1/20

3 bed house for sale Magellan Drive, Spilsby, PE23

Asking price

£155,000

Reduced on 13/10/2026

Type: Semi-detached
Bedrooms: 3
Bathrooms: 1
Size: £197 per sq ft
Tenure: Freehold

Key features

Semi-detached house
Three bedrooms
Lounge & dining room
Kitchen & bathroom
Driveway & garage
Enclosed rear garden
Gas central heating
Double glazing

About this property

Situated towards the end of a peaceful cul-de-sac, this well-positioned semi-detached home offers a convenient location within easy walking distance of Spilsby town centre and its wide range of amenities.

The ground floor accommodation includes a porch and entrance hall, a spacious lounge, a separate dining room and a fitted kitchen. Upstairs, there are three bedrooms and a family bathroom.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,517
Band B

£1,770
Band C

£2,023
Band D

£2,276
Band E

£2,782
Band F

£3,287
Band G

£3,793
Band H

£4,552

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In East Lindsey, 2026/27 bills run from £1,517 a year in band A to £4,552 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across East Lindsey, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Price guide

This home

£197 / sq ft

Area average (sold)

£215 / sq ft

Price per area, sold homes nearby

£131 / sq ft

£197 / sq ft

£292 / sq ft

Lowest

This home

Highest

£197 per sq ft, below the middle of recent sales in PE23 (£131–£292, 10th–90th percentile, 150 sales over 24 months).

Lowest and highest are the 10th and 90th percentiles of 150 homes sold in PE23 over the last 24 months. This home's figure uses its asking price. All sold £/sq ft in PE23 →

Location

Magellan Drive, Spilsby, PE23

Open map Street View

Mortgage and stamp duty

Property price £155,000

£77k £233k

Deposit10% £16,000

£0 £155k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £139,000 mortgage. Most lenders would want a household income of about £31,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
6, Magellan Drive Semi-detached	Semi-detached	May 2026	753 sq ft £239/sq ft	753 sq ft	£239	£180,000
42, Magellan Drive Semi-detached	Semi-detached	Nov 2025	721 sq ft £246/sq ft	721 sq ft	£246	£177,500
34, Magellan Drive Terraced	Terraced	Oct 2025	915 sq ft £202/sq ft	915 sq ft	£202	£185,000
27, Magellan Drive Detached	Detached	Mar 2025	786 sq ft £227/sq ft	786 sq ft	£227	£178,000
1, Magellan Drive Semi-detached	Semi-detached	Aug 2024	732 sq ft £243/sq ft	732 sq ft	£243	£178,000
40, Magellan Drive Detached	Detached	Aug 2024	797 sq ft £213/sq ft	797 sq ft	£213	£170,000
35, Magellan Drive Semi-detached	Semi-detached	Aug 2023	678 sq ft £261/sq ft	678 sq ft	£261	£177,000
38, Magellan Drive Detached	Detached	May 2023	678 sq ft £265/sq ft	678 sq ft	£265	£180,000