5, Park Avenue
5, Park Avenue
Description & Estimates
Public records show 5, Park Avenue, Spilsby to be a mid-century freehold house with 742 ft2 of internal area, sitting on a 401 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Park Avenue, Spilsby has an estimated sale value of £207,079 and an estimated rental value of £882 per month, assuming reasonable condition and based on the information available.
Park Avenue, Hundleby, Spilsby, PE23 lies in the borough of East Lindsey, within the PE23 postal district.
Our Data Sources
5, Park Avenue, Spilsby has 41 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated March 2021.
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.
Price Range & Condition
In very good condition, we estimate 5, Park Avenue, Spilsby would be worth £217,433, with a potential rental value of £926 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £192,584, with a rental value of £820 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Park Avenue, Spilsby has moved down by £6,409 (3.1%) over the last year. During the same period, its estimated monthly rental value has increased by £30 (3.4%). The property's estimated gross yield is currently 5.1%.
Plot Size
5, Park Avenue, Spilsby occupies a 401 m2 plot as recorded by HM Land Registry.
Of the 13 other houses in this postcode, 12 have recorded plot sizes, and this one ranks as the 12th largest.
Energy Efficiency
5, Park Avenue, Spilsby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Park Avenue, Spilsby last changed hands on 20th October 2021, selling for £237,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 2.0% since October 2021.
- Sold Oct 2021£237,500
- Sold Sep 2005£195,000
- Sold Mar 2003£107,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.4 kilometres of 5, Park Avenue, Spilsby across the last 2 years.
Most recently, 116, Main Road, Spilsby, PE23 5LZ, a freehold house, sold at £200,000 on the 12th September 2025.
Read more about house prices in PE23.
- Sold Sep 2025£200,000 | 3 Bed House116, Main Road, Spilsby, PE23 5LZ116, Main Road, Spilsby, PE23 5LZ
- Sold Oct 2019£175,000 | 2 Bed House7, The Gables, Spilsby, PE23 5RD7, The Gables, Spilsby, PE23 5RD
- Sold Mar 2019£165,000 | 2 Bed House9, The Gables, Spilsby, PE23 5RD9, The Gables, Spilsby, PE23 5RD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 5, Park Avenue, Spilsby as the 12th largest and the 12th most expensive of the 13 addresses on Park Avenue, Hundleby, Spilsby, PE23.
Against the PE23 postcode district average, it is £37k less expensive than the typical property.
More reading links
Schools Nearby
- 900mSpilsby Primary School
- 2.8kmHalton Holegate CofE Primary School
- 2.8kmToynton All Saints Primary School
- 800mKing Edward VI Academy
- 10.7kmWilliam Lovell Church of England Academy
- 11.0kmQueen Elizabeth's Grammar Alford - A Selective Academy
More reading links
Public Transport Nearby
Thorpe Culvert station is the nearest stop to 5, Park Avenue, Spilsby at 9.8 kilometres away.
- 9.8kmThorpe Culvert
- 12.9kmWainfleet
- 14.5kmHavenhouse
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
