PE23 postcode area house prices

PE23 has an average sold price of £169,377 across 5,306 HM Land Registry transactions covering 321 postcodes. The largest town grouping is Spilsby.

Updated October 2026Records through August 2026HM Land Registry31+ million records

PE23 at a glance

PE23 postcode area averages £169,377 across 5,306 completed sales covering 321 postcodes. Check the median, sample depth and nearby postcodes before using the average as a market signal.

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Average £169,377 · Median £155,000 · 5,306 transactions · +50.0% growth · 321 postcodes

Data source: HM Land Registry; Updated October 2026
Sample quality: High transaction depth; 5,306 sales across 321 postcodes
Median check: £155,000; Mean and median differ — inspect local mix
Trend signal: +50.0%; The five-year price movement is +50.0%.
Coverage: 321 postcodes; Largest town: Spilsby

PE23 Postcode Area Overview

The PE23 postcode area averages £169,377 across 5,306 registered sales — below the national average of £400,016 by -57.7%. The median price across constituent postcodes is £155,000, suggesting higher-value sales pull the mean upward. 321 postcodes cover this area, with data sourced from HM Land Registry Price Paid Records. The principal town is Spilsby, which accounts for the largest share of transactions in this postcode area. The five-year price movement is +50.0%, in line with national growth.

Postcodes in PE23

PE23 5GB£134,182 average157 sales PE23 5DN£152,454 average147 sales PE23 5NN£93,550 average107 sales PE23 5FB£106,681 average97 sales PE23 4BE£156,447 average79 sales PE23 4AY£245,008 average74 sales PE23 5NJ£87,384 average73 sales PE23 5GD£183,273 average69 sales PE23 5LZ£161,755 average66 sales PE23 5LS£112,730 average65 sales PE23 5JB£80,362 average63 sales PE23 5AE£222,484 average62 sales PE23 5PB£185,797 average62 sales PE23 4DB£142,854 average60 sales PE23 5LE£78,920 average60 sales PE23 5DW£126,265 average59 sales PE23 5GA£130,710 average59 sales PE23 5HH£176,425 average55 sales PE23 5PT£169,640 average53 sales PE23 5LB£63,318 average51 sales PE23 5LN£141,427 average51 sales PE23 5PX£118,962 average51 sales PE23 4NA£192,943 average50 sales PE23 5HA£126,795 average49 sales PE23 5HQ£120,498 average48 sales PE23 4DS£305,436 average47 sales PE23 4LP£216,919 average47 sales PE23 5AT£131,561 average47 sales PE23 5BD£176,413 average47 sales PE23 5LR£94,146 average45 sales PE23 5NZ£186,431 average43 sales PE23 5QU£128,089 average43 sales PE23 4AT£168,886 average40 sales PE23 4BY£276,435 average40 sales PE23 5AQ£216,699 average40 sales PE23 5EU£116,179 average40 sales PE23 5LA£93,436 average39 sales PE23 5QR£155,664 average39 sales PE23 5TA£186,063 average39 sales PE23 5NW£83,395 average38 sales PE23 4AZ£146,265 average37 sales PE23 4LL£187,351 average36 sales PE23 4QE£174,718 average36 sales PE23 5BL£214,058 average36 sales PE23 5JH£106,378 average36 sales PE23 5JE£111,446 average35 sales PE23 4BA£166,018 average34 sales PE23 5LP£151,082 average34 sales PE23 5NQ£232,462 average34 sales PE23 4AG£161,498 average33 sales PE23 4HJ£163,044 average32 sales PE23 5HX£63,434 average32 sales PE23 5NL£82,838 average32 sales PE23 4LZ£304,287 average31 sales PE23 4JB£166,382 average30 sales PE23 5LQ£131,205 average30 sales PE23 4BG£214,005 average29 sales PE23 4EU£211,412 average29 sales PE23 4EX£238,138 average29 sales PE23 5ED£98,552 average29 sales PE23 5LD£115,929 average29 sales PE23 5LJ£132,772 average29 sales PE23 4HR£265,788 average26 sales PE23 4PX£123,863 average26 sales PE23 4AL£158,152 average25 sales PE23 4BJ£182,826 average25 sales PE23 5BQ£232,040 average25 sales PE23 5EA£119,900 average25 sales PE23 5LG£92,770 average25 sales PE23 4PQ£147,092 average24 sales PE23 4QA£245,217 average24 sales PE23 5BP£128,735 average24 sales PE23 5NY£181,660 average24 sales PE23 4DT£173,757 average23 sales PE23 5JD£75,583 average23 sales PE23 4JL£171,750 average22 sales PE23 5AG£190,032 average22 sales PE23 5HD£283,236 average22 sales PE23 5HP£91,636 average22 sales PE23 5RD£242,748 average22 sales

Compare postcodes in PE23

Use the location comparison tool to put PE23 postcodes beside other postcode areas, towns or districts before narrowing your shortlist.

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Property valuation guide

Estimate a property value in the PE23 area

Professional valuers use recent sold prices as comparable evidence. In the PE23 area, the median sold price is £155,000 and the average is £169,377, based on 5,306 HM Land Registry transactions. Over five years, prices have moved +50.0%, which affects how comparables from earlier years should be weighted.

Typical comparable range: £132,000–£178,000(±15% from median)

These are historical completed-sale prices — not a formal valuation, asking price or investment advice. Use them to sense-check an asking price or set expectations before instructing a surveyor.

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Frequently asked questions

What is the average sold price in the PE23 postcode area?

The average sold price in PE23 is £169,377, based on 5,306 HM Land Registry transactions across 321 postcodes.

How does PE23 compare to the national average?

PE23 is -57.7% below the England and Wales national average of £400,016.

Are these figures valuations or asking prices?

No. These are historical completed sale prices from HM Land Registry Price Paid Data. They are not current valuations, asking prices or investment advice.

How many postcodes does the PE23 area cover?

The PE23 postcode area covers 321 individual postcodes with 5,306 registered sales. The largest town grouping is Spilsby.

More about PE23

Spilsby town Browse districts Market reports Methodology Compare locations Area guide: PE23

About this data

All sold price figures on this page come from HM Land Registry Price Paid Data for England and Wales, published under the Open Government Licence v3.0. Contains HM Land Registry data © Crown copyright and database right. These are historical completed sale prices — they are not current valuations, not forecasts and not investment advice. Past sale prices do not guarantee future values. Always seek independent professional advice before making property or financial decisions. Read the full methodology for details on data cleaning, grouping and limitations.