Property profile

10 Franklin Square

Map showing 10 Franklin Square, Spilsby

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£115,000

Terraced sold in Spilsby

The box shows the middle 50% of terraced sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold12 Jan 2023
£85,000Change since last sale: +£30,000 (+35%)
Annualised change
+8.3% per yearEast Lindsey annualised change (terraced) since 2023: −0.5% per yearThis property outperformed the market
Price per sq ftLocal median £200 per sq ft
£181 per sq ftEstimate vs local median: −£20 per sq ft (−9.8%)
Local sold pricesMedian for terraced in Spilsby
£137,925Estimate vs local median: −£23,000 (−17%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / End-Terrace
TenureFreehold
Construction periodbefore 1900
Floor area59 m² / 635 sq ft
Rooms3 habitable / 3 heated
EPC ratingE
EPC inspection13 Oct 2022

Sales history

DatePriceChange
12 Jan 2023£85,000+55%
16 Jun 2020£55,000+10%
28 Mar 2014£50,000-

Local market

Property prices in Spilsby

Median price: £167,500
Price per sq ft: £209
Sales (last 12 months): 40
Typical range (middle 50%): £139K – £201K

Based on 40 recent sales, the median property price is £167,500 (about £209 per square foot) in Spilsby area, with individual transactions ranging from £69,000 up to £550,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Spilsby over the last year.
TypeSalesMedian£/sq ft
Detached12£229,750£261
Semi-Detached12£157,500£206
Terraced14£137,925£200
Flats2£85,500£140

10-year price trendmedian sale price in Spilsby

Sale price

Ten year median sale price trend for each property type in Spilsby.
YearDetachedSemi-DetachedTerraced
2016£167,500£119,750£95,000
2017£177,500£127,225£104,750
2018£180,250£128,000£124,750
2019£223,750£138,000£123,000
2020£190,000£142,000£132,000
2021£219,700£138,000£102,500
2022£240,000£158,500£140,000
2023£240,000£165,000£145,000
2024£260,000£162,000£127,500
2025£223,000£154,700£142,000
2026£220,000£154,000£135,000
Ten year median sale price trend for each property type in Spilsby.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Spilsby.
YearDetachedSemi-DetachedTerraced
2016£174£125£126
2017£178£165£116
2018£208£157£139
2019£183£172£164
2020£192£179£132
2021£200£178£136
2022£283£223£161
2023£229£225£142
2024£243£195£185
2025£251£202£202
2026£213£214£149
Ten year median sale price per square foot trend for each property type in Spilsby.

Price distribution by property typelast 12 months

Price distribution by property type for Spilsby in the last year.

Recent sales

There were 46 recent sold properties in the last 18 months near PE23 5JD.

Recent sold properties in the last 18 months near PE23 5JD
DateAddressTypeTenurePriceMap
16 Jun 20264, Franklin Square, Spilsby, PE23 5JDTerracedLeasehold£80,000
24 Oct 202535, Reynard Street, Spilsby, PE23 5JBTerracedFreehold£70,000
25 Jun 202526, Reynard Street, Spilsby, PE23 5JBSemi-DetachedLeasehold£80,000
27 Jul 202639, High Street, Spilsby, PE23 5JHOtherFreehold£120,000
14 May 202526 - 28, High Street, Spilsby, PE23 5JHOtherFreehold£140,000

Other properties at this postcode

AddressTenureFloor areaLast sale
1 Franklin Square, SpilsbyFreehold86 m²£86,000 (2022)
4 Franklin Square, SpilsbyLeasehold50 m²£80,000 (2026)
4A Franklin Square, Spilsby, SpilsbyLeasehold68 m²£80,000 (2021)
7, Franklin Square, SpilsbyFreehold100 m²£105,000 (2022)
11 Franklin Square, SpilsbyFreehold65 m²£85,000 (2023)

Area insights for PE23 5JD

Full area profile →

Overview

Postcode PE23 5JD is located in a rural town, within the Spilsby area of East Lindsey in the East Midlands region, and forms part of the Spilsby & Burgh le Marsh area. It has high deprivation and average crime levels, with around 62.6 crimes per 1,000 residents per year, about 35% below the East Midlands average of 96 per 1,000. The average income per household in Spilsby & Burgh le Marsh is £39,375 per year. The median sale price in Spilsby is £167,500 (around £209 per square foot), with typical sale prices between £138,638 and £200,500. The nearest station is Thorpe Culvert, about 5.5 miles away. There are 1 primary and 1 secondary schools in the area.

Crime rate
6/10
Crimes per 1k residents
63
Deprivation level
7/10
Income level
1/10
Social housing
8.2%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

7/10

Spilsby & Burgh le Marsh has a high level of deprivation, ranked at position 11,756 out of 32,844 areas in England, placing it within the top 36% most deprived areas in England.

Crime level

6/10

Spilsby & Burgh le Marsh has an average crime rate, with approximately 62.6 reported incidents per 1,000 population each year.

Social housing

8.2%

Approximately 8.2% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 11.6% of dwellings are socially rented.

Income level

1/10

The average income per household in Spilsby & Burgh le Marsh is £39,375 per year.

Noise Level

No noise

No significant noise sources from railways or roads near PE23 5JD.

Flood risk

No risk

Spilsby & Burgh le Marsh near PE23 5JD has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Thorpe Culvert located about 5.5 miles away. There are no other stations nearby.

Parks

No parks nearby

Area Profile

Population
448
Population density
229.7 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
33.22(-4%)
Anti-social behaviour
22.88(+35%)
Criminal damage and arson
11.98(+61%)
Public order
5.45(-21%)
Shoplifting
4.9(-44%)
East Midlands average

Demographics

Ethnic groups

British
426
95.3%
Roma
5
1.12%
Other
5
1.12%
White and Black Caribbean (mixed)
4
0.89%
Other Mixed or Multiple ethnic groups
3
0.67%
Total population: 447

Economics

Education (age 16+)

No qualifications
90
25.86%
Level 4+ (Degree)
74
21.26%
Level 3 (A level)
58
16.67%
Level 2 (GCSEs 9-4)
48
13.79%
Level 1 (GCSEs 3-1)
39
11.21%
Total 16+ residents: 348

Housing

Housing tenure

Owns outright
89
43%
Owns with a mortgage
47
22.71%
Private landlord or letting agency
47
22.71%
Other social rented
15
7.25%
Other forms of private rent
7
3.38%
Total households: 207

Schools

In the PE23 5JD postcode area, located within Spilsby & Burgh le Marsh, there are 1 primary and 1 secondary schools in close proximity.

Ratings include official Ofsted judgements and Area360 summaries of inspection grades. Open a school’s inspection details to see the full breakdown.

Nearby schools for PE23 5JD
DistancePhaseNameTypeRatingLinks
0.1 miPrimarySpilsby Primary SchoolAcademy converter
0.2 miSecondaryKing Edward VI AcademyAcademy sponsor led
0.3 miNot applicableThe Eresby School, SpilsbyAcademy special converter

Local amenities

4 nearby supermarkets & convenience stores within 0.5 mi of PE23 5JD

Nearby supermarkets & convenience stores for PE23 5JD
DistanceNameAddressDirections
0.1 miThe Tuck Shop51 High Street, Spilsby, PE23 5JHWalking directions to The Tuck Shop
0.1 miLincolnshire Co-opPost Office Lane, Spilsby, PE23 5JEWalking directions to Lincolnshire Co-op
0.2 miSainsbury'sBoston Road, Spilsby, PE23 5HDWalking directions to Sainsbury's
0.2 miCostcutter24A Boston Road, Spilsby, PE23 5HGWalking directions to Costcutter