Housing Market Analysis for MAGELLAN DRIVE, PE23 5FB

Are you looking to understand PE23 5FB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this East Lindsey postcode.

For the location information and nearby amenities in the PE23 5FB area, explore the PE23 5FB Area information page.
For comprehensive crime statistics in the PE23 5FB area, explore the PE23 5FB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PE23 5FB postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £100,481 median price is £100,000 Standard Deviation is £34,625 with Total Sold: 51
- The Last 5 Year average price is £155,625 with Total Sold: 8
- The most recent sale happened at this postcode is 1 MAGELLAN DRIVE: £178,000 (Sold on 27 Aug 2024)
- The first recorded sale happened at this postcode is 5 MAGELLAN DRIVE: £65,000 (Sold on 27 Jun 2000)
Detached
- The average price is around £110,605 median price is £106,000 Standard Deviation is £39,816 with Total Sold: 31
- The Last 5 Year average price is £169,217 with Total Sold: 6
- The most recent sale happened at this postcode is 38 MAGELLAN DRIVE: £180,000 (Sold on 26 May 2023)
- The first recorded sale happened at this postcode is 40 MAGELLAN DRIVE: £170,000 (Sold on 02 Aug 2024)
Terraced
- The average price is around £97,664 median price is £79,950 Standard Deviation is £36,025 with Total Sold: 11
- The Last 5 Year average price is £155,000 with Total Sold: 2
- The most recent sale happened at this postcode is 16 MAGELLAN DRIVE: £173,000 (Sold on 29 Nov 2019)
- The first recorded sale happened at this postcode is 37 MAGELLAN DRIVE: £79,950 (Sold on 27 Jul 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average PE23 5FB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£178,000		1
2023	£177,000	£2,697	1
2022	£173,000	£2,621	1
2021	£144,750	£2,171	2
2020	£142,500	£2,131	3
2018	£127,000	£1,935	1
2016	£122,000	£1,542	1
2015	£119,000	£1,763	2
2014	£107,167	£1,614	3
2013	£113,000	£1,676	2
2012	£100,000	£1,546	1
2011	£115,000	£1,453	1
2007	£132,000	£2,095	1
2006	£121,874	£1,729	4
2005	£95,000	£1,508	1
2004	£108,240	£1,642	5
2003	£99,000		1
2002	£72,100	£1,078	7
2001	£61,257	£881	7
2000	£56,975	£780	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£180,000	£2,857	1
2022	£171,000	£2,478	1
2021	£175,150	£2,322	2
2020	£144,000	£2,087	1
2016	£142,500	£1,822	2
2014	£130,267	£1,720	3
2006	£135,000	£1,875	1
2005	£145,000	£2,302	1
2004	£117,500	£1,439	2
2003	£101,500	£1,381	2
2002	£92,000	£1,103	2
2001	£71,838	£975	8
2000	£65,238	£901	4
2024	£170,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£155,000	£1,711	2
2007	£128,250	£1,874	2
2002	£72,170	£940	5
2001	£73,475	£755	2

All the Sales in the MAGELLAN DRIVE, PE23 5FB

See the table below for more details on the sold house prices in the PE23 5FB, East Lindsey postcode.

Address	Sold Date	Price	% Change
1 MAGELLAN DRIVESemi-Detached, Freehold	27 Aug 2024	£178,000	2.89%
	15 Jul 2022	£173,000	17.69%
	28 Jan 2021	£147,000	27.83%
	04 Jul 2014	£115,000	-4.16%
	21 Feb 2006	£119,995	57.99%
	23 Aug 2002	£75,950	First Sale
35 MAGELLAN DRIVESemi-Detached, FreeholdArea: 65.62 Sq.mtrAge: 1996-2002	29 Aug 2023	£177,000	39.37%
	18 May 2018	£127,000	-3.79%
	20 Nov 2007	£132,000	38.95%
	15 Jul 2005	£95,000	61.02%
	28 Mar 2001	£59,000	First Sale
38 MAGELLAN DRIVEDetached, FreeholdArea: 63 Sq.mtrAge: 2003-2006	26 May 2023	£180,000	28.57%
	29 Sep 2016	£140,000	91.91%
	03 Sep 2001	£72,950	First Sale
25 MAGELLAN DRIVEDetached, FreeholdArea: 69 Sq.mtrAge: 1996-2002	26 Aug 2022	£171,000	171.43%
	15 Dec 2000	£63,000	First Sale
40 MAGELLAN DRIVEDetached, FreeholdArea: 74 Sq.mtrAge: 2003-2006	26 May 2021	£178,000	69.52%
	22 Aug 2003	£105,000	50.11%
	06 Jul 2001	£69,950	-58.85%
	02 Aug 2024	£170,000	First Sale
30 MAGELLAN DRIVEDetached, FreeholdArea: 77 Sq.mtrAge: 2003-2006	12 May 2021	£172,300	28.77%
	21 Feb 2014	£133,800	40.92%
	25 Apr 2002	£94,950	First Sale
14 MAGELLAN DRIVESemi-Detached, FreeholdArea: 67.4 Sq.mtrAge: 1996-2002	12 Feb 2021	£142,500	42.57%
	06 Feb 2004	£99,950	37.01%
	14 Jun 2002	£72,950	First Sale
6 MAGELLAN DRIVESemi-Detached, FreeholdArea: 65.68 Sq.mtrAge: 1996-2002	26 Oct 2020	£145,000	22.36%
	23 Jan 2014	£118,500	11.79%
	20 Feb 2004	£106,000	89.45%
	10 Nov 2000	£55,950	First Sale
42 MAGELLAN DRIVESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1996-2002	20 Oct 2020	£143,500	139.17%
	29 Jun 2001	£60,000	First Sale
41 MAGELLAN DRIVEDetached, FreeholdArea: 69 Sq.mtrAge: 1996-2002	28 Aug 2020	£144,000	140.00%
	20 Jul 2001	£60,000	First Sale
4 MAGELLAN DRIVESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1996-2002	26 Jun 2020	£139,000	17.80%
	03 Jul 2015	£118,000	34.09%
	21 Nov 2014	£88,000	62.96%
	19 Jul 2000	£54,000	First Sale
16 MAGELLAN DRIVETerraced, FreeholdArea: 123 Sq.mtrAge: 1996-2002	29 Nov 2019	£173,000	166.15%
	26 Apr 2002	£65,000	First Sale
26 MAGELLAN DRIVETerraced, FreeholdArea: 68 Sq.mtrAge: 1996-2002	17 Apr 2019	£137,000	110.77%
	05 Apr 2002	£65,000	First Sale
18 MAGELLAN DRIVESemi-Detached, FreeholdArea: 79.12 Sq.mtrAge: 1996-2002	31 Oct 2016	£122,000	6.09%
	27 Jun 2011	£115,000	71.64%
	02 Nov 2001	£67,000	First Sale
15 MAGELLAN DRIVEDetached, FreeholdArea: 102 Sq.mtrAge: 1991-1995	13 Oct 2016	£145,000	12.40%
	04 Jun 2004	£129,000	76.71%
	20 Apr 2001	£73,000	First Sale
28 MAGELLAN DRIVESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1996-2002	06 Nov 2015	£120,000	3.45%
	25 Apr 2013	£116,000	-11.79%
	18 Apr 2007	£131,500	93.52%
	12 Apr 2002	£67,950	First Sale
27 MAGELLAN DRIVEDetached, FreeholdArea: 68.895 Sq.mtrAge: 1996-2002	16 Jun 2014	£132,000	34.69%
	19 Jun 2003	£98,000	44.22%
	06 Apr 2001	£67,950	First Sale
36 MAGELLAN DRIVEDetached, FreeholdArea: 83 Sq.mtrAge: 1996-2002	11 Jun 2014	£125,000	60.36%
	07 Sep 2001	£77,950	First Sale
29 MAGELLAN DRIVESemi-Detached, FreeholdArea: 67.9 Sq.mtrAge: 1996-2002	02 Sep 2013	£110,000	-4.35%
	24 Feb 2006	£115,000	91.83%
	09 May 2001	£59,950	First Sale
23 MAGELLAN DRIVESemi-Detached, FreeholdArea: 64.7 Sq.mtrAge: 1996-2002	15 Nov 2012	£100,000	-13.04%
	10 Nov 2004	£115,000	59.72%
	24 Jul 2002	£72,000	28.57%
	08 Dec 2000	£56,000	First Sale
22 MAGELLAN DRIVETerraced, FreeholdArea: 70 Sq.mtrAge: 1950-1966	02 Feb 2007	£124,999	83.96%
	28 Feb 2002	£67,950	First Sale
9 MAGELLAN DRIVESemi-Detached, Freehold	26 Oct 2006	£124,000	125.66%
9 MAGELLAN DRIVESemi-Detached, Freehold	06 Oct 2000	£54,950	First Sale
7 MAGELLAN DRIVEDetached, FreeholdArea: 72 Sq.mtrAge: 1996-2002	04 Oct 2006	£135,000	117.74%
	17 Nov 2000	£62,000	First Sale
5 MAGELLAN DRIVESemi-Detached, Freehold	02 Feb 2006	£128,500	29.80%
	02 Jul 2003	£99,000	52.31%
	27 Jun 2000	£65,000	First Sale
20 MAGELLAN DRIVEDetached, FreeholdArea: 63 Sq.mtrAge: 1996-2002	21 Oct 2005	£145,000	81.36%
	18 Dec 2001	£79,950	First Sale
33 MAGELLAN DRIVESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1996-2002	28 Oct 2004	£118,250	97.25%
	23 Aug 2001	£59,950	First Sale
32 MAGELLAN DRIVESemi-Detached, Freehold	22 Oct 2004	£111,000	38.84%
	29 Nov 2002	£79,950	17.66%
	30 Jan 2002	£67,950	First Sale
31 MAGELLAN DRIVESemi-Detached, Freehold	19 Oct 2004	£97,000	44.88%
31 MAGELLAN DRIVESemi-Detached, Freehold	07 Dec 2001	£66,950	First Sale
3 MAGELLAN DRIVEDetached, FreeholdArea: 68 Sq.mtrAge: 1996-2002	05 Sep 2002	£75,000	First Sale
PARK CORNER MAGELLAN DRIVEDetached, Freehold	19 Jul 2002	£109,000	First Sale
12 MAGELLAN DRIVESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1996-2002	26 Apr 2002	£67,950	First Sale
24 MAGELLAN DRIVESemi-Detached, Freehold	23 Apr 2002	£67,950	First Sale
34 MAGELLAN DRIVETerraced, FreeholdArea: 88.708 Sq.mtrAge: 1996-2002	21 Dec 2001	£67,000	First Sale
39 MAGELLAN DRIVEDetached, Freehold	05 Dec 2001	£72,950	First Sale
37 MAGELLAN DRIVETerraced, Freehold	27 Jul 2001	£79,950	First Sale
11 MAGELLAN DRIVESemi-Detached, Freehold	06 Mar 2001	£55,950	First Sale
8 MAGELLAN DRIVESemi-Detached, Freehold	29 Sep 2000	£56,950	First Sale
10 MAGELLAN DRIVESemi-Detached, FreeholdArea: 80.8 Sq.mtrAge: 1996-2002	22 Sep 2000	£54,950	First Sale
2 MAGELLAN DRIVEDetached, Freehold	04 Aug 2000	£80,000	First Sale

Check out the sold house prices near the PE23 5FB postcode. Properties currently for saleProperties currently for rent

MAGELLAN DRIVE, PE23 5FB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PE23 5FB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the PE23 5FB postcode.

Semi-Detached
- The average price is around £98,757 median price is £106,950 Standard Deviation is £45,026 with Total Sold: 519
- The Last 5 Year average price is £150,673 with Total Sold: 66
- The most recent sale happened at this postcode is , 67 LADY JANE FRANKLIN DRIVE: £165,000 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 19 FOXGLOVE CLOSE: £37,950 (Sold on 24 Mar 1995)
Detached
- The average price is around £142,951 median price is £143,500 Standard Deviation is £71,489 with Total Sold: 447
- The Last 5 Year average price is £220,512 with Total Sold: 71
- The most recent sale happened at this postcode is , 40 MAGELLAN DRIVE: £170,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 4 FOXGLOVE CLOSE: £55,000 (Sold on 01 Mar 1995)
Terraced
- The average price is around £90,553 median price is £88,975 Standard Deviation is £46,946 with Total Sold: 382
- The Last 5 Year average price is £124,141 with Total Sold: 70
- The most recent sale happened at this postcode is , 49 LADY JANE FRANKLIN DRIVE: £152,000 (Sold on 06 Jun 2024)
- The first recorded sale happened at this postcode is , 51 ALMA PLACE: £24,500 (Sold on 05 Feb 1995)
Other
- The average price is around £224,522 median price is £118,000 Standard Deviation is £610,718 with Total Sold: 32
- The Last 5 Year average price is £123,875 with Total Sold: 20
- The most recent sale happened at this postcode is , 27 HIGH STREET: £44,000 (Sold on 24 Apr 2024)
- The first recorded sale happened at this postcode is , 42 HIGH STREET: £32,000 (Sold on 05 Nov 2013)
Flat
- The average price is around £62,944 median price is £59,000 Standard Deviation is £24,663 with Total Sold: 32
- The Last 5 Year average price is £79,000 with Total Sold: 3
- The most recent sale happened at this postcode is , 9A HIGH STREET: £96,500 (Sold on 13 May 2022)
- The first recorded sale happened at this postcode is , 16 REYNARD STREET: £29,500 (Sold on 27 Aug 1998)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£172,000	£1,926	4
2023	£191,100	£2,267	15
2022	£143,062	£2,182	8
2021	£136,418	£1,950	19
2020	£134,682	£1,939	11
2019	£130,222	£1,688	9
2018	£128,156	£1,719	18
2017	£124,985	£1,777	13
2016	£109,000	£1,418	18
2015	£103,330	£1,432	15
2014	£114,642	£1,385	12
2013	£107,083	£1,397	12
2012	£96,625	£1,383	10
2011	£117,868	£1,450	8
2010	£120,248	£1,433	6
2009	£118,288	£1,608	12
2008	£118,550	£1,411	13
2007	£129,097	£1,736	20
2006	£119,068	£1,564	41
2005	£111,071	£1,455	31
2004	£107,953	£1,507	48
2003	£98,256	£1,173	17
2002	£71,482	£948	28
2001	£52,482	£888	23
2000	£49,603	£712	22
1999	£41,990	£640	26
1998	£41,186	£660	18
1997	£43,547	£615	14
1996	£40,330	£573	22
1995	£37,658	£675	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£328,000	£2,563	5
2023	£236,833	£2,183	6
2022	£218,287	£2,659	11
2021	£219,033	£2,160	21
2020	£206,467	£1,939	15
2019	£192,115	£1,780	13
2018	£156,167	£2,131	12
2017	£200,245	£1,757	10
2016	£161,077	£1,832	13
2015	£164,967	£1,596	15
2014	£148,683	£1,890	15
2013	£140,500	£1,520	4
2012	£174,700	£1,671	5
2011	£141,875	£1,771	4
2010	£167,271	£1,919	14
2009	£151,744	£1,700	8
2008	£194,119	£1,781	8
2007	£174,938	£1,708	21
2006	£174,865	£1,753	39
2005	£170,758	£1,746	25
2004	£137,864	£1,535	35
2003	£117,925	£1,322	28
2002	£86,438	£1,039	18
2001	£73,985	£867	23
2000	£66,542	£776	19
1999	£51,384	£659	19
1998	£54,628	£640	14
1997	£50,425	£720	16
1996	£50,250	£559	6
1995	£39,000	£472	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£137,333	£1,900	3
2023	£154,717	£1,999	9
2022	£122,292	£1,680	12
2021	£117,625	£1,464	20
2020	£114,929	£1,518	14
2019	£121,367	£1,727	12
2018	£119,108	£1,555	13
2017	£86,625	£1,145	8
2016	£98,173	£1,447	11
2015	£115,096	£1,418	13
2014	£97,412	£1,236	13
2013	£113,600	£1,358	5
2012	£97,472	£1,428	2
2011	£86,278	£1,225	9
2010	£96,850	£1,316	5
2009	£89,900	£1,192	5
2008	£125,167	£1,366	9
2007	£110,245	£1,516	20
2006	£117,734	£1,439	22
2005	£116,359	£1,360	24
2004	£99,120	£1,364	25
2003	£84,921	£971	30
2002	£54,297	£806	18
2001	£46,267	£570	12
2000	£37,011	£403	9
1999	£34,577	£402	13
1998	£31,037	£453	12
1997	£29,461	£388	11
1996	£26,098	£392	12
1995	£25,427	£358	11

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£44,000		1
2023	£143,600		5
2022	£126,700	£2,183	5
2021	£35,000		1
2020	£90,000		2
2019	£144,500	£1,094	6
2018	£86,520	£181	6
2017	£125,000		1
2016	£171,100		1
2015	£110,000		1
2014	£1,875,000	£3,061	2
2013	£32,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£96,500	£869	1
2021	£70,250	£1,068	2
2018	£64,000	£1,103	1
2017	£53,500	£898	2
2016	£84,000	£757	1
2015	£72,500	£1,229	1
2013	£52,500	£945	2
2011	£63,000	£1,068	1
2010	£65,000	£1,102	1
2007	£63,969	£1,090	8
2006	£112,475	£1,389	2
2005	£67,500	£1,071	1
2004	£119,500		1
2003	£43,750	£664	2
2002	£43,000	£777	2
2001	£26,500	£464	2
1998	£33,250	£500	2

House Type in PE23 5FB area

The most common house types in the PE23 5FB postcode area are Semi-detached (135), Detached (50), and Terraced (11).

Total	196
Semi-detached	135
Detached	50
Terraced	11
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (61), and Owned: Owns with a mortgage or loan (48).

Owned: Owns outright	61
Owned: Owns with a mortgage or loan	48
Social rented: Other social rented	43
Private rented: Private landlord or letting agency	31
Social rented: Rents from council or Local Authority	8
Shared ownership: Shared ownership	3
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the PE23 5FB have 2 people in household (73), and 1 person in household (53).

2 people in household	73
1 person in household	53
3 people in household	37
4 people in household	20
5 people in household	10
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0