17, Spencefield Lane
17, Spencefield Lane
Description & Estimates
The public record lists 17, Spencefield Lane, Leicester as a freehold house sitting on a 1,128 m2 plot.
Comparison with its neighbours suggests a modern house with 2,706 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
17, Spencefield Lane, Leicester has an estimated sale value of £1,096,512 and an estimated rental value of £3,619 per month, assuming reasonable condition and based on the information available.
Spencefield Lane, Leicester, LE5 lies within the LE5 postal district.
Our Data Sources
17, Spencefield Lane, Leicester has a single entry in the Land Registry from July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 17, Spencefield Lane, Leicester would be worth £1,151,338, with a potential rental value of £3,800 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,019,757, with a rental value of £3,366 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 17, Spencefield Lane, Leicester has fallen by £16,220 (1.5%) over the last year. During the same period, its estimated monthly rental value has moved up by £117 (3.2%). The property's estimated gross yield is currently 4.0%.
Plot Size
17, Spencefield Lane, Leicester occupies a 1,128 m2 plot as recorded by HM Land Registry.
All 18 other houses in this postcode have recorded plot sizes, and this one ranks as the 10th largest.
Sold Prices
17, Spencefield Lane, Leicester last changed hands on 27th July 2007, selling for £495,000. 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 risen by 5.5% since July 2007.
- Sold Jul 2007£495,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of 17, Spencefield Lane, Leicester across the last 2 years.
Most recently, 70, Spencefield Lane, Leicester, LE5 6HF, a freehold house, sold at £930,000 on the 4th August 2023.
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 17, Spencefield Lane, Leicester as the 18th largest and the 6th most expensive of the 169 addresses on Spencefield Lane, Leicester, LE5.
Against the LE5 postcode district average, it is £825k more expensive than the typical property.
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Schools Nearby
- 400mKrishna Avanti Primary School
- 600mWhitehall Primary School
- 800mThurnby Mead Primary Academy
- 300mSt Paul's Catholic School, a Voluntary Academy
- 600mThe City of Leicester College
- 1.0kmJudgemeadow Community College
More reading links
Public Transport Nearby
Leicester station is the nearest stop to 17, Spencefield Lane, Leicester at 4.1 kilometres away.
- 4.1kmLeicester
- 7.1kmSouth Wigston
- 7.2kmSyston
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.
