5E, The Terrace
5E, The Terrace
Description & Estimates
5E, The Terrace, Spilsby is described in the public record as a period apartment with 559 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 5E, The Terrace, Spilsby is £83,179 and its rental estimate is £541 per month, given the available information and assuming reasonable condition.
5, The Terrace is a residential building on The Terrace, Spilsby, PE23 and falls within the PE23 postal district and the borough of East Lindsey.
Our Data Sources
5E, The Terrace, Spilsby has no records in the the Land Registry and a single entry in the EPC database dated November 2021.
We combine this information with public data 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.
Price Range & Condition
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 5E, The Terrace, Spilsby, we estimate a market value of £87,338 and a rental value of £568 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £77,357 and £503 per month respectively.
Recent Market Change
Over the last year, 5E, The Terrace, Spilsby has seen its estimated sale value fall by £1,068 (1.3%) and its estimated rental value move up by £28 per month (5.2%). This results in an estimated gross rental yield of 7.8%.
Energy Efficiency
5E, The Terrace, Spilsby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5E, The Terrace, Spilsby have sold within a radius of 2.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th June 2025, was 26, Reynard Street, Spilsby, PE23 5JB, a leasehold flat which sold for £80,000.
Read more about house prices in PE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 16 addresses on The Terrace, Spilsby, PE23, 5E, The Terrace, Spilsby comes out as the 15th largest and the 12th most expensive in our analysis of the public data.
It is also £161k less expensive than the average property across the PE23 district.
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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
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Public Transport Nearby
From 5E, The Terrace, Spilsby, the nearest station is Thorpe Culvert, 8.9 kilometres away.
- 8.9kmThorpe Culvert
- 12.0kmWainfleet
- 13.5kmHavenhouse
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
