18 Magellan Drive, Spilsby, PE23 5FB is a freehold semi-detached property built between 1996-2002. The property offers approximately 852 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 £178,294 , which equates to approximately £210 per square foot. It was last sold on 31 Oct 2016 for £122,000. Since then, the value has increased by £56,294, representing a 46.1% increase, or approximately 5.1% per year.

The current estimated value of £178,294 is:

  • 13.3% lower than the average property price on Magellan Drive
  • 13.8% lower than the average in the PE23 5FB postcode area
  • and 11.4% lower than the average price for Spilsby as a whole

At the most recent EPC inspection on 7 October 2009, 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
852 sq ft
Tenure
Freehold
Price (estimate)
£178,294
Price Per sq ft (estimate)
£210
Bedroom Count (estimate)
2 bedrooms

EPC Summary

18 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 7 Oct 2009.

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, 200mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 60% of fixed outlets
Good

Compared to PE23 5FB

14 th / 39
Price Rank
14% lower than average
7 th / 28
Size Rank
0% same size than average
22 nd / 28
Price Per Sq FT Rank
14% lower than average

Compared to other properties in PE23 5FB , this house's estimated value ranks 14th out of 39. Based on price per square foot, it ranks 22th 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 7th out of 28 properties in its postcode area.

Sale History

Today
£178,294
streetscan.co.uk estimate
+46 %
31 Oct 2016
£122,000
Leasehold
+6.1 %
27 Jun 2011
£115,000
Leasehold
+71.6 %
2 Nov 2001
£67,000
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: 725 sq ft
sale price: £142,500
sale date: 12 Feb 2021
rooms: 5
size: 753 sq ft
sale price: £145,000
sale date: 26 Oct 2020
rooms: 4
size: 731 sq ft
sale price: £110,000
sale date: 2 Sep 2013
rooms: 4
size: 764 sq ft
sale price: £118,250
sale date: 28 Oct 2004

Data Sources

The property at 18 Magellan Drive, Spilsby, PE23 5FB appears three times in the Land Registry records, with the latest transaction recorded on 31 Oct 2016. It also has a single Energy Performance Certificate (EPC) from 7 Oct 2009. 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.