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Spilsby House Prices

The average house price in Spilsby is £204,500 using HM Land Registry data.

The average property price increased by £5,922 (3.06%) over the last 5 years and increased by £1,184 (0.6%) over the last 12 months.

Over the last year, there were 51 residential property sales – a decrease of 5 transactions (-9.80%) relative to the previous year. The majority of house sales (18) were in the £140,000 - £190,000 range. Then came properties in the £190,000 - £240,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 40 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-9,722 (-3%).

In Jul 2026, there were 14 new estate agency instructions, 10 agreed home sales and 9 property price reductions.

5-Year Average Property Prices in Spilsby

3.06%

Property prices in Spilsby increased by 3.06% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Spilsby Over the Last Year

0.6%

Property prices in Spilsby increased by 0.6% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Spilsby - Jul 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Spilsby

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Spilsby

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Spilsby

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Spilsby since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Spilsby area since 1995.

Recent Property Sales in Spilsby

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
6 Church Lane, Spilsby, PE23 5NA	£235,200	£204,500	-£30,700	20 Jun 2025	19 May 2026	333 Days
6 The Gables, Spilsby, PE23 5RD	£240,000	£235,000	-£5,000	17 Mar 2026	02 Apr 2026	16 Days
14 Spence Street, Spilsby, PE23 5EA	£139,950	£136,500	-£3,450	29 Aug 2025	31 Mar 2026	214 Days
34 Lady Jane Franklin Drive, Spilsby, PE23 5GB	£175,000	£175,000	£0	24 Aug 2025	20 Mar 2026	208 Days
3 Pooles Lane, Spilsby, PE23 5EU	£103,995	£102,000	-£1,995	21 May 2025	20 Mar 2026	303 Days
14 Talbot Close, Spilsby, PE23 5NW	£158,000	£152,000	-£6,000	08 Oct 2025	17 Mar 2026	160 Days
71 Ashby Road, Spilsby, PE23 5DW	£199,950	£190,000	-£9,950	11 Aug 2025	06 Mar 2026	207 Days
15 Queen Street, Spilsby, PE23 5JE	£200,000	£198,000	-£2,000	06 Aug 2025	12 Feb 2026	190 Days
24 Raithby Road, Spilsby, PE23 5NH	£375,000	£356,000	-£19,000	16 Sep 2025	29 Jan 2026	135 Days
12 Fitzjames Close, Spilsby, PE23 5NL	£130,000	£130,000	£0	26 Sep 2025	08 Jan 2026	104 Days
85 Ancaster Avenue, Spilsby, PE23 5HS	£149,950	£139,350	-£10,600	19 Jul 2025	12 Dec 2025	146 Days
33 Tasman Road, Spilsby, PE23 5LN	£235,000	£235,000	£0	02 Jun 2025	28 Nov 2025	179 Days
42 Magellan Drive, Spilsby, PE23 5FB	£177,500	£177,500	£0	21 Feb 2025	26 Nov 2025	278 Days
6 Spence Street, Spilsby, PE23 5EA	£144,500	£142,000	-£2,500	07 Aug 2025	13 Nov 2025	98 Days
23 Ashby Meadows, Spilsby, PE23 5DN	£165,000	£160,000	-£5,000	04 Apr 2025	29 Oct 2025	208 Days
34 Magellan Drive, Spilsby, PE23 5FB	£185,000	£185,000	£0	14 Aug 2025	24 Oct 2025	71 Days
76 Ancaster Avenue, Spilsby, PE23 5HR	£150,000	£145,000	-£5,000	14 Apr 2025	03 Oct 2025	172 Days
16 Erebus Close, Spilsby, PE23 5LJ	£230,000	£227,500	-£2,500	04 Mar 2025	01 Oct 2025	211 Days
39 West End, Spilsby, PE23 5ET	£182,000	£180,000	-£2,000	09 Dec 2024	24 Sep 2025	289 Days
95 Halton Road, Spilsby, PE23 5LF	£225,000	£215,000	-£10,000	30 Sep 2024	03 Sep 2025	338 Days

Most Expensive Streets in Spilsby

Postcode	Street	Area	Average	No. of Sales
PE23 5NQ	Main Road	Spilsby	£512,714	7
PE23 5RD	The Gables	Spilsby	£276,000	5
PE23 5EJ	Partney Road	Spilsby	£256,000	3
PE23 5LZ	Main Road	Spilsby	£240,375	8
PE23 5LJ	Erebus Close	Spilsby	£239,483	3
PE23 5LY	Park Avenue	Spilsby	£238,125	4
PE23 5LQ	Post Office Lane	Spilsby	£233,251	3
PE23 5DW	Ashby Road	Spilsby	£232,800	5
PE23 5HQ	Boston Road	Spilsby	£228,333	6
PE23 5LD	Halton Road	Spilsby	£217,500	3

Least Expensive Streets in Spilsby

Postcode	Street	Area	Average	No. of Sales
PE23 5DH	Badley Court	Ashby Road	£72,966	3
PE23 5JD	Franklin Square	Spilsby	£86,000	6
PE23 5LG	Simpson Street	Spilsby	£113,333	3
PE23 5LE	Newtown	Spilsby	£115,107	14
PE23 5EA	Spence Street	Spilsby	£117,833	3
PE23 5EU	Pooles Lane	Spilsby	£125,583	6
PE23 5JB	Reynard Street	Spilsby	£134,000	5
PE23 5NL	Fitzjames Close	Spilsby	£146,916	6
PE23 5LR	Masonic Lane	Spilsby	£147,833	6
PE23 5ED	West End	Spilsby	£150,375	4