Mill Lane - PE24 5NL
Key Postcode Insights
PE24 5NL is a residential postcode situated on Mill Lane, Hogsthorpe, Skegness, PE24 with 8 addresses.
It ranks as the 486th largest and 537th most expensive of the 1,182 postcodes in the PE24 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £177,494
- 10 Year change
- up 39.3%
- Ave. Rental Price
- £927pcm
- 10 Year change
- up 35.6%
- Ave. £ per ft²
- £204/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
PE24 5NL is a residential postcode situated on Mill Lane, Hogsthorpe, Skegness, PE24 with 8 addresses.
It ranks as the 486th largest and 537th most expensive of the 1,182 postcodes in the PE24 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £177,494
- 10 Year change
- up 39.3%
- Ave. Rental Price
- £927pcm
- 10 Year change
- up 35.6%
- Ave. £ per ft²
- £204/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin PE24 5NL
- 31 Mill Lane
3 Bed Mid-century House
- 33 Mill Lane
3 Bed Mid-century House
- 35 Mill Lane
3 Bed Mid-century House
- 37A Mill Lane
3 Bed Modern House
- 37B Mill Lane
3 Bed Modern House
Sales Market Trends
The last sale in PE24 5NL sold for £185,000 on 21st October 2025. Since then prices are down an average of 1.6%.
The current average value in the postcode is £177,494.
The PE24 5NL Sales Market has increased by 39.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.7% | £177,494 |
| June 2025 | -0.5% | £182,385 |
| June 2024 | -3% | £183,362 |
| June 2023 | 2.8% | £188,950 |
| June 2022 | 13.8% | £183,829 |
| June 2021 | 9.2% | £161,480 |
| June 2020 | 1% | £147,846 |
| June 2019 | 4.3% | £146,340 |
| June 2018 | 3.9% | £140,338 |
| June 2017 | 6% | £135,066 |
| June 2016 | 3.4% | £127,377 |
| June 2015 | 5.2% | £123,136 |
| June 2014 | 4.3% | £117,063 |
| June 2013 | -1.9% | £112,224 |
| June 2012 | 0.7% | £114,432 |
| June 2011 | -2.4% | £113,625 |
| June 2010 | 3% | £116,441 |
| June 2009 | -8.8% | £113,041 |
| June 2008 | -2.1% | £123,905 |
| June 2007 | 0% | £126,540 |
Rental Market Trends
The current average rental value in the postcode is £927.
The PE24 5NL Rental Market has increased by 35.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £927pcm |
| June 2025 | 5.2% | £896pcm |
| June 2024 | 2.5% | £851pcm |
| June 2023 | 5.1% | £830pcm |
| June 2022 | 8.7% | £790pcm |
| June 2021 | 3.7% | £726pcm |
| June 2020 | 0.2% | £701pcm |
| June 2019 | -0.3% | £700pcm |
| June 2018 | 0.6% | £701pcm |
| June 2017 | 1.9% | £697pcm |
| June 2016 | 2.7% | £684pcm |
| June 2015 | 3.2% | £666pcm |
| June 2014 | 1.2% | £646pcm |
| June 2013 | 0.8% | £638pcm |
| June 2012 | 0.4% | £633pcm |
| June 2011 | 1.9% | £631pcm |
| June 2010 | 10.1% | £619pcm |
| June 2009 | -4.9% | £562pcm |
| June 2008 | 0.6% | £591pcm |
| June 2007 | 0% | £587pcm |
Sales History
The last sale was on 21st October 2025 for £185,000 and since then the market in the area has decreased by 1.6%. The postcode has had a total of 5 sales since 1995.
PE24 5NL has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£185,000 | 3 Bed House31, Mill Lane, Skegness, PE24 5NL31, Mill Lane, Skegness, PE24 5NL
- Sold Oct 2011£115,000 | 3 Bed House39, Mill Lane, Skegness, PE24 5NL39, Mill Lane, Skegness, PE24 5NL
- Sold Apr 2008£140,000 | 3 Bed House31, Mill Lane, Skegness, PE24 5NL31, Mill Lane, Skegness, PE24 5NL
- Sold Jan 2005£110,000 | 3 Bed House39, Mill Lane, Skegness, PE24 5NL39, Mill Lane, Skegness, PE24 5NL
- Sold Jan 1997£36,000 | 3 Bed House33, Mill Lane, Skegness, PE24 5NL33, Mill Lane, Skegness, PE24 5NL
Nearby Postcodes
PE24 5NL is the 486th largest and the 537th most expensive postcode out of the 1,182 postcodes in the PE24 area.
- PE24 5NJ, Mill Lane Close, Hogsthorpe, Skegness, PE24PE24 5NJ12 Addresses|107 m away
- PE24 5NY, Goodwin Drive, Hogsthorpe, Skegness, PE24PE24 5NY25 Addresses|195 m away
- PE24 5NN, Mill Lane, Hogsthorpe, Skegness, PE24PE24 5NN12 Addresses|200 m away
- PE24 5NU, Meadowview, Hogsthorpe, Skegness, PE24PE24 5NU7 Addresses|206 m away
- PE24 5NF, Mill Lane, Hogsthorpe, Skegness, PE24PE24 5NF24 Addresses|213 m away
Property Types
- 2 modern houses built after 1980
- 4 mid-century houses built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- modern house (2)
- mid-century house (4)
- early-century house (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is B.
- A (0)
- E (2)
- B (2)
- F (1)
- C (1)
- G (0)
- D (2)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jun 2021£387,500 | 4 Bed House9, Mill Lane, Skegness, PE24 5NF9, Mill Lane, Skegness, PE24 5NF
- Sold Oct 2020£305,000 | 4 Bed HouseSandy Lodge, Mill Lane, Skegness, PE24 5NNSandy Lodge, Mill Lane, Skegness, PE24 5NN
- Sold Apr 2023£290,000 | 4 Bed HouseSandygate, Mill Lane, Skegness, PE24 5NPSandygate, Mill Lane, Skegness, PE24 5NP
Schools Nearby
- Hogsthorpe Primary Academy500 m away
- Chapel St Leonards Primary School1.7 km away
- Ingoldmells Academy3.6 km away
- Skegness Academy8.3 km away
- Skegness Grammar School8.6 km away
- John Spendluffe Foundation Technology College8.9 km away
More reading links
Public Transport Nearby
The closest station to PE24 5NL is Skegness station, which is 9.2 kilometres away.
- Skegness|9.2 km away
- Havenhouse|12.4 km away
- Thorpe Culvert|13.2 km away
- Wainfleet|14.0 km away
