7 Magellan Drive, Spilsby, PE23 5FB is a freehold detached property built between 1996-2002. The property offers approximately 775 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 £209,294 , which equates to approximately £270 per square foot. It was last sold on 4 Oct 2006 for £135,000. Since then, the value has increased by £74,294, representing a 55.0% increase, or approximately 2.9% per year.

The current estimated value of £209,294 is:

  • 1.7% higher than the average property price on Magellan Drive
  • 1.2% higher than the average in the PE23 5FB postcode area
  • and 4.0% higher than the average price for Spilsby 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 4 November 2022, the property was recorded as rented.

View sold house prices in PE23 5FB

Building approximate location

About Property

Type
Detached House
Built
1996-2002
Interior Size
775 sq ft
Tenure
Freehold
Price (estimate)
£209,294
Price Per sq ft (estimate)
£270
Bedroom Count (estimate)
2 bedrooms

EPC Summary

7 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 4 Nov 2022.

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 19 Sep 2012, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 9.5%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from good to very good.
  • The lighting was updated from low energy lighting in 56% 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, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PE23 5FB

17 th / 39
Price Rank
1% higher than average
12 th / 28
Size Rank
9% smaller than average
15 th / 28
Price Per Sq FT Rank
11% higher than average

Compared to other properties in PE23 5FB , this house's estimated value ranks 17th out of 39. Based on price per square foot, it ranks 15th out of 28 properties. In terms of size, this home ranks 12th out of 28 properties in its postcode area.

Sale History

Today
£209,294
streetscan.co.uk estimate
+55 %
4 Oct 2006
£135,000
Leasehold
+117.7 %
17 Nov 2000
£62,000
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: 797 sq ft
sale price: £170,000
sale date: 2 Aug 2024
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

Data Sources

The property at 7 Magellan Drive, Spilsby, PE23 5FB appears two times in the Land Registry records, with the latest transaction recorded on 4 Oct 2006. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Nov 2022. 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.