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PE23 5TQHouse Prices / East Midlands, East Lindsey, Hanby Lane
Last updated May 2026
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 265th largest and 116th most expensive of the 380 postcodes in the PE23 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
12
Properties
- Houses
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 265th largest and 116th most expensive of the 380 postcodes in the PE23 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 houses.
12
Properties
- Houses
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House Pricesin PE23 5TQ
Sale prices range from £164,809 for 2 bedroom freehold houses with a garden (505 ft2) to £335,882 for 3 bedroom freehold houses with a garden (1,399 ft2) .
Monthly rental prices range from £694 pcm for 2 bed houses to £1,256 pcm for 3 bed houses.
The gross rental yield is between 4.5% and 5.1%.
The average value per square foot is £281.
Average Sale Value
£222,137
Average Rental Value
£911 pcm
Average Rental Yield
4.9% /year
Average Value Per Sqft
£281 /ft2
Sales Market Trendsin PE23 5TQ
The last sale in PE23 5TQ sold for £244,000 on 23rd May 2024. Since then prices are down an average of 4.5%.
The current average value in the postcode is £222,137.
The PE23 5TQ Sales Market has increased by 44.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.1% | £222,137 |
| April 2025 | -0.6% | £229,179 |
| April 2024 | -2.1% | £230,583 |
| April 2023 | 4.2% | £235,587 |
| April 2022 | 15% | £226,144 |
| April 2021 | 9.1% | £196,585 |
| April 2020 | 0.7% | £180,256 |
| April 2019 | 6% | £178,954 |
| April 2018 | 0.6% | £168,804 |
| April 2017 | 8.9% | £167,841 |
| April 2016 | 0.8% | £154,068 |
| April 2015 | 3.1% | £152,835 |
| April 2014 | 7.8% | £148,250 |
| April 2013 | -0.8% | £137,531 |
| April 2012 | -1.3% | £138,662 |
| April 2011 | -4.1% | £140,442 |
| April 2010 | -1% | £146,412 |
| April 2009 | -7.9% | £147,888 |
| April 2008 | -0.1% | £160,560 |
| April 2007 | 0% | £160,726 |
Rental Market Trendsin PE23 5TQ
The current average rental value in the postcode is £911.
The PE23 5TQ Rental Market has increased by 47.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.8% | £911pcm |
| April 2025 | 5.6% | £878pcm |
| April 2024 | 4.6% | £831pcm |
| April 2023 | 8.1% | £794pcm |
| April 2022 | 7.6% | £735pcm |
| April 2021 | 4.5% | £683pcm |
| April 2020 | 1.2% | £654pcm |
| April 2019 | -0.4% | £646pcm |
| April 2018 | 1.6% | £649pcm |
| April 2017 | 3% | £638pcm |
| April 2016 | 4.6% | £620pcm |
| April 2015 | 3.3% | £592pcm |
| April 2014 | 3.8% | £573pcm |
| April 2013 | 2.9% | £553pcm |
| April 2012 | 1.1% | £537pcm |
| April 2011 | 2.1% | £532pcm |
| April 2010 | 1.9% | £521pcm |
| April 2009 | -6.6% | £511pcm |
| April 2008 | 4.4% | £547pcm |
| April 2007 | 0% | £524pcm |
Explore Propertiesin PE23 5TQ, Hanby Lane, Welton-Le-Marsh, Spilsby, PE23
- 1 Council Bungalow, Hanby Lane, Spilsby, PE23 5TQ2 bed mid-century house
- 2 Council Bungalow, Hanby Lane, Spilsby, PE23 5TQ2 bed mid-century house
- 3 Council Bungalow, Hanby Lane, Spilsby, PE23 5TQ2 bed mid-century house
- 4 Council Bungalow, Hanby Lane, Spilsby, PE23 5TQ2 bed mid-century house
- 5 Council House, Hanby Lane, Spilsby, PE23 5TQ3 bed mid-century house
- 6 Council House, Hanby Lane, Spilsby, PE23 5TQ3 bed early-century house
- Fair Acre, Hanby Lane, Spilsby, PE23 5TQ3 bed mid-century house
- Lilac Cottage, Hanby Lane, Spilsby, PE23 5TQ3 bed period house
- Oaklands, Hanby Lane, Spilsby, PE23 5TQ3 bed modern house
- Rose Lea, Hanby Lane, Spilsby, PE23 5TQ3 bed mid-century house
- Tradville, Hanby Lane, Spilsby, PE23 5TQ3 bed mid-century house
- Wolds Edge, Hanby Lane, Spilsby, PE23 5TQ3 bed mid-century house
Sales Historyin PE23 5TQ
The last sale was on 23rd May 2024 for £244,000 and since then the market in the area has decreased by 4.5%. 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 HouseHanby LaneLilac Cottage, Hanby Lane, Spilsby, PE23 5TQ
Sold Oct 2022£220,000 | 3 Bed HouseHanby LaneRose Lea, Hanby Lane, Spilsby, PE23 5TQ
Sold Feb 2022£220,000 | 3 Bed HouseHanby LaneWolds Edge, Hanby Lane, Spilsby, PE23 5TQ
Sold Jan 2019£268,500 | 3 Bed HouseHanby LaneOaklands, Hanby Lane, Spilsby, PE23 5TQ
Sold May 2016£143,000 | 3 Bed HouseHanby LaneRose Lea, Hanby Lane, Spilsby, PE23 5TQ
Sold Nov 2012£128,000 | 3 Bed HouseHanby LaneRose Lea, Hanby Lane, Spilsby, PE23 5TQ
Sold Sep 2012£88,000 | 3 Bed HouseHanby LaneTradville, Hanby Lane, Spilsby, PE23 5TQ
Sold Aug 2010£100,000 | 3 Bed HouseHanby LaneRose Lea, Hanby Lane, Spilsby, PE23 5TQ
Sold Aug 1996£55,000 | 3 Bed HouseHanby LaneOaklands, Hanby Lane, Spilsby, PE23 5TQ
Nearby Postcodesto PE23 5TQ
PE23 5TQ is the 265th largest and the 116th most expensive postcode out of the 380 postcodes in the PE23 area.
- 229 mPE23 5TA, Welton-Le-Marsh, Spilsby, PE23PE23 5TA43 Addresses
- 412 mPE23 5SZ, Beck Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5SZ17 Addresses
- 476 mPE23 5SY, Mill Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5SY11 Addresses
- 531 mPE23 5TH, Hanby Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5TH11 Addresses
- 584 mPE23 5TD, Welton-Le-Marsh, Spilsby, PE23PE23 5TD2 Addresses
- 946 mPE23 5SX, Mill Lane, Welton-Le-Marsh, Spilsby, PE23PE23 5SX4 Addresses
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Property Typesin PE23 5TQ
- 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 Efficiencyof properties in PE23 5TQ
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The dominant rating is D.
- A (0)
- E (5)
- B (0)
- F (0)
- C (0)
- G (0)
- D (7)
- No EPC (0)
Top 3 Most Expensive Saleson Hanby Lane
Schools Nearbyto PE23 5TQ
The nearest primary school to PE23 5TQ is St Helena's Church of England Primary Academy, Willoughby which is 3.1 kilometres away.
- 3.1kmSt Helena's Church of England Primary Academy, Willoughby
- 4.7kmThe St Peter and St Paul C of E Primary School
- 5.7kmGreat Steeping Primary School
The nearest secondary school is John Spendluffe Foundation Technology College which is 7.0 kilometres away.
- 7.0kmJohn Spendluffe Foundation Technology College
- 7.2kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 7.8kmKing Edward VI Academy
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Public Transport Nearbyto PE23 5TQ
The closest station to PE23 5TQ is Thorpe Culvert station which is 8.3 kilometres away.
- 8.3kmThorpe Culvert
- 10.2kmHavenhouse
- 10.4kmWainfleet
- 10.5kmSkegness
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