Mill Lane - PE23 5SX
Key Postcode Insights
PE23 5SX is a residential postcode situated on Mill Lane, Welton-Le-Marsh, Spilsby, PE23 with 4 addresses.
It ranks as the 232nd largest and 119th 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 4 properties: 2 houses and 2 flats.
- Ave. Sale Price
- £213,156
- 10 Year change
- up 37.8%
- Ave. Rental Price
- £846pcm
- 10 Year change
- up 40.7%
- Ave. £ per ft²
- £91/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
PE23 5SX is a residential postcode situated on Mill Lane, Welton-Le-Marsh, Spilsby, PE23 with 4 addresses.
It ranks as the 232nd largest and 119th 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 4 properties: 2 houses and 2 flats.
- Ave. Sale Price
- £213,156
- 10 Year change
- up 37.8%
- Ave. Rental Price
- £846pcm
- 10 Year change
- up 40.7%
- Ave. £ per ft²
- £91/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin PE23 5SX
- Mill Farm
Flat
- Rookery Farm
5 Bed Period House
- Rookery Farm Cottage
3 Bed Period House
- The Granary
2 Bed Period Flat
Sales Market Trends
The last sale in PE23 5SX sold for £3,100,000 on 5th April 2022. Since then prices are down an average of 0.0%.
The current average value in the postcode is £213,156.
The PE23 5SX Sales Market has increased by 37.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.6% | £213,156 |
| June 2025 | -1.9% | £221,083 |
| June 2024 | -1.7% | £225,390 |
| June 2023 | 1.8% | £229,204 |
| June 2022 | 14.1% | £225,141 |
| June 2021 | 9.6% | £197,384 |
| June 2020 | 1% | £180,172 |
| June 2019 | 4.2% | £178,308 |
| June 2018 | 3.8% | £171,095 |
| June 2017 | 6.6% | £164,882 |
| June 2016 | 4% | £154,707 |
| June 2015 | 4.8% | £148,771 |
| June 2014 | 4% | £142,009 |
| June 2013 | -0.8% | £136,575 |
| June 2012 | 0.9% | £137,622 |
| June 2011 | -2.6% | £136,328 |
| June 2010 | 2.5% | £139,922 |
| June 2009 | -7.3% | £136,531 |
| June 2008 | -2.4% | £147,332 |
| June 2007 | 0% | £150,899 |
Rental Market Trends
The current average rental value in the postcode is £846.
The PE23 5SX Rental Market has increased by 40.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £846pcm |
| June 2025 | 4.9% | £826pcm |
| June 2024 | 3.8% | £787pcm |
| June 2023 | 5.9% | £758pcm |
| June 2022 | 8% | £716pcm |
| June 2021 | 5% | £663pcm |
| June 2020 | 1% | £632pcm |
| June 2019 | 0.5% | £625pcm |
| June 2018 | 1.1% | £622pcm |
| June 2017 | 2.4% | £616pcm |
| June 2016 | 2.8% | £601pcm |
| June 2015 | 3.3% | £585pcm |
| June 2014 | 1.8% | £566pcm |
| June 2013 | 0.7% | £556pcm |
| June 2012 | 0.9% | £552pcm |
| June 2011 | 1.1% | £548pcm |
| June 2010 | 8.7% | £542pcm |
| June 2009 | -3.3% | £498pcm |
| June 2008 | 0.4% | £515pcm |
| June 2007 | 0% | £513pcm |
Sales History
The last sale was on 5th April 2022 for £3,100,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
PE23 5SX has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
PE23 5SX is the 232nd largest and the 119th most expensive postcode out of the 750 postcodes in the PE23 area.
- PE23 5SY, Mill Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5SY11 Addresses|476 m away
- PE23 5SZ, Beck Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5SZ17 Addresses|565 m away
- PE23 5SJ, Welton-Le-Marsh, Spilsby, PE23PE23 5SJ1 Addresses|680 m away
- PE23 5TJ, Welton-Le-Marsh, Spilsby, PE23PE23 5TJ2 Addresses|745 m away
- PE23 5TA, Welton-Le-Marsh, Spilsby, PE23PE23 5TA43 Addresses|812 m away
Property Types
- 2 period houses built between 1800 and 1911
- 1 period flat built between 1800 and 1911
- 1 other address of unknown type
- period house (2)
- period flat (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (1)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Apr 2022£3,100,000 | 3 Bed HouseRookery Farm Cottage, Mill Lane, Spilsby, PE23 5SXRookery Farm Cottage, Mill Lane, Spilsby, PE23 5SX
- Sold May 2022£795,000 | 5 Bed HouseGraves Farm, Mill Lane, Spilsby, PE23 5SYGraves Farm, Mill Lane, Spilsby, PE23 5SY
- Sold Jan 2025£350,000 | 4 Bed HouseChurch Gate, Mill Lane, Spilsby, PE23 5SYChurch Gate, Mill Lane, Spilsby, PE23 5SY
Schools Nearby
- St Helena's Church of England Primary Academy, Willoughby3.3 km away
- Great Steeping Primary School5.1 km away
- The St Peter and St Paul C of E Primary School5.2 km away
- King Edward VI Academy6.9 km away
- John Spendluffe Foundation Technology College6.9 km away
- Queen Elizabeth's Grammar Alford - A Selective Academy7.0 km away
More reading links
Public Transport Nearby
The closest station to PE23 5SX is Thorpe Culvert station, which is 8.2 kilometres away.
- Thorpe Culvert|8.2 km away
- Wainfleet|10.6 km away
- Havenhouse|10.6 km away
- Skegness|11.2 km away
