In 2016, Pitchfork ranked Spooky at number 27 on its list of "The 50 Best Shoegaze Albums of All Time". In the album's entry, Paula Mejia said:
Shortly after the release of their debut album, Spooky, Lush were invited to play Lollapalooza's mainstage by Perry Farrell himself. It helped the London quartet break through stateside, but was still a less-than-likely festival booking—because, unlike other rock records of the early 1990s, Spooky doesn't rely on blistering noise to make its points. Its brilliant intricacies remain best appreciated alone, through headphones, and preferably in a room where long shadows creep onto the walls. Each element in the mix—from the caffeinated basslines in "For Love" to the reverbed guitars in "Fantasy"—is layered on thickly yet proportionately. Its lyrical themes, which range from hazy dreams to long-lost friends, are helmed adroitly by co-vocalists and guitarists Emma Anderson and Miki Berenyi—together, they set a template for the kind of wistful musings that shoegaze became known for. Their incantations are only frightening in how wonderful they are.