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Franklin WayHouse Prices / East Midlands, East Lindsey
Last updated Jun 2026
Key Street Insights
Franklin Way is a residential street with 9 addresses.
It ranks as the 94th largest and 48th most expensive of the 227 streets in the PE23 area. The dominant property type is a modern house built after 1980.
The street contains a total of 9 properties: 9 houses.
9
Properties
- Houses
Key Street Insights
Franklin Way is a residential street with 9 addresses.
It ranks as the 94th largest and 48th most expensive of the 227 streets in the PE23 area. The dominant property type is a modern house built after 1980.
The street contains a total of 9 properties: 9 houses.
9
Properties
- Houses
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House Priceson Franklin Way
Sale prices range from £156,607 for 3 bedroom freehold houses with a garden (710 ft2) to £196,451 for 3 bedroom freehold houses with a garden (1,011 ft2) .
Monthly rental prices range from £805 pcm for 3 bed houses to £959 pcm for 3 bed houses.
The gross rental yield is between 5.9% and 6.2%.
The average value per square foot is £205.
Average Sale Value
£174,012
Average Rental Value
£874 pcm
Average Rental Yield
6.0% /year
Average Value Per Sqft
£205 /ft2
Sales Market Trendson Franklin Way
The last sale on Franklin Way sold for £180,000 on 17th July 2025. Since then prices are down an average of 1.4%.
The current average value in the street is £174,012.
The Franklin Way Sales Market has increased by 44.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.5% | £174,012 |
| May 2025 | -2% | £176,739 |
| May 2024 | -2.3% | £180,416 |
| May 2023 | 3.9% | £184,636 |
| May 2022 | 13.4% | £177,790 |
| May 2021 | 10.5% | £156,760 |
| May 2020 | -1.5% | £141,884 |
| May 2019 | 7.3% | £144,014 |
| May 2018 | -0.2% | £134,253 |
| May 2017 | 11.5% | £134,460 |
| May 2016 | -2.4% | £120,592 |
| May 2015 | 2.7% | £123,526 |
| May 2014 | 8.8% | £120,326 |
| May 2013 | 0.7% | £110,644 |
| May 2012 | -2.5% | £109,920 |
| May 2011 | -3.1% | £112,759 |
| May 2010 | -1.5% | £116,424 |
| May 2009 | -9.6% | £118,220 |
| May 2008 | 1.5% | £130,767 |
| May 2007 | 0% | £128,885 |
Rental Market Trendson Franklin Way
The current average rental value in the street is £874.
The Franklin Way Rental Market has increased by 54.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.9% | £874pcm |
| May 2025 | 5.4% | £834pcm |
| May 2024 | 6% | £791pcm |
| May 2023 | 8.6% | £746pcm |
| May 2022 | 7% | £687pcm |
| May 2021 | 6% | £642pcm |
| May 2020 | 2.4% | £606pcm |
| May 2019 | 1.1% | £591pcm |
| May 2018 | 1.2% | £585pcm |
| May 2017 | 2% | £578pcm |
| May 2016 | 2.6% | £567pcm |
| May 2015 | 4% | £553pcm |
| May 2014 | 4.6% | £531pcm |
| May 2013 | 1.4% | £508pcm |
| May 2012 | 2% | £501pcm |
| May 2011 | 1.8% | £491pcm |
| May 2010 | -1.3% | £483pcm |
| May 2009 | -4.6% | £489pcm |
| May 2008 | 3.2% | £512pcm |
| May 2007 | 0% | £496pcm |
Explore Propertieson Franklin Way, Spilsby, PE23
- 1, Franklin Way, Spilsby, PE23 5GG3 bed house
- 2, Franklin Way, Spilsby, PE23 5GG3 bed modern house
- 3, Franklin Way, Spilsby, PE23 5GG
- 4, Franklin Way, Spilsby, PE23 5GG3 bed modern house
- 5, Franklin Way, Spilsby, PE23 5GG3 bed modern house
- 6, Franklin Way, Spilsby, PE23 5GG3 bed modern house
- 7, Franklin Way, Spilsby, PE23 5GG3 bed modern house
- 8, Franklin Way, Spilsby, PE23 5GG3 bed modern house
- 9, Franklin Way, Spilsby, PE23 5GG3 bed modern house
Sales Historyon Franklin Way, Spilsby, PE23
The last sale was on 17th July 2025 for £180,000 and since then the market in the area has decreased by 1.4%. The street has had a total of 21 sales since 1995.
Franklin Way, Spilsby, PE23 has seen 1 sale in the last three years and 1 sale in the last twelve months.
Sold Jul 2025£180,000 | 3 Bed HouseFranklin Way7, Franklin Way, Spilsby, PE23 5GG
Sold Sep 2019£142,500 | 3 Bed HouseFranklin Way6, Franklin Way, Spilsby, PE23 5GG
Sold Jan 2019£138,000 | 3 Bed HouseFranklin Way4, Franklin Way, Spilsby, PE23 5GG
Sold Nov 2018£137,500 | 3 Bed HouseFranklin Way7, Franklin Way, Spilsby, PE23 5GG
Sold May 2018£125,000 | 3 Bed HouseFranklin Way4, Franklin Way, Spilsby, PE23 5GG
Sold Nov 2014£114,950 | 3 Bed HouseFranklin Way8, Franklin Way, Spilsby, PE23 5GG
Sold Feb 2012£120,500 | 3 Bed HouseFranklin Way2, Franklin Way, Spilsby, PE23 5GG
Sold Nov 2011£125,000 | 3 Bed HouseFranklin Way5, Franklin Way, Spilsby, PE23 5GG
Sold Jun 2009£108,000 | 3 Bed HouseFranklin Way1, Franklin Way, Spilsby, PE23 5GG
Sold Nov 2007£125,000 | 3 Bed HouseFranklin Way7, Franklin Way, Spilsby, PE23 5GG
Sold Mar 2007£131,000 | 3 Bed HouseFranklin Way5, Franklin Way, Spilsby, PE23 5GG
Sold Mar 2006£125,500 | 3 Bed HouseFranklin Way5, Franklin Way, Spilsby, PE23 5GG
Sold Nov 2004£116,950 | 3 Bed HouseFranklin Way4, Franklin Way, Spilsby, PE23 5GG
Sold Oct 2004£112,950 | 3 Bed HouseFranklin Way1, Franklin Way, Spilsby, PE23 5GG
Sold Oct 2004£116,950 | 3 Bed HouseFranklin Way3, Franklin Way, Spilsby, PE23 5GG
Sold Oct 2004£103,500 | 3 Bed HouseFranklin Way6, Franklin Way, Spilsby, PE23 5GG
Sold Oct 2004£111,950 | 3 Bed HouseFranklin Way7, Franklin Way, Spilsby, PE23 5GG
Sold Oct 2004£113,950 | 3 Bed HouseFranklin Way5, Franklin Way, Spilsby, PE23 5GG
Sold Oct 2004£106,950 | 3 Bed HouseFranklin Way2, Franklin Way, Spilsby, PE23 5GG
Sold Oct 2004£117,500 | 3 Bed HouseFranklin Way8, Franklin Way, Spilsby, PE23 5GG
Sold Oct 2004£149,950 | 3 Bed HouseFranklin Way9, Franklin Way, Spilsby, PE23 5GG
Top 3 Most Expensive Saleson Franklin Way, Spilsby, PE23
Nearby Streetsto Franklin Way, Spilsby, PE23
Franklin Way, Spilsby, PE23 is the 94th largest and the 48th most expensive street in the PE23 area.
- 46 mTennyson Way, Spilsby, PE238 Addresses
- 75 mLady Jane Franklin Drive, Spilsby, PE2368 Addresses
- 77 mWoodland View, Spilsby, PE2331 Addresses
- 95 mHalifax Road, Spilsby, PE237 Addresses
- 111 mSpilsby Meadows, Spilsby, PE2324 Addresses
- 114 mFlinders Dale, Spilsby, PE236 Addresses
Postcodeson Franklin Way, Spilsby, PE23
There is 1 postcode on Franklin Way, Spilsby, PE23.
- House prices in PE23 5GG9 Addresses
Property Typesin Franklin Way
- 7 modern houses built after 1980
- 1 house of an unknown age
- 1 other address of unknown type
- modern house (7)
- house (1)
- Unknown (1)
Energy Efficiencyof properties on Franklin Way
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (6)
- G (0)
- D (1)
- No EPC (2)
Schools Nearbyto Franklin Way, Spilsby, PE23
The nearest primary school to Franklin Way, Spilsby, PE23 is Spilsby Primary School which is 900 metres away.
- 900mSpilsby Primary School
- 1.3kmHalton Holegate CofE Primary School
- 2.5kmToynton All Saints Primary School
The nearest secondary school is King Edward VI Academy which is 1.0 kilometres away.
- 1.0kmKing Edward VI Academy
- 10.9kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 11.0kmWilliam Lovell Church of England Academy
More reading links
Public Transport Nearbyto Franklin Way, Spilsby, PE23
The closest station to Franklin Way, Spilsby, PE23 is Thorpe Culvert station which is 8.3 kilometres away.
- 8.3kmThorpe Culvert
- 11.4kmWainfleet
- 12.9kmHavenhouse
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