41 Magellan Drive

    41, MAGELLAN DRIVE, SPILSBY, PE23 5FB

    This detached freehold property on Magellan Drive last sold in August 2020 for £144,000. Based on price growth in the PE23 district since then, its estimated current value is £178,908 — placing it in the 19th percentile nationally and the 27th percentile within PE23. The property covers 69 m² (743 sq ft), giving an estimated value of £2,593 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £144,000

    Aug 2020

    Estimated Valuation

    £178,908

    Est. £/sq ft

    £241/sq ft

    £2,593/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area743 sq ft (69 m²)
    EPC dateMar 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Aug 2020

    £144,000

    20 Jul 2001

    New build

    £60,000

    Key Metrics

    Estimated valuation£178,908
    Value per sq ft / m²£241/sq ft (£2,593/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PE23 district percentile27th percentile
    National percentile19th 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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