6 Magellan Drive, Spilsby, PE23 5FB is a freehold semi-detached property built between 1996-2002. The property offers approximately 753 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 £182,875 , which equates to approximately £243 per square foot. It was last sold on 26 Oct 2020 for £145,000. Since then, the value has increased by £37,875, representing a 26.1% increase, or approximately 5.1% per year.

The current estimated value of £182,875 is:

  • 11.1% lower than the average property price on Magellan Drive
  • 11.6% lower than the average in the PE23 5FB postcode area
  • and 9.1% lower than the average price for Spilsby as a whole

At the most recent EPC inspection on 28 July 2020, 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
753 sq ft
Tenure
Freehold
Price (estimate)
£182,875
Price Per sq ft (estimate)
£243
Bedroom Count (estimate)
2 bedrooms

EPC Summary

6 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 28 Jul 2020.

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 Aug 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 11%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from good to average, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 200 mm loft insulation, with no change in energy efficiency (good).
  • The lighting was changed from low energy lighting in 90% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PE23 5FB

38 th / 39
Price Rank
12% lower than average
14 th / 28
Size Rank
11% smaller than average
21 st / 28
Price Per Sq FT Rank
0% same as average

Compared to other properties in PE23 5FB , this house's estimated value ranks 38th out of 39. Based on price per square foot, it ranks 21th 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 14th out of 28 properties in its postcode area.

Sale History

Today
£182,875
streetscan.co.uk estimate
+26 %
26 Oct 2020
£145,000
Leasehold
+22.4 %
23 Jan 2014
£118,500
Leasehold
+11.8 %
20 Feb 2004
£106,000
Leasehold
+89.5 %
10 Nov 2000
£55,950
Leasehold

Area Insights

Similar Properties Sold Nearby

1 Magellan Drive, Spilsby, PE23 5FB
rooms: 5
size: 732 sq ft
sale price: £178,000
sale date: 27 Aug 2024
35 Magellan Drive, Spilsby, PE23 5FB
rooms: 5
size: 678 sq ft
sale price: £177,000
sale date: 29 Aug 2023
14 Magellan Drive, Spilsby, PE23 5FB
rooms: 5
size: 725 sq ft
sale price: £142,500
sale date: 12 Feb 2021
42 Magellan Drive, Spilsby, PE23 5FB
rooms: 5
size: 721 sq ft
sale price: £143,500
sale date: 20 Oct 2020
18 Magellan Drive, Spilsby, PE23 5FB
rooms: 5
size: 852 sq ft
sale price: £122,000
sale date: 31 Oct 2016

Data Sources

The property at 6 Magellan Drive, Spilsby, PE23 5FB appears four times in the Land Registry records, with the latest transaction recorded on 26 Oct 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Jul 2020. 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.
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