Hanby Lane - PE23 5TH
Key Postcode Insights
PE23 5TH is a residential postcode situated on Hanby Lane, Welton-Le-Marsh, Spilsby, PE23 with 11 addresses.
It ranks as the 451st largest and 460th 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 11 properties: 11 houses.
- Ave. Sale Price
- £311,009
- 10 Year change
- up 37.8%
- Ave. Rental Price
- £1,120pcm
- 10 Year change
- up 40.7%
- Ave. £ per ft²
- £244/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
PE23 5TH is a residential postcode situated on Hanby Lane, Welton-Le-Marsh, Spilsby, PE23 with 11 addresses.
It ranks as the 451st largest and 460th 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 11 properties: 11 houses.
- Ave. Sale Price
- £311,009
- 10 Year change
- up 37.8%
- Ave. Rental Price
- £1,120pcm
- 10 Year change
- up 40.7%
- Ave. £ per ft²
- £244/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertiesin PE23 5TH
- 1 Council Houses Hanby Lane
2 Bed Mid-century House
- 2 Council Houses Hanby Lane
3 Bed Period House
- Ashby Cottage
Unknown
- Beechway
3 Bed House
- East Cottage
4 Bed Period House
Sales Market Trends
The last sale in PE23 5TH sold for £100,000 on 15th August 2016. Since then prices are up an average of 35.9%.
The current average value in the postcode is £311,009.
The PE23 5TH Sales Market has increased by 37.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £311,009 |
| June 2025 | -1.8% | £320,861 |
| June 2024 | -1.6% | £326,761 |
| June 2023 | 1.7% | £332,221 |
| June 2022 | 14% | £326,517 |
| June 2021 | 9.4% | £286,362 |
| June 2020 | 1.1% | £261,868 |
| June 2019 | 4% | £258,930 |
| June 2018 | 3.7% | £248,906 |
| June 2017 | 6.3% | £240,093 |
| June 2016 | 3.9% | £225,763 |
| June 2015 | 4.7% | £217,286 |
| June 2014 | 4% | £207,508 |
| June 2013 | -0.5% | £199,517 |
| June 2012 | 0.8% | £200,601 |
| June 2011 | -2.4% | £199,078 |
| June 2010 | 2.1% | £204,068 |
| June 2009 | -7.7% | £199,900 |
| June 2008 | -2.5% | £216,561 |
| June 2007 | 0% | £222,076 |
Rental Market Trends
The current average rental value in the postcode is £1,120.
The PE23 5TH Rental Market has increased by 40.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,120pcm |
| June 2025 | 5% | £1,087pcm |
| June 2024 | 3.9% | £1,035pcm |
| June 2023 | 5.8% | £997pcm |
| June 2022 | 7.9% | £942pcm |
| June 2021 | 4.8% | £873pcm |
| June 2020 | 1.1% | £832pcm |
| June 2019 | 0.3% | £823pcm |
| June 2018 | 1% | £821pcm |
| June 2017 | 2.2% | £813pcm |
| June 2016 | 2.7% | £796pcm |
| June 2015 | 3.2% | £775pcm |
| June 2014 | 1.8% | £751pcm |
| June 2013 | 1% | £737pcm |
| June 2012 | 0.7% | £730pcm |
| June 2011 | 1.2% | £725pcm |
| June 2010 | 8.3% | £716pcm |
| June 2009 | -3.6% | £661pcm |
| June 2008 | 0.2% | £686pcm |
| June 2007 | 0% | £685pcm |
Sales History
The last sale was on 15th August 2016 for £100,000 and since then the market in the area has increased by 35.9%. The postcode has had a total of 6 sales since 1995.
PE23 5TH has seen no sales in the last three years and no sales in the last twelve months.
- Sold Aug 2016£100,000 | 3 Bed HouseBeechway, Hanby Lane, Spilsby, PE23 5THBeechway, Hanby Lane, Spilsby, PE23 5TH
- Sold Apr 2007£249,000 | 4 Bed HousePear Tree Cottage, Hanby Lane, Spilsby, PE23 5THPear Tree Cottage, Hanby Lane, Spilsby, PE23 5TH
- Sold Sep 2002£227,000 | 5 Bed HouseOakdene, Hanby Lane, Spilsby, PE23 5THOakdene, Hanby Lane, Spilsby, PE23 5TH
- Sold Dec 1998£58,000 | 4 Bed HousePear Tree Cottage, Hanby Lane, Spilsby, PE23 5THPear Tree Cottage, Hanby Lane, Spilsby, PE23 5TH
- Sold Jul 1998£75,000 | 5 Bed HouseOakdene, Hanby Lane, Spilsby, PE23 5THOakdene, Hanby Lane, Spilsby, PE23 5TH
Nearby Postcodes
PE23 5TH is the 451st largest and the 460th most expensive postcode out of the 750 postcodes in the PE23 area.
- PE23 5TQ, Hanby Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5TQ12 Addresses|531 m away
- PE23 5SZ, Beck Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5SZ17 Addresses|584 m away
- PE23 5TA, Welton-Le-Marsh, Spilsby, PE23PE23 5TA43 Addresses|722 m away
- PE23 5SY, Mill Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5SY11 Addresses|763 m away
- PE23 5TD, Welton-Le-Marsh, Spilsby, PE23PE23 5TD2 Addresses|864 m away
Property Types
- 4 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 2 houses of an unknown age
- 4 other addresses of unknown type
- period house (4)
- mid-century house (1)
- house (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (1)
- G (1)
- D (1)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Jan 2019£268,500 | 4 Bed HouseOaklands, Hanby Lane, Spilsby, PE23 5TQOaklands, Hanby Lane, Spilsby, PE23 5TQ
- Sold Apr 2007£249,000 | 4 Bed HousePear Tree Cottage, Hanby Lane, Spilsby, PE23 5THPear Tree Cottage, Hanby Lane, Spilsby, PE23 5TH
- Sold May 2024£244,000 | 3 Bed HouseLilac Cottage, Hanby Lane, Spilsby, PE23 5TQLilac Cottage, Hanby Lane, Spilsby, PE23 5TQ
Schools Nearby
- St Helena's Church of England Primary Academy, Willoughby2.6 km away
- The St Peter and St Paul C of E Primary School5.2 km away
- Great Steeping Primary School6.0 km away
- John Spendluffe Foundation Technology College6.4 km away
- Queen Elizabeth's Grammar Alford - A Selective Academy6.7 km away
- King Edward VI Academy7.9 km away
More reading links
Public Transport Nearby
The closest station to PE23 5TH is Thorpe Culvert station, which is 8.8 kilometres away.
- Thorpe Culvert|8.8 km away
- Havenhouse|10.8 km away
- Skegness|10.9 km away
- Wainfleet|11.0 km away
