Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
The public record lists 3, The Terrace, Spilsby as a freehold house sitting on a 3,233 m2 plot.
Comparison with its neighbours suggests a period house with 2,289 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
3, The Terrace, Spilsby has an estimated sale value of £150,003 and an estimated rental value of £749 per month, assuming reasonable condition and based on the information available.
The Terrace, Spilsby, PE23 lies in the borough of East Lindsey, within the PE23 postal district.
3, The Terrace, Spilsby has a single entry in the Land Registry from August 2025 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 3, The Terrace, Spilsby would be worth £157,503, with a potential rental value of £787 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £139,503, with a rental value of £697 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 3, The Terrace, Spilsby has fallen by £7,435 (5.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £11 (1.5%). The property's estimated gross yield is currently 6.0%.
3, The Terrace, Spilsby occupies a 3,233 m2 plot as recorded by HM Land Registry.
All 3 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
3, The Terrace, Spilsby last changed hands on 22nd August 2025, selling for £550,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 55.0% since August 2025.
Land Registry records and our Estate Agent network show 3 sales within 2.1 kilometres of 3, The Terrace, Spilsby across the last 2 years.
Most recently, 4A, Cornhill, Spilsby, PE23 5JP, a leasehold flat, sold at £65,000 on the 21st July 2025.
Read more about house prices in PE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 3, The Terrace, Spilsby as the largest and the most expensive of the 16 addresses on The Terrace, Spilsby, PE23.
Against the PE23 postcode district average, it is £94k less expensive than the typical property.
Thorpe Culvert station is the nearest stop to 3, The Terrace, Spilsby at 8.9 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
Be the first Estate
Agent here!
The recent census recorded whether a resident owned or rented their home.
In the area around 3, The Terrace, Spilsby, 52.0% of property is privately rented and 29.7% 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, The Terrace, Spilsby, 13.4% of residents are recorded as possessing school level qualifications and 22.8% 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, The Terrace, 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, The Terrace, 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, The Terrace, Spilsby, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
