The TerraceHouse Prices / East Midlands, East Lindsey
Key Street Insights
The Terrace is a residential street with 16 addresses.
It ranks as the 143rd largest and 9th most expensive of the 227 streets in the PE23 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 16 properties: 3 houses and 13 flats.
- Houses
- Flats
Key Street Insights
The Terrace is a residential street with 16 addresses.
It ranks as the 143rd largest and 9th most expensive of the 227 streets in the PE23 area. The dominant property type is a period flat built between 1800 and 1911.
The street contains a total of 16 properties: 3 houses and 13 flats.
- Houses
- Flats
House Priceson The Terrace
Sale prices range from £66,903 for 7 bedroom Leasehold flats (1,677 ft2) to £150,003 for 5 bedroom freehold houses with a garden (2,289 ft2) .
Monthly rental prices range from £474 pcm for 7 bed flats to £749 pcm for 5 bed houses.
The gross rental yield is between 5.9% and 8.5%.
The average value per square foot is £104.
Sales Market Trendson The Terrace
The last sale on The Terrace sold for £550,000 on 22nd August 2025. Since then prices are down an average of 0.6%.
The current average value in the street is £97,543.
The The Terrace Sales Market has increased by 37.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.7% | £97,543 |
| May 2025 | -3.1% | £99,272 |
| May 2024 | -1.9% | £102,437 |
| May 2023 | 3.3% | £104,449 |
| May 2022 | 12% | £101,118 |
| May 2021 | 8.9% | £90,313 |
| May 2020 | -1.5% | £82,915 |
| May 2019 | 7.3% | £84,218 |
| May 2018 | -0.7% | £78,508 |
| May 2017 | 11.3% | £79,068 |
| May 2016 | -3% | £71,059 |
| May 2015 | 1.7% | £73,249 |
| May 2014 | 6.6% | £72,058 |
| May 2013 | 0.3% | £67,580 |
| May 2012 | -2.5% | £67,411 |
| May 2011 | -3.2% | £69,131 |
| May 2010 | -1.8% | £71,442 |
| May 2009 | -9.4% | £72,728 |
| May 2008 | 1.8% | £80,311 |
| May 2007 | 0% | £78,861 |
Rental Market Trendson The Terrace
The current average rental value in the street is £552.
The The Terrace Rental Market has increased by 46.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.7% | £552pcm |
| May 2025 | 4.2% | £527pcm |
| May 2024 | 6.4% | £506pcm |
| May 2023 | 8% | £475pcm |
| May 2022 | 5.6% | £440pcm |
| May 2021 | 4.5% | £417pcm |
| May 2020 | 2.4% | £399pcm |
| May 2019 | 1.1% | £390pcm |
| May 2018 | 0.6% | £385pcm |
| May 2017 | 1.8% | £383pcm |
| May 2016 | 1.9% | £376pcm |
| May 2015 | 2.9% | £369pcm |
| May 2014 | 2.6% | £358pcm |
| May 2013 | 1% | £349pcm |
| May 2012 | 2% | £346pcm |
| May 2011 | 1.7% | £339pcm |
| May 2010 | -1.6% | £334pcm |
| May 2009 | -4.4% | £339pcm |
| May 2008 | 3.6% | £354pcm |
| May 2007 | 0% | £342pcm |
Properties and Buildingson The Terrace, Spilsby, PE23
- 1, The Terrace, Spilsby, PE23 Period building2 units
- 3, The Terrace, Spilsby, PE23 5JR5 bed house
- 4, The Terrace, Spilsby, PE23 Period building2 units
- 5, The Terrace, Spilsby, PE23 Period building5 units
- 6, The Terrace, Spilsby, PE23Building2 units
- 7, The Terrace, Spilsby, PE23 Period building2 units
- 10-12, The Terrace, Spilsby, PE23 5JR
- Flat, 14, The Terrace, Spilsby, PE23 5JR
Sales Historyon The Terrace, Spilsby, PE23
The last sale was on 22nd August 2025 for £550,000 and since then the market in the area has decreased by 0.6%. The street has had a total of 6 sales since 1995.
The Terrace, Spilsby, PE23 has seen 3 sales in the last three years and 1 sale in the last twelve months.
Nearby Streetsto The Terrace, Spilsby, PE23
The Terrace, Spilsby, PE23 is the 143rd largest and the 9th most expensive street in the PE23 area.
- 53 mCornhill, Spilsby, PE239 Addresses
- 62 mStone Lane, Spilsby, PE236 Addresses
- 71 mHigh Street, Hagworthingham, Spilsby, PE2363 Addresses
- 110 mMarket Street, Spilsby, PE2313 Addresses
- 119 mFranklin Square, Spilsby, PE2312 Addresses
- 130 mChurch Street, Candlesby, Spilsby, PE2333 Addresses
Postcodeson The Terrace, Spilsby, PE23
There is 1 postcode on The Terrace, Spilsby, PE23.
- House prices in PE23 5JR16 Addresses
Property Typesin The Terrace
- 13 period flats built between 1800 and 1911
- 1 house of an unknown age
- 2 other addresses of unknown type
- period flat (13)
- house (1)
- Unknown (2)
Energy Efficiencyof properties on The Terrace
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The dominant rating is D.
- A (0)
- E (3)
- B (0)
- F (3)
- C (1)
- G (0)
- D (3)
- No EPC (6)
Schools Nearby
- 300mSpilsby Primary School
- 1.9kmHalton Holegate CofE Primary School
- 2.5kmPartney Church of England Aided Primary School
- 400mKing Edward VI Academy
- 10.7kmQueen Elizabeth's Grammar Alford - A Selective Academy
- 11.1kmWilliam Lovell Church of England Academy
More reading links
Public Transport Nearby
The closest station to The Terrace, Spilsby, PE23 is Thorpe Culvert station, which is 8.9 kilometres away.
- 8.9kmThorpe Culvert
- 12.0kmWainfleet
- 13.5kmHavenhouse
