Hanby Lane - PE23 5TQ
Key Postcode Insights
PE23 5TQ is a residential postcode situated on Hanby Lane, Welton-Le-Marsh, Spilsby, PE23 with 12 addresses.
It ranks as the 477th largest and 292nd most expensive of the 750 postcodes in the PE23 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £221,704
- 10 Year change
- up 37.7%
- Ave. Rental Price
- £897pcm
- 10 Year change
- up 40.6%
- Ave. £ per ft²
- £278/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
PE23 5TQ is a residential postcode situated on Hanby Lane, Welton-Le-Marsh, Spilsby, PE23 with 12 addresses.
It ranks as the 477th largest and 292nd most expensive of the 750 postcodes in the PE23 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
- Ave. Sale Price
- £221,704
- 10 Year change
- up 37.7%
- Ave. Rental Price
- £897pcm
- 10 Year change
- up 40.6%
- Ave. £ per ft²
- £278/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin PE23 5TQ
- 1 Council Bungalow Hanby Lane
2 Bed Mid-century House
- 2 Council Bungalow Hanby Lane
2 Bed Mid-century House
- 3 Council Bungalow Hanby Lane
2 Bed Mid-century House
- 4 Council Bungalow Hanby Lane
2 Bed Mid-century House
- 5 Council House Hanby Lane
3 Bed Mid-century House
Sales Market Trends
The last sale in PE23 5TQ sold for £244,000 on 23rd May 2024. Since then prices are down an average of 5.7%.
The current average value in the postcode is £221,704.
The PE23 5TQ Sales Market has increased by 37.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £221,704 |
| June 2025 | -1.8% | £227,881 |
| June 2024 | -1.6% | £231,991 |
| June 2023 | 1.7% | £235,823 |
| June 2022 | 13.9% | £231,867 |
| June 2021 | 9.2% | £203,512 |
| June 2020 | 1.2% | £186,322 |
| June 2019 | 3.9% | £184,140 |
| June 2018 | 3.6% | £177,308 |
| June 2017 | 6.2% | £171,076 |
| June 2016 | 3.8% | £161,031 |
| June 2015 | 4.6% | £155,076 |
| June 2014 | 4% | £148,216 |
| June 2013 | -0.3% | £142,545 |
| June 2012 | 0.5% | £143,013 |
| June 2011 | -2.3% | £142,255 |
| June 2010 | 1.9% | £145,602 |
| June 2009 | -8% | £142,933 |
| June 2008 | -2.6% | £155,319 |
| June 2007 | 0% | £159,388 |
Rental Market Trends
The current average rental value in the postcode is £897.
The PE23 5TQ Rental Market has increased by 40.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £897pcm |
| June 2025 | 5% | £867pcm |
| June 2024 | 3.9% | £826pcm |
| June 2023 | 5.8% | £795pcm |
| June 2022 | 7.9% | £751pcm |
| June 2021 | 4.7% | £697pcm |
| June 2020 | 1.2% | £665pcm |
| June 2019 | 0.1% | £658pcm |
| June 2018 | 1% | £657pcm |
| June 2017 | 2.1% | £651pcm |
| June 2016 | 2.6% | £638pcm |
| June 2015 | 3.1% | £621pcm |
| June 2014 | 1.8% | £602pcm |
| June 2013 | 1.2% | £592pcm |
| June 2012 | 0.5% | £585pcm |
| June 2011 | 1.4% | £582pcm |
| June 2010 | 8.1% | £574pcm |
| June 2009 | -3.9% | £531pcm |
| June 2008 | 0.2% | £553pcm |
| June 2007 | 0% | £552pcm |
Sales History
The last sale was on 23rd May 2024 for £244,000 and since then the market in the area has decreased by 5.7%. The postcode has had a total of 9 sales since 1995.
PE23 5TQ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2024£244,000 | 3 Bed HouseLilac Cottage, Hanby Lane, Spilsby, PE23 5TQLilac Cottage, Hanby Lane, Spilsby, PE23 5TQ
- Sold Oct 2022£220,000 | 2 Bed HouseRose Lea, Hanby Lane, Spilsby, PE23 5TQRose Lea, Hanby Lane, Spilsby, PE23 5TQ
- Sold Feb 2022£220,000 | 2 Bed HouseWolds Edge, Hanby Lane, Spilsby, PE23 5TQWolds Edge, Hanby Lane, Spilsby, PE23 5TQ
- Sold Jan 2019£268,500 | 4 Bed HouseOaklands, Hanby Lane, Spilsby, PE23 5TQOaklands, Hanby Lane, Spilsby, PE23 5TQ
- Sold May 2016£143,000 | 2 Bed HouseRose Lea, Hanby Lane, Spilsby, PE23 5TQRose Lea, Hanby Lane, Spilsby, PE23 5TQ
Nearby Postcodes
PE23 5TQ is the 477th largest and the 292nd most expensive postcode out of the 750 postcodes in the PE23 area.
- PE23 5TA, Welton-Le-Marsh, Spilsby, PE23PE23 5TA43 Addresses|229 m away
- PE23 5SZ, Beck Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5SZ17 Addresses|412 m away
- PE23 5SY, Mill Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5SY11 Addresses|476 m away
- PE23 5TH, Hanby Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5TH11 Addresses|531 m away
- PE23 5TD, Welton-Le-Marsh, Spilsby, PE23PE23 5TD2 Addresses|584 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 modern house built after 1980
- 9 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- period house (1)
- modern house (1)
- mid-century house (9)
- early-century house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (0)
- C (0)
- G (0)
- D (7)
- No EPC (0)
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, Willoughby3.1 km away
- The St Peter and St Paul C of E Primary School4.7 km away
- Great Steeping Primary School5.7 km away
- John Spendluffe Foundation Technology College7.0 km away
- Queen Elizabeth's Grammar Alford - A Selective Academy7.2 km away
- King Edward VI Academy7.8 km away
More reading links
Public Transport Nearby
The closest station to PE23 5TQ is Thorpe Culvert station, which is 8.3 kilometres away.
- Thorpe Culvert|8.3 km away
- Havenhouse|10.2 km away
- Wainfleet|10.4 km away
- Skegness|10.5 km away
