16 Magellan Drive, Spilsby, PE23 5FB is a freehold terraced property built between 1996-2002. The property offers approximately 1,324 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 £214,043 , which equates to approximately £162 per square foot. It was last sold on 29 Nov 2019 for £173,000. Since then, the value has increased by £41,043, representing a 23.7% increase, or approximately 3.9% per year.

The current estimated value of £214,043 is:

  • 4.0% higher than the average property price on Magellan Drive
  • 3.5% higher than the average in the PE23 5FB postcode area
  • and 6.4% higher than the average price for Spilsby as a whole

At the most recent EPC inspection on 22 July 2019, the property was recorded as owner-occupied.

View sold house prices in PE23 5FB

Building approximate location

About Property

Type
Semi-Detached House
Built
1996-2002
Interior Size
1324 sq ft
Tenure
Freehold
Price (estimate)
£214,043
Price Per sq ft (estimate)
£162
Bedroom Count (estimate)
4 bedrooms

EPC Summary

16 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 22 Jul 2019.

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, 250 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 53% of fixed outlets
Good

Compared to PE23 5FB

29 th / 39
Price Rank
4% higher than average
2 nd / 28
Size Rank
56% bigger than average
27 th / 28
Price Per Sq FT Rank
34% lower than average

Compared to other properties in PE23 5FB , this house's estimated value ranks 29th out of 39. Based on price per square foot, it ranks 27th 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 2nd out of 28 properties in its postcode area.

Sale History

Today
£214,043
streetscan.co.uk estimate
+24 %
29 Nov 2019
£173,000
Leasehold
+166.2 %
26 Apr 2002
£65,000
Leasehold

Area Insights

Nearby Properties

rooms: 4
size: 1098 sq ft
sale price: £145,000
sale date: 13 Oct 2016
rooms: 5
size: 852 sq ft
sale price: £122,000
sale date: 31 Oct 2016
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: 678 sq ft
sale price: £145,000
sale date: 21 Oct 2005

Data Sources

The property at 16 Magellan Drive, Spilsby, PE23 5FB appears two times in the Land Registry records, with the latest transaction recorded on 29 Nov 2019. It also has a single Energy Performance Certificate (EPC) from 22 Jul 2019. 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.