113, Spencefield Lane
113, Spencefield Lane
Description & Estimates
According to the public record, 113, Spencefield Lane, Leicester is an early-century freehold house with 2,303 ft2 of internal area and sits on a 837 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 113, Spencefield Lane, Leicester is £793,485 and the estimated rental value is £2,619 per month.
Spencefield Lane, Leicester, LE5 is located within the LE5 postal district.
Our Data Sources
113, Spencefield Lane, Leicester has 21 entries in the Land Registry , most recently in November 2007 and a single entry in the EPC database dated December 2013.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 113, Spencefield Lane, Leicester is in very good condition we estimate a sale value of £833,159 and a rental value of £2,750 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £737,941 and a rental value of £2,436 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 113, Spencefield Lane, Leicester has declined by £11,738 (1.5%), while its estimated rental value has climbed by £85 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 4.0%.
Plot Size
According to data from HM Land Registry, 113, Spencefield Lane, Leicester sits on a plot of 837 m2.
We have plot size data on 25 out of 25 other houses in the postcode and 113, Spencefield Lane, Leicester sits on the 23rd largest plot.
Energy Efficiency
113, Spencefield Lane, Leicester has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 13 Dec 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
Sold Prices
According to HM Land Registry, 113, Spencefield Lane, Leicester was last sold on 23rd November 2007 for £315,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2007, the market for similar properties has risen by 5.3%.
- Sold Nov 2007£315,000
- Sold Aug 2004£315,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 113, Spencefield Lane, Leicester within a radius of 710 metres over the last 2 years.
The most recent example is 131, Spencefield Lane, Leicester, LE5 6GG, a freehold house which sold for £650,000 on the 18th February 2021.
Read more about house prices in LE5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Spencefield Lane, Leicester, LE5 has a total of 169 addresses. According to our analysis of all the public data, 113, Spencefield Lane, Leicester is the 28th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £522k more expensive than the average property in LE5.
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Schools Nearby
- 200mKrishna Avanti Primary School
- 400mWhitehall Primary School
- 1.1kmThurnby Mead Primary Academy
- 200mSt Paul's Catholic School, a Voluntary Academy
- 400mThe City of Leicester College
- 700mJudgemeadow Community College
More reading links
Public Transport Nearby
The closest station to 113, Spencefield Lane, Leicester is Leicester station, which is 4.0 kilometres away.
- 4.0kmLeicester
- 6.8kmSouth Wigston
- 7.5kmSyston
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
