2 Magellan Way, Derby, DE24 1AD is a freehold detached property built between 2003-2006. The property offers approximately 1,292 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 £353,150 , which equates to approximately £273 per square foot. It was last sold on 27 Jan 2023 for £350,000. Since then, the value has increased by £3,150, representing a 0.9% increase, or approximately 0.3% per year.

The current estimated value of £353,150 is:

  • 52.5% higher than the average property price on Magellan Way
  • 63.1% higher than the average in the DE24 1AD postcode area
  • and 46.1% higher than the average price for Derby as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 13 August 2024, the property was recorded as rented.

View sold house prices in DE24 1AD

Building approximate location

About Property

Type
Detached House
Built
2003-2006
Interior Size
1292 sq ft
Tenure
Freehold
Price (estimate)
£353,150
Price Per sq ft (estimate)
£273
Bedroom Count (estimate)
4 bedrooms

EPC Summary

2 Magellan Way, Derby, City Of Derby, DE24 1AD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 13 Aug 2024.

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.

The previous EPC assessment was conducted on 12 Apr 2013. The rating of C is unchanged, though the energy efficiency score decreased by 1.3%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, filled cavity, with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 62% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to DE24 1AD

7 th / 55
Price Rank
63% higher than average
11 th / 53
Size Rank
38% bigger than average
15 th / 53
Price Per Sq FT Rank
18% higher than average

Compared to other properties in DE24 1AD , this house's estimated value ranks 7th out of 55. Based on price per square foot, it ranks 15th out of 53 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 11th out of 53 properties in its postcode area.

Sale History

Today
£353,150
streetscan.co.uk estimate
+1 %
27 Jan 2023
£350,000
Leasehold
+55.6 %
12 Dec 2013
£225,000
Leasehold
-9 %
25 May 2007
£247,173
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 8
size: 1324 sq ft
sale price: £245,000
sale date: 14 Aug 2017

Data Sources

The property at 2 Magellan Way, Derby, DE24 1AD appears three times in the Land Registry records, with the latest transaction recorded on 27 Jan 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 Aug 2024. 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.