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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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108, Main Road, Spilsby is recorded publicly as a period freehold house across 1,593 ft2 of internal area, sitting on a 1,905 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 108, Main Road, Spilsby is £470,282 and its rental estimate is £1,499 per month, given the available information and assuming reasonable condition.
Main Road, Hundleby, Spilsby, PE23 falls within the PE23 postal district, in the borough of East Lindsey.
108, Main Road, Spilsby has a single entry in the Land Registry from December 2017 and a single entry in the EPC database dated March 2026.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 108, Main Road, Spilsby, we estimate a market value of £493,796 and a rental value of £1,574 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £437,362 and £1,394 per month respectively.
Over the last year, 108, Main Road, Spilsby has seen its estimated sale value decrease by £22,405 (4.8%) and its estimated rental value grow by £23 per month (1.5%). This results in an estimated gross rental yield of 3.8%.
HM Land Registry records the plot of land for 108, Main Road, Spilsby as measuring 1,905 m2.
That makes it the 9th largest plot in the postcode, where 32 of the 44 other houses have recorded plot data.
108, Main Road, Spilsby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Mar 2026.
The property is connected to mains gas and has mostly multiple glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 108, Main Road, Spilsby completed on 19th December 2017 at £310,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 31.1% over the period since December 2017.
Over the past 2 years 3 properties similar to 108, Main Road, Spilsby have sold within a radius of 2.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th June 2025, was 110, Main Road, Spilsby, PE23 5LZ, a freehold house which sold for £495,000.
Read more about house prices in PE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 129 addresses on Main Road, Hundleby, Spilsby, PE23, 108, Main Road, Spilsby comes out as the 31st largest and the 14th most expensive in our analysis of the public data.
It is also £227k more expensive than the average property across the PE23 district.
From 108, Main Road, Spilsby, the nearest station is Thorpe Culvert, 10.1 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 108, Main Road, Spilsby, 43.5% of property is privately owned outright and 30.4% is privately owned with a mortgage.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 108, Main Road, Spilsby, 13.8% of residents are recorded as possessing school level qualifications and 28.3% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 108, Main Road, Spilsby, the average age was 49.7 and the most common age was 57.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 108, Main Road, Spilsby, 0.8% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 108, Main Road, Spilsby, there are an average of 1.4 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
