | £617pcm |
| June 2011 | 1% | £612pcm |
| June 2010 | 5.7% | £606pcm |
| June 2009 | -4% | £574pcm |
| June 2008 | 1.9% | £597pcm |
| June 2007 | 0% | £586pcm |
Sales History
The last sale was on 12th September 2025 for £200,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 63 sales since 1995.
PE23 5LZ has seen 7 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£200,000 | 2 Bed House116, Main Road, Spilsby, PE23 5LZ116, Main Road, Spilsby, PE23 5LZ
- Sold Jun 2025£495,000 | 4 Bed House110, Main Road, Spilsby, PE23 5LZ110, Main Road, Spilsby, PE23 5LZ
- Sold Jun 2025£168,000 | 2 Bed House47, Main Road, Spilsby, PE23 5LZ47, Main Road, Spilsby, PE23 5LZ
- Sold May 2025£430,000 | 4 Bed House126, Main Road, Spilsby, PE23 5LZ126, Main Road, Spilsby, PE23 5LZ
- Sold Dec 2024£115,000 | 2 Bed House67, Main Road, Spilsby, PE23 5LZ67, Main Road, Spilsby, PE23 5LZ
Nearby Postcodes
PE23 5LZ is the 720th largest and the 241st most expensive postcode out of the 750 postcodes in the PE23 area.
- PE23 5NA, Church Lane, Hundleby, Spilsby, PE23PE23 5NA7 Addresses|66 m away
- PE23 5NB, North Beck Lane, Hundleby, Spilsby, PE23PE23 5NB15 Addresses|247 m away
- PE23 5NR, Bowmans Ridge, Hundleby, Spilsby, PE23PE23 5NR11 Addresses|253 m away
- PE23 5ND, Main Road, Hundleby, Spilsby, PE23PE23 5ND11 Addresses|261 m away
- PE23 5LY, Park Avenue, Hundleby, Spilsby, PE23PE23 5LY13 Addresses|292 m away
Property Types
- 23 period houses built between 1800 and 1911
- 4 modern houses built after 1980
- 6 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 9 other addresses of unknown type
- period house (23)
- modern house (4)
- mid-century house (6)
- house (2)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 33 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (1)
- F (2)
- C (5)
- G (0)
- D (21)
- No EPC (11)
Top 3 Most Expensive Sales
- Sold Sep 2025£949,000 | 5 Bed HouseKingswood, Main Road, Spilsby, PE23 5NQKingswood, Main Road, Spilsby, PE23 5NQ
- Sold Apr 2023£830,000 | 5 Bed House127, Main Road, Spilsby, PE23 5NQ127, Main Road, Spilsby, PE23 5NQ
- Sold Aug 2022£794,500 | 5 Bed House35, Main Road, Spilsby, PE23 5LZ35, Main Road, Spilsby, PE23 5LZ
Schools Nearby
- Spilsby Primary School1.2 km away
- Toynton All Saints Primary School3.0 km away
- Partney Church of England Aided Primary School3.0 km away
- King Edward VI Academy1.0 km away
- William Lovell Church of England Academy10.8 km away
- Queen Elizabeth's Grammar Alford - A Selective Academy11.0 km away
More reading links
Public Transport Nearby
The closest station to PE23 5LZ is Thorpe Culvert station, which is 10.1 kilometres away.
- Thorpe Culvert|10.1 km away
- Wainfleet|13.2 km away
- Havenhouse|14.8 km away
- Skegness|17.5 km away
