Homes in Spilsby sell for a median £172,450
That is the middle of 169 standard sales recorded by HM Land Registry from September 2023 to August 2026, against £277,000 in the typical UK town. The typical home sells for 5.1 times as much as in 1995. Below: what each type of home sells for, the spread of prices, every year since 1995, new builds, the busiest streets and the neighbours. Rents and council tax are on Cost of living.
40% of Spilsby’s sales are detached houses
169 homes sold in three years: 67 detached houses, 44 semi-detached houses, 48 terraced houses and 10 flats and maisonettes. A detached house sells for 2.5 times what a flat does.
median sale · 67 sold in 3 years
- Middle half
- £196K–£335K
- Last 12 months
- £228K17 sold
median sale · 44 sold in 3 years
- Middle half
- £145K–£175K
- Last 12 months
- £160K11 sold
median sale · 48 sold in 3 years
- Middle half
- £115K–£172K
- Last 12 months
- £138K16 sold
median sale · 10 sold in 3 years
- Middle half
- £75K–£143K
A mixed market: no one type makes up more than 40% of sales
Standard sales, Sep 2023 to Aug 2026. A median needs 5 sales of a type; “middle half” is the 25th to 75th percentile of 10 or more.
Half of Spilsby’s homes sold for between £140K and £235K
One sale in ten was under £98K and one in ten over £335K. 78% sold for under £250K.
The median, £172,450, sits in the £150–200K band
169 standard sales. Each bar is the number sold in that price band; the darker bar holds the median.
The typical home costs 5.1 times as much as in 1995, in step with England
Land Registry has recorded every sale since 1995. The median went from £35,000 in 1995 to £178,750 in the last 12 months (£160,000 in 2019).
Fewer homes sell than in most years
46 sales in the last 12 months, against 153 in 2006, the busiest year, and 37 in 2009. Sales fell by 68% from 2007 to 2009 in the financial crisis, and the median by 7%. 2021, the stamp duty holiday, saw 77% more sales than 2020.
Spilsby costs less than England as a whole
Median sale price each calendar year: Spilsby, every standard sale in England, and the typical UK town (the middle of the town medians, towns of 2,500 or more).
Terraced houses rose the most since 1995
| 1995 | 2000 | 2005 | 2010 | 2015 | 2020 | Last 12 months | |
|---|---|---|---|---|---|---|---|
| Detached houses | £55K | £69K | £180K | £164K | £178K | £225K | £228K |
| Semi-detached houses | £36K | £51K | £115K | £113K | £106K | £142K | £160K |
| Terraced houses | £25K | £35K | £111K | £102K | £114K | £134K | £138K |
Calendar years; a year’s median needs 5 sales of the type, so gaps are years with fewer.
Prices are as paid, not adjusted for inflation. Standard (category A) sales only; Land Registry adds a sale when it is registered, so the newest months fill in later.
Hardly any new homes: 0% of sales in the last 12 months
362 new homes have been sold in Spilsby since 1995; the share peaked at 43% in 2005.
Calendar years with 10 or more sales, then the last 12 months.
8% of sales were leasehold
Nearly every flat in England and Wales is leasehold; among houses, 2.5% sold leasehold in Spilsby. A leasehold buyer owns the home for a fixed term and may pay ground rent and service charges; check the lease before you buy.
Main Road is Spilsby’s busiest street, with 17 sales in three years
11 streets had five or more sales from Sep 2023 to Aug 2026, 4 of them ten or more. A busy street is often a new estate selling its first homes, or a long road of terraces and flats.
| # | Street | Postcode area | Sales | Median | Homes |
|---|---|---|---|---|---|
| 1 | Main Road | PE23 | 17 | £215,000 | Mixed |
| 2 | Boston Road | PE23 | 12 | £250,250 | Mostly detached houses |
| 3 | Halton Road | PE23 | 11 | £135,000 | Mixed |
| 4 | Ashby Meadows | PE23 | 10 | £170,000 | Mixed |
| 5 | Lady Jane Franklin Drive | PE23 | 9 | £165,000 | Mixed |
| 6 | Ashby Road | PE23 | 8 | £149,000 | Mixed |
| 7 | Magellan Drive | PE23 | 6 | £178,000 | Mixed |
| 8 | Newtown | PE23 | 6 | £114,250 | Mostly terraced houses |
| 9 | Shamfields Road | PE23 | 5 | £180,000 | Mostly detached houses |
| 10 | Fitzjames Close | PE23 | 5 | £152,500 | Mostly semi-detached houses |
| 11 | Ancaster Avenue | PE23 | 5 | £145,000 | Mostly terraced houses |
Standard sales with a street name, grouped by street and postcode district (Sep 2023 to Aug 2026); a name used in two districts shows the district. Medians only: we don’t list individual sales.
Spilsby is the 56th most expensive of 64 towns in Lincolnshire
Spilsby is one of Lincolnshire’s cheapest towns to buy in; the typical UK town’s median is £277,000.
Towns of 2,500 or more in Lincolnshire with 10+ standard sales; each links to its own Housing page.
Spilsby’s neighbours
The nearest built-up areas, from ONS’s 2022 boundaries.
| Town | Miles | Median | Sold, 12 mo | Since 2016 |
|---|---|---|---|---|
| Spilsby | — | £172K | 46 | +35% |
| Burgh le Marsh | 6.4 | £211K | 39 | +44% |
| Stickney | 6.7 | £250K | 18 | +77% |
| Alford | 6.8 | £170K | 41 | +19% |
| Wainfleet All Saints | 7.4 | £188K | 15 | +40% |
| Wainfleet St Mary | 7.6 | £188K | 11 | +17% |
| Horncastle | 8.8 | £209K | 124 | +27% |
| Old Leake | 9.6 | £190K | 13 | +34% |
Median: standard sales over three years (10+ needed). Since 2016: the median over three years against 2016’s. Miles: centre to centre.
Questions about property prices in Spilsby
What is the average house price in Spilsby?
The median home in Spilsby sold for £172,450 from September 2023 to August 2026, across 169 standard sales (£178,750 in the last 12 months). By type: detached houses £250,000, semi-detached houses £155,000, terraced houses £139,675 and flats and maisonettes £99,750.
Are house prices going up in Spilsby?
The median was £177,750 in 2025, up 5% on 2024 (£170,000), and £178,750 in the last 12 months. A town’s median moves with the mix of homes sold each year as well as with prices.
How many homes sell in Spilsby each year?
46 standard sales were recorded in the last 12 months, against an average of 67 a year since 2015. Repossessions, company purchases and other non-standard sales aren’t counted.
What are the most expensive streets in Spilsby?
Among streets with five or more sales in three years: Boston Road (PE23, £250,250), Main Road (PE23, £215,000) and Shamfields Road (PE23, £180,000).
Is Spilsby expensive for Lincolnshire?
Spilsby is the 56th most expensive of 64 towns of 2,500 or more in Lincolnshire by median sale price.
Sources: HM Land Registry Price Paid, every standard sale since January 1995 (yearly files of 28 September 2026), inside the ONS 2022 built-up-area boundary by postcode (ONS Postcode Directory) · TownRatings grades: our own summary of the data, ranked against UK towns only. All under the Open Government Licence v3.0.
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Postcodes placed with the ONS Postcode Directory (contains OS data © Crown copyright and database right 2026; contains Royal Mail data © Royal Mail copyright and database right 2026).
Contains public sector information licensed under the Open Government Licence v3.0. Contains HM Land Registry data © Crown copyright and database right 2026. Contains OS data © Crown copyright and database right 2026 (ONS boundaries). Northern Ireland: Source: NISRA; contains Land & Property Services data and Ordnance Survey of Northern Ireland information, © Crown copyright, licensed under the Open Government Licence v3.0. Scotland: contains National Records of Scotland data, Registers of Scotland data and SEPA data, © Crown copyright / © SEPA 2025, licensed under the Open Government Licence v3.0.