15, Springwell Lane
15, Springwell Lane
Description & Estimates
15, Springwell Lane, Leicester is recorded publicly as a modern freehold house across 1,130 ft2 of internal area, sitting on a 282 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 15, Springwell Lane, Leicester is £387,143 and its rental estimate is £1,240 per month, given the available information and assuming reasonable condition.
Springwell Lane, Whetstone, Leicester, LE8 falls within the LE8 postal district, in the borough of Blaby.
Our Data Sources
15, Springwell Lane, Leicester has 2 entries in the Land Registry , most recently in October 2017 and a single entry in the EPC database dated September 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 15, Springwell Lane, Leicester, we estimate a market value of £406,501 and a rental value of £1,303 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £360,043 and £1,154 per month respectively.
Recent Market Change
Over the last year, 15, Springwell Lane, Leicester has seen its estimated sale value decrease by £1,699 (0.4%) and its estimated rental value grow by £32 per month (2.6%). This results in an estimated gross rental yield of 3.8%.
Plot Size
HM Land Registry records the plot of land for 15, Springwell Lane, Leicester as measuring 282 m2.
That makes it the 38th largest plot in the postcode, where 40 of the 41 other houses have recorded plot data.
Energy Efficiency
15, Springwell Lane, Leicester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Sep 2016.
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 15, Springwell Lane, Leicester completed on 31st October 2017 at £260,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 28.6% over the period since October 2017.
- Sold Oct 2017£260,000
- Sold Sep 2013£198,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Springwell Lane, Leicester have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th October 2023, was 31, Cooper Crescent, Leicester, LE8 6AF, a freehold house which sold for £310,000.
Read more about house prices in LE8.
- Sold Oct 2023£310,000 | 3 Bed House31, Cooper Crescent, Leicester, LE8 6AF31, Cooper Crescent, Leicester, LE8 6AF
- Sold May 2021£280,000 | 4 Bed House11, Springwell Lane, Leicester, LE8 6LT11, Springwell Lane, Leicester, LE8 6LT
- Sold Mar 2020£348,500 | 3 Bed House35, Franklin Way, Leicester, LE8 6QY35, Franklin Way, Leicester, LE8 6QY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 41 addresses on Springwell Lane, Whetstone, Leicester, LE8, 15, Springwell Lane, Leicester comes out as the 33rd largest and the 33rd most expensive in our analysis of the public data.
It is also £58k more expensive than the average property across the LE8 district.
More reading links
Schools Nearby
- 300mBadgerbrook Primary School
- 1.0kmCosby Primary School
- 1.5kmSt Peter's Church of England Primary School Whetstone
- 1.4kmCountesthorpe Academy
- 3.5kmBrockington College
- 3.6kmSouth Wigston High School
More reading links
Public Transport Nearby
From 15, Springwell Lane, Leicester, the nearest station is Narborough, 2.1 kilometres away.
- 2.1kmNarborough
- 4.1kmSouth Wigston
- 8.9kmLeicester
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.
