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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, Spinney, Spilsby is a modern house with 1,022 ft2 of internal area.
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 Spinney, Spilsby is £271,045 and the estimated rental value is £939 per month.
Welton-Le-Marsh, Spilsby, PE23 is located in the borough of East Lindsey within the PE23 postal district.
Spinney, Spilsby has no records in the the Land Registry and a single entry in the EPC database dated April 2025.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Spinney, Spilsby is in very good condition we estimate a sale value of £284,597 and a rental value of £986 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,072 and a rental value of £873 per month.
Over the last 12 months the sale value of Spinney Spilsby has decreased by an estimated £8,388 (3.1%) and its rental value has increased by an estimated £31 per month (3.4%), giving an expected gross yield of 4.2%.
Spinney, Spilsby has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Apr 2025.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Spinney, Spilsby within a radius of 5.0 kilometres over the last 2 years.
The most recent example is Lilac Cottage, Hanby Lane, Spilsby, PE23 5TQ, a freehold house which sold for £244,000 on the 23rd May 2024.
Read more about house prices in PE23.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Welton-Le-Marsh, Spilsby, PE23 has a total of 54 addresses. According to our analysis of all the public data, Spinney, Spilsby is the 22nd largest and the 21st most expensive property on the street.
When compared to the postcode district it is £27k more expensive than the average property in PE23.
The closest station to Spinney, Spilsby is Thorpe Culvert station which is 8.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Spinney, Spilsby, 58.8% of property is privately owned outright and 19.6% is privately rented.
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 Spinney, Spilsby, 10.8% of residents are recorded as possessing school level qualifications and 23.2% 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 Spinney, Spilsby, the average age was 48.9 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 Spinney, 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 Spinney, Spilsby, there are an average of 1.7 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
