120, Spencefield Lane
120, Spencefield Lane
Description & Estimates
Public records show 120, Spencefield Lane, Leicester to be an early-century freehold house with 1,248 ft2 of internal area, sitting on a 381 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
120, Spencefield Lane, Leicester has an estimated sale value of £427,872 and an estimated rental value of £1,425 per month, assuming reasonable condition and based on the information available.
Spencefield Lane, Leicester, LE5 lies within the LE5 postal district.
Our Data Sources
120, Spencefield Lane, Leicester has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated September 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
In very good condition, we estimate 120, Spencefield Lane, Leicester would be worth £449,266, with a potential rental value of £1,496 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £397,921, with a rental value of £1,325 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 120, Spencefield Lane, Leicester has moved down by £7,672 (1.8%) over the last year. During the same period, its estimated monthly rental value has increased by £41 (2.9%). The property's estimated gross yield is currently 4.0%.
Plot Size
120, Spencefield Lane, Leicester occupies a 381 m2 plot as recorded by HM Land Registry.
Of the 38 other houses in this postcode, 34 have recorded plot sizes, and this one ranks as the 32nd largest.
Energy Efficiency
120, Spencefield Lane, Leicester has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Sep 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
120, Spencefield Lane, Leicester last changed hands on 15th July 2022, selling for £430,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 21.3% since July 2022.
- Sold Jul 2022£430,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of 120, Spencefield Lane, Leicester across the last 2 years.
Most recently, 23, Alcester Drive, Leicester, LE5 6LB, a freehold house, sold at £400,000 on the 30th September 2025.
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
Our analysis of the public data ranks 120, Spencefield Lane, Leicester as the 138th largest and the 154th most expensive of the 169 addresses on Spencefield Lane, Leicester, LE5.
Against the LE5 postcode district average, it is £157k more expensive than the typical property.
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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
Leicester station is the nearest stop to 120, Spencefield Lane, Leicester at 4.0 kilometres away.
- 4.0kmLeicester
- 6.8kmSouth Wigston
- 7.6kmSyston
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
