7, MAGELLAN DRIVE, WORKSOP, S80 3QZ - £170,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 MAGELLAN DRIVE is a very small detached house of 87m², built sometime between 2003 and 2006, which could now be worth an estimated £277,207. It was last sold for £170,000 in June 2015, which was around 11% below the average June 2015 detached price in the Bassetlaw local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

7 MAGELLAN DRIVE Sold Prices

Land registry data shows three sales for 7 MAGELLAN DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bassetlaw local authority area for the corresponding sale date. Two of the three 7 MAGELLAN DRIVE sales were for below the average price, whilst one was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 19 JUN	£170,000	£191,777	11% below HPI
2010 21 MAY	£139,500	£175,414	20% below HPI
2003 24 OCT	£154,950	£143,491	8% above HPI

7 MAGELLAN DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bassetlaw local authority area over time, sourced from the HPI. The three 7 MAGELLAN DRIVE sales between October 2003 and June 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2010 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the June 2015 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

What might 7 MAGELLAN DRIVE be worth now?

7 MAGELLAN DRIVE might now be worth an estimated £277,207.

This is based on house price inflation of 63.1%, between June 2015 and February 2025, for detached houses, in the Bassetlaw local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.1% inflationary increase is applied to the most recent sale price for 7 MAGELLAN DRIVE of £170,000 on 19th June 2015. For the value to have increased from £170,000 to £277,207 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 7 MAGELLAN DRIVE has moved in line with the HPI for detached houses in the Bassetlaw local authority area.
• The June 2015 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MAGELLAN DRIVE has not materially changed since June 2015.

How Large is 7 MAGELLAN DRIVE?

7 MAGELLAN DRIVE is 87m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses houses in Worksop, based on EPC data. The below chart shows the distribution of detached houses houses by size in Worksop, and where 7 MAGELLAN DRIVE lies on this distribution: 19% of detached houses houses are smaller than 7 MAGELLAN DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in Worksop.

7 MAGELLAN DRIVE: Plot and Title Map

7 MAGELLAN DRIVE sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 7 MAGELLAN DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 MAGELLAN DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 MAGELLAN DRIVE?

7 MAGELLAN DRIVE is located in WORKSOP, in the S80 postcode district. The below map shows the position of No. 7 on MAGELLAN DRIVE.