8 Magellan Way

    8, MAGELLAN WAY, SPALDING, PE11 2FH

    This detached freehold property on Magellan Way last sold in February 2024 for £340,000. Based on price growth in the PE11 district since then, its estimated current value is £334,193 — placing it in the 56th percentile nationally and the 84th percentile within PE11. The property covers 149 m² (1,604 sq ft), giving an estimated value of £2,243 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,604 sq ft

    149 m²

    Last Sale Price

    £340,000

    Feb 2024

    Estimated Valuation

    £334,193

    Est. £/sq ft

    £208/sq ft

    £2,243/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,604 sq ft (149 m²)
    EPC dateNov 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Feb 2024

    £340,000

    14 Sept 2020

    £305,000

    21 Apr 2011

    £205,000

    11 Sept 2007

    £219,000

    5 Apr 2001

    New build

    £129,950

    Key Metrics

    Estimated valuation£334,193
    Value per sq ft / m²£208/sq ft (£2,243/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE11 district percentile84th percentile
    National percentile56th percentile

    District Context — PE11

    PE11 covers King's Lynn and the surrounding areas of west Norfolk, located in the East Anglia region of eastern England. It is a mixed community with a blend of town-centre housing, rural properties, and employment across manufacturing, agriculture, and services.

    Average Property Price - PE11

    £242,952

    26

    National percentile

    Average Net Household Income - PE11

    £34,638

    29

    National percentile

    10-Year Annualised Price Growth - PE11

    3.9%

    63

    National percentile

    10-Year Annualised Rent Growth - PE

    4.2%

    68

    National percentile

    View full analysis for PE11

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