The Old School, Spilsby
The Old School, Spilsby
Description & Estimates
Public records show The Old School, Spilsby to be a period freehold house with 1,485 ft2 of internal area, sitting on a 878 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
The Old School, Spilsby has an estimated sale value of £338,016 and an estimated rental value of £1,115 per month, assuming reasonable condition and based on the information available.
Lusby, Spilsby, PE23 lies in the borough of East Lindsey, within the PE23 postal district.
Our Data Sources
The Old School, Spilsby has 21 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated October 2012.
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.
Price Range & Condition
In very good condition, we estimate The Old School, Spilsby would be worth £354,917, with a potential rental value of £1,171 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £314,355, with a rental value of £1,037 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 The Old School, Spilsby has decreased by £16,104 (4.8%) over the last year. During the same period, its estimated monthly rental value has grown by £17 (1.5%). The property's estimated gross yield is currently 4.0%.
Plot Size
The Old School, Spilsby occupies a 878 m2 plot as recorded by HM Land Registry.
Energy Efficiency
The Old School, Spilsby has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Oct 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The Old School, Spilsby last changed hands on 18th March 2021, selling for £305,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 3.1% since March 2021.
- Sold Mar 2021£305,000
- Sold Jan 2004£193,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 6.3 kilometres of The Old School, Spilsby across the last 2 years.
Most recently, Barnside, Church Lane, Spilsby, PE23 4LP, a freehold house, sold at £338,000 on the 7th October 2025.
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
Our analysis of the public data ranks The Old School, Spilsby as the 12th largest and the 12th most expensive of the 27 addresses on Lusby, Spilsby, PE23.
Against the PE23 postcode district average, it is £94k more expensive than the typical property.
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Schools Nearby
- 6.3kmSpilsby Primary School
- 6.9kmToynton All Saints Primary School
- 7.0kmThe Edward Richardson Primary School, Tetford
- 6.1kmKing Edward VI Academy
- 7.6kmThe Banovallum School
- 8.6kmQueen Elizabeth's Grammar School, Horncastle
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Public Transport Nearby
Thorpe Culvert station is the nearest stop to The Old School, Spilsby at 15.1 kilometres away.
- 15.1kmThorpe Culvert
- 18.1kmWainfleet
- 19.9kmHavenhouse
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
