14 Magellan Drive, Spilsby, PE23 5FB is a freehold semi-detached property built between 1996-2002. The property offers approximately 725 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £172,013 , which equates to approximately £238 per square foot. It was last sold on 12 Feb 2021 for £142,500. Since then, the value has increased by £29,513, representing a 20.7% increase, or approximately 4.3% per year.

The current estimated value of £172,013 is:

  • 16.4% lower than the average property price on Magellan Drive
  • 16.8% lower than the average in the PE23 5FB postcode area
  • and 14.5% lower than the average price for Spilsby as a whole

View sold house prices in PE23 5FB

Building approximate location

About Property

Type
Semi-Detached House
Built
1996-2002
Interior Size
725 sq ft
Tenure
Freehold
Price (estimate)
£172,013
Price Per sq ft (estimate)
£238
Bedroom Count (estimate)
2 bedrooms

EPC Summary

14 Magellan Drive, Spilsby, East Lindsey, Lincolnshire, PE23 5FB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Aug 2011.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 12% of fixed outlets
Poor

Compared to PE23 5FB

25 th / 39
Price Rank
17% lower than average
24 th / 28
Size Rank
15% smaller than average
8 th / 28
Price Per Sq FT Rank
2% lower than average

Compared to other properties in PE23 5FB , this house's estimated value ranks 25th out of 39. Based on price per square foot, it ranks 8th out of 28 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 24th out of 28 properties in its postcode area.

Sale History

Today
£172,013
streetscan.co.uk estimate
+21 %
12 Feb 2021
£142,500
Leasehold
+42.6 %
6 Feb 2004
£99,950
Leasehold
+37 %
14 Jun 2002
£72,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 732 sq ft
sale price: £178,000
sale date: 27 Aug 2024
rooms: 5
size: 678 sq ft
sale price: £177,000
sale date: 29 Aug 2023
rooms: 5
size: 753 sq ft
sale price: £145,000
sale date: 26 Oct 2020
rooms: 5
size: 721 sq ft
sale price: £143,500
sale date: 20 Oct 2020
rooms: 4
size: 721 sq ft
sale price: £120,000
sale date: 6 Nov 2015

Data Sources

The property at 14 Magellan Drive, Spilsby, PE23 5FB appears three times in the Land Registry records, with the latest transaction recorded on 12 Feb 2021. It also has a single Energy Performance Certificate (EPC) from 23 Aug 2011. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.