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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 8, Magellan Way, Spalding is a modern freehold house with 1,603 ft2 of internal area and sits on a 456 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Magellan Way, Spalding is £336,676 and the estimated rental value is £1,217 per month.
Magellan Way, Spalding, PE11 is located in the borough of South Holland within the PE11 postal district.
8, Magellan Way, Spalding has 51 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated November 2019.
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.
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 8, Magellan Way, Spalding is in very good condition we estimate a sale value of £353,510 and a rental value of £1,278 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,109 and a rental value of £1,132 per month.
Over the last 12 months the sale value of 8 Magellan Way Spalding has decreased by an estimated £21,557 (6.4%) and its rental value has increased by an estimated £12 per month (1.0%), giving an expected gross yield of 4.3%.
According to data from HM Land Registry, 8, Magellan Way, Spalding sits on a plot of 456m2.
We have plot size data on 13 out of 13 other houses in the postcode and 8, Magellan Way, Spalding sits on the 4th largest plot.
8, Magellan Way, Spalding has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Magellan Way, Spalding was last sold on 28th February 2024 for £340,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since February 2024, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Magellan Way, Spalding within a radius of 640 metres over the last 2 years.
The most recent example is 8, Hudson Road, Spalding, PE11 2FB, a freehold house which sold for £448,000 on the 25th July 2025.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Magellan Way, Spalding, PE11 has a total of 21 addresses. According to our analysis of all the public data, 8, Magellan Way, Spalding is the largest and the most expensive property on the street.
When compared to the postcode district it is £119k more expensive than the average property in PE11.
The closest station to 8, Magellan Way, Spalding is Spalding station which is 1.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, Magellan Way, Spalding, 42.5% of property is privately owned with a mortgage and 32.7% is privately rented.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8, Magellan Way, Spalding, 25.3% of residents are recorded as possessing school level qualifications and 28.2% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Magellan Way, Spalding, the average age was 42.3 and the most common age was 32.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8, Magellan Way, Spalding, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8, Magellan Way, Spalding, there are an average of 1.5 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.
