15 Magellan Drive, Spilsby, PE23 5FB is a freehold detached property built between 1991-1995. The property offers approximately 1,098 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £205,453 , which equates to approximately £187 per square foot. It was last sold on 13 Oct 2016 for £145,000. Since then, the value has increased by £60,453, representing a 41.7% increase, or approximately 4.6% per year.

The current estimated value of £205,453 is:

  • 0.1% lower than the average property price on Magellan Drive
  • 0.7% lower than the average in the PE23 5FB postcode area
  • and 2.1% higher than the average price for Spilsby as a whole

At the most recent EPC inspection on 15 November 2013, the property was recorded as owner-occupied.

View sold house prices in PE23 5FB

Building approximate location

About Property

Type
Detached House
Built
1991-1995
Interior Size
1098 sq ft
Tenure
Freehold
Price (estimate)
£205,453
Price Per sq ft (estimate)
£187
Bedroom Count (estimate)
4 bedrooms

EPC Summary

15 Magellan Drive, Spilsby, East Lindsey, Lincolnshire, PE23 5FB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 15 Nov 2013.

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 the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
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 89% of fixed outlets
Very Good

Compared to PE23 5FB

6 th / 39
Price Rank
1% lower than average
4 th / 28
Size Rank
29% bigger than average
25 th / 28
Price Per Sq FT Rank
23% lower than average

Compared to other properties in PE23 5FB , this house's estimated value ranks 6th out of 39. Based on price per square foot, it ranks 25th out of 28 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 4th out of 28 properties in its postcode area.

Sale History

Today
£205,453
streetscan.co.uk estimate
+42 %
13 Oct 2016
£145,000
Leasehold
+12.4 %
4 Jun 2004
£129,000
Leasehold
+76.7 %
20 Apr 2001
£73,000
Leasehold

Area Insights

Nearby Properties

rooms: 5
size: 1324 sq ft
sale price: £173,000
sale date: 29 Nov 2019
rooms: 5
size: 725 sq ft
sale price: £142,500
sale date: 12 Feb 2021
rooms: 4
size: 1206 sq ft
sale price: £67,950
sale date: 26 Apr 2002
rooms: 5
size: 852 sq ft
sale price: £122,000
sale date: 31 Oct 2016
rooms: 4
size: 775 sq ft
sale price: £54,950
sale date: 22 Sep 2000

Data Sources

The property at 15 Magellan Drive, Spilsby, PE23 5FB appears three times in the Land Registry records, with the latest transaction recorded on 13 Oct 2016. It also has a single Energy Performance Certificate (EPC) from 15 Nov 2013. 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.