Our Data Sources
40, Magellan Drive, Spilsby has 41 entries in the Land Registry, most recently in August 2024 and a single entry in the EPC database dated February 2021.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 40, Magellan Drive, Spilsby is in very good condition we estimate a sale value of £193,991 and a rental value of £971 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,820 and a rental value of £860 per month.
Plot Size
According to data from HM Land Registry, 40, Magellan Drive, Spilsby sits on a plot of 308 m2.
We have plot size data on 39 out of 42 other houses in the postcode and 40, Magellan Drive, Spilsby sits on the 4th largest plot.
Energy Efficiency
40, Magellan Drive, Spilsby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Feb 2021.
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
According to HM Land Registry, 40, Magellan Drive, Spilsby was last sold on 2nd August 2024 for £170,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since August 2024, the market for similar properties has risen by 19.4%.
- Sold Aug 2024£170,000
- Sold May 2021£178,000
- Sold Aug 2003£105,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 152 sales of properties similar to 40, Magellan Drive, Spilsby within a radius of 2.0 kilometres since 2020.
The most recent example is 34, Lady Jane Franklin Drive, Spilsby, PE23 5GB, a freehold house which sold for £175,000 on the 20th March 2026.
Read more about house prices in PE23.
- Sold Mar 2026£175,000 | 3 Bed House34, Lady Jane Franklin Drive, Spilsby, PE23 5GB34, Lady Jane Franklin Drive, Spilsby, PE23 5GB
- Sold Nov 2025£235,000 | 2 Bed House33, Tasman Road, Spilsby, PE23 5LN33, Tasman Road, Spilsby, PE23 5LN
- 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 Jul 2025£180,000 | 3 Bed House7, Franklin Way, Spilsby, PE23 5GG7, Franklin Way, Spilsby, PE23 5GG
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 £178,894, ranging from £162,499 to £245,522.
- 38 Magellan Drive
2 Bed House | 10 m | Est. Value: £166,516
- 36 Magellan Drive
3 Bed House | 18 m | Est. Value: £195,952
- 42 Magellan Drive
2 Bed House | 21 m | Est. Value: £167,708
- 41 Magellan Drive
2 Bed House | 26 m | Est. Value: £174,464
- 34 Magellan Drive
3 Bed House | 28 m | Est. Value: £189,744
Location Comparison
Magellan Drive, Spilsby, PE23 has a total of 42 addresses. According to our analysis of all the public data, 40, Magellan Drive, Spilsby is the 11th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in PE23.
More reading links
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
According to recent data from Ofcom, Superfast Broadband is available in this area.
According to recent data from Ofcom, Superfast Broadband available in this area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be Very Low.
