Magellan Drive - PE23 5FB
Key Street Insights
Magellan Drive is a residential street with 42 addresses.
It ranks as the 445th largest and 116th most expensive of the 506 streets in the PE23 area. The most common property type is a modern house built after 1980.
The street contains a total of 42 properties: 31 houses and 11 other properties.
- Ave. Sale Price
- £178,981
- 10 Year change
- up 34.5%
- Ave. Rental Price
- £875pcm
- 10 Year change
- up 46.8%
- Ave. £ per ft²
- £231/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Street Insights
Magellan Drive is a residential street with 42 addresses.
It ranks as the 445th largest and 116th most expensive of the 506 streets in the PE23 area. The most common property type is a modern house built after 1980.
The street contains a total of 42 properties: 31 houses and 11 other properties.
- Ave. Sale Price
- £178,981
- 10 Year change
- up 34.5%
- Ave. Rental Price
- £875pcm
- 10 Year change
- up 46.8%
- Ave. £ per ft²
- £231/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Properties on Magellan Drive, Spilsby, PE23
- Park Corner
House
- 1 Magellan Drive
2 Bed Modern House
- 2 Magellan Drive
House
- 3 Magellan Drive
2 Bed Modern House
- 4 Magellan Drive
3 Bed Modern House
Sales Market Trends
The last sale on Magellan Drive sold for £177,500 on 26th November 2025. Since then prices are up an average of 0.7%.
The current average value in the street is £178,981.
The Magellan Drive Sales Market has increased by 34.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.7% | £178,981 |
| June 2025 | -2.9% | £182,060 |
| June 2024 | -0.8% | £187,417 |
| June 2023 | 0.3% | £188,889 |
| June 2022 | 14.8% | £188,278 |
| June 2021 | 8.7% | £164,047 |
| June 2020 | 1.1% | £150,927 |
| June 2019 | 2.8% | £149,263 |
| June 2018 | 2.9% | £145,234 |
| June 2017 | 6% | £141,145 |
| June 2016 | 4.5% | £133,109 |
| June 2015 | 3.8% | £127,389 |
| June 2014 | 3.5% | £122,726 |
| June 2013 | 2% | £118,571 |
| June 2012 | 0% | £116,270 |
| June 2011 | -1.3% | £116,267 |
| June 2010 | 0.6% | £117,822 |
| June 2009 | -8.8% | £117,098 |
| June 2008 | -2.4% | £128,374 |
| June 2007 | 0% | £131,578 |
Rental Market Trends
The current average rental value in the street is £875.
The Magellan Drive Rental Market has increased by 46.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £875pcm |
| June 2025 | 5.5% | £838pcm |
| June 2024 | 4.6% | £794pcm |
| June 2023 | 6.6% | £759pcm |
| June 2022 | 7.5% | £712pcm |
| June 2021 | 5.6% | £662pcm |
| June 2020 | 2.2% | £627pcm |
| June 2019 | 0.2% | £614pcm |
| June 2018 | 1.1% | £613pcm |
| June 2017 | 1.7% | £606pcm |
| June 2016 | 2.9% | £596pcm |
| June 2015 | 3.1% | £579pcm |
| June 2014 | 2.4% | £562pcm |
| June 2013 | 1.9% | £549pcm |
| June 2012 | 0.3% | £539pcm |
| June 2011 | 1.4% | £537pcm |
| June 2010 | 5.8% | £530pcm |
| June 2009 | -4.7% | £501pcm |
| June 2008 | 0.6% | £525pcm |
| June 2007 | 0% | £522pcm |
Sales History
The last recorded sale was on 26th November 2025 for £177,500 and since then the market in the area has increased by 0.7%.
Magellan Drive, Spilsby, PE23 has had 3 sales since 1995, with 3 in the last three years and 2 in the last twelve months.
- Sold Nov 2025£177,500 | 2 Bed House42, Magellan Drive, Spilsby, PE23 5FB42, Magellan Drive, Spilsby, PE23 5FB
- Sold Oct 2025£185,000 | 3 Bed House34, Magellan Drive, Spilsby, PE23 5FB34, Magellan Drive, Spilsby, PE23 5FB
- Sold Mar 2025£178,000 | 2 Bed House27, Magellan Drive, Spilsby, PE23 5FB27, Magellan Drive, Spilsby, PE23 5FB
Top 3 Most Expensive Sales
- Sold Oct 2025£185,000 | 3 Bed House34, Magellan Drive, Spilsby, PE23 5FB34, Magellan Drive, Spilsby, PE23 5FB
- Sold May 2023£180,000 | 2 Bed House38, Magellan Drive, Spilsby, PE23 5FB38, Magellan Drive, Spilsby, PE23 5FB
- Sold May 2021£178,000 | 3 Bed House40, Magellan Drive, Spilsby, PE23 5FB40, Magellan Drive, Spilsby, PE23 5FB
Nearby Streets
Magellan Drive, Spilsby, PE23 is the 445th largest and the 116th most expensive street in the PE23 area.
- Vale Court, Spilsby, PE235 Addresses|82 m away
- Resolute Close, Spilsby, PE2311 Addresses|87 m away
- Erebus Close, Spilsby, PE2315 Addresses|99 m away
- Raleigh Court, Spilsby, PE234 Addresses|103 m away
- Talbot Close, Spilsby, PE2315 Addresses|168 m away
- Lady Jane Franklin Drive, Spilsby, PE2368 Addresses|194 m away
Property Types
- 29 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 11 other addresses of unknown type
- modern house (29)
- mid-century house (2)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 31 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (22)
- G (0)
- D (9)
- No EPC (11)
Schools Nearby
- Spilsby Primary School700 m away
- Halton Holegate CofE Primary School1.5 km away
- Toynton All Saints Primary School2.4 km away
- King Edward VI Academy900 m away
- William Lovell Church of England Academy10.8 km away
- Queen Elizabeth's Grammar Alford - A Selective Academy11.0 km away
More reading links
Public Transport Nearby
The closest station to Magellan Drive, Spilsby, PE23 - PE23 5FB is Thorpe Culvert station, which is 8.5 kilometres away.
- Thorpe Culvert|8.5 km away
- Wainfleet|11.6 km away
- Havenhouse|13.2 km away
