Our Data Sources
1, Magellan Drive, Spilsby has 61 entries in the Land Registry, most recently in August 2024 and a single entry in the EPC database dated April 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Magellan Drive, Spilsby, we estimate a market value of £177,435 and a rental value of £885 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £157,157 and £784 per month respectively.
Plot Size
HM Land Registry records the plot of land for 1, Magellan Drive, Spilsby as measuring 232 m2.
That makes it the 21st largest plot in the postcode, where 39 of the 42 other houses have recorded plot data.
Energy Efficiency
1, Magellan Drive, Spilsby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators (mains gas).
Sold Prices
The most recent sale of 1, Magellan Drive, Spilsby completed on 27th August 2024 at £178,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 6 times.
Values of comparable properties have risen by 19.6% over the period since August 2024.
- Sold Aug 2024£178,000
- Sold Jul 2022£173,000
- Sold Jan 2021£147,000
Similar Properties Sold Nearby
Since 2019 124 properties similar to 1, Magellan Drive, Spilsby have sold within a radius of 2.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th January 2026, was 12, Fitzjames Close, Spilsby, PE23 5NL, a freehold house which sold for £130,000.
Read more about house prices in PE23.
- Sold Jan 2026£130,000 | 2 Bed House12, Fitzjames Close, Spilsby, PE23 5NL12, Fitzjames Close, Spilsby, PE23 5NL
- Sold Nov 2025£177,500 | 2 Bed House42, Magellan Drive, Spilsby, PE23 5FB42, Magellan Drive, Spilsby, PE23 5FB
- Sold Sep 2025£155,000 | 2 Bed House3, Raleigh Court, Spilsby, PE23 5JN3, Raleigh Court, Spilsby, PE23 5JN
- Sold Mar 2025£165,000 | 2 Bed House3, Shamfields Road, Spilsby, PE23 5NN3, Shamfields Road, Spilsby, PE23 5NN
- Sold Mar 2025£178,000 | 2 Bed House27, Magellan Drive, Spilsby, PE23 5FB27, Magellan Drive, Spilsby, PE23 5FB
Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Explore Nearby Properties
The surrounding properties have an average estimated value of £197,995, ranging from £157,302 to £265,842.
- 3 Magellan Drive
2 Bed House | 6 m | Est. Value: £173,164
- 7 Magellan Drive
2 Bed House | 26 m | Est. Value: £178,312
- 1A Vale Road
3 Bed House | 27 m | Est. Value: £240,120
- 4 Magellan Drive
3 Bed House | 28 m | Est. Value: £182,777
- 6 Magellan Drive
2 Bed House | 29 m | Est. Value: £175,756
Location Comparison
Of the 42 addresses on Magellan Drive, Spilsby, PE23, 1, Magellan Drive, Spilsby comes out as the 31st largest and the 29th most expensive in our analysis of the public data.
It is also £69k less expensive than the average property across the PE23 district.
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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
- Thorpe Culvert|8.5 km away
- Wainfleet|11.6 km away
- Havenhouse|13.2 km away
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast Broadband available in this area.
Risk of Flooding
The flood risk here is rated Very Low, based on Environment Agency data.
