Buying a home in PE23, Spilsby. What it costs, what you get and where else to look.

Typical 3-bedroom house£232kmost £172k–£287k

Houses per m²£2,478flats £1,247

Sold last year65543 in five years

Prices in East Lindsey+4.2%on a year ago

A typical 3-bedroom house in PE23 sold for £231,856 over the last five years, in today's money; most went for between £172,089 and £287,061, for about 93 m² of space.

65 homes sold here in the last year: a smaller market: expect a handful of new listings a month. Flats start at around £85k for two bedrooms. Within the district, houses cost the least per m² in PE23 5 (£2,411) and the most in PE23 4 (£2,644).

Across East Lindsey, prices are up 4.2% on a year ago and up 13.8% over five years. Renting a similar home there costs about £819 a month; a 90% mortgage on the typical price would be around £1,057 a month at 4.5% over 30 years. Lenders would typically want a household income of about £46,000 for that mortgage: what £50,000 buys.

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House prices in PE23 by bedrooms

Bedrooms	Typical price	Most sell for	Size	Sold, 5 years
1	£102,800	£74k–£230k	43 m²	6
2	£173,810	£139k–£219k	65 m²	150
3	£231,856	£172k–£287k	93 m²	236
4	£314,017	£257k–£384k	134 m²	66
5+	£403,215	£325k–£490k	175 m²	77

Prices by type of home

	1 bed	2 bed	3 bed	4 bed	5+ bed
Houses	£103k	£174k	£232k	£314k	£403k
Detached	—	£219k	£270k	£342k	£413k
Semi-detached	—	£155k	£175k	—	—
Terraced	—	£124k	£170k	£249k	£178k
Flats	—	£85k	—	—	—

Typical sale price over the last five years, adjusted to today's prices with the UK House Price Index.

Price per m² across PE23

Postcode sector	Houses	Flats
PE23 4	£2,644	—
PE23 5	£2,411	£1,247

Schools near PE23

Best state primary within 2 kmSpilsby Primary School57% met the expected standard at 11 · England 64%2 state primaries within 2 km

Best state secondary within 5 kmKing Edward VI Academy23.4% got grade 5+ in English and maths · England 43.8%3 state secondaries within 5 km

Nearby areas

PE24 Skegness · 12 km3-bed house £230k LN13 Alford · 12 km3-bed house £246k PE22 Boston · 14 km3-bed house £223k LN9 Horncastle · 14 km3-bed house £244k PE25 Skegness · 16 km3-bed house £202k LN10 Woodhall Spa · 21 km3-bed house £325k LN12 Mablethorpe · 21 km3-bed house £248k LN11 Louth · 23 km3-bed house £220k

Questions about PE23

Is PE23 a good area to buy a home?

What the numbers say: prices in East Lindsey are up 4.2% on a year ago; the best state primary nearby is below the England average (57% against 64%); the best secondary is below it (23.4% against 43.8%); 65 homes sold here last year. Whether it suits you depends on your budget and what you need nearby, so compare it with the districts around it below.

How much is a 3-bedroom house in PE23?

A typical 3-bedroom house in PE23 sold for £231,856 over the last five years, in today's money. Most sold between £172,089 and £287,061.

How many homes sell in PE23 each year?

65 homes sold in the last year and 543 in five years: a smaller market: expect a handful of new listings a month.

What are the schools like near PE23?

The best-performing state primary within 2 km is Spilsby Primary School, where 57% of pupils met the expected standard at age 11 (England: 64%).

Where is cheaper near PE23?

For a 3-bedroom house, PE25 (£202k, 16 km), PE21 (£179k, 23 km).

Sources: HM Land Registry price paid data matched to the EPC register for size and bedrooms, last five years in today's prices; UK House Price Index (July 2026); ONS private rents (August 2026); DfE school performance tables. Districts with fewer than five sales of a kind are left out. The mortgage figure is an illustration, not advice.