Church Street - PE23 5RY
Key Postcode Insights
PE23 5RY is a residential postcode situated on Church Street, Candlesby, Spilsby, PE23 with 13 addresses.
It ranks as the 495th largest and 255th 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 13 properties: 13 houses.
- Ave. Sale Price
- £211,569
- 10 Year change
- up 37.7%
- Ave. Rental Price
- £995pcm
- 10 Year change
- up 40.6%
- Ave. £ per ft²
- £210/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
PE23 5RY is a residential postcode situated on Church Street, Candlesby, Spilsby, PE23 with 13 addresses.
It ranks as the 495th largest and 255th 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 13 properties: 13 houses.
- Ave. Sale Price
- £211,569
- 10 Year change
- up 37.7%
- Ave. Rental Price
- £995pcm
- 10 Year change
- up 40.6%
- Ave. £ per ft²
- £210/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin PE23 5RY
- Byways
Unknown
- Church Cottage
4 Bed Period House
- Church View
3 Bed Period House
- Clarence Cottage
2 Bed Period House
- Doggetts
Unknown
Sales Market Trends
The last sale in PE23 5RY sold for £255,000 on 24th October 2025. Since then prices are down an average of 4.2%.
The current average value in the postcode is £211,569.
The PE23 5RY Sales Market has increased by 37.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £211,569 |
| June 2025 | -1.8% | £217,464 |
| June 2024 | -1.6% | £221,386 |
| June 2023 | 1.7% | £225,043 |
| June 2022 | 13.9% | £221,268 |
| June 2021 | 9.2% | £194,209 |
| June 2020 | 1.2% | £177,805 |
| June 2019 | 3.9% | £175,723 |
| June 2018 | 3.6% | £169,203 |
| June 2017 | 6.2% | £163,256 |
| June 2016 | 3.8% | £153,670 |
| June 2015 | 4.6% | £147,987 |
| June 2014 | 4% | £141,441 |
| June 2013 | -0.3% | £136,028 |
| June 2012 | 0.5% | £136,475 |
| June 2011 | -2.3% | £135,752 |
| June 2010 | 1.9% | £138,947 |
| June 2009 | -8% | £136,399 |
| June 2008 | -2.6% | £148,218 |
| June 2007 | 0% | £152,102 |
Rental Market Trends
The current average rental value in the postcode is £995.
The PE23 5RY Rental Market has increased by 40.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £995pcm |
| June 2025 | 5% | £962pcm |
| June 2024 | 3.9% | £917pcm |
| June 2023 | 5.8% | £882pcm |
| June 2022 | 7.9% | £834pcm |
| June 2021 | 4.7% | £773pcm |
| June 2020 | 1.2% | £739pcm |
| June 2019 | 0.1% | £730pcm |
| June 2018 | 1% | £729pcm |
| June 2017 | 2.1% | £722pcm |
| June 2016 | 2.6% | £708pcm |
| June 2015 | 3.1% | £690pcm |
| June 2014 | 1.8% | £669pcm |
| June 2013 | 1.2% | £657pcm |
| June 2012 | 0.5% | £649pcm |
| June 2011 | 1.4% | £646pcm |
| June 2010 | 8.1% | £637pcm |
| June 2009 | -3.9% | £590pcm |
| June 2008 | 0.2% | £614pcm |
| June 2007 | 0% | £613pcm |
Sales History
The last sale was on 24th October 2025 for £255,000 and since then the market in the area has decreased by 4.2%. The postcode has had a total of 11 sales since 1995.
PE23 5RY has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£255,000 | 4 Bed HouseChurch Cottage, Church Street, Spilsby, PE23 5RYChurch Cottage, Church Street, Spilsby, PE23 5RY
- Sold Jul 2024£290,000 | 4 Bed HousePaddle Paws Cottage, Church Street, Spilsby, PE23 5RYPaddle Paws Cottage, Church Street, Spilsby, PE23 5RY
- Sold Mar 2024£190,000 | 3 Bed HouseThe Wheelwrights Cottage, Church Street, Spilsby, PE23 5RYThe Wheelwrights Cottage, Church Street, Spilsby, PE23 5RY
- Sold Feb 2023£180,000 | 2 Bed HouseJaydee, Church Street, Spilsby, PE23 5RYJaydee, Church Street, Spilsby, PE23 5RY
- Sold May 2022£190,000 | 4 Bed HousePaddle Paws Cottage, Church Street, Spilsby, PE23 5RYPaddle Paws Cottage, Church Street, Spilsby, PE23 5RY
Nearby Postcodes
PE23 5RY is the 495th largest and the 255th most expensive postcode out of the 750 postcodes in the PE23 area.
- PE23 5RX, High Street, Candlesby, Spilsby, PE23PE23 5RX12 Addresses|77 m away
- PE23 5RZ, Candlesby, Spilsby, PE23PE23 5RZ1 Addresses|95 m away
- PE23 5SB, Gunby Road, Candlesby, Spilsby, PE23PE23 5SB3 Addresses|135 m away
- PE23 5SE, Chalkpit Lane, Candlesby, Spilsby, PE23PE23 5SE15 Addresses|239 m away
- PE23 5RU, Scremby Road, Candlesby, Spilsby, PE23PE23 5RU9 Addresses|251 m away
Property Types
- 10 period houses built between 1800 and 1911
- 3 other addresses of unknown type
- period house (10)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (0)
- G (0)
- D (6)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Feb 2024£595,000 | 5 Bed House1, Church Street, Spilsby, PE23 5DU1, Church Street, Spilsby, PE23 5DU
- Sold Dec 2020£438,500 | 5 Bed House1, Church Street, Spilsby, PE23 5DU1, Church Street, Spilsby, PE23 5DU
- Sold Jul 2024£290,000 | 4 Bed HousePaddle Paws Cottage, Church Street, Spilsby, PE23 5RYPaddle Paws Cottage, Church Street, Spilsby, PE23 5RY
Schools Nearby
- Great Steeping Primary School3.4 km away
- Partney Church of England Aided Primary School4.4 km away
- Halton Holegate CofE Primary School4.7 km away
- King Edward VI Academy5.6 km away
- John Spendluffe Foundation Technology College8.3 km away
- Queen Elizabeth's Grammar Alford - A Selective Academy8.3 km away
More reading links
Public Transport Nearby
The closest station to PE23 5RY is Thorpe Culvert station, which is 6.9 kilometres away.
- Thorpe Culvert|6.9 km away
- Wainfleet|9.5 km away
- Havenhouse|10.0 km away
- Skegness|11.4 km away