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Spilsby House Prices

The average house price in Spilsby is £163,000 using HM Land Registry data.

The average property price increased by £11,793 (6.16%) over the last 5 years and increased by £2,358 (1.17%) over the last 12 months.

Over the last year, there were 51 residential property sales – a decrease of 7 transactions (-13.73%) relative to the previous year. The majority of house sales (24) were in the £128,000 - £186,000 range. Then came properties in the £186,000 - £244,000 range, where 10 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,922 (-4%).

In Apr 2026, there were 8 new estate agency instructions, 2 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in Spilsby

6.16%

Property prices in Spilsby increased by 6.16% 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

1.17%

Property prices in Spilsby increased by 1.17% 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 - Apr 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
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
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
50 Main Road, Spilsby, PE23 5LS	£180,000	£170,000	-£10,000	23 Sep 2024	07 Aug 2025	318 Days
7 Brun Balderston Close, Spilsby, PE23 5RA	£90,000	£90,000	£0	12 Mar 2025	25 Jul 2025	135 Days
10 Fitzjames Close, Spilsby, PE23 5NL	£155,000	£155,000	£0	04 Mar 2025	18 Jul 2025	136 Days
7 Franklin Way, Spilsby, PE23 5GG	£185,000	£180,000	-£5,000	27 Sep 2024	17 Jul 2025	293 Days
18 Woodland View, Spilsby, PE23 5GD	£175,000	£175,000	£0	21 Feb 2025	04 Jul 2025	133 Days
10 Halton Road, Spilsby, PE23 5JZ	£150,000	£131,000	-£19,000	06 Dec 2024	25 Jun 2025	201 Days
10 Bowmans Ridge, Spilsby, PE23 5NR	£385,000	£370,000	-£15,000	01 Jul 2024	20 Jun 2025	354 Days
26b, Ashby Meadows, Spilsby, PE23 5DN	£157,500	£154,700	-£2,800	06 Feb 2025	16 Jun 2025	130 Days
4 Badley Court, Ashby Road, Spilsby, PE23 5DH	£74,950	£74,950	£0	25 Jul 2024	02 Jun 2025	312 Days
81 Ashby Road, Spilsby, PE23 5DW	£160,000	£158,000	-£2,000	07 Feb 2025	20 May 2025	102 Days

Most Expensive Streets in Spilsby

Postcode	Street	Area	Average	No. of Sales
PE23 5NQ	Main Road	Spilsby	£523,000	8
PE23 5HU	Eresby Avenue	Spilsby	£334,983	3
PE23 5LZ	Main Road	Spilsby	£299,050	10
PE23 5RD	The Gables	Spilsby	£286,000	5
PE23 5EJ	Partney Road	Spilsby	£256,000	3
PE23 5LY	Park Avenue	Spilsby	£238,125	4
PE23 5LJ	Erebus Close	Spilsby	£234,612	4
PE23 5LQ	Post Office Lane	Spilsby	£233,251	3
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	£113,666	15
PE23 5JB	Reynard Street	Spilsby	£123,333	6
PE23 5EU	Pooles Lane	Spilsby	£129,000	6
PE23 5EL	Woodlands Avenue	Spilsby	£136,666	3
PE23 5HP	Ancaster Avenue	Spilsby	£141,666	3
PE23 5LR	Masonic Lane	Spilsby	£141,714	7
PE23 5NL	Fitzjames Close	Spilsby	£146,916	6