15 Magellan Drive

    15, MAGELLAN DRIVE, SPILSBY, PE23 5FB

    This detached freehold property on Magellan Drive last sold in October 2016 for £145,000. Based on price growth in the PE23 district since then, its estimated current value is £225,285 — placing it in the 31st percentile nationally and the 44th percentile within PE23. The property covers 102 m² (1,098 sq ft), giving an estimated value of £2,209 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,098 sq ft

    102 m²

    Last Sale Price

    £145,000

    Oct 2016

    Estimated Valuation

    £225,285

    Est. £/sq ft

    £205/sq ft

    £2,209/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,098 sq ft (102 m²)
    EPC dateNov 2013
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 Oct 2016

    £145,000

    4 Jun 2004

    £129,000

    20 Apr 2001

    New build

    £73,000

    Key Metrics

    Estimated valuation£225,285
    Value per sq ft / m²£205/sq ft (£2,209/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE23 district percentile44th percentile
    National percentile31st percentile

    District Context — PE23

    PE23 covers the area around Hunstanton and surrounding villages on the north Norfolk coast. It is a predominantly rural and coastal district with a long-established character centred on leisure and retirement.

    Average Property Price - PE23

    £276,895

    35

    National percentile

    Average Net Household Income - PE23

    £33,140

    20

    National percentile

    10-Year Annualised Price Growth - PE23

    4.1%

    69

    National percentile

    10-Year Annualised Rent Growth - PE

    4.2%

    68

    National percentile

    View full analysis for PE23

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