40 Magellan Drive, Spilsby, PE23 5FB is a freehold detached property built between 2003-2006. The property offers approximately 797 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 £173,266 , which equates to approximately £217 per square foot. It was last sold on 2 Aug 2024 for £170,000. Since then, the value has increased by £3,266, representing a 1.9% increase, or approximately 1.4% per year.

The current estimated value of £173,266 is:

  • 15.8% lower than the average property price on Magellan Drive
  • 16.2% lower than the average in the PE23 5FB postcode area
  • and 13.9% lower than the average price for Spilsby as a whole

At the most recent EPC inspection on 20 February 2021, the property was recorded as owner-occupied.

View sold house prices in PE23 5FB

Building approximate location

About Property

Type
Detached House
Built
2003-2006
Interior Size
797 sq ft
Tenure
Freehold
Price (estimate)
£173,266
Price Per sq ft (estimate)
£217
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40 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 20 Feb 2021.

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
No low energy lighting
Very Poor

Compared to PE23 5FB

9 th / 39
Price Rank
16% lower than average
9 th / 28
Size Rank
6% smaller than average
11 th / 28
Price Per Sq FT Rank
11% lower than average

Compared to other properties in PE23 5FB , this house's estimated value ranks 9th out of 39. Based on price per square foot, it ranks 11th out of 28 properties. In terms of size, this home ranks 9th out of 28 properties in its postcode area.

Sale History

Today
£173,266
streetscan.co.uk estimate
+2 %
2 Aug 2024
£170,000
Leasehold
-4.5 %
26 May 2021
£178,000
Leasehold
+69.5 %
22 Aug 2003
£105,000
Leasehold
+50.1 %
6 Jul 2001
£69,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 786 sq ft
sale price: £178,000
sale date: 18 Mar 2025
rooms: 5
size: 678 sq ft
sale price: £180,000
sale date: 26 May 2023
rooms: 5
size: 743 sq ft
sale price: £171,000
sale date: 26 Aug 2022
rooms: 4
size: 829 sq ft
sale price: £172,300
sale date: 12 May 2021
rooms: 5
size: 743 sq ft
sale price: £144,000
sale date: 28 Aug 2020

Data Sources

The property at 40 Magellan Drive, Spilsby, PE23 5FB appears four times in the Land Registry records, with the latest transaction recorded on 2 Aug 2024. It also has a single Energy Performance Certificate (EPC) from 20 Feb 2021. 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.