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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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According to the public record, 3, Nelson Way, Spilsby is a modern freehold house with 936 ft2 of internal area and sits on a 128 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Nelson Way, Spilsby is £133,104 and the estimated rental value is £712 per month.
Nelson Way, Spilsby, PE23 is located in the borough of East Lindsey within the PE23 postal district.
3, Nelson Way, Spilsby has a single entry in the Land Registry from May 2017 and a single entry in the EPC database dated March 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 3, Nelson Way, Spilsby is in very good condition we estimate a sale value of £139,760 and a rental value of £747 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,787 and a rental value of £662 per month.
Over the last 12 months the sale value of 3 Nelson Way Spilsby has decreased by an estimated £4,119 (3.1%) and its rental value has increased by an estimated £24 per month (3.4%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 3, Nelson Way, Spilsby sits on a plot of 128m2.
We have plot size data on 2 out of 4 other houses in the postcode and 3, Nelson Way, Spilsby sits on the 2nd largest plot.
3, Nelson Way, Spilsby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3, Nelson Way, Spilsby was last sold on 9th May 2017 for £102,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2017, the market for similar properties has risen 90.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Nelson Way, Spilsby within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 76, Ancaster Avenue, Spilsby, PE23 5HR, a freehold house which sold for £145,000 on the 3rd October 2025.
Read more about house prices in PE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nelson Way, Spilsby, PE23 has a total of 8 addresses. According to our analysis of all the public data, 3, Nelson Way, Spilsby is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in PE23.
The closest station to 3, Nelson Way, Spilsby is Thorpe Culvert station which is 9.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Nelson Way, Spilsby, 65.5% of property is socially rented and 16.6% is privately owned outright.
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 3, Nelson Way, Spilsby, 19.6% of residents are recorded as possessing school level qualifications and 9.8% 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 3, Nelson Way, Spilsby, the average age was 47.5 and the most common age was 72.
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 3, Nelson Way, Spilsby, 0.0% 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 3, Nelson Way, Spilsby, there are an average of 0.8 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
