3, Magellan Drive, PE23 5FB
3 Magellan Drive is a 68 m² / 732 sq ft detached home in Spilsby. It sold for £75,000 in September 2002, recorded as a new-build sale. Indexed forward to today's value, that sale is roughly £164k. Recent local prices imply a broad valuation context of £126k to £186k based on its internal area. The Land Registry and EPC data was last updated 1 June 2026.
- Sale history
-
£75,000 on Sep 2002 New build New
- Internal area
- 68 square metres (732 square feet) according to latest EPC inspection
- Price per internal area
-
This property sold for £1,102 per square metre (£102 per square foot) in Sep 2002. Indexed forward to today's value, this is roughly £2,412 per square metre (£224 per square foot) .
Date Paid price Paid £/sqm Today's value Today's value £/sqm Sep 2002 £75,000 £1,103 £163,984 £2,412 Calculated using the latest EPC internal area of 68 m². Earlier sale dates may not have had the same measured area available.
- Valuation
- The most recent sale price indexed forward to today's value is £163,984. This is one data point to inform the valuation. Another method is the valuation implied by what comparable homes are selling for. Homes in Spilsby are now selling for between £1,850 and £2,730 per square metre (£171 and £253 per square foot). Based on an internal area of 68 m², this implies a valuation between £126,000 and £186,000. Treat this as context only. For a valuation using hand-picked comparable sales, use the Advanced search tool — create a shortlist of similar condition homes, then export a valuation report.
- Bedrooms
- na
- Type
- Detached
- Council tax band
- B
- Plot size
- 255 square metres (2,745 square feet) - map showing freehold boundary lines
- Summary:
- 18 August 2015 - energy performance certificate grade C
- Certificate:
- View energy certificate on GOV.UK
- Reason for EPC:
- Rental
- Tenure:
- Owner-occupied
- Property type:
- Semi-Detached House , has 4 habitable rooms. Estimated year built 1996 to 2002
- Area:
- 68 sqm (732 square foot) total internal area
- Comments:
- Walls: Cavity wall, as built, insulated (assumed). Roof: Pitched, 150 mm loft insulation. Heating: Boiler and radiators, mains gas.
3 Magellan Drive is worth whatever price a willing buyer and seller agree upon. However, the following can provide useful context.
- HouseMetric estimates the most recent sale price indexed forward to today's value is £163,984.
- Based on an internal area of 68 m² and recent prices in Spilsby, this implies a lower and upper quartile range from £126,000 to £186,000, using HouseMetric's implied valuation methodology.
For more detail on HouseMetric data sources, update frequency and valuation methods, see the HouseMetric FAQs.