110, Spencefield Lane
110, Spencefield Lane
Description & Estimates
110, Spencefield Lane, Leicester is recorded publicly as an early-century freehold house across 1,711 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 110, Spencefield Lane, Leicester is £516,823 and its rental estimate is £1,706 per month, given the available information and assuming reasonable condition.
Spencefield Lane, Leicester, LE5 falls within the LE5 postal district.
Our Data Sources
110, Spencefield Lane, Leicester has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 110, Spencefield Lane, Leicester, we estimate a market value of £542,664 and a rental value of £1,791 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £480,646 and £1,586 per month respectively.
Recent Market Change
Over the last year, 110, Spencefield Lane, Leicester has seen its estimated sale value fall by £7,645 (1.5%) and its estimated rental value move up by £55 per month (3.2%). This results in an estimated gross rental yield of 4.0%.
Energy Efficiency
110, Spencefield Lane, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jul 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 110, Spencefield Lane, Leicester completed on 10th December 2021 at £462,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 36.8% over the period since December 2021.
- Sold Dec 2021£462,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 110, Spencefield Lane, Leicester have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th April 2023, was 157, Spencefield Lane, Leicester, LE5 6GG, a freehold house which sold for £537,000.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 169 addresses on Spencefield Lane, Leicester, LE5, 110, Spencefield Lane, Leicester comes out as the 75th largest and the 107th most expensive in our analysis of the public data.
It is also £246k more expensive than the average property across the LE5 district.
More reading links
Schools Nearby
- 200mKrishna Avanti Primary School
- 400mWhitehall Primary School
- 1.2kmThurnby Mead Primary Academy
- 300mSt Paul's Catholic School, a Voluntary Academy
- 400mThe City of Leicester College
- 600mJudgemeadow Community College
More reading links
Public Transport Nearby
From 110, Spencefield Lane, Leicester, the nearest station is Leicester, 4.0 kilometres away.
- 4.0kmLeicester
- 6.8kmSouth Wigston
- 7.6kmSyston
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
