Spilsby House Prices Spilsby House Prices

The average house price in Spilsby is £0 using HM Land Registry data.

The average property price increased by £26,338 (14.7%) over the last 5 years and increased by £5,265 (2.63%) over the last 12 months.

Over the last year, there were 43 residential property sales – a decrease of 19 transactions (-44.19%) relative to the previous year. The majority of house sales (11) were in the £128,000 - £156,000 range. Then came properties in the £156,000 - £184,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 110 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,519 (-3%).

In Aug 2026, there were 5 new estate agency instructions, 5 agreed home sales and 5 property price reductions.

5-Year Average Property Prices in Spilsby

14.7%

Property prices in Spilsby increased by 14.7% 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

2.63%

Property prices in Spilsby increased by 2.63% 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.

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).

Property Market Heat Gauge for Spilsby - Aug 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

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

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
100 Main Road, Spilsby, PE23 5LZ£99,500£95,000-£4,50017 Mar 202616 Jun 202691 Days
6 Magellan Drive, Spilsby, PE23 5FB£185,000£180,000-£5,00012 Aug 202528 May 2026289 Days
6 Church Lane, Spilsby, PE23 5NA£235,200£204,500-£30,70020 Jun 202519 May 2026333 Days
6 The Gables, Spilsby, PE23 5RD£240,000£235,000-£5,00017 Mar 202602 Apr 202616 Days
50 Ashby Meadows, Spilsby, PE23 5DN£260,000£250,000-£10,00017 Mar 202601 Apr 202615 Days
14 Spence Street, Spilsby, PE23 5EA£139,950£136,500-£3,45029 Aug 202531 Mar 2026214 Days
34 Lady Jane Franklin Drive, Spilsby, PE23 5GB£175,000£175,000£024 Aug 202520 Mar 2026208 Days
3 Pooles Lane, Spilsby, PE23 5EU£103,995£102,000-£1,99521 May 202520 Mar 2026303 Days
14 Talbot Close, Spilsby, PE23 5NW£158,000£152,000-£6,00008 Oct 202517 Mar 2026160 Days
71 Ashby Road, Spilsby, PE23 5DW£199,950£190,000-£9,95011 Aug 202506 Mar 2026207 Days
15 Queen Street, Spilsby, PE23 5JE£200,000£198,000-£2,00006 Aug 202512 Feb 2026190 Days
24 Raithby Road, Spilsby, PE23 5NH£375,000£356,000-£19,00016 Sep 202529 Jan 2026135 Days
12 Fitzjames Close, Spilsby, PE23 5NL£130,000£130,000£026 Sep 202508 Jan 2026104 Days
85 Ancaster Avenue, Spilsby, PE23 5HS£149,950£139,350-£10,60019 Jul 202512 Dec 2025146 Days
33 Tasman Road, Spilsby, PE23 5LN£235,000£235,000£002 Jun 202528 Nov 2025179 Days
42 Magellan Drive, Spilsby, PE23 5FB£177,500£177,500£021 Feb 202526 Nov 2025278 Days
6 Spence Street, Spilsby, PE23 5EA£144,500£142,000-£2,50007 Aug 202513 Nov 202598 Days
23 Ashby Meadows, Spilsby, PE23 5DN£165,000£160,000-£5,00004 Apr 202529 Oct 2025208 Days
34 Magellan Drive, Spilsby, PE23 5FB£185,000£185,000£014 Aug 202524 Oct 202571 Days
76 Ancaster Avenue, Spilsby, PE23 5HR£150,000£145,000-£5,00014 Apr 202503 Oct 2025172 Days

Most Expensive Streets in Spilsby

PostcodeStreetAreaAverageNo. of Sales
PE23 5NQMain RoadSpilsby£512,7147
PE23 5RDThe GablesSpilsby£276,0005
PE23 5EJPartney RoadSpilsby£256,0003
PE23 5LYPark AvenueSpilsby£238,1254
PE23 5LQPost Office LaneSpilsby£233,2513
PE23 5DWAshby RoadSpilsby£232,8005
PE23 5HQBoston RoadSpilsby£228,3336
PE23 5LZMain RoadSpilsby£224,2229
PE23 5LDHalton RoadSpilsby£217,5003
PE23 5LNTasman RoadSpilsby£215,7077

Least Expensive Streets in Spilsby

PostcodeStreetAreaAverageNo. of Sales
PE23 5DHBadley CourtAshby Road£72,9663
PE23 5JDFranklin SquareSpilsby£86,0006
PE23 5LGSimpson StreetSpilsby£113,3333
PE23 5EASpence StreetSpilsby£117,8333
PE23 5LENewtownSpilsby£121,75012
PE23 5EUPooles LaneSpilsby£125,5836
PE23 5JBReynard StreetSpilsby£134,0005
PE23 5HPAncaster AvenueSpilsby£145,0003
PE23 5NLFitzjames CloseSpilsby£146,9166
PE23 5LRMasonic LaneSpilsby£147,8336

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